BRANCH PURCHASE AND ASSUMPTION AGREEMENT between LOS PADRES BANK and ARVEST BANK July 31, 2009 ________________________________________Branch Purchase and Assumption Agreement • August 6th, 2009 • Harrington West Financial Group Inc/Ca • Savings institution, federally chartered • Arkansas
THIS BRANCH PURCHASE AND ASSUMPTION AGREEMENT (this “Agreement”) is made and executed as of the 31st day of July, 2009, by and between LOS PADRES BANK, a federally chartered savings bank corporation with its main office located in Solvang, California (“Seller”), and ARVEST BANK, an Arkansas state banking corporation with its main office located in Fayetteville, Arkansas (“Buyer”).
