**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-Q**

**QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE**
**SECURITIES      EXCHANGE ACT OF 1934**

| For                the quarterly period ended | **September                30, 2006** |   |
|-----------------------------------------------|---------------------------------------|--------|

**TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934**

| For                the transition period from |   | to |   |
|-----------------------------------------------|--------|----|--------|

| Commission                File Number: | **0-14294** |   |
|----------------------------------------|-------------|--------|

| **Greater                Community Bancorp**                                         |
|--------------------------------------------------------------------------------------|
| (Exact                name of registrant as specified in its                charter) |

| **New                Jersey**                                                 | **22-2545165**                                      |
|-------------------------------------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (I.R.S.                Employer Identification No.) |
|                                                                          |                                                |
|                                                                          |                                                |
| **55                Union Boulevard, Totowa, New Jersey**                     | **07512**                                           |
| (Address                of principal executive offices)                       | (Zip                Code)                           |

| **(973)                942-1111**                                                                                |
|------------------------------------------------------------------------------------------------------------------|
| (Registrant's                telephone number, including area code)                                              |
|                                                                                                             |
|                                                                                                             |
| (Former                name, former address and former fiscal year, if changed since last                report) |

| Large                accelerated filer o | Accelerated                Filer ý | Non-accelerated                filer o |
|------------------------------------------|-----------------------------------------|----------------------------------------|

----

**TABLE        OF CONTENTS**

|                                                                                                                                                                           |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                           |   |
|                                                                                                                                                                           |   |
|                                                                                                                                                                           | PAGE   |
| **PART                  I - FINANCIAL INFORMATION**                                                                                                                            |   |
|                                                                                                                                                                           |   |
| Item                  1. Financial Statements                                                                                                                                  |   |
|                                                                                                                                                                           |   |
| Consolidated                  Balance Sheets at September 30, 2006                  (unaudited) and December 31, 2005                                                          | 1      |
|                                                                                                                                                                           |   |
| Consolidated                  Statements of Income (unaudited), Three and nine                  months ended September 30, 2006 and 2005                                       | 2      |
|                                                                                                                                                                           |   |
| Consolidated                  Statements of Changes in Shareholders’ Equity                  (unaudited), Nine months ended September 30, 2006 and                  2005 | 3      |
|                                                                                                                                                                           |   |
| Consolidated                  Statements of Cash Flows (unaudited), Nine                  months ended September 30, 2006 and 2005                                             | 4      |
|                                                                                                                                                                           |   |
| Notes                  to Consolidated Financial Statements                  (unaudited)                                                                                       | 5      |
|                                                                                                                                                                           |   |
| Item                  2. Management’s Discussion and Analysis of Financial                  Condition and Results of Operations                                          | 11     |
|                                                                                                                                                                           |   |
| Item                  3. Quantitative and Qualitative Disclosures About                  Market Risk                                                                           | 18     |
|                                                                                                                                                                           |   |
| Item                  4. Controls and Procedures                                                                                                                               | 18     |
|                                                                                                                                                                           |   |
|                                                                                                                                                                           |   |
| **PART                  II - OTHER INFORMATION**                                                                                                                               |   |
|                                                                                                                                                                           |   |
| Items                  1 through 6                                                                                                                                             | 18     |
|                                                                                                                                                                           |   |
| Signatures                                                                                                                                                                     | 20     |
|                                                                                                                                                                           |   |
| Exhibit                  Index                                                                                                                                                 | E-1    |
|                                                                                                                                                                           |   |

----

**PART        I - FINANCIAL INFORMATION**

**Item        1. Financial Statements. **

**GREATER        COMMUNITY BANCORP AND SUBSIDIARIES**

**CONSOLIDATED        BALANCE SHEETS**

(in        thousands, except share data)

|                                                                                                                                                     |   | (unaudited)                    |    |                          |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|---------|-------------------------------|--------|
|                                                                                                                                                     |   | September                  30, |    | December                  31, |   |
|                                                                                                                                                     |   | 2006                           |    | 2005                          |   |
| **ASSETS**                                                                                                                                               |   |                           |    |                          |   |
| CASH                  AND DUE FROM BANKS - Non interest-bearing                                                                                          |   | $                              | 20,968  |                          | $      | 23,577 |   |
| FEDERAL                  FUNDS SOLD                                                                                                                      |   |                           | 12,000  |                          |   | 42,000 |   |
| Total                  cash and cash equivalents                                                                                                         |   |                           | 32,968  |                          |   | 65,577 |   |
| DUE                  FROM BANKS - Interest-bearing                                                                                                       |   |                           | 6,965   |                          |   | 11,600 |   |
| INVESTMENT                  SECURITIES - Available-for-sale                                                                                              |   |                           | 67,810  |                          |   | 83,977 |   |
| INVESTMENT                  SECURITIES - Held-to-maturity (aggregate fair values of                                                                      |   |                           |         |                          |   |  |   |
| $47,011                  and $49,685 at September 30, 2006 and December 31, 2005,                  respectively)                                         |   |                           | 47,303  |                          |   | 50,220 |   |
| Total                  investment securities                                                                                                             |   |                           | 115,113 |                          |   | 134,197 |   |
| LOANS                  AND LEASES, net of unearned income                                                                                                |   |                           | 699,532 |                          |   | 670,391 |   |
| Less:                  Allowance for loan and lease losses                                                                                               |   |                           | (9,828  | )                             |   | (9,478 | ) |
| Net                  loans and leases                                                                                                                    |   |                           | 689,704 |                          |   | 660,913 |   |
| PREMISES                  AND EQUIPMENT, net                                                                                                             |   |                           | 10,178  |                          |   | 10,341 |   |
| ACCRUED                  INTEREST RECEIVABLE                                                                                                             |   |                           | 4,321   |                          |   | 3,894 |   |
| OTHER                  REAL ESTATE OWNED                                                                                                                 |   |                           | 549     |                          |   | 549 |   |
| BANK-OWNED                  LIFE INSURANCE                                                                                                               |   |                           | 15,357  |                          |   | 15,005 |   |
| GOODWILL                                                                                                                                                 |   |                           | 11,574  |                          |   | 11,574 |   |
| OTHER                  ASSETS                                                                                                                            |   |                           | 12,241  |                          |   | 12,148 |   |
| TOTAL                  ASSETS                                                                                                                            |   | $                              | 898,970 |                          | $      | 925,798 |   |
|                                                                                                                                                     |   |                           |         |                          |   |  |   |
| **LIABILITIES                  AND SHAREHOLDERS' EQUITY**                                                                                                |   |                           |         |                          |   |  |   |
| DEPOSITS:                                                                                                                                                |   |                           |         |                          |   |  |   |
| Non                  interest-bearing                                                                                                                    |   | $                              | 157,387 |                          | $      | 177,907 |   |
| Interest-bearing                  checking                                                                                                               |   |                           | 88,233  |                          |   | 94,255 |   |
| Money                  market                                                                                                                            |   |                           | 184,454 |                          |   | 165,469 |   |
| Savings                                                                                                                                                  |   |                           | 71,083  |                          |   | 85,275 |   |
| Time                  deposits less than $100                                                                                                            |   |                           | 124,848 |                          |   | 150,578 |   |
| Time                  deposits $100 and over                                                                                                             |   |                           | 81,769  |                          |   | 62,596 |   |
| Total                  deposits                                                                                                                          |   |                           | 707,774 |                          |   | 736,080 |   |
| SECURITIES                  SOLD UNDER AGREEMENTS TO REPURCHASE                                                                                          |   |                           | 10,175  |                          |   | 9,126 |   |
| FHLB                  ADVANCES                                                                                                                           |   |                           | 75,000  |                          |   | 80,000 |   |
| SUBORDINATED                  DEBENTURES                                                                                                                 |   |                           | 24,743  |                          |   | 24,743 |   |
| ACCRUED                  INTEREST PAYABLE                                                                                                                |   |                           | 3,978   |                          |   | 2,420 |   |
| OTHER                  LIABILITIES                                                                                                                       |   |                           | 8,143   |                          |   | 8,888 |   |
| Total                  liabilities                                                                                                                       |   |                           | 829,813 |                          |   | 861,257 |   |
| SHAREHOLDERS'                  EQUITY:                                                                                                                   |   |                           |    |                          |   |  |   |
| Common                  stock, par value $0.50 per share: 20,000,000 shares authorized,                  8,352,696                  and                  |   |                           |         |                          |   |  |   |
| 7,988,182                  shares outstanding at September 30, 2006 and December 31, 2005,                  respectively                                 |   |                           | 4,176   |                          |   | 3,994 |   |
| Additional                  paid-in capital                                                                                                              |   |                           | 57,581  |                          |   | 53,907 |   |
| Retained                  earnings                                                                                                                       |   |                           | 6,564   |                          |   | 6,216 |   |
| Accumulated                  other comprehensive income                                                                                                  |   |                           | 836     |                          |   | 424 |   |
| Total                  shareholders' equity                                                                                                              |   |                           | 69,157  |                          |   | 64,541 |   |
| TOTAL                  LIABILITIES AND SHAREHOLDERS' EQUITY                                                                                              |   | $                              | 898,970 |                          | $      | 925,798 |   |
|                                                                                                                                                     |   |                           |         |                          |   |  |   |
|                                                                                                                                                     |   |                           |    |                          |   |   |   |
| The                  accompanying notes to consolidated financial statements are an                  integral                  part of these statements. |

