Exhibit 10.3

     Mr. Perugini's Employment is the same as the Employment Agreement in
Exhibit 10.2, which is incorporated herein by reference except as to: (i) the
name of the Executive, which is Peter N. Perugini; (ii)  the position in Section
1, which is Senior Vice President and Chief Lending Officer; and (iii) the
amount of the base salary in Section 3(a), which is $132,000.