Written agreement with First State Bancorporation and First Community Bank

The following press release was published by the Board of Governors of the Federal Reserve System on July 9, 2009. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among First State Bancorporation, Albuquerque, New Mexico, a registered bank holding company, First Community Bank, Taos, New Mexico, a state chartered member bank, the Federal Reserve Bank of Kansas City, and the New Mexico Regulation and Licensing Department, Financial Institutions Division.

A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System