PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION RECEIVER OF HARVEST BANK OF MARYLAND, GAITHERSBURG, MARYLAND FEDERAL DEPOSIT INSURANCE CORPORATION and SONABANK DATED AS OF April 27, 2012Purchase and Assumption Agreement • May 3rd, 2012 • Southern National Bancorp of Virginia Inc • State commercial banks
THIS AGREEMENT, made and entered into as of the 27th day of April, 2012, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of HARVEST BANK OF MARYLAND, GAITHERSBURG, MARYLAND (the “Receiver”), SONABANK, organized under the laws of the State of Virginia, and having its principal place of business in McLean, Virginia (the “Assuming Institution”), 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”).
