<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION</B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>Washington, D.C. 20549 </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>FORM S-8</B><BR>REGISTRATION STATEMENT<BR>UNDER THE SECRUITIES ACT OF 1933</FONT></P>

<!-- MARKER FORMAT-SHEET="Head Center Underline-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B><U>NEW COMMERCE BANCORP</U></B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Exact Name of Small Business Issuer as Specified in its Charter)</FONT></P>

     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD WIDTH=35% align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
          <TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;</FONT></TD>
          <TD WIDTH=35% align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=3><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58-2403844&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></FONT></TD>
          </TR>

          <TR VALIGN=TOP>
          <TD WIDTH=35% align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(State of Incorporation)</FONT></TD>
          <TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;</FONT></TD>
          <TD WIDTH=35% align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2> (I.R.S. Employer Identification No.)</FONT></TD>
          </TR>

          </TABLE>
          <BR>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>501 New Commerce
Court<BR><U>Greenville, South Carolina 29607 </U></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Address of Principal Executive Offices)&nbsp;&nbsp;&nbsp;(Zip Code)</FONT></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>New Commerce BanCorp Amended 1999 Stock Incentive Plan<BR>
Organizer Warrants</FONT><BR><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Full Titles of the Plans)</FONT></P>



<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Frank Wingate<BR>Chief Executive Officer<BR>
New Commerce BanCorp<BR>501 New Commerce Court<BR>Greenville, South Carolina 29607<BR><u>(864) 297-6333</u>
</FONT><BR><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Issuer's Telephone Number, Including Area Code)</FONT></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>______________________<BR>Copies Requested to:<BR><BR>Neil E. Grayson<BR>
Nelson Mullins Riley &amp; Scarborough, L.L.P.<BR>104 South Main Street, Suite 900<BR>Greenville, South Carolina 29601<BR>(864) 250-2235<BR>
(864) 250-2359 (Fax)<BR>__________________</FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=760>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Title of Securities</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Amount to be</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Proposed Maximum</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Proposed Maximum</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Amount of</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>to be Registered</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Registered</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Offering Price</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Aggregate Offering</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Registration Fee</FONT></TH></TR>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1></FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1></FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>per Share</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Price</FONT></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=35% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>Common Stock, $.01 par value</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=11% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>250,000</FONT></TD>
        <TD WIDTH=7% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1)</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$</FONT></TD><TD WIDTH=7% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>  10.30</FONT></TD>
        <TD WIDTH=6% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3)</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$</FONT></TD><TD WIDTH=11% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 2,575,000</FONT></TD>
        <TD WIDTH=7% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3)</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$</FONT></TD><TD WIDTH=7% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 326.25</FONT></TD>
        <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Common Stock, $.01 par value</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>90,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2)</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>  10.00</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4)</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>   900,000</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4)</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$</FONT></TD><TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2> 114.03</FONT></TD>
        <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1)&nbsp;&nbsp;&nbsp;&nbsp;Represents shares of common stock issuable under the New Commerce BanCorp
          Amended 1999 Stock Incentive Plan.<BR>(2)&nbsp;&nbsp;&nbsp;&nbsp;Represents shares of common stock
          issuable underlying warrants granted to our organizers.<BR>(3)&nbsp;&nbsp;&nbsp;&nbsp;In accordance with
          Rule 457 (c), the registration fee is based upon the average of the bid and asked price as of July 29, 2004.<BR>(4)&nbsp;&nbsp;&nbsp;&nbsp;In accordance with Rule 457(h), the registration fee is based upon the price at
          which the warrant may be exercised. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In addition, pursuant to Rule 416(c)
under the Securities Act of 1933, this registration statement also covers an indeterminate
amount of interests to be offered or sold pursuant to the employee benefit plan described
herein. </FONT></P>


