0001144204-15-038116 Sample Contracts

PURCHASE AND ASSUMPTION AGREEMENT by and between SELECT BANK & TRUST COMPANY, a North Carolina banking corporation as Buyer and YADKIN BANK, a North Carolina banking corporation as Seller Dated as of June 19, 2015

Purchase and Assumption Agreement • June 19th, 2015 • Select Bancorp, Inc. • State commercial banks • North Carolina

• Contract Type
  Purchase and Assumption Agreement
• Filed
  June 19th, 2015
• Company
  Select Bancorp, Inc.
• Industry
  State commercial banks
• Jurisdiction
  North Carolina

THIS PURCHASE AND ASSUMPTION AGREEMENT (this “Agreement”) is made and entered into as of the 19th day of June, 2015, by and between SELECT BANK & TRUST COMPANY, a North Carolina banking corporation with its main office in Dunn, North Carolina (“Buyer”), and Yadkin Bank, a North Carolina banking corporation with its main office in Statesville, North Carolina (“Seller”).