UNITED STATES OF AMERICA BEFORE THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C. NEW MEXICO REGULATION AND LICENSING DEPARTMENT FINANCIAL INSTITUTIONS DIVISION SANTA FE, NEW MEXICOWritten Agreement • July 9th, 2009 • First State Bancorporation • State commercial banks
WHEREAS, in recognition of their common goal to maintain the financial soundness of First State Bancorporation, Albuquerque, New, Mexico (“Bancorp”), a registered bank holding company, and its subsidiary bank, First Community Bank, Taos, New Mexico (the “Bank”), a state member bank, Bancorp, the Bank, the Federal Reserve Bank of Kansas City (the “Reserve Bank”), and the New Mexico Regulation and Licensing Department, Financial Institutions Division (the “Division”) have mutually agreed to enter into this Written Agreement (the “Agreement”); and