<!-- MARKER PAGE="sheet: 1; page: 1" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>PART II</B></FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Default" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>INFORMATION REQUIRED IN
THE REGISTRATION STATEMENT</B></FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 3.&nbsp;&nbsp;Incorporation of Documents by Reference.</B></FONT>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following documents filed by us with the SEC are incorporated by reference into this
registration statement, and all documents subsequently filed by us pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 shall be incorporated by
reference in this registration statement and shall be a part of this registration
statement from the date of filing of the documents: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;
          our Annual Report on Form 10-KSB for the year ended December 31, 2003 filed with
          the SEC on March 25, 2004; </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;
          our Quarterly Reports on Form 10-QSB for the fiscal quarters ended March 31,
          2004 and June 30, 2004; </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- TNR" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          our Current Reports on Form 8-K filed on January 20, 2004, January 30, 2004,
          April 20, 2004 and July 21, 2004; </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- TNR" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) &nbsp;&nbsp;&nbsp;&nbsp;The description of our common stock contained in our registration statement on
               Form SB-2 filed on January 14, 1999, and any<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amendment or report filed with the
               Commission for the purposes of updating such description.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 4.&nbsp;&nbsp;Description of Securities</B></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
response required pursuant to this item. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 5.&nbsp;&nbsp;Interests of Named Experts and Counsel.</B></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No response
required to this item. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 6.&nbsp;&nbsp;Indemnification of Directors and Officers.</B></FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New
Commerce BanCorp&#146;s articles of incorporation contain a provision which, subject to
certain limited exceptions, limits the liability of a director to New Commerce BanCorp or
its shareholders for any breach of duty as a director. There is no limitation of liability
for: a breach of duty involving appropriation of a business opportunity of New Commerce
BanCorp; an act or omission which involves intentional misconduct or a knowing violation
of law; any transaction from which the director derives an improper personal benefit; or
as to any payments of a dividend or any other type of distribution that is illegal under
Section 33-8-330 of the South Carolina Business Corporation Act of 1988 (the
&#147;Corporation Act&#148;). In addition, if at any time the Corporation Act shall have
been amended to authorize further elimination or limitation of the liability of director,
then the liability of each director of New Commerce BanCorp shall be eliminated or limited
to the fullest extent permitted by such provisions, as so amended, without further action
by the shareholders, unless the provisions of the Corporation Act require such action. The
provision does not limit the right of New Commerce BanCorp or its shareholders to seek
injunctive or other equitable relief not involving payments in the nature of monetary
damages.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New
Commerce BanCorp&#146;s bylaws contain certain provisions which provide that the company
shall indemnify directors to the maximum extent provided by South Carolina law. This
protection is broader than the protection expressly mandated in Sections 33-8-510 and
33-8-520 of the South Carolina Business Corporation Act. These statutory sections provide
that a company shall indemnify a director or an officer only to the extent that he has
been wholly successful, on the merits or otherwise, in the defense of any action or
proceeding brought by reason of the fact that the person was a director or officer. This
requirement would include indemnifying directors against expenses, including
attorney&#146;s fees, actually and reasonably incurred in connection with the matter. In
addition to this mandatory indemnification right, our bylaws provide additional mandatory
protection that includes, but is not limited to, situations where the director (a)
conducted himself in good faith, (b) reasonably believed that conduct in his official
capacity with the corporation was either in the corporation&#146;s best interest or was
not opposed to the best interest of the corporation; and (c) that he had no reasonable
cause to believe his conduct was unlawful. </FONT></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2</FONT></P>
<!-- MARKER PAGE="sheet: 2; page: 2" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
board of directors also has the authority to extend to officers, employees, and agents the
same indemnification rights held by directors, subject to all of the accompanying
conditions and obligations. The board of directors intends to extend indemnification
rights to all of its executive officers. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Securities and Exchange Commission has informed us that indemnification for officers,
directors, and controlling persons for liabilities arising under the Securities Act of
1933 is against public policy as expressed in the Securities Act of 1933 and is,
therefore, unenforceable. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have the power to purchase and maintain insurance on behalf of any person who is or was a
director, officer, employee, or agent against any liability asserted against him or
incurred by him in any such capacity, whether or not we would have the power to indemnify
him against such liability under the bylaws. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 7.&nbsp;&nbsp;Exemption from Registration Claimed.</B></FONT></P>


<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
response is required to this item. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 8.&nbsp;&nbsp;Exhibits. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following exhibits are filed with this Registration Statement: </FONT></P>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit<BR>
<U>Number</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Description of Exhibit</U></FONT></P>



