NOTE 15 - BENEFIT PLANS

Supplemental Employment Retirement Plan ("SERP"). The Company established a SERP, which has Rabbi and Secular Trust components, for Mr. Edward E. Cohen ("Mr. E. Cohen"), while he was the Company's Chief Executive Officer. The Company pays an annual benefit equal to $838,000 during his lifetime or for a period of 10 years from June 2004, whichever is longer. During the nine months ended June 30, 2012, the Company sold the 33,509 shares of TBBK common stock it held as of September 30, 2011 to fund SERP distribution payments to Mr. E. Cohen.

The components of net periodic benefit costs for the SERP were as follows (in thousands):

	Three Months Ended						Nine Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Interest costs	$	80		$	92		$	240		$	276
Expected return on plan assets		(18	)		(17	)		(53	)		(50	)
Amortization of actuarial losses		83			74			248			222
Net cost	$	145		$	149		$	435		$	448

Employee Stock Ownership Plan. The Company sponsors an Employee Stock Ownership Plan ("ESOP") which is a qualified non-contributory retirement plan established to acquire shares of the Company's common stock for the benefit of its employees who are 21 years of age or older, have completed 1,000 hours of service and been employed by the Company for one year. Contributions to the ESOP were funded by the Company as set forth in the plan. In May 2012, the Company received a final determination letter from the U.S. Internal Revenue Service to terminate the plan. Accordingly, the Company distributed the available plan assets to participants in July 2012 and will liquidate the ESOP trust in the fourth quarter of fiscal 2012.