*Table            of Contents*

----

**GREATER        COMMUNITY BANCORP AND SUBSIDIARIES**

**CONSOLIDATED        STATEMENTS OF INCOME**

(in        thousands, except per share data, unaudited)

|                                                                                                                                                     |   | Three                  Months Ended |   | Nine                  Months Ended |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------|--------|------------------------------------|--------|
|                                                                                                                                                     |   | September                  30,      |   | September                  30,     |   |
|                                                                                                                                                     |   | 2006                                |   | 2005                               |   | 2006 |   | 2005 |   |
| INTEREST                  INCOME:                                                                                                                        |   |                                |   |                               |   |  |   |   |   |   |   |  |   |
| Loans                  and leases                                                                                                                        |   | $                                   | 12,245 |                               | $      | 11,029 |   | $ | 35,704 |   | $ | 30,860 |   |
| Investment                  securities                                                                                                                   |   |                                | 1,353  |                               |   | 1,393 |   |   | 4,109 |   |   | 4,133 |   |
| Federal                  funds sold and deposits with banks                                                                                              |   |                                | 257    |                               |   | 284 |   |   | 753 |   |   | 633 |   |
| Total                  interest income                                                                                                                   |   |                                | 13,855 |                               |   | 12,706 |   |   | 40,566 |   |   | 35,626 |   |
|                                                                                                                                                     |   |                                |   |                               |   |  |   |   |   |   |   |  |   |
| INTEREST                  EXPENSE:                                                                                                                       |   |                                |   |                               |   |  |   |   |   |   |   |  |   |
| Deposits                                                                                                                                                 |   |                                | 4,526  |                               |   | 2,709 |   |   | 11,743 |   |   | 6,922 |   |
| Short-term                  borrowings                                                                                                                   |   |                                | 1,060  |                               |   | 1,166 |   |   | 3,191 |   |   | 3,502 |   |
| Long-term                  borrowings                                                                                                                    |   |                                | 507    |                               |   | 507 |   |   | 1,521 |   |   | 1,521 |   |
| Total                  interest expense                                                                                                                  |   |                                | 6,093  |                               |   | 4,382 |   |   | 16,455 |   |   | 11,945 |   |
|                                                                                                                                                     |   |                                |   |                               |   |  |   |   |   |   |   |  |   |
| NET                  INTEREST INCOME                                                                                                                     |   |                                | 7,762  |                               |   | 8,324 |   |   | 24,111 |   |   | 23,681 |   |
|                                                                                                                                                     |   |                                |   |                               |   |  |   |   |   |   |   |  |   |
| PROVISION                  FOR LOAN AND LEASE LOSSES                                                                                                     |   |                                | 177    |                               |   | 260 |   |   | 491 |   |   | 700 |   |
| Net                  interest income after provision for loan and lease losses                                                                           |   |                                | 7,585  |                               |   | 8,064 |   |   | 23,620 |   |   | 22,981 |   |
|                                                                                                                                                     |   |                                |   |                               |   |  |   |   |   |   |   |  |   |
| NON-INTEREST                  INCOME:                                                                                                                    |   |                                |   |                               |   |  |   |   |   |   |   |  |   |
| Service                  charges on deposit accounts                                                                                                     |   |                                | 686    |                               |   | 742 |   |   | 2,103 |   |   | 2,203 |   |
| Commissions                  and fees                                                                                                                    |   |                                | 305    |                               |   | 380 |   |   | 907 |   |   | 1,124 |   |
| Loan                  fee income                                                                                                                         |   |                                | 223    |                               |   | 114 |   |   | 505 |   |   | 383 |   |
| Gain                  on sale of investment securities                                                                                                   |   |                                | 137    |                               |   | - |   |   | 165 |   |   | 640 |   |
| Bank-owned                  life insurance                                                                                                               |   |                                | 117    |                               |   | 120 |   |   | 352 |   |   | 380 |   |
| All                  other income                                                                                                                        |   |                                | 146    |                               |   | 23 |   |   | 454 |   |   | 92 |   |
| Total                  non-interest income                                                                                                               |   |                                | 1,614  |                               |   | 1,379 |   |   | 4,486 |   |   | 4,822 |   |
|                                                                                                                                                     |   |                                |   |                               |   |  |   |   |   |   |   |  |   |
| NON-INTEREST                  EXPENSE:                                                                                                                   |   |                                |   |                               |   |  |   |   |   |   |   |  |   |
| Salaries                  and employee benefits                                                                                                          |   |                                | 3,204  |                               |   | 3,380 |   |   | 10,512 |   |   | 10,154 |   |
| Occupancy                  and equipment                                                                                                                 |   |                                | 907    |                               |   | 941 |   |   | 2,742 |   |   | 2,814 |   |
| Regulatory,                  professional and other fees                                                                                                 |   |                                | 503    |                               |   | 601 |   |   | 1,613 |   |   | 1,787 |   |
| Computer                  services                                                                                                                       |   |                                | 201    |                               |   | 251 |   |   | 644 |   |   | 707 |   |
| Office                  expenses                                                                                                                         |   |                                | 252    |                               |   | 288 |   |   | 781 |   |   | 881 |   |
| Other                  operating expenses                                                                                                                |   |                                | 566    |                               |   | 592 |   |   | 1,520 |   |   | 1,603 |   |
| Total                  non-interest expense                                                                                                              |   |                                | 5,633  |                               |   | 6,053 |   |   | 17,812 |   |   | 17,946 |   |
|                                                                                                                                                     |   |                                |   |                               |   |   |   |   |   |   |   |   |   |
| INCOME                  BEFORE PROVISION FOR INCOME TAXES                                                                                                |   |                                | 3,566  |                               |   | 3,390 |   |   | 10,294 |   |   | 9,857 |   |
| PROVISION                  FOR INCOME TAXES                                                                                                              |   |                                | 1,164  |                               |   | 1,122 |   |   | 3,316 |   |   | 3,215 |   |
|                                                                                                                                                     |   |                                |   |                               |   |   |   |   |   |   |   |  |   |
| NET                  INCOME                                                                                                                              |   | $                                   | 2,402  |                               | $      | 2,268 |   | $ | 6,978 |   | $ | 6,642 |   |
|                                                                                                                                                     |   |                                |   |                               |   |   |   |   |   |   |   |   |   |
| Weighted                  average shares outstanding - Basic                                                                                             |   |                                | 8,351  |                               |   | 8,088 |   |   | 8,332 |   |   | 8,028 |   |
| Weighted                  average shares outstanding - Diluted                                                                                           |   |                                | 8,383  |                               |   | 8,265 |   |   | 8,365 |   |   | 8,206 |   |
|                                                                                                                                                     |   |                                |   |                               |   |   |   |   |   |   |   |   |   |
| Earnings                  per share - Basic                                                                                                              |   | $                                   | 0.29   |                               | $      | 0.28 |   | $ | 0.84 |   | $ | 0.83 |   |
| Earnings                  per share - Diluted                                                                                                            |   | $                                   | 0.29   |                               | $      | 0.27 |   | $ | 0.83 |   | $ | 0.81 |   |
|                                                                                                                                                     |   |                                |   |                               |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                     |   |                                |   |                               |   |   |   |   |   |   |   |   |   |
| The                  accompanying notes to consolidated financial statements are an                  integral                  part of these statements. |

