***Company***

| ·   | ***Board                Compensation for Service on the Board and its                Committees***: |
|--------------------|-----------------------------------------------------------------------------------------------------|
| -   | Annual                cash retainer of $35,000; |
|---------------|-------------------------------------------------|
| -   | Attendance                per meeting $1,500; |
|---------------|-----------------------------------------------|
| -   | Grant                of options to purchase 7,500 shares of the Company’s common                stock1 |
|---------------|--------------------------------------------------------------------------------------------------------------|
| -   | Annual                retainer of $30,000 to the Chair of the Audit Committee; |
|---------------|--------------------------------------------------------------------------------|
| -   | Annual                retainer of $30,000 to the Chair of the Nominating and Governance                Committee; and |
|---------------|-----------------------------------------------------------------------------------------------------------------------|
| -   | Annual                retainer of $15,000 to the Chair of the Compensation                Committee. |
|---------------|------------------------------------------------------------------------------------------------------|
| ·   | ***2005                Bonuses for Certain Executive Officers***: |
|--------------------|-------------------------------------------------------------------|

| **Name**                                       | **Title**                                                                                                         | **Cash                  Bonus** | **Stock                  Option Grants**1 |
|------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|---------------------------------|-------------------------------------------|
| Vernon                  W. Hill, II       | Chairman,                  President and Chief Executive Officer                                             | $0                         | 500,000                              |
| Robert                  D. Falese, Jr.    | President,                  Commercial & Investment Banking                                              | $0                         | 150,000                              |
| Dennis                  M. DiFlorio       | President,                  Retail/Support                                                                   | $0                         | 150,000                              |
| George                  E. Norcross, III  | Chairman                  & Chief Executive Officer, Commerce Insurance Services,                  Inc.  | $0                         | 100,000                              |
| Peter                  M. Musumeci, Jr.   | Executive                  Vice President, Credit/Loan Admin                                                 | $0                         | 50,000                               |

| ·   | ***2006                Base Salaries of Certain Executive Officers***: |
|--------------------|------------------------------------------------------------------------|

| **Name**                                       | **Title**                                                                                                         | **Base                  Salary** |
|------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|----------------------------------|
| Vernon                  W. Hill, II       | Chairman,                  President and Chief Executive Officer                                             | $1,000,000                  |
| Robert                  D. Falese, Jr.    | President,                  Commercial & Investment Banking                                              | $900,000                    |
| Dennis                  M. DiFlorio       | President,                  Retail/Support                                                                   | $900,000                    |
| George                  E. Norcross, III  | Chairman                  & Chief Executive Officer, Commerce Insurance Services,                  Inc.  | $950,000                    |
| Peter                  M. Musumeci, Jr.   | Executive                  Vice President, Credit/Loan Admin                                                 | $650,000                    |

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