PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF COLUMBIA RIVER BANK, THE DALLES, OREGON FEDERAL DEPOSIT INSURANCE CORPORATION and COLUMBIA STATE BANK DATED AS OF JANUARY 22, 2010Purchase and Assumption Agreement • January 28th, 2010 • Columbia Banking System Inc • State commercial banks • New York
THIS AGREEMENT, made and entered into as of the 22nd day of January, 2010, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of COLUMBIA RIVER BANK, THE DALLES, OREGON (the “Receiver”), COLUMBIA STATE BANK, organized under the laws of the United States of America, and having its principal place of business in TACOMA, WASHINGTON (the “Assuming Bank”), 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”).
