EXECUTION VERSION AGREEMENT AND PLAN OF MERGER BY AND AMONG FIRST STATE BANCORPORATION AND NEW MEXICO FINANCIAL CORPORATION, RANCHERS BANKS DATED AS OF SEPTEMBER 2, 2005Merger Agreement • September 6th, 2005 • First State Bancorporation • State commercial banks • New Mexico
AGREEMENT AND PLAN OF MERGER, dated as of September 2, 2005, by and among First State Bancorporation, a New Mexico corporation (the “Buyer”), New Mexico Financial Corporation, a New Mexico corporation (the “Company”), and Ranchers Banks, a New Mexico state chartered bank and a wholly owned subsidiary of the Company (the “Bank”). The Buyer and the Company are sometimes collectively referred to herein as the “Constituent Corporations”.