*Table            of Contents*

----

**GREATER        COMMUNITY BANCORP AND SUBSIDIARIES**

**CONSOLIDATED        STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY**

(in        thousands, unaudited)

|                                                                                                                                                     |   | CommonStock |         | AdditionalPaid-inCapital |   | RetainedEarnings |   | AccumulatedOtherComprehensiveIncome                  (Loss) |   | ComprehensiveIncome                  (Loss) |   | TotalShareholders'                  Equity |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|--------------|--------------------------|--------|------------------|--------|-------------------------------------------------------------|--------|---------------------------------------------|--------|--------------------------------------------|--------|
|                                                                                                                                                     |   |        |         |                     |   |             |   |                                                        |   |                                        |   |
| Nine                  Months Ended September 30, 2006                                                                                                    |   |        |         |                     |   |             |   |                                                        |   |                                        |   |
|                                                                                                                                                     |   |        |         |                     |   |             |   |                                                        |   |                                        |   |                                       |   |
| BALANCE:                  January 1, 2006                                                                                                                |   | $           | 3,994        |                     | $      | 53,907           |   | $                                                           | 6,216  |                                        | $      | 424                                        |   |   |  |   | $ | 64,541 |   |
| Net                  income                                                                                                                              |   |        | -            |                     |   | -                |   |                                                        | 6,978  |                                        |   | -                                          |   | $ | 6,978 |   |   | 6,978 |   |
| Exercise                  of stock options                                                                                                               |   |        | 70           |                     |   | 234              |   |                                                        | -      |                                        |   | -                                          |   |   |  |   |   | 304 |   |
| Issuance                  of common stock                                                                                                                |   |        | 11           |                     |   | 320              |   |                                                        | -      |                                        |   | -                                          |   |   |  |   |   | 331 |   |
| Stock-based                  compensation                                                                                                                |   |        | -            |                     |   | 2                |   |                                                        | -      |                                        |   | -                                          |   |   |   |   |   | 2 |   |
| Cash                  dividends, $0.41 per share                                                                                                         |   |        | -            |                     |   | -                |   |                                                        | (3,411 | )                                           |   | -                                          |   |   |  |   |   | (3,411 | ) |
| 2.5%                  stock dividend                                                                                                                     |   |        | 101          |                     |   | 3,118            |   |                                                        | (3,219 | )                                           |   | -                                          |   |   |   |   |   | - |   |
| Other                  comprehensive income, net                                                                                                         |   |        |              |                     |   |                  |   |                                                        |        |                                        |   |                                            |   |   |  |   |   |  |   |
| of                  reclassification adjustments                                                                                                         |   |        |         |                     |   |             |   |                                                        |   |                                        |   |                                       |   |   |   |   |   |   |   |
| and                  net of tax expense of $78                                                                                                           |   |        | -            |                     |   | -                |   |                                                        | -      |                                        |   | 412                                        |   |   | 412 |   |   | 412 |   |
| Total                  comprehensive income                                                                                                              |   |        |    |                     |   |        |   |                                                        |   |                                        |   |                             |   | $ | 7,390 |   |   |    |   |
| BALANCE:                  September 30, 2006                                                                                                             |   | $           | 4,176        |                     | $      | 57,581           |   | $                                                           | 6,564  |                                        | $      | 836                                        |   |   |  |   | $ | 69,157 |   |
|                                                                                                                                                     |   |        |              |                     |   |                  |   |                                                        |        |                                        |   |                                            |   |   |  |   |   |  |   |
|                                                                                                                                                     |   |        |              |                     |   |                  |   |                                                        |        |                                        |   |                                            |   |   |  |   |   |  |   |
| Nine                  Months Ended September 30, 2005                                                                                                    |   |             |         |                     |        |             |   |                                                             |   |                                        |        |                                       |   |  |   |
|                                                                                                                                                     |   |        |              |                     |   |                  |   |                                                        |        |                                        |   |                                            |   |   |  |   |   |  |   |
| BALANCE:                  January 1, 2005                                                                                                                |   | $           | 3,785        |                     | $      | 48,538           |   | $                                                           | 4,475  |                                        | $      | 1,817                                      |   |   |  |   | $ | 58,615 |   |
| Net                  income                                                                                                                              |   |        | -            |                     |   | -                |   |                                                        | 6,642  |                                        |   | -                                          |   | $ | 6,642 |   |   | 6,642 |   |
| Exercise                  of stock options                                                                                                               |   |        | 72           |                     |   | 763              |   |                                                        | -      |                                        |   | -                                          |   |   |  |   |   | 835 |   |
| Issuance                  of common stock                                                                                                                |   |        | 20           |                     |   | 644              |   |                                                        | -      |                                        |   | -                                          |   |   |  |   |   | 664 |   |
| Cash                  dividends, $0.38 per share                                                                                                         |   |        | -            |                     |   | -                |   |                                                        | (2,969 | )                                           |   | -                                          |   |   |  |   |   | (2,969 | ) |
| 2.5%                  stock dividend                                                                                                                     |   |        | 96           |                     |   | 3,009            |   |                                                        | (3,105 | )                                           |   | -                                          |   |   |  |   |   | - |   |
| Other                  comprehensive (loss), net of                                                                                                      |   |        |         |                     |   |             |   |                                                        |   |                                        |   |                                       |   |   |   |   |   |   |   |
| reclassification                  adjustments                                                                                                            |   |        |              |                     |   |                  |   |                                                        |        |                                        |   |                                            |   |   |  |   |   |  |   |
| and                  net of tax benefit of $948                                                                                                          |   |        | -            |                     |   | -                |   |                                                        | -      |                                        |   | (1,075                                     | )      |   | (1,075 | ) |   | (1,075 | ) |
| Total                  comprehensive income                                                                                                              |   |        |         |                     |   |             |   |                                                        |   |                                        |   |                                       |   | $ | 5,567 |   |   |   |   |
| BALANCE:                  September 30, 2005                                                                                                             |   | $           | 3,973        |                     | $      | 52,954           |   | $                                                           | 5,043  |                                        | $      | 742                                        |   |   |  |   | $ | 62,712 |   |
|                                                                                                                                                     |   |        |              |                     |   |                  |   |                                                        |        |                                        |   |                                            |   |   |  |   |   |  |   |
|                                                                                                                                                     |   |        |              |                     |   |                  |   |                                                        |        |                                        |   |                                            |   |   |  |   |   |  |   |
|                                                                                                                                                     |   |        |         |                     |   |             |   |                                                        |   |                                        |   |                                       |   |   |   |   |   |   |   |
|                                                                                                                                                     |   |        |         |                     |   |             |   |                                                        |   |                                        |   |                                       |   |   |   |   |   |   |   |
| The                  accompanying notes to consolidated financial statements are an                  integral                  part of these statements. |

*Table            of Contents*

----

|   |   |   |   |   |   |   |
|--------|--------|--------|--------|--------|--------|--------|
|   |   |   |   |   |   |   |

**GREATER        COMMUNITY BANCORP AND SUBSIDIARIES**

**CONSOLIDATED        STATEMENTS OF CASH FLOWS**

(in        thousands, unaudited)

|                                                                                                                                                     |   | Nine                  Months Ended |    |
|----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|---------|
|                                                                                                                                                     |   | September                  30,     |    |
|                                                                                                                                                     |   | 2006                               |    | 2005 |   |
| CASH                  FLOWS FROM OPERATING ACTIVITIES:                                                                                                   |   |                               |    |   |   |   |   |
|                                                                                                                                                     |   |                               |    |   |   |   |   |
| Net                  income                                                                                                                              |   | $                                  | 6,978   |   | $ | 6,642 |   |
| Adjustments                  to reconcile net income to net cash provided by operating                  activities:                                      |   |                               |    |
| Depreciation                  and amortization                                                                                                           |   |                               | 797     |   |   | 923 |   |
| Amortization                  of premium (accretion of discount) on securities, net                                                                      |   |                               | (24     | ) |   | 130 |   |
| Provision                  for loan and lease losses                                                                                                     |   |                               | 491     |   |   | 700 |   |
| (Gain)                  on sale of securities, net                                                                                                       |   |                               | (165    | ) |   | (640 | ) |
| Stock-based                  compensation                                                                                                                |   |                               | 2       |   |   | - |   |
| Recognized                  loss on impaired securities                                                                                                  |   |                               | 23      |   |   | - |   |
| (Increase)                  in accrued interest receivable                                                                                               |   |                               | (427    | ) |   | (1,112 | ) |
| (Increase)                  in bank-owned life insurance and other assets                                                                                |   |                               | (521    | ) |   | (443 | ) |
| Increase                  in accrued expenses and other liabilities                                                                                      |   |                               | 813     |   |   | 4,890 |   |
| Net                  cash provided by operating activities                                                                                               |   |                               | 7,967   |   |   | 11,090 |   |
|                                                                                                                                                     |   |                               |    |   |   |   |   |
| CASH                  FLOWS FROM INVESTING ACTIVITIES:                                                                                                   |   |                               |    |   |   |   |   |
|                                                                                                                                                     |   |                               |    |   |   |   |   |
| Available-for-sale                  investment securities                                                                                                |   |                               |    |   |   |   |   |
| Purchases                                                                                                                                                |   |                               | (1,547  | ) |   | (999 | ) |
| Sales                                                                                                                                                    |   |                               | 228     |   |   | 1,572 |   |
| Maturities                  and principal paydowns                                                                                                       |   |                               | 18,040  |   |   | 20,419 |   |
| Held-to-maturity                  investment securities                                                                                                  |   |                               |    |   |   |  |   |
| Purchases                                                                                                                                                |   |                               | (6,883  | ) |   | (24,206 | ) |
| Maturities                  and principal paydowns                                                                                                       |   |                               | 9,900   |   |   | 978 |   |
| Net                  (increase) decrease in interest-bearing deposits with                  banks                                                        |   |                               | 4,635   |   |   | (4,372 | ) |
| Net                  (increase) in loans and leases                                                                                                      |   |                               | (29,282 | ) |   | (45,897 | ) |
| Capital                  expenditures                                                                                                                    |   |                               | (634    | ) |   | (1,302 | ) |
| Net                  cash (used in) investing activities                                                                                                 |   |                               | (5,543  | ) |   | (53,807 | ) |
|                                                                                                                                                     |   |                               |    |   |   |   |   |
| CASH                  FLOW FROM FINANCING ACTIVITIES:                                                                                                    |   |                               |    |   |   |   |   |
|                                                                                                                                                     |   |                               |    |   |   |   |   |
| Net                  increase (decrease) in deposit accounts                                                                                             |   |                               | (28,306 | ) |   | 119,637 |   |
| (Decrease)                  in federal funds purchased                                                                                                   |   |                               | -       |   |   | (40,000 | ) |
| Increase                  in securities sold under agreements to repurchase                                                                              |   |                               | 1,049   |   |   | 3,654 |   |
| (Decrease)                  in FHLB advances                                                                                                             |   |                               | (5,000  | ) |   | - |   |
| Dividends                  paid to common shareholders                                                                                                   |   |                               | (3,411  | ) |   | (2,845 | ) |
| Proceeds                  from exercise of stock options                                                                                                 |   |                               | 304     |   |   | 835 |   |
| Proceeds                  from issuance of common stock                                                                                                  |   |                               | 331     |   |   | 664 |   |
| Net                  cash provided by (used in) financing activities                                                                                     |   |                               | (35,033 | ) |   | 81,945 |   |
|                                                                                                                                                     |   |                               |    |   |   |  |   |
| NET                  INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                                                                                    |   | $                                  | (32,609 | ) | $ | 39,228 |   |
|                                                                                                                                                     |   |                               |    |   |   |  |   |
| CASH                  AND CASH EQUIVALENTS, beginning of period                                                                                          |   |                               | 65,577  |   |   | 32,322 |   |
|                                                                                                                                                     |   |                               |    |   |   |  |   |
| CASH                  AND CASH EQUIVALENTS, end of period                                                                                                |   | $                                  | 32,968  |   | $ | 71,550 |   |
|                                                                                                                                                     |   |                               |    |   |   |   |   |
|                                                                                                                                                     |   |                               |    |   |   |   |   |
|                                                                                                                                                     |   |                               |    |   |   |   |   |
| The                  accompanying notes to consolidated financial statements are an                  integral                  part of these statements. |

