Exhibit 10.4 Summary of Director Compensation Attached is Schedule B which details Board of Director and Committee Member compensation. Directors that are salaried officers of the corporation receive no director or committee compensation. Schedule B is approved annually by the Board of Directors. Exhibit 10.4 Continued SCHEDULE B JANUARY 6, 2006 DIRECTORS' COMPENSATION: Non-employee Directors $12,000 annual - ------------------------ retainer plus $1,200 per meeting attended of Tri City National Bank and $300 per meeting attended of Tri City Bankshares Corporation, payable quarterly EXECUTIVE COMMITTEE: - -------------------- Annual compensation, payable quarterly: Henry Karbiner, Jr., Chairman Henry Karbiner, Jr. - no compensation Ronald K. Puetz Ronald K. Puetz - no compensation William Gravitter William Gravitter $17,900 Sanford Fedderly Sanford Fedderly $12,150 Christ Krantz Christ Krantz $ 5,600 LOAN COMMITTEE: - -------------------- William Werry, Chairman Non-employee Directors: Robert W. Orth Chairman $750 per meeting attended Sanford Fedderly Other members $500 per meeting attended William Gravitter Payable quarterly Henry Karbiner, Jr. Christ Krantz Ronald K. Puetz Scott A. Wilson AUDIT COMMITTEE: - -------------------- William N. Beres, Chairman Chairman $8,000 per annum, Sanford Fedderly payable quarterly Christ Krantz Non-employee members $250 per meeting attended Payable quarterly CRA/COMPLIANCE COMMITTEE: Scott A. Wilson, Chairman Non-employee Directors: David A. Ulrich, Jr. $250 per meeting attended, Scott D. Gerardin payable quarterly Gary Grobner Craig Dedrick Michael Koenen Michael Phillips Mark Dandrea Sandra Vitrano Daniel Schifano