Pennsylvania Commerce Bancorp, Inc.
Selected Consolidated Financial Data
(Unaudited)
	At or for the						At or for the
	Three Months Ended						Twelve Months Ended
	December 31,						December 31,
					%							%
(in thousands, except per share amounts)	2005		2004		Change		2005		2004			Change
Income Statement Data:
Net interest income	$ 13,147		$ 12,093		9	%	$ 50,905		$ 46,585			9	%
Provision for loan losses	140		721		(81)	%	1,560		2,646			(41)	%
Noninterest income	2,960		3,045		(3)	%	14,156		11,296			25	%
Noninterest operating expenses	13,790		11,010		25	%	50,403		42,466			19	%
Net income	1,476		2,284		(35)	%	8,817		8,591		+	3	%
Per Common Share Data:
Net income: Basic	$ 0.24		$ 0.41		(41)	%	$ 1.47		$ 1.75			(16)	%
Net income: Diluted	0.23		0.38		(39)	%	1.38		1.63			(15)	%
Book Value							$ 15.07		$ 14.31		+	5	%
Weighted average shares outstanding:
Basic	5,994		5,516				5,948		4,856
Diluted	6,366		5,912				6,318		5,218
Balance Sheet Data:
Total assets							$ 1,641,121		$ 1,277,367			28	%
Loans (net)							815,439		638,496		+	28	%
Allowance for loan losses							9,231		7,847			18	%
Investment Securities							687,102		523,982			31	%
Total deposits							1,371,062		1,160,547			18	%
Core deposits							1,309,926		1,108,095		+	18	%
Stockholders' equity							91,643		85,039		+	8	%
Capital:
Stockholders' equity to total assets							5.58	%	6.66	%
Leverage Ratio							6.69		7.79
Risk based capital ratios:
Tier 1							9.78		11.57
Total Capital							10.61		12.49
Performance Ratios:
Cost of funds	2.55	%	1.55	%			2.12	%	1.32	%
Deposit Cost of Funds	2.01		1.41				1.73		1.09
Net interest margin	3.45		4.12				3.77		4.28
Return on average assets	0.36		0.72				0.61		0.73
Return on average total stockholders' equity	6.50		12.36				9.91		14.78
Asset Quality:
Net charge-offs to average loans outstanding							0.02	%	0.14	%
Nonperforming assets to total period-end assets							0.16		0.11
Allowance for loan losses to total period-end loans							1.12		1.21
Allowance for loan losses to nonperforming loans							364		916
Nonperforming assets to capital and reserves							3	%	2	%

Pennsylvania Commerce Bancorp, Inc. and Subsidiaries Average Balances and Net Interest Income
(unaudited)
	Quarter ended,
	December 2005							September 2005							December 2004
	Average				Average			Average				Average			Average				Average
	Balance		Interest		Rate			Balance		Interest		Rate			Balance		Interest		Rate
(dollars in thousands)
Earning Assets
Investment securities
Taxable	$	720,099	$	9,096		5.05	%	$	604,417	$	7,548		5.00	%	$	502,689	$	6,356		5.06	%
Tax-exempt		2,616		32		4.89			7,403		111		6.00			6,830		100		5.86
Total securities		722,715		9,128		5.05			611,820		7,659		5.01			509,519		6,456		5.07
Federal funds sold		0		0					325		3		3.61			14,293		66		1.85
Loans receivable
Mortgage and construction		419,512		7,225		6.83			394,589		6,705		6.74			362,786		5,945		6.52
Commercial loans and lines of credit		213,487		4,016		7.46			198,775		3,521		7.03			162,555		2,523		6.17
Consumer		150,459		2,399		6.33			138,815		2,159		6.17			111,558		1,567		5.59
Tax-exempt		13,691		155		4.53			9,308		108		4.64			6,292		75		4.77
Total loans receivable		797,149		13,795		6.87			741,487		12,493		6.76			643,191		10,110		6.25
Total earning assets	$	1,519,864	$	22,923		6.00	%	$	1,353,632	$	20,155		5.91	%	$	1,167,003	$	16,632		5.67	%
Sources of Funds
Interest-bearing deposits
Regular savings	$	349,729	$	1,669		1.89	%	$	330,563	$	1,378		1.65	%	$	309,258	$	926		1.19	%
Interest checking and money market		548,212		4,132		2.99			490,208		3,193		2.58			444,801		1,904		1.70
Time deposits		186,364		1,539		3.28			179,493		1,359		3.00			172,561		1,118		2.58
Public funds time		38,623		358		3.68			31,429		265		3.35			38,669		201		2.07
Total interest-bearing deposits		1,122,928		7,698		2.72			1,031,693		6,195		2.38			965,289		4,149		1.71
Short-term borrowings		163,410		1,723		4.13			93,472		861		3.65			5,979		35		2.33
Junior subordinated debt		13,600		355		10.44			13,600		354		10.41			13,600		355		10.44
Total interest-bearing liabilities		1,299,938		9,776		2.98			1,138,765		7,410		2.58			984,868		4,539		1.83
Noninterest-bearing funds (net)		219,926							214,867							182,135
Total sources to fund earning assets	$	1,519,864		9,776		2.55		$	1,353,632	$	7,410		2.17		$	1,167,003		4,539		1.55
Net interest income and margin			$	13,147		3.45	%			$	12,745		3.74	%			$	12,093		4.12	%
Other Balances
Cash and due from banks	$	40,389						$	48,936						$	38,787
Other assets		68,539							61,593							53,152
Total assets		1,628,792							1,464,161							1,258,942
Demand deposits (noninterest-bearing)		232,279							230,992							191,311
Other liabilities		6,435							3,487							9,220
Stockholders' equity		90,140							90,917							73,543