<!-- MARKER FORMAT-SHEET="Para Hang Lv 5-TNR" FSL="Default" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.1</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Articles of  Incorporation  of the Company (incorporated  by reference to Exhibit 3.2 of the
Company's Registration Statement on Form SB-2; File No. 333-70589).</FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.2</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bylaws  of  the  Company (incorporated  by  reference  to  Exhibit  3.3  of  the  Company's
Registration Statement on Form SB-2; File No. 333-70589).</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.3</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form of  certificate  of common  stock (incorporated  by  reference  to  Exhibit  3.4 to the
Company's Registration Statement on Form SB-2; File No. 333-705897).</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.4</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>New Commerce  BanCorp 1999 Stock Incentive Plan (incorporated  by reference to Exhibit 10.10
of the Company's Form 10-KSB filed on March 27, 2000).</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.5</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form of  Warrant  Agreement (incorporated  by  reference  to Exhibit  10.8 of the  Company's
Registration Statement on Form SB-2, File No. 333-70589).</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.6</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>New Commerce BanCorp Amended 1999 Stock Incentive Plan (incorporated by reference to Exhibit
10.7 of the Company's Form 10-KSB filed on March 25, 2004, File No. 000-26061).</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.1</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Legal Opinion of Nelson Mullins Riley &amp; Scarborough, L.L.P.</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.1</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of Independent Registered Public Accounting Firm</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.2</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of Nelson  Mullins Riley &amp;Scarborough,  L.L.P. contained in their opinion filed as
Exhibit 5.1</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power of Attorney contained on the signature pages of this registration statement</FONT></TD>
</TR>
</TABLE>
<BR>


<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3</FONT></P>
<!-- MARKER PAGE="sheet: 3; page: 3" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 9.&nbsp;&nbsp;Undertakings.</B></FONT></P>

<!-- MARKER FORMAT-SHEET="Head Sub 2 Left-TNR" FSL="Workstation" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company hereby undertakes:</FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Hang Lvl 3-TNR" FSL="Workstation" -->
     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
          <TD WIDTH=94%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          To file, during any period in which offers or sales are being made, a
          post-effective amendment to this registration statement: </FONT></TD>
          </TR>
          </TABLE>
          <BR>

<!-- MARKER FORMAT-SHEET="Para (List) Hang Lvl 4-TNR" FSL="Workstation" -->
          <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i) </FONT></TD>
               <TD WIDTH=81%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To include any prospectus required by Section 10(a)(3) of the Securities Act of
          1933;  </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para (List) Hang Lvl 4-TNR" FSL="Workstation" -->
          <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(ii) </FONT></TD>
               <TD WIDTH=81%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               To reflect in the prospectus any facts or events which, individually or
               together, represent a fundamental change in the information in the registration
               statement. Notwithstanding the foregoing, any increase or decrease in volume of
               securities offered (if the total dollar value of securities offered would not
               exceed that which was registered) and any deviation from the low or high end of
               the estimated maximum offering range may be reflected in the form of prospectus
               filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
               changes in volume and price represent no more than a 20 percent change in the
               maximum aggregate offering price set forth in the &#147;Calculation of
               Registration Fee&#148; table in the effective registration statement; </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para (List) Hang Lvl 4-TNR" FSL="Workstation" -->
          <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(iii) </FONT></TD>
               <TD WIDTH=81%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               To include any additional or changed material information on the plan of
               distribution; provided, however, that the undertakings set forth in paragraph
               (i) and (ii) above do not apply if the information required to be included in a
               post-effective amendment by those paragraphs is contained in periodic reports
               filed with or furnished to the Commission pursuant to Section 13 or 15(d) of the
               Exchange Act of 1934 that are incorporated by reference in this registration
               statement; </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para (List) Hang Lvl 3-TNR" FSL="Workstation" -->
     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
          <TD WIDTH=94%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          That, for the purpose of determining any liability under the Securities Act,
          each such post-effective amendment shall be deemed to be a new registration
          statement relating to the securities offered therein, and the offering of such
          securities at that time shall be deemed to be the initial bona fide offering
          thereof; </FONT></TD>
          </TR>
          </TABLE>
          <BR>

<!-- MARKER FORMAT-SHEET="Para (List) Hang Lvl 3-TNR" FSL="Default" -->
     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3) </FONT></TD>
          <TD WIDTH=94%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          To remove from registration by means of a post-effective amendment any of the
          securities being registered which remain unsold at the termination of the
          offering. </FONT></TD>
          </TR>
          </TABLE>
          <BR>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4</FONT></P>
<!-- MARKER PAGE="sheet: 4; page: 4" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES</FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, New Commerce BanCorp certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the city of Greenville, State of South
Carolina, on this 6th day of August, 2004. </FONT></P>