*Table            of Contents*

----

**NOTES        TO CONSOLIDATED FINANCIAL STATEMENTS**

(Unaudited)

**1.        Basis of Presentation**

**2.        Dividends**

**3.        Earnings Per Share (EPS)**

| (in                  thousands, except per share data)                                                 |   | Three                  Months Ended September 30, 2006 |   |
|--------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------|--------|
|                                                                                                   |   |                                                   |   | Weighted |   |   |   |
|                                                                                                   |   | Income                                                 |   | Average                  Shares |   | Per                  Share |   |
|                                                                                                   |   | (Numerator)                                            |   | (Denominator) |   | Amount |   |
| **Basic                  EPS**                                                                         |   |                                                   |        |   |   |  |   |   |  |   |
| Net                  income available to common stockholders                                           |   | $                                                      | 2,402  |   |   | 8,351 |   | $ | 0.29 |   |
| **Effect                  of Dilutive Securities**                                                     |   |                                                   |        |   |   |  |   |   |  |   |
| Stock                  options                                                                         |   |                                                   | -      |   |   | 32 |   |   | - |   |
| **Diluted                  EPS**                                                                       |   |                                                   |        |   |   |  |   |   |  |   |
| Net                  income available to common stockholders plus assumed                  conversions |   | $                                                      | 2,402  |   |   | 8,383 |   | $ | 0.29 |   |

| (in                  thousands, except per share data)                                                 |   | Three                  Months Ended September 30, 2005 |   |
|--------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------|--------|
|                                                                                                   |   |                                                   |   | Weighted |   |   |   |
|                                                                                                   |   | Income                                                 |   | Average                  Shares |   | Per                  Share |   |
|                                                                                                   |   | (Numerator)                                            |   | (Denominator) |   | Amount |   |
| **Basic                  EPS**                                                                         |   |                                                   |        |   |   |  |   |   |  |   |
| Net                  income available to common stockholders                                           |   | $                                                      | 2,268  |   |   | 8,088 |   | $ | 0.28 |   |
| **Effect                  of Dilutive Securities**                                                     |   |                                                   |        |   |   |  |   |   |  |   |
| Stock                  options                                                                         |   |                                                   | -      |   |   | 177 |   |   | (0.01 | ) |
| **Diluted                  EPS**                                                                       |   |                                                   |        |   |   |  |   |   |  |   |
| Net                  income available to common stockholders plus assumed                  conversions |   | $                                                      | 2,268  |   |   | 8,265 |   | $ | 0.27 |   |

*Table              of Contents*

----

| (in                  thousands, except per share data)                                                 |   | Nine                  Months Ended September 30, 2006 |   |
|--------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------|--------|
|                                                                                                   |   |                                                  |   | Weighted |   |   |   |
|                                                                                                   |   | Income                                                |   | Average                  Shares |   | Per                  Share |   |
|                                                                                                   |   | (Numerator)                                           |   | (Denominator) |   | Amount |   |
| **Basic                  EPS**                                                                         |   |                                                  |        |   |   |  |   |   |  |   |
| Net                  income available to common stockholders                                           |   | $                                                     | 6,978  |   |   | 8,332 |   | $ | 0.84 |   |
| **Effect                  of Dilutive Securities**                                                     |   |                                                  |        |   |   |  |   |   |  |   |
| Stock                  options                                                                         |   |                                                  | -      |   |   | 33 |   |   | (0.01 | ) |
| **Diluted                  EPS**                                                                       |   |                                                  |        |   |   |  |   |   |  |   |
| Net                  income available to common stockholders plus assumed                  conversions |   | $                                                     | 6,978  |   |   | 8,365 |   | $ | 0.83 |   |
|                                                                                                   |   |                                                  |
|                                                                                                   |   |                                                  |

| (in                    thousands, except per share data)                                                   |   | Nine                    Months Ended September 30, 2005 |   |
|------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------|--------|
|                                                                                                       |   |                                                    |   | Weighted |   |   |   |
|                                                                                                       |   | Income                                                  |   | Average                    Shares |   | Per                    Share |   |
|                                                                                                       |   | (Numerator)                                             |   | (Denominator) |   | Amount |   |
| **Basic                    EPS**                                                                           |   |                                                    |        |   |   |  |   |   |  |   |
| Net                    income available to common stockholders                                             |   | $                                                       | 6,642  |   |   | 8,028 |   | $ | 0.83 |   |
| **Effect                    of Dilutive Securities**                                                       |   |                                                    |        |   |   |  |   |   |  |   |
| Stock                    options                                                                           |   |                                                    | -      |   |   | 178 |   |   | (0.02 | ) |
| **Diluted                    EPS**                                                                         |   |                                                    |        |   |   |  |   |   |  |   |
| Net                    income available to common stockholders plus assumed                    conversions |   | $                                                       | 6,642  |   |   | 8,206 |   | $ | 0.81 |   |

**4.**
**Stock-Based        Compensation**

|   | § | 1996                  Stock Option Plan for Nonemployee Directors (the “1996 Directors                  Plan”) |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------|

|   | § | 1996                  Employee Stock Option Plan (the “1996 Employee                  Plan”) |
|--------|--------|----------------------------------------------------------------------------------------------------------|

|   | § | 2001                  Stock Option Plan for Nonemployee Directors (the “2001 Directors                  Plan”) |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------|

|   | § | 2001                  Employee Stock Option Plan (the “2001 Employee                  Plan”) |
|--------|--------|----------------------------------------------------------------------------------------------------------|

|   | § | 2006                  Long-Term Stock Compensation Plan (the “2006                  Plan”) |
|--------|--------|--------------------------------------------------------------------------------------------------------|

|                                 |   |   AuthorizedStockOption                  Awards |    |   AuthorizedRestrictedStock                  Awards |   |     Total |   |  CumulativeGranted,Net                  ofCancellations                  (1) |      |   AwardsAvailable                  forGrant |   |
|--------------------------------------|--------|-----------------------------------------------------------|---------|---------------------------------------------------------------|--------|-------------------------------|--------|-----------------------------------------------------------------------------------|-----------|-------------------------------------------------------|--------|
| 1996                  Directors Plan |   |                                                      | 308,455 |                                                          |   | -                             |   |                                                                              | 308,455   |                                                  |   | 306,074 |   |   | - |   |
| 1996                  Employee Plan  |   |                                                      | 649,379 |                                                          |   | -                             |   |                                                                              | 649,379   |                                                  |   | 573,878 |   |   | - |   |
| 2001                  Directors Plan |   |                                                      | 68,149  |                                                          |   | -                             |   |                                                                              | 68,149    |                                                  |   | 61,290 |   |   | - |   |
| 2001                  Employee Plan  |   |                                                      | 365,086 |                                                          |   | -                             |   |                                                                              | 365,086   |                                                  |   | 238,637 |   |   | - |   |
| 2006                  Plan           |   |                                                      | 410,000 |                                                          |   | 102,500                       |   |                                                                              | 410,000(2 | )                                                     |   | 10,000 |   |   | 400,000 |   |

| (1)                  Non-qualified options.                                                                                                                                                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2)                  The                  Company may award up to a total of 410,000 shares of which a maximum                  of                  102,500 shares may be in restricted stock awards. |
|                                                                                                                                                                                                  |

