Exhibit 10.3 Exhibit 10.3 - Chief Executive Officer, Chief Financial Officer and Other Named Officer Compensation The Bank's Board of Directors, upon the recommendation of the Executive Officer Compensation Committee, approved the following (without CEO participation relative to his compensation): 1. Annual Base Salary Changes Effective January 1, 2008 William H. McGaughey, SEVP/Director-Capital Markets/ $220,000 to $231,000 Treasurer Donald A. Pitcher, EVP/Chief Financial Officer $180,000 to $189,000 Stephen H. Wacknitz, CEO/President/Chairman $500,000 to $560,000