California’s Simplicity Bancorp to Merge with HomeStreet, Inc.Merger Agreement • October 1st, 2014 • Simplicity Bancorp, Inc. • Savings institution, federally chartered
SEATTLE, Wash. & COVINA, Calif.—September 29, 2014—HomeStreet, Inc. (NASDAQ:HMST) (“HomeStreet”) has entered into a definitive agreement under which Simplicity Bancorp, Inc. (NASDAQ:SMPL) (“Simplicity”), a Maryland corporation and savings and loan holding company, will merge with HomeStreet, and Simplicity Bank, a federally chartered savings bank institution, will merge with HomeStreet’s subsidiary, HomeStreet Bank. The merger is subject to customary closing conditions, including shareholder and regulatory approvals.
AGREEMENT AND PLAN OF MERGER DATED AS OF SEPTEMBER 27, 2014 BETWEEN HOMESTREET, INC. a Washington corporation; AND SIMPLICITY BANCORP, INC. a Maryland corporationMerger Agreement • October 1st, 2014 • Simplicity Bancorp, Inc. • Savings institution, federally chartered • Washington
This AGREEMENT AND PLAN OF MERGER, dated as of September 27, 2014 (this “Agreement”), is by and between HomeStreet, Inc. (“HomeStreet”), a Washington corporation and registered savings and loan holding company, and Simplicity Bancorp, Inc., a Maryland corporation and registered savings and loan holding company (“Simplicity”). Capitalized terms used herein shall have the meanings assigned in Section 1.1.