*Table            of Contents*

----

*Accounting        for Stock Issued to Employees*
*Accounting        for Stock-Based Compensation*
*Accounting        for Certain Transactions Involving Stock Compensation*

*Share-Based        Payment*

|   | § | Expected                  dividend yield is an annualized rate calculated using the most                  recent                  declared dividend at time of grant and the Company’s average trailing                  twelve-month adjusted daily stock price at date of                  grant. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | § | Expected                  volatility is based on the standard deviation of the historical                  volatility                  of the daily adjusted closing price of the Company’s shares for a period                  equivalent to the expected life of the                  option. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | § | The                  risk-free interest rate is based on the U.S. Treasury yield curve                  in                  effect at the time of grant for a period equivalent to the expected                  life                  of the option. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | § | Expected                  life represents the period of time that the option is expected                  to be                  outstanding, taking into account the contractual term, vesting                  period and                  historical exercise/forfeiture behavior, if                  any. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*Table            of Contents*

----

| (in                  thousands, except per share data)    |   | Three                  Months Ended September 30, 2006 |   | Nine                  Months Ended September 30, 2006 |   |
|-----------------------------------------------------------|--------|--------------------------------------------------------|--------|-------------------------------------------------------|--------|
|                                                      |   | Under                                                  |   |                                                  |   |   |   | Under |   |   |   |   |   |
|                                                      |   | SFAS                                                   |   | Under                                                 |   |   |   | SFAS |   | Under |   |   |   |
|                                                      |   | 123(R)                                                 |   | APB                  25                               |   | Difference |   | 123(R) |   | APB                  25 |   | Difference |   |
| Income                  before provision for income taxes |   | $                                                      | 3,566  |                                                  | $      | 3,568 |   |   | ($2 | ) | $ | 10,294 |   | $ | 10,296 |   |   | ($2 | ) |
| Net                  income                               |   | $                                                      | 2,402  |                                                  | $      | 2,403 |   |   | ($1 | ) | $ | 6,978 |   | $ | 6,979 |   |   | ($1 | ) |
|                                                      |   |                                                   |        |                                                  |   |  |   |   |  |   |   |  |   |   |  |   |   |  |   |
| Earnings                  per share - basic               |   | $                                                      | 0.29   |                                                  | $      | 0.29 |   | $ | 0.00 |   | $ | 0.84 |   | $ | 0.84 |   | $ | 0.00 |   |
| Earnings                  per share - diluted             |   | $                                                      | 0.29   |                                                  | $      | 0.29 |   | $ | 0.00 |   | $ | 0.83 |   | $ | 0.83 |   | $ | 0.00 |   |

| (in                  thousands, except per share data)                       |   |   |                                   | Three                  Months EndedSeptember                  30, 2005 |   | Nine                  Months EndedSeptember                  30, 2005 |   |
|------------------------------------------------------------------------------|--------|--------|----------------------------------------|------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|--------|
| Net                  income                                                  |   |   | As                  reported           |                                                                   | $      | 2,268                                                                 |   | $ | 6,642 |   |
| Less:                    stock-based compensation costs determined |   |   |                                   |                                                                   |   |                                                                  |   |   |   |   |
| under                  fair value-based method for all awards                |   |   |                                   |                                                                   |   | (73                                                                   | )      |   | (221 | ) |
|                                                                         |   |   | Pro                  forma   |                                                                   | $      | 2,195                                                                 |   | $ | 6,421 |   |
|                                                                         |   |   |                                        |                                                                   |   |                                                                  |   |   |   |   |
| Earnings                  per share - basic                                  |   |   | As                  reported           |                                                                   | $      | 0.28                                                                  |   | $ | 0.83 |   |
|                                                                         |   |   | Pro                  forma        |                                                                   |   | 0.27                                                                  |   |   | 0.80 |   |
| Earnings                  per share - diluted                                |   |   | As                  reported           |                                                                   |   | 0.27                                                                  |   |   | 0.81 |   |
|                                                                         |   |   | Pro                  forma        |                                                                   |   | 0.27                                                                  |   |   | 0.78 |   |

|                                               |   | Numberof                  Shares |     | WeightedAverageExercisePrice |   | WeightedAverageRemainingContractualLife                  (years) |   | AggregateIntrinsicValue |   |
|----------------------------------------------------|--------|----------------------------------|----------|------------------------------|--------|------------------------------------------------------------------|--------|-------------------------|--------|
| Outstanding                  at January 1, 2006    |   |                             | 374,840  |                         | $      | 9.35                                                             |   |                    |   |   |   |   |   |
| Granted                                            |   |                             | 10,000   |                         |   | 15.12                                                            |   |                    |   |   |   |   |   |
| Exercised                                          |   |                             | (185,154 | )                            |   | 5.88                                                             |   |                    |   |   |   |   |   |
| Terminated                                         |   |                             | (1,119   | )                            |   | 14.49                                                            |   |                    |   |   |   |   |   |
| Outstanding                  at September 30, 2006 |   |                             | 198,567  |                         | $      | 12.84                                                            |   |                    | 4.8    |   | $ | 525,721 |   |
| Exercisable                  at September 30, 2006 |   |                             | 188,567  |                         | $      | 12.72                                                            |   |                    | 4.7    |   | $ | 522,021 |   |
|                                               |   |                             |     |                         |   |                                                             |   |                    |   |   |   |   |   |

*Table            of Contents*

----

**5.**
**Business        Segments**

| (in                      thousands)                           |   | At                      and for the Three Months Ended September 30, 2006 |    |
|---------------------------------------------------------------|--------|---------------------------------------------------------------------------|---------|
|                                                          |   | TotalCompany                                                              |    | CommunityBanking |   | Leasing |   | Corporateand                      Other 2 |   |
| Net                      interest income                      |   | $                                                                         | 7,762   |   | $ | 7,101 |   | $ | 661 |   | $ | - |   |
| Non-interest                      income 1                    |   |                                                                      | 1,477   |   |   | 1,394 |   |   | 101 |   |   | (18 | ) |
| Total                      revenue                            |   |                                                                      | 9,239   |   |   | 8,495 |   |   | 762 |   |   | (18 | ) |
| Provision                      for loan and lease losses      |   |                                                                      | 177     |   |   | 99 |   |   | 78 |   |   | - |   |
| Gain                      on sale of investment securities    |   |                                                                      | 137     |   |   | 137 |   |   | - |   |   |   |   |
| Non-interest                      expense                     |   |                                                                      | 5,633   |   |   | 5,184 |   |   | 467 |   |   | (18 | ) |
| Income                      before provision for income taxes |   |                                                                      | 3,566   |   |   | 3,349 |   |   | 217 |   |   | - |   |
| Provision                      for income taxes               |   |                                                                      | 1,164   |   |   | 1,074 |   |   | 90 |   |   | - |   |
| Net                      income                               |   | $                                                                         | 2,402   |   | $ | 2,275 |   | $ | 127 |   | $ | - |   |
|                                                          |   |                                                                      |         |   |   |  |   |   |  |   |   |  |   |
| Period-end                      total assets                  |   | $                                                                         | 898,970 |   | $ | 893,174 |   | $ | 65,700 |   | $ | (59,904 | ) |

