AGREEMENT AND PLAN OF MERGER BY AND AMONG POAGE BANKSHARES, INC. POAGE MERGER SUBSIDIARY, INC. HOME FEDERAL SAVINGS AND LOAN ASSOCIATION AND TOWN SQUARE FINANCIAL CORPORATION AND TOWN SQUARE BANK DATED AS OF OCTOBER 21, 2013Merger Agreement • October 21st, 2013 • Poage Bankshares, Inc. • Savings institution, federally chartered • Kentucky
Contract Type FiledOctober 21st, 2013 Company Industry JurisdictionThis AGREEMENT AND PLAN OF MERGER (this “Agreement”) is dated as of October 21, 2013 by and among Poage Bankshares, Inc., a Maryland corporation (“Poage Bankshares”), Poage Merger Subsidiary, Inc., a wholly owned subsidiary of Poage Bankshares incorporated under the laws of the State of Kentucky (“Poage Merger Subsidiary”), Home Federal Savings and Loan Association, a federal thrift and wholly owned subsidiary of Poage Bankshares (“Home Federal”), Town Square Financial Corporation, a Kentucky corporation (“Town Square Financial”), and Town Square Bank, a wholly owned subsidiary of Town Square Financial and a Kentucky-chartered commercial bank (“Town Square Bank”). Each of Poage Bankshares, Poage Merger Subsidiary, Home Federal, Town Square Financial, and Town Square Bank is sometimes individually referred to herein as a “party,” and all of them are sometimes collectively referred to herein as the “parties.”