Charles Evangelakos
Since becoming a member of the Bank's Board of Directors in 1997, Mr. Evangelakos has become very active in the Bank's affairs. He has served as Chairman of the Bank's Audit Committee which seeks to ensure that the internal controls and managerial policies are not compromised. He also serves as Chairman of the Bank's Benefits and Compensation Committee.

Mr. Evangelakos is a Senior Vice President for Sagemark Consulting where he provides financial, tax, and estate planning for individual and corporate clients. Mr. Evangelakos has three children - including twin toddlers (a boy and a girl) - and lives in Brookline with his wife Margaret.

George P. Demeter
One of the original founders of the Bank, Mr. Demeter owns a number of commercial properties in Boston, particularly in the Back Bay. Through a number of professional real estate entities, Mr. Demeter manages a portfolio of residential housing units. Mr. Demeter serves as the Chairman of the Board of Mercantile Capital Corp. - the holding company for the Bank. Mr. Demeter lives in Boston with his wife, Catherine who serves as the Vice Consul of the Greek Consulate General in Boston. He is married and the father of three children. Mr. Demeter is actively involved in a number of charitable organizations including the Alpha-Omega Society and Hellenic College.

Steven T.Ladoulis, Esquire
Mr. Ladoulis has been a member of the Board of Directors since its inception in 1988. In prior years, he has also assumed several managerial positions within the Bank - including interim Senior Lending Officer.

He currently serves on the Bank's Executive Committee. He has served as Chairman of the Bank's Loan Committee for the past three years. Now semi-retired from his law practice, Mr. Ladoulis brings many years of experience to the Board. He is a licensed pilot and flies recreationally. He currently lives in Chestnut Hill with his wife Lillian.

Charles P. Monaghan
President & CEO
Charley joined the Bank as President and CEO in 2001. He brings 30 years of banking experience in commercial lending and bank management, most recently as SVP and CLO of Primary Bank in New Hampshire. Previously, Charley held management positions in community and super regional banking organizations in Pennsylvania, Colorado, and Wisconsin. Charley is active in a number of community and professional organizations. He and his wife Diane reside in Boston.

Panos G. Demeter
Panos Demeter joined the Bank's Board of Directors in 1996 and since 1997 has served as the Chairman. Panos is very active in the Boston real estate community. Panos and his development team were recently selected to convert the historic District 4 Police station building in the South End neighborhood of Boston into luxury residential units. The building will be designed by world famous Philippe Starck and will also benefit from an enviromentally friendly green roof.

Panos serves on a number of committees for the Board of Directors, including the Loan Committee, Audit Committee, Social Responsibility Committee and Benefits and Compensation Committee. Panos lives in Boston with his wife Sara, who is a linguistic technology specialist. He is on the board of trustees of the Alpha Omega Council of Boston. He has an undergraduate degree from Babson College and an MBA from Columbia Business School with a concentration in real estate finance.

Randal Rucker
Mr. Rucker is the newest member of the Bank's Board of Directors having joined the Bank in March 2003. Since his having graduated from MIT, Mr. Rucker has been actively and increasingly involved in community service - most notably in the health care industry. Mr. Rucker currently serves as the Chief Executive Officer of Family Services of Greater Boston. Given his background in community service, Mr. Rucker was very instrumental in developing the Bank's Social Responsibility Committee. Not coincidentally, Mr. Rucker currently serves as the Chairman of that committee. In his spare time, he enjoys hot-air ballooning. Mr. Rucker lives in Milton.

Charles Uglietto
Mr. Uglietto joined the Bank's Board of Directors in 1998. He is the President and CEO of Cubby Oil Co., Inc., a Somerville-based distributor of home heating fuels.

Mr. Uglietto serves on a number of Committees for the Board of Directors including but not limited to, Audit Committee and Social Responsibility Committee.

Mr. Uglietto lives in Belmont with his wife Robin and their three children. He is actively involved in Belmont Youth Hockey as well as other community based organizations.