| (in                  thousands)                           |   | At                  and for the Three Months Ended September 30, 2005 |    |
|-----------------------------------------------------------|--------|-----------------------------------------------------------------------|---------|
|                                                      |   | TotalCompany                                                          |    | CommunityBanking |   | Leasing |   | Corporate                  and                  Other                  2 |   |
| Net                  interest income                      |   | $                                                                     | 8,324   |   | $ | 7,754 |   | $ | 570 |   | $ | - |   |
| Non-interest                  income 1                    |   |                                                                  | 1,379   |   |   | 1,321 |   |   | 73 |   |   | (15 | ) |
| Total                  revenue                            |   |                                                                  | 9,703   |   |   | 9,075 |   |   | 643 |   |   | (15 | ) |
| Provision                  for loan and lease losses      |   |                                                                  | 260     |   |   | 200 |   |   | 60 |   |   | - |   |
| Non-interest                  expense                     |   |                                                                  | 6,053   |   |   | 5,643 |   |   | 425 |   |   | (15 | ) |
| Income                  before provision for income taxes |   |                                                                  | 3,390   |   |   | 3,232 |   |   | 158 |   |   | - |   |
| Provision                  for income taxes               |   |                                                                  | 1,122   |   |   | 1,068 |   |   | 54 |   |   | - |   |
| Net                  income                               |   | $                                                                     | 2,268   |   | $ | 2,164 |   | $ | 104 |   | $ | - |   |
|                                                      |   |                                                                  |         |   |   |  |   |   |  |   |   |  |   |
| Period-end                  total assets                  |   | $                                                                     | 917,764 |   | $ | 913,487 |   | $ | 48,097 |   | $ | (43,820 | ) |

| (in                  thousands)                           |   | At                  and for the Nine Months Ended September 30, 2006 |    |
|-----------------------------------------------------------|--------|----------------------------------------------------------------------|---------|
|                                                      |   | TotalCompany                                                         |    | CommunityBanking |   | Leasing |   | Corporateand                  Other                  2 |   |
| Net                  interest income                      |   | $                                                                    | 24,111  |   | $ | 22,043 |   | $ | 2,068 |   | $ | - |   |
| Non-interest                  income 1                    |   |                                                                 | 4,321   |   |   | 4,087 |   |   | 281 |   |   | (47 | ) |
| Total                  revenue                            |   |                                                                 | 28,432  |   |   | 26,130 |   |   | 2,349 |   |   | (47 | ) |
| Provision                  for loan and lease losses      |   |                                                                 | 491     |   |   | 288 |   |   | 203 |   |   | - |   |
| Gain                  on sale of investment securities    |   |                                                                 | 165     |   |   | 165 |   |   | - |   |   | - |   |
| Non-interest                  expense                     |   |                                                                 | 17,812  |   |   | 16,461 |   |   | 1,398 |   |   | (47 | ) |
| Income                  before provision for income taxes |   |                                                                 | 10,294  |   |   | 9,546 |   |   | 748 |   |   | - |   |
| Provision                  for income taxes               |   |                                                                 | 3,316   |   |   | 3,044 |   |   | 272 |   |   | - |   |
| Net                  income                               |   | $                                                                    | 6,978   |   | $ | 6,502 |   | $ | 476 |   | $ | - |   |
|                                                      |   |                                                                 |    |   |   |   |   |   |   |   |   |   |   |
| Period-end                  total assets                  |   | $                                                                    | 898,970 |   | $ | 893,174 |   | $ | 65,700 |   | $ | (59,904 | ) |

*Table            of Contents*

----

| (in                  thousands)                           |   | At                  and for the Nine Months Ended September 30, 2005 |    |
|-----------------------------------------------------------|--------|----------------------------------------------------------------------|---------|
|                                                      |   | TotalCompany                                                         |    | CommunityBanking |   | Leasing |   | Corporate                  and                  Other 2 |   |
| Net                  interest income                      |   | $                                                                    | 23,681  |   | $ | 22,016 |   | $ | 1,665 |   | $ | - |   |
| Non-interest                  income                  1   |   |                                                                 | 4,182   |   |   | 3,988 |   |   | 239 |   |   | (45 | ) |
| Total                  revenue                            |   |                                                                 | 27,863  |   |   | 26,004 |   |   | 1,904 |   |   | (45 | ) |
| Provision                  for loan and lease losses      |   |                                                                 | 700     |   |   | 525 |   |   | 175 |   |   | - |   |
| Gain                  on sale of investment securities    |   |                                                                 | 640     |   |   | 640 |   |   | - |   |   | - |   |
| Non-interest                  expense                     |   |                                                                 | 17,946  |   |   | 16,713 |   |   | 1,278 |   |   | (45 | ) |
| Income                  before provision for income taxes |   |                                                                 | 9,857   |   |   | 9,406 |   |   | 451 |   |   | - |   |
| Provision                  for income taxes               |   |                                                                 | 3,215   |   |   | 3,061 |   |   | 154 |   |   | - |   |
| Net                  income                               |   | $                                                                    | 6,642   |   | $ | 6,345 |   | $ | 297 |   | $ | - |   |
|                                                      |   |                                                                 |    |   |   |   |   |   |   |   |   |   |   |
| Period-end                  total assets                  |   | $                                                                    | 917,764 |   | $ | 913,487 |   | $ | 48,097 |   | $ | (43,820 | ) |

**6.**
**Directors’        Retirement Plan**

| (in                  thousands)               |   | Nine                  Months Ended |   |
|-----------------------------------------------|--------|------------------------------------|--------|
|                                          |   | September                  30,     |   |
|                                          |   | 2006                               |   | 2005 |   |
| Service                  cost                 |   | $                                  | 23     |   | $ | 34 |   |
| Interest                  cost                |   |                               | 39     |   |   | 20 |   |
| Net                  periodic benefit expense |   | $                                  | 62     |   | $ | 54 |   |

**7.        New Accounting Pronouncements**

**Accounting        for Uncertainty in Income Taxes**

*Accounting        for Uncertainty in Income Taxes-an interpretation of FASB Statement No.        109*

**Fair        Value Measurements**

*Fair        Value Measurements*

**Accounting        for Defined Benefit Pension and Other Postretirement Plans**

*Table            of Contents*

----

**Item        2. Management's Discussion and Analysis of Financial Condition and Results        of        Operations.**

The

**Purpose        of Discussion and Analysis**

**Statements        Regarding Forward-Looking Information**

**Significant        Accounting Policies, Judgments and Estimates**

*Table            of Contents*

----

*Goodwill        and Intangible Assets*

**Business        Overview**

**Earnings        Summary**

**Consolidated**

**Business        Segments**

*Table            of Contents*

----

**Net        Interest Income**

| (dollars                  in thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | Nine                  Months Ended September 30, |    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 2006                                             |    | 2005 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | Average                                          |    | Interest |   | Yield/ |   | Average |   | Interest |   | Yield/ |   |
| **ASSETS**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | Balance                                          |    | Earned/Paid |   | Rate |   | Balance |   | Earned/Paid |   | Rate |   |
| Earning                  Assets:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                             |         |   |   |  |   |   |  |   |   |  |   |   |  |   |   |  |   |
| Investment                  securities                  1                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | $                                                | 122,895 |   | $ | 4,313 |   |   | 4.69% |   | $ | 135,647 |   | $ | 4,328 |   |   | 4.27% |   |
| Due                  from banks - interest-bearing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                             | 7,473   |   |   | 258 |   |   | 4.62% |   |   | 6,996 |   |   | 159 |   |   | 3.04% |   |
| Federal                  funds sold                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                             | 13,861  |   |   | 495 |   |   | 4.77% |   |   | 20,737 |   |   | 474 |   |   | 3.06% |   |
| Loans                  and leases, net unearned income                  2                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                                             | 679,527 |   |   | 35,704 |   |   | 7.02% |   |   | 633,618 |   |   | 30,860 |   |   | 6.51% |   |
| Total                  earning assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                             | 823,756 |   |   | 40,770 |   |   | 6.62% |   |   | 796,998 |   |   | 35,821 |   |   | 6.01% |   |
| Less:                  Allowance for loan and lease losses                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                             | (9,641  | ) |   |  |   |   |  |   |   | (9,280 | ) |   |  |   |   |  |   |
| All                  other assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                             | 75,843  |   |   |  |   |   |  |   |   | 75,657 |   |   |  |   |   |  |   |
| Total                  assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | $                                                | 889,958 |   |   |  |   |   |  |   | $ | 863,375 |   |   |  |   |   |  |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                             |         |   |   |  |   |   |  |   |   |  |   |   |  |   |   |  |   |
| **LIABILITIES                  AND SHAREHOLDERS’ EQUITY**                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing                  Liabilities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                             |         |   |   |  |   |   |  |   |   |  |   |   |  |   |   |  |   |
| Int-bearing                  checking, money market and savings                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | $                                                | 331,599 |   | $ | 6,294 |   |   | 2.54% |   | $ | 293,199 |   | $ | 2,828 |   |   | 1.29% |   |
| Time                  deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                             | 196,309 |   |   | 5,449 |   |   | 3.71% |   |   | 202,478 |   |   | 4,094 |   |   | 2.70% |   |
| Federal                  funds and other borrowings 3                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                             | 86,861  |   |   | 3,191 |   |   | 4.91% |   |   | 97,032 |   |   | 3,502 |   |   | 4.83% |   |
| Subordinated                  debentures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |                                             | 24,743  |   |   | 1,521 |   |   | 8.22% |   |   | 24,743 |   |   | 1,521 |   |   | 8.22% |   |
| Total                  interest-bearing liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                             | 639,512 |   |   | 16,455 |   |   | 3.44% |   |   | 617,452 |   |   | 11,945 |   |   | 2.59% |   |
| Non                  interest-bearing deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                             | 173,285 |   |   |  |   |   |  |   |   | 175,576 |   |   |  |   |   |  |   |
| Other                  liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                             | 10,123  |   |   |  |   |   |  |   |   | 9,757 |   |   |  |   |   |  |   |
| Shareholders'                  equity                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                             | 67,038  |   |   |  |   |   |  |   |   | 60,590 |   |   |  |   |   |  |   |
| Total                  liabilities and shareholders' equity                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | $                                                | 889,958 |   |   |  |   |   |  |   | $ | 863,375 |   |   |  |   |   |  |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                             |         |   |   |  |   |   |  |   |   |  |   |   |  |   |   |  |   |
| Net                  interest income and rate spread                  1                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                             |         |   |   | 24,315 |   |   | 3.18% |   |   |  |   |   | 23,876 |   |   | 3.42% |   |
| Less:                  tax equivalent basis adjustment                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                             |         |   |   | (204 | ) |   |  |   |   |  |   |   | (195 | ) |   |  |   |
| Net                  interest income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                             |         |   | $ | 24,111 |   |   |  |   |   |  |   | $ | 23,681 |   |   |  |   |
| Net                  interest margin 1,                  4                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                             |         |   |   |  |   |   | 3.95% |   |   |  |   |   |   |   |   | 4.01% |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                             |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 1                  Yield/rate                  on a tax equivalent basis.2                  Includes                  nonaccrual loans, the effect of which is to reduce the yield earned                  on                  loans.3                  Includes                  federal funds purchased, securities sold under agreements to purchase,                  and                  FHLB advances. 4                  Net                  interest income divided by total earning                  assets.  |

