AGREEMENT AND PLAN OF REORGANIZATION among STARK BANK GROUP, LTD., SBG II, LTD., and PELICAN FINANCIAL, INC. Dated as of November 30, 2005Agreement and Plan of Reorganization • December 8th, 2005 • Pelican Financial Inc • National commercial banks • Iowa
Contract Type FiledDecember 8th, 2005 Company Industry JurisdictionThis AGREEMENT AND PLAN OF REORGANIZATION (this “Agreement”), is made and dated as of November 30, 2005, among Stark Bank Group, Ltd., a Iowa Corporation (“Buyer”), SBG II, Ltd. an Iowa corporation and a wholly owned subsidiary of Buyer (“Newco”), and Pelican Financial, Inc., a Delaware corporation (“PFI”).