EXHIBIT 10.23

AMENDMENT NUMBER ONE TO
SALARY CONTINUATION AGREEMENT

This Amendment Number One is made as of December 20, 2007, to the Salary
Continuation Agreement dated as of June 29, 2007 (the “Agreement”), by and
between Southern Community Bank and Trust and James C. Monroe.

1. The Agreement is amended by adding a new Paragraph 5.5 to read as follows:
“Suicide or Misstatement. The Bank shall not pay any benefit under this
Agreement if the Executive commits suicide within two years after the date of
this Agreement or if the Executive makes any material misstatement of fact on
any application or resume provided to the Bank or on any life insurance
application for benefits which death benefits would be payable to the Bank.”

2. No other terms and conditions of the Agreement are affected by this
Amendment.

IN WITNESS WHEREOF, the parties have executed this Amendment (Southern Community
Bank and Trust by its duly authorized officer) effective as of the day and year
first written above.
  
SOUTHERN COMMUNITY BANK AND TRUST
 
 
By:  /s/ F. Scott Bauer

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F. Scott Bauer, CEO
 
OFFICER
 
 /s/ James C. Monroe, Jr. (SEAL)

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James C. Monroe
 
 
 

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