*Table            of Contents*

----

**Non-Interest        Income**

**Non-Interest        Expense**

**Provision        for Loan and Lease Losses**

**Provision        for Income Taxes**

**FINANCIAL        CONDITION**

**ASSETS**

**Loans        and Leases**

*Table            of Contents*

----

| (in                  thousands)                                             |   | September                  30, |    | December                  31, |   |
|-----------------------------------------------------------------------------|--------|--------------------------------|---------|-------------------------------|--------|
|                                                                        |   | 2006                           |    | 2005                          |   |
| Loans                  secured by one-to-four family residential properties |   | $                              | 145,446 |                          | $      | 153,824 |   |
| Loans                  secured by multifamily residential properties        |   |                           | 34,956  |                          |   | 35,563 |   |
| Loans                  secured by nonresidential properties                 |   |                           | 359,687 |                          |   | 323,031 |   |
| Loans                  to individuals                                       |   |                           | 3,725   |                          |   | 3,722 |   |
| Commercial                  loans                                           |   |                           | 37,599  |                          |   | 37,872 |   |
| Construction                  loans                                         |   |                           | 52,089  |                          |   | 63,647 |   |
| Lease                  financing receivables, net                           |   |                           | 66,517  |                          |   | 53,302 |   |
| Other                  loans                                                |   |                           | 603     |                          |   | 510 |   |
| Total                  loans and leases                                     |   |                           | 700,622 |                          |   | 671,471 |   |
| Less:                  Unearned income                                      |   |                           | (1,090  | )                             |   | (1,080 | ) |
| Loans                  and leases, net of unearned income                   |   | $                              | 699,532 |                          | $      | 670,391 |   |

**Nonperforming        Assets**

| (dollars                  in thousands)                                   |   | September                  30, |   | December                  31, |   |
|---------------------------------------------------------------------------|--------|--------------------------------|--------|-------------------------------|--------|
|                                                                      |   | 2006                           |   | 2005                          |   |
| Nonaccruing                  loans and leases                             |   | $                              | 793    |                          | $      | 1,359 |   |
| Renegotiated                  loans                                       |   |                           | 112    |                          |   | 154 |   |
| Total                  nonperforming loans and leases                     |   |                           | 905    |                          |   | 1,513 |   |
| Loans                  past due 90 days and accruing                      |   |                           | 29     |                          |   | - |   |
| Other                  real estate owned, net                             |   |                           | 549    |                          |   | 549 |   |
| Total                  nonperforming assets                               |   | $                              | 1,483  |                          | $      | 2,062 |   |
|                                                                      |   |                           |        |                          |   |   |   |
| Nonperforming                  assets to total assets                     |   |                           | 0.16%  |                          |   | 0.22% |   |
| Nonperforming                  loans and leases to total loans and leases |   |                           | 0.13%  |                          |   | 0.23% |   |
| Nonperforming                  assets to total loans and leases and       |   |                           |   |                          |   |   |   |
| other                  real estate owned                                  |   |                           | 0.21%  |                          |   | 0.31% |   |

**Impaired        Loans**

| (in                  thousands)              |   | September                  30,                               |   | December                  31, |   |
|----------------------------------------------|--------|--------------------------------------------------------------|--------|-------------------------------|--------|
|                                         |   | 2006                                                         |   | 2005                          |   |
| Recorded                  investment         |   | $                                                            | 679    |                          | $      | 1,175 |   |
| Valuation                  allowance         |   |                                                         | -      |                          |   | - |   |
|                                         |   |                                                         |   |                          |   |   |   |
|                                         |   |  Nine                  Months Ended September 30,  |   |
|                                         |   |                                                         | 2006   |                          |   | 2005 |   |
| Average                  recorded investment |   | $                                                            | 741    |                          | $      | 1,619 |   |
| Interest                  income recognized  |   |                                                         | 45     |                          |   | 109 |   |

*Table              of Contents*

----

**Allowance        for Loan and Lease Losses**

| (dollars                  (in thousands)                                  |   | Nine                  Months Ended September 30, |   |
|---------------------------------------------------------------------------|--------|--------------------------------------------------|--------|
|                                                                      |   | 2006                                             |   | 2005 |   |
| Balance                  at January 1                                     |   | $                                                | 9,478  |   | $ | 8,918 |   |
| Charge-offs:                                                              |   |                                             |   |   |   |   |   |
| Commercial                                                                |   |                                             | (25    | ) |   | - |   |
| Lease                  financing receivables                              |   |                                             | (272   | ) |   | (350 | ) |
| Credit                  cards and related plans                           |   |                                             | (5     | ) |   | (6 | ) |
|                                                                      |   |                                             | (302   | ) |   | (356 | ) |
| Recoveries:                                                               |   |                                             |   |   |   |   |   |
| Commercial                                                                |   |                                             | 1      |   |   | 29 |   |
| Lease                  financing receivables                              |   |                                             | 158    |   |   | 22 |   |
| Installment                  loans to individuals                         |   |                                             | -      |   |   | 5 |   |
| Credit                  cards and related plans                           |   |                                             | 2      |   |   | - |   |
|                                                                      |   |                                             | 161    |   |   | 56 |   |
| Net                  charge-offs                                          |   |                                             | (141   | ) |   | (300 | ) |
| Provision                  charged to operations                          |   |                                             | 491    |   |   | 700 |   |
| Balance                  at September 30                                  |   | $                                                | 9,828  |   | $ | 9,318 |   |
|                                                                      |   |                                             |   |   |   |   |   |
| Net                  charge-offs to average loans and leases (annualized) |   |                                             | (0.03% | ) |   | (0.06% | ) |