<!-- MARKER FORMAT-SHEET="Signature (Single)" FSL="Project" -->
<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NEW COMMERCE BANCORP<BR></FONT></TD>
</TR>
</Table>
<BR><BR>
<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By:&nbsp;&nbsp; <U>/s/ &nbsp;Frank W. Wingate&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></font></TD></TR>
<TR VALIGN=TOP>
<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frank W. Wingate</font></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>POWER OF ATTORNEY </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW
ALL MEN BY THESE PRESENTS that each of the undersigned officers and directors of New
Commerce BanCorp (the &#147;Company&#148;), a South Carolina corporation, for himself and
not for one another, does hereby constitute and appoint Frank W. Wingate a true and lawful
attorney in his name, place and stead, in any and all capacities, to sign his name to any
and all amendments, including post-effective amendments, to this Registration Statement,
and to cause the same (together with all Exhibits thereto) to be filed with the Securities
and Exchange Commission, granting unto such attorney full power and authority to do and
perform any act and thing necessary and proper to be done in the premises, as fully to all
intents and purposes as the undersigned could do if personally present, and each of the
undersigned for himself hereby ratifies and confirms all that the attorney shall lawfully
do or cause to be done by virtue hereof. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, this registration statement has been
signed by the following persons in the capacities and on the dates indicated. </FONT></P>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Signature</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Title</U></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Date</U></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Richard W. Baily</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>


<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Richard W. Baily</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Timothy A. Brett</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>


<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Timothy A. Brett</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>




<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Marshall J. Collins</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Marshall J. Collins</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Ralph S. Crawley</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ralph S. Crawley</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>
<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Mitchell Gault</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mitchell Gault</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>



<BR><BR>
<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></P>
<!-- MARKER PAGE="sheet: 19; page: 19" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>





<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Signature</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Title</U></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Date</U></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Tommy D. Greer</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Tommy D. Greer</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Bobby L. Johnson</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bobby L. Johnson</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Robert T. Kellet</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Robert T. Kellet</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>



<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Dennis O. Raines</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dennis O. Raines</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/ Frank W. Wingate</U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Frank W. Wingate</FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director &amp; Chief<BR>Executive Officer</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>/s/  R. Lamar Simpson </U></FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2> R. Lamar Simpson </FONT></TD>
<TD WIDTH=30% align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Principal Accounting<BR>Officer &amp; Chief<BR>Financial Officer</FONT></TD>
<TD WIDTH=30%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>August 6, 2004</FONT></TD>
</TR>
</TABLE>
<BR>

<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6 </FONT></P>
<!-- MARKER PAGE="sheet: 6; page: 6" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit<BR>
<U>Number</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Description of Exhibit</U></FONT></P>



<!-- MARKER FORMAT-SHEET="Para Hang Lv 5-TNR" FSL="Default" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.1</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Articles of  Incorporation  of the Company (incorporated  by reference to Exhibit 3.2 of the
Company's Registration Statement on Form SB-2; File No. 333-70589).</FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.2</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bylaws  of  the  Company (incorporated  by  reference  to  Exhibit  3.3  of  the  Company's
Registration Statement on Form SB-2; File No. 333-70589).</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.3</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form of  certificate  of common  stock (incorporated  by  reference  to  Exhibit  3.4 to the
Company's Registration Statement on Form SB-2; File No. 333-705897).</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.4</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>New Commerce  BanCorp 1999 Stock Incentive Plan (incorporated  by reference to Exhibit 10.10
of the Company's Form 10-KSB filed on March 27, 2000).</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.5</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form of  Warrant  Agreement (incorporated  by  reference  to Exhibit  10.8 of the  Company's
Registration Statement on Form SB-2, File No. 333-70589.</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.6</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>New Commerce BanCorp Amended 1999 Stock Incentive Plan (incorporated by reference to Exhibit
10.7 of the Company's Form 10-KSB filed on March 25, 2004, File No. 000-26061).</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.1</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Legal Opinion of Nelson Mullins Riley &amp; Scarborough, L.L.P.</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.1</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of Independent Registered Public Accounting Firm</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.2</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of Nelson  Mullins Riley &amp; Scarborough,  L.L.P. contained in their opinion filed as
Exhibit 5.1</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=0%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power of Attorney contained on the signature pages of this registration statement</FONT></TD>
</TR>
</TABLE>
<BR>



