PURCHASE AND ASSUMPTION AGREEMENT Between THE BANK OF HAMPTON ROADS (“Seller”) and THE EAST CAROLINA BANK (“Purchaser”)Purchase and Assumption Agreement • July 15th, 2011 • Ecb Bancorp Inc • State commercial banks • North Carolina
THIS PURCHASE AND ASSUMPTION AGREEMENT (this “Agreement”) is entered into as of July 14, 2011 between The Bank of Hampton Roads, a Virginia chartered bank having its principal offices in Norfolk, Virginia (“Seller”), and The East Carolina Bank, a North Carolina chartered bank having its principal offices in Engelhard, North Carolina (“Purchaser”).
