PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF MIRAE BANK, LOS ANGELES, CALIFORNIA FEDERAL DEPOSIT INSURANCE CORPORATION and WILSHIRE STATE BANK DATED AS OF JUNE 26, 2009Purchase and Assumption Agreement • July 1st, 2009 • Wilshire Bancorp Inc • State commercial banks • New York
THIS AGREEMENT, made and entered into as of the 26th day of June, 2009, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of Mirae Bank, Los Angeles, California (the “Receiver”), Wilshire State Bank, organized under the laws of the State of California, and having its principal place of business in Los Angeles, California (the “Assuming Bank”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