<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7</FONT></P>








</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "forms8-080604.htm", "description": "080604", "secsgml_size_bytes": 47556}]
{"company-data": {"conformed-name": "NEW COMMERCE BANCORP", "cik": "0001075945", "assigned-sic": "6021", "irs-number": "582403844", "state-of-incorporation": "SC", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-117982", "film-number": "04956922"}, "business-address": {"street1": "501 NEW COMMERCE COURT", "city": "GREENVILLE", "state": "SC", "zip": "29607", "phone": "864 297 6333"}, "mail-address": {"street1": "P.O. DRAWER 129", "city": "MAULDIN", "state": "SC", "zip": "29662"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECRUITIES ACT OF 1933
NEW COMMERCE BANCORP
(Exact Name of Small Business Issuer as Specified in its Charter)
South Carolina
58-2403844
(State of Incorporation)
(I.R.S. Employer Identification No.)
501 New Commerce
Court
Greenville, South Carolina 29607
(Address of Principal Executive Offices)   (Zip Code)
New Commerce BanCorp Amended 1999 Stock Incentive Plan
Organizer Warrants
(Full Titles of the Plans)
Frank Wingate
Chief Executive Officer
New Commerce BanCorp
501 New Commerce Court
Greenville, South Carolina 29607
(864) 297-6333
(Issuer's Telephone Number, Including Area Code)
______________________
Copies Requested to:
Neil E. Grayson
Nelson Mullins Riley & Scarborough, L.L.P.
104 South Main Street, Suite 900
Greenville, South Carolina 29601
(864) 250-2235
(864) 250-2359 (Fax)
__________________
Title of Securities
Amount to be
Proposed Maximum
Proposed Maximum
Amount of
to be Registered
Registered
Offering Price
Aggregate Offering
Registration Fee
per Share
Price
Common Stock, $.01 par value
250,000
(1)
$
10.30
(3)
$
2,575,000
(3)
$
326.25
Common Stock, $.01 par value
90,000
(2)
$
10.00
(4)
$
900,000
(4)
$
114.03
(1)    Represents shares of common stock issuable under the New Commerce BanCorp
          Amended 1999 Stock Incentive Plan.
(2)    Represents shares of common stock
          issuable underlying warrants granted to our organizers.
(3)    In accordance with
          Rule 457 (c), the registration fee is based upon the average of the bid and asked price as of July 29, 2004.
(4)    In accordance with Rule 457(h), the registration fee is based upon the price at
          which the warrant may be exercised.
In addition, pursuant to Rule 416(c)
under the Securities Act of 1933, this registration statement also covers an indeterminate
amount of interests to be offered or sold pursuant to the employee benefit plan described
herein.
PART II
INFORMATION REQUIRED IN
THE REGISTRATION STATEMENT
Item 3.  Incorporation of Documents by Reference.
The
following documents filed by us with the SEC are incorporated by reference into this
registration statement, and all documents subsequently filed by us pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 shall be incorporated by
reference in this registration statement and shall be a part of this registration
statement from the date of filing of the documents:
(a)    
          our Annual Report on Form 10-KSB for the year ended December 31, 2003 filed with
          the SEC on March 25, 2004;
(b)    
          our Quarterly Reports on Form 10-QSB for the fiscal quarters ended March 31,
          2004 and June 30, 2004;
(c)     
          our Current Reports on Form 8-K filed on January 20, 2004, January 30, 2004,
          April 20, 2004 and July 21, 2004;
(d)     The description of our common stock contained in our registration statement on
               Form SB-2 filed on January 14, 1999, and any
amendment or report filed with the
               Commission for the purposes of updating such description.
Item 4.  Description of Securities
No
response required pursuant to this item.
Item 5.  Interests of Named Experts and Counsel.
No response
required to this item.
Item 6.  Indemnification of Directors and Officers.
New
Commerce BanCorp's articles of incorporation contain a provision which, subject to
certain limited exceptions, limits the liability of a director to New Commerce BanCorp or
its shareholders for any breach of duty as a director. There is no limitation of liability
for: a breach of duty involving appropriation of a business opportunity of New Commerce
BanCorp; an act or omission which involves intentional misconduct or a knowing violation
of law; any transaction from which the director derives an improper personal benefit; or
as to any payments of a dividend or any other type of distribution that is illegal under
Section 33-8-330 of the South Carolina Business Corporation Act of 1988 (the
"Corporation Act"). In addition, if at any time the Corporation Act shall have
been amended to authorize further elimination or limitation of the liability of director,
then the liability of each director of New Commerce BanCorp shall be eliminated or limited
to the fullest extent permitted by such provisions, as so amended, without further action
by the shareholders, unless the provisions of the Corporation Act require such action. The
provision does not limit the right of New Commerce BanCorp or its shareholders to seek
injunctive or other equitable relief not involving payments in the nature of monetary
damages.
New
