AGREEMENT AND PLAN OF MERGER DATED AS OF OCTOBER 21, 2013 AMONG NORTHRIM BANCORP, INC., NORTHRIM MERGER SUB, INC., NORTHRIM BANK ALASKA PACIFIC BANCSHARES, INC. AND ALASKA PACIFIC BANKMerger Agreement • October 24th, 2013 • Alaska Pacific Bancshares Inc • Savings institution, federally chartered • Alaska
Contract Type FiledOctober 24th, 2013 Company Industry JurisdictionThis AGREEMENT AND PLAN OF MERGER, dated as of October 21, 2013 (this “Agreement”), is by and among Northrim BanCorp, Inc. (“Northrim”), Northrim Merger Sub, Inc. (“Merger Sub”), Northrim Bank (“Northrim Bank”), Alaska Pacific Bancshares, Inc. (“Alaska Pacific”) and Alaska Pacific Bank (“Alaska Pacific Bank”). Capitalized terms used herein shall have the meanings assigned in Section 1.1.