Exhibit 10.3 Summary of the Trust Division Bonus Plan under which one of the executive officers of the Parent Company is eligible to receive a bonus each year. 44 1994 TRUST DIVISION BONUS PLAN The following is a summary of the Trust Division Bonus Plan for 1994: A. The bonus plan covers the Vice President-Trust. B. The Vice President-Trust may earn up to a maximum of 40.0% of base compensation. C. The bonus amount is earned ratably based on a tiered achievement scale relating to net pre-tax earnings of the Trust Division. D. The tiered achievement scale is negotiated between the Vice President-Trust and the Chairman of the Board. 45