PURCHASE AND ASSUMPTION AGREEMENT BY AND AMONG CITRUS BANK, NATIONAL ASSOCIATION A NATIONAL BANK, CIB MARINE BANCSHARES, INC. A WISCONSIN CORPORATION, AND 1ST UNITED BANK A FLORIDA-CHARTERED, MEMBER BANK APRIL 3, 2008Purchase and Assumption Agreement • May 14th, 2008 • 1st United Bancorp, Inc. • State commercial banks • Florida
This Purchase and Assumption Agreement (the “Agreement”) dated as of April 3, 2008, is by and among Citrus Bank, National Association, a national banking association with its principal office at 1717 Indian River Boulevard, Vero Beach, Florida 32960 (“Citrus” or the “Seller”), CIB Marine Bancshares, Inc., a Wisconsin corporation with its principal office at N27 W24025 Paul Court, Pewaukee, Wisconsin 53072 (“CIB” and collectively with Citrus, the “Sellers,” unless the context otherwise provides), and 1st United Bank, a Florida-chartered, member bank with its principal office at One North Federal Highway, Boca Raton, Florida 33432 (“Purchaser”).
AMENDMENT TO PURCHASE AND ASSUMPTION AGREEMENTPurchase and Assumption Agreement • May 14th, 2008 • 1st United Bancorp, Inc. • State commercial banks
This Amendment to Purchase and Assumption Agreement (“Amendment”) is dated as of the 13th day of May, 2008, by and among Citrus Bank, National Association (“Citrus”), CIB Marine Bancshares, Inc. (“CIB” and collectively with Citrus, the “Sellers”), 1st United Bank (“Purchaser”) and lst United Bancorp, Inc. (“Parent”).
