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. The Company held 6,992 and 33,509 shares of TBBK common stock, respectively, as of December 31, 2011 and September 30, 2011, to support the Rabbi Trust portion of the SERP.

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

	Three Months Ended December 31,
	2011			2010
Interest costs	$	80		$	92
Less: expected return on plan assets		(18	)		(17	)
Plus: amortization of unrecognized loss		83			74
Net cost	$	145		$	149