2,500,000 Shares Coast Financial Holdings, Inc. Common Stock par value $5.00 per share Underwriting AgreementUnderwriting Agreement • September 15th, 2005 • Coast Financial Holdings Inc • State commercial banks • New York
Coast Financial Holdings, Inc., a Florida corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the Underwriters named in Schedule I hereto (the “Underwriters”), for whom Sandler O’Neill & Partners, L.P. is acting as representative (in such capacity, the “Representative”), an aggregate of 2,500,000 shares (the ”Firm Shares”) and, at the election of the Underwriters, up to 375,000 additional shares (the “Optional Shares”) of the common stock, par value $5.00 per share (the “Common Stock”) of the Company (the Firm Shares and the Optional Shares that the Underwriters elect to purchase pursuant to Section 2 hereof being collectively called the “Shares”).
BUSINESS LOAN AGREEMENTBusiness Loan Agreement • September 15th, 2005 • Coast Financial Holdings Inc • State commercial banks • Florida
THIS BUSINESS LOAN AGREEMENT dated August 8, 2005, is made and executed between Coast Financial Holdings, Inc. (“Borrower”) and Independent Bankers’ Bank of Florida (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement (“Loan”). Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender’s sole Judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