**Investment        Securities**

**Cash        and Cash Equivalents**

**LIABILITIES**

*Table            of Contents*

----

**Deposits**

**Liquidity**

**Capital        Adequacy, Regulatory Capital Ratios and Dividends**

|                                          |   |   |   |                               |   |                         |   |                               |   | To                  Be Well-Capitalized |   |
|-----------------------------------------------|--------|--------|--------|------------------------------------|--------|------------------------------|--------|------------------------------------|--------|-----------------------------------------|--------|
|                                          |   |   |   |                               |   |                         |   |                               |   | Under                  Prompt           |   |
|                                          |   |   |   |                               |   | For                  Capital |   | Corrective                  Action |   |
|  (dollars                  in thousands) |   | Actual |   | Adequacy                  Purposes |   | Provisions                   |   |
|                                          |   | Amount |   | Ratio                              |   | Amount                       |   | Ratio                              |   | Amount                                  |   | Ratio |   |
| Total                  risk-based capital     |   |   |        |                               |   |                              |   |                               |        |                                    |   |  |   |   |  |   |   |  |   |
| Greater                  Community Bancorp    |   | $      | 91,380 |                               |   | 12.48                        | %      | $                                  | 58,577 |                                    |   | 8.00 | % |   | n/a |   |   | n/a |   |
| Greater                  Community Bank       |   |   | 86,213 |                               |   | 11.83                        | %      |                               | 58,301 |                                    |   | 8.00 | % | $ | 72,877 |   |   | 10.00 | % |
|                                          |   |   |        |                               |   |                              |   |                               |        |                                    |   |  |   |   |  |   |   |  |   |
| Tier                  1 risk-based capital    |   |   |        |                               |   |                              |   |                               |        |                                    |   |  |   |   |  |   |   |  |   |
| Greater                  Community Bancorp    |   |   | 78,449 |                               |   | 10.71                        | %      |                               | 29,299 |                                    |   | 4.00 | % |   | n/a |   |   | n/a |   |
| Greater                  Community Bank       |   |   | 77,138 |                               |   | 10.58                        | %      |                               | 29,164 |                                    |   | 4.00 | % |   | 43,746 |   |   | 6.00 | % |
|                                          |   |   |        |                               |   |                              |   |                               |        |                                    |   |  |   |   |  |   |   |  |   |
| Tier                  1 leverage capital      |   |   |        |                               |   |                              |   |                               |        |                                    |   |  |   |   |  |   |   |  |   |
| Greater                  Community Bancorp    |   |   | 78,449 |                               |   | 8.87                         | %      |                               | 35,377 |                                    |   | 4.00 | % |   | n/a |   |   | n/a |   |
| Greater                  Community Bank       |   |   | 77,138 |                               |   | 8.76                         | %      |                               | 35,223 |                                    |   | 4.00 | % |   | 44,029 |   |   | 5.00 | % |
|                                          |   |   |        |                               |   |                              |   |                               |        |                                    |   |  |   |   |  |   |   |  |   |
| n/a                  = not applicable         |   |   |        |                               |   |                              |   |                               |        |                                    |   |  |   |   |  |   |   |  |   |

*Table            of Contents*

----

**Some        Specific Factors Affecting Future Results of Operations**

**Item        3. Quantitative and Qualitative Disclosures About Market        Risk.**

The

**Item        4. Controls and Procedures. **

(a) 

**PART        II - OTHER INFORMATION**

**Item        1. Legal Proceedings.**

**Item        1A. Risk Factors.**

**Item        2. Unregistered Sales of Equity Securities and Use of        Proceeds.**

**Item        3. Defaults Upon Senior Securities.**

*Table            of Contents*

----

**Item        4. Submission of Matters to a Vote of Security        Holders.**

**Item        5. Other Information.**

**Item        6. Exhibits.**

*Table            of Contents*

----

**SIGNATURES**

Pursuant

|                                      |  **Greater                    Community Bancorp**                                               |
|-------------------------------------------|------------------------------------------------------------------------------------------------------|
|                                      | **              **(registrant) |
|                                      |                                                                                                 |
| Date:                    November 8, 2006 | */s/                    Stephen J. Mauger*                                                           |
|                                      | Stephen                    J. Mauger                                                                 |
|                                      | Senior                    Vice President, Treasurer and                    CFO                       |

*Table          of Contents*

----

**Exhibit      Index**

| No.    | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 3.1    | Restated                Certificate of Incorporation of the Company (incorporated by reference                to                Exhibit 3.4 to Form 10-QSB for the quarter ended September 30, 1998,                filed                on August 14, 1998)                                                                                                                                                                                                                                                                                                                                                                                            |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 3.2    | Bylaws                of the Company as amended and restated effective May 15, 2001                (incorporated by reference to Exhibit 3.2 to Form 8-K filed on September                18, 2001)                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 4.1    | Junior                Subordinated Indenture between the Company and Deutsche Bank Trust                Company                Americas as Trustee, dated May 24, 2002 (incorporated by reference                to                Exhibit 4.1 of Exhibits to Form S-3 Registration Statement filed                by GCB                Capital Trust II and Greater Community Bancorp under the Securities                Act of                1933, Registration Nos. 333-89050, 333-89050-01, filed May 24,                2002)                                                                                                                   |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 4.4    | Amended                and Restated Trust among Greater Community Bancorp as Depositor,                Deutsche                Bank Trust Company Americas as Property Trustee, and Deutsche Bank                Trust                (Delaware) as Delaware Trustee, dated May 24, 2002 (incorporated                by                reference to Exhibit 4.4 of Exhibits to Form S-3 Registration Statement                filed by GCB Capital Trust II and Greater Community Bancorp under                the                Securities Act of 1933, Registration Nos. 333-89050, 333-89050-01,                filed                May 24, 2002) |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 4.6    | Guarantee                Agreement between Greater Community Bancorp (as Guarantor) and Deutsche                Bank Trust Company Americas (as Trustee) dated May 24, 2002 (incorporated                by reference to Exhibit 4.6 of Exhibits to Form S-3 Registration                Statement                filed by GCB Capital Trust II and Greater Community Bancorp under                the                Securities Act of 1933, Registration Nos. 333-89050, 333-89050-01,                filed                May 24, 2002)                                                                                                              |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.1   | Employment                Agreement of George E. Irwin dated July 31, 1998 (incorporated by                reference to Exhibit 10.1 to Form 10-KSB for the year ended December                31,                1998, filed on March 17, 1999)                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.3   | Employment                Agreement of Erwin D. Knauer dated July 1, 1999 (incorporated by                reference                to Exhibit 10.3 to Form 10-Q for quarter ended September 30,                1999)                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.4   | Executive                Supplemental Retirement Income Agreement for George E. Irwin dated                as of                January 1, 1999 among Great Falls Bank, George E. Irwin and Greater                Community Bancorp (as guarantor) (incorporated by reference to Exhibit                10.4 to Form 10-K for the year ended December 31, 1999)                                                                                                                                                                                                                                                                                        |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.5   | Executive                Supplemental Retirement Income Agreement for C. Mark Campbell dated                as of                January 1, 1999 among Bergen Commercial Bank, C. Mark Campbell and                Greater                Community Bancorp (as guarantor) (incorporated by reference to Exhibit                10.5 to Form 10-K for the year ended December 31, 1999)                                                                                                                                                                                                                                                                 |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.6   | Greater                Community Bancorp 2001 Employee Stock Option Plan Adopted February                20,                2001 (incorporated by reference to Exhibit 10.6 to Form 10-K for                the year                ended December 31, 2000)                                                                                                                                                                                                                                                                                                                                                                                            |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.7   | Greater                Community Bancorp 2001 Stock Option Plan for Nonemployee Directors                Adopted                February 20, 2001 (incorporated by reference to Exhibit 10.7 to Form                10-K                for the year ended December 31, 2000)                                                                                                                                                                                                                                                                                                                                                                           |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.8   | Amended                Employment Agreement of George E. Irwin dated August 1, 2003 (incorporated                by reference to Exhibit 10.8 to Form 8-K filed on August 1,                2003)                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.9   | Executive                Supplemental Retirement Income Agreement for Anthony M. Bruno, Jr.                dated                as of February 1, 2004 among Greater Community Bank, Anthony M. Bruno,                Jr.                and Greater Community Bancorp (as guarantor) (incorporated by reference                to                Exhibit 10.9 to Form 10-Q filed on May 10, 2004)                                                                                                                                                                                                                                                      |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.10  | Amended                Employment and Waiver Agreement of George E. Irwin dated December                20, 2004                (incorporated by reference to Exhibit 10.10 to Form 8-K filed on                December                22, 2004)                                                                                                                                                                                                                                                                                                                                                                                                       |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.11  | Employment                Agreement of Anthony M. Bruno, Jr. dated March 2, 2005 (incorporated                by                reference to Exhibit 10.11 to Form 8-K filed on March 8,                2005)                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.12  | Employment                Agreement of C. Mark Campbell dated March 2, 2005 (incorporated by                reference to Exhibit 10.12 to Form 8-K filed on March 8,                2005)                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
| 10.13  | Separation                and Release Agreement of Erwin D. Knauer dated December 31, 2004                (incorporated by reference to Exhibit 10.13 to Form 10-Q filed on                May 9,                2005)                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |

*Table          of Contents*

----

**Exhibit      Index**

| No.    | Description |   |
|--------|-------------|--------|
|   |        |   |

| 10.14  | Employment                Agreement of C. Mark Campbell as of July 31, 2006 (incorporated by                reference to Exhibit 10.14 to Form 8-K filed on July 11,                2006)                                                                                                                                                                                                                      |   |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| 31.1   | Certification                of Chief Executive Officer dated November                8, 2006                                                                                                                                                                                                                                                                                                                  |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| 31.2   | Certification                of Chief Financial Officer dated                November 8, 2006                                                                                                                                                                                                                                                                                                                  |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| 32.1   | Certification                of Officers pursuant to 18 U.S.C. Section 1350 dated November                8, 2006                                                                                                                                                                                                                                                                                              |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| 99     | Greater                Community Bancorp 2006 Long-Term Stock Compensation Plan Adopted                April 18,                2006 (incorporated by reference to Exhibit 99 of Exhibits to Form                S-8                Registration Statement filed by Greater Community Bancorp under the                Securities Act of 1933, Registration No. 333-134205, filed May 17,                2006) |   |

*Table      of      Contents*