EXHIBIT 24 POWER OF ATTORNEY KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Michael A. Flick and Thomas L. Callicutt, Jr., or either of them, his or her true and lawful attorney-in-fact and agent, with full power of substitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign on his or her behalf First Commerce Corporation's Annual Report on Form 10-K for the year ended December 31, 1997. Hereby executed by the following persons in the capacities indicated on the 17th day of February, 1998. IAN ARNOF /s/ Ian Arnof President and Chief Executive Officer ---------------------------- and Director HERMAN MOYSE, JR /s/ Herman Moyse, Jr. Chairman of the Board ---------------------------- MICHAEL A. FLICK /s/ Michael A. Flick Executive Vice President, Chief ---------------------------- Administrative Officer and Principal Financial Officer THOMAS L. CALLICUTT, JR. /s/ Thomas L. Callicutt, Jr. Executive Vice President, Controller and ---------------------------- Principal Accounting Officer JAMES J. BAILEY III /s/ James J. Bailey III Board Member ---------------------------- JOHN W. BARTON /s/ John W. Barton Board Member ---------------------------- SYDNEY J. BESTHOFF III Board Member ---------------------------- ROBERT H. BOLTON /s/ Robert H. Bolton Board Member ---------------------------- ROBERT C. CUDD III /s/ Robert C. Cudd III Board Member ---------------------------- FRANCES B. DAVIS /s/ Frances B. Davis Board Member ---------------------------- LAURANCE EUSTIS, JR. /s/ Laurance Eustis, Jr. Board Member ---------------------------- WILLIAM P. FULLER /s/ William P. Fuller Board Member ---------------------------- ARTHUR HOLLINS III /s/ Arthur Hollins III Board Member ---------------------------- F. BEN JAMES, JR. Board Member ---------------------------- ERIK F. JOHNSEN /s/ Erik F. Johnsen Board Member ---------------------------- J. MERRICK JONES, JR. /s/ J. Merrick Jones, Jr. Board Member ---------------------------- EDWIN LUPBERGER /s/ Edwin Lupberger Board Member ---------------------------- MARY ELLEN CHAVANNE MARTIN /s/ Mary Ellen Chavanne Martin Board Member ---------------------------- HUGH G. MCDONALD, JR. /s/ Hugh G. McDonald, Jr. Board Member ---------------------------- SAUL A. MINTZ /s/ Saul A. Mintz Board Member ---------------------------- O. MILES POLLARD, JR. /s/ O. Miles Pollard, Jr. Board Member ---------------------------- G. FRANK PURVIS, JR. /s/ G. Frank Purvis, Jr. Board Member ---------------------------- THOMAS H. SCOTT /s/ Tom H. Scott Board Member ---------------------------- EDWARD M. SIMMONS /s/ Edward M. Simmons Board Member ---------------------------- H. LEIGHTON STEWARD /s/ H. Leighton Steward Board Member ---------------------------- ROBERT A. WEIGLE /s/ Robert A. Weigle Board Member ---------------------------- WILLIAM W. RUCKS III /s/ William W. Rucks III Board Member ----------------------------