Tennessee Commerce Bancorp Hires Frank Perez as Chief Financial Officer

FRANKLIN, Tenn.--(Business Wire)--
Tennessee Commerce Bancorp, Inc. (NASDAQ: TNCC) today announced
that Frank Perez has been hired as Chief Financial Officer. Mr. Perez
replaces Lamar Cox, Acting Chief Financial Officer. Mr. Cox will
continue as Tennessee Commerce's Chief Administrative Officer.

"We are pleased to announce that Frank Perez is joining Tennessee
Commerce as our Chief Financial Officer," said President Mike Sapp.
"Frank has solid experience in bank accounting, SEC reporting,
Sarbanes-Oxley and other regulatory compliance. He brings a blend of
professional and interpersonal skills that will fit well with our
management team and philosophy.

"Prior to his tenure as CFO for another Tennessee bank, Frank held
senior accounting positions with companies in Brentwood and Franklin.
We are pleased to welcome him back to Franklin as our new CFO. We look
forward to growing Tennessee Commerce with Frank as a senior member of
our management team," concluded Mr. Sapp.

Before joining Tennessee Commerce, Mr. Perez served as Vice
President and Chief Financial Officer for Cumberland Bank & Trust in
Clarksville, Tennessee. As Cumberland's CFO, he was responsible for
accounting management, financial analysis, cash management, technology
integration and regulatory compliance.

Mr. Perez is a Certified Public Accountant. He is a member of the
Tennessee Society of Certified Public Accountants as well as a member
of the American Institute of CPAs. He is also a member of the
Financial Institutions Committee (2007) of the Tennessee Society of
Certified Public Accountants.

Prior to joining Cumberland Bank & Trust, Mr. Perez was a senior
accountant for AIG American General and served as audit manager and
senior accountant for public accounting firms. He also served in the
United States Army for a period of ten years. Mr. Perez is an active
participant in numerous civic and community activities.

About Tennessee Commerce Bancorp, Inc.

Tennessee Commerce Bancorp, Inc. is the parent company of
Tennessee Commerce Bank. The Bank provides a wide range of banking
services and is primarily focused on business accounts. Its corporate
and banking offices are located in Franklin, Tennessee, and it has
loan production offices in Birmingham, Alabama, Minneapolis, Minnesota
and Atlanta, Georgia. Tennessee Commerce Bancorp's stock is traded on
The NASDAQ Global Market under the symbol TNCC.

Additional information concerning Tennessee Commerce Bancorp can
be accessed at www.tncommercebank.com.

Tennessee Commerce Bancorp, Inc.
Lamar Cox, 615-599-2274
Acting Chief Financial Officer

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