Commerce BanCorp's bylaws contain certain provisions which provide that the company
shall indemnify directors to the maximum extent provided by South Carolina law. This
protection is broader than the protection expressly mandated in Sections 33-8-510 and
33-8-520 of the South Carolina Business Corporation Act. These statutory sections provide
that a company shall indemnify a director or an officer only to the extent that he has
been wholly successful, on the merits or otherwise, in the defense of any action or
proceeding brought by reason of the fact that the person was a director or officer. This
requirement would include indemnifying directors against expenses, including
attorney's fees, actually and reasonably incurred in connection with the matter. In
addition to this mandatory indemnification right, our bylaws provide additional mandatory
protection that includes, but is not limited to, situations where the director (a)
conducted himself in good faith, (b) reasonably believed that conduct in his official
capacity with the corporation was either in the corporation's best interest or was
not opposed to the best interest of the corporation; and (c) that he had no reasonable
cause to believe his conduct was unlawful.
2
Our
board of directors also has the authority to extend to officers, employees, and agents the
same indemnification rights held by directors, subject to all of the accompanying
conditions and obligations. The board of directors intends to extend indemnification
rights to all of its executive officers.
The
Securities and Exchange Commission has informed us that indemnification for officers,
directors, and controlling persons for liabilities arising under the Securities Act of
1933 is against public policy as expressed in the Securities Act of 1933 and is,
therefore, unenforceable.
We
have the power to purchase and maintain insurance on behalf of any person who is or was a
director, officer, employee, or agent against any liability asserted against him or
incurred by him in any such capacity, whether or not we would have the power to indemnify
him against such liability under the bylaws.
Item 7.  Exemption from Registration Claimed.
No
response is required to this item.
Item 8.  Exhibits.
The
following exhibits are filed with this Registration Statement:
Exhibit
Number
Description of Exhibit
4.1
Articles of  Incorporation  of the Company (incorporated  by reference to Exhibit 3.2 of the
Company's Registration Statement on Form SB-2; File No. 333-70589).
4.2
Bylaws  of  the  Company (incorporated  by  reference  to  Exhibit  3.3  of  the  Company's
Registration Statement on Form SB-2; File No. 333-70589).
4.3
Form of  certificate  of common  stock (incorporated  by  reference  to  Exhibit  3.4 to the
Company's Registration Statement on Form SB-2; File No. 333-705897).
4.4
New Commerce  BanCorp 1999 Stock Incentive Plan (incorporated  by reference to Exhibit 10.10
of the Company's Form 10-KSB filed on March 27, 2000).
4.5
Form of  Warrant  Agreement (incorporated  by  reference  to Exhibit  10.8 of the  Company's
Registration Statement on Form SB-2, File No. 333-70589).
4.6
New Commerce BanCorp Amended 1999 Stock Incentive Plan (incorporated by reference to Exhibit
10.7 of the Company's Form 10-KSB filed on March 25, 2004, File No. 000-26061).
5.1
Legal Opinion of Nelson Mullins Riley & Scarborough, L.L.P.
23.1
Consent of Independent Registered Public Accounting Firm
23.2
Consent of Nelson  Mullins Riley &Scarborough,  L.L.P. contained in their opinion filed as
Exhibit 5.1
24
Power of Attorney contained on the signature pages of this registration statement
3
Item 9.  Undertakings.
The
Company hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a
          post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act of
          1933;
(ii)
To reflect in the prospectus any facts or events which, individually or
               together, represent a fundamental change in the information in the registration
               statement. Notwithstanding the foregoing, any increase or decrease in volume of
               securities offered (if the total dollar value of securities offered would not
               exceed that which was registered) and any deviation from the low or high end of
               the estimated maximum offering range may be reflected in the form of prospectus
               filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
               changes in volume and price represent no more than a 20 percent change in the
               maximum aggregate offering price set forth in the "Calculation of
               Registration Fee" table in the effective registration statement;
(iii)
To include any additional or changed material information on the plan of
               distribution; provided, however, that the undertakings set forth in paragraph
               (i) and (ii) above do not apply if the information required to be included in a
               post-effective amendment by those paragraphs is contained in periodic reports
               filed with or furnished to the Commission pursuant to Section 13 or 15(d) of the
               Exchange Act of 1934 that are incorporated by reference in this registration
               statement;
(2)
That, for the purpose of determining any liability under the Securