POWER OF ATTORNEY KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Thomas C. Jaeger 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, 1995. Hereby executed by the following persons in the capacities indicated on the 8th day of March, 1996. --- ------- IAN ARNOF /s/ IAN ARNOF President and Chief Executive Officer and Director HERMAN MOYSE, JR /s/ HERMAN MOYSE, JR Chairman of the Board THOMAS C. JAEGER /s/ THOMAS C. JAEGER Executive Vice President and Chief Financial Officer THOMAS L. CALLICUTT, JR. /s/ THOMAS L. CALLICUTT, JR. Senior 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 /s/ SYDNEY J. BESTHOFF III Board Member ROBERT H. BOLTON Board Member MARY ELLEN CHAVANNE /s/ MARY ELLEN CHAVANNE Board Member FRANCES B. DAVIS /s/ FRANCES B. DAVIS Board Member ROBERT C. CUDD III /s/ ROBERT C. CUDD III 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. /s/ 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 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/ THOMAS H. SCOTT Board Member EDWARD M. SIMMONS /s/ EDWARD M. SIMMONS Board Member H. LEIGHTON STEWARD /s/ H. LEIGHTON STEWARD Board Member JOSEPH B. STOREY Board Member ROBERT A. WEIGLE /s/ ROBERT A. WEIGLE Board Member