Sun Bancorp, Inc. serves as the holding company for Sun National Bank (the Bank). Through the Bank, the Company provides commercial and retail banking services. The Company’s lending services to businesses include term loans and lines of credit, mortgage loans, construction loans, and equipment leasing. The Company’s commercial deposit services include business checking accounts and cash management services, such as electronic banking, sweep accounts, lockbox services, Internet banking, remote deposit and controlled disbursement services. As of December 31, 2008, the Company had 70 locations, including 62 Community Banking Centers in New Jersey and five Commercial Lending Centers, including one located in Wilmington, Delaware. The Company’s primary market area consists of the State of New Jersey. Its lending services to consumers include residential mortgage loans, residential construction loans, second mortgage loans, home equity loans and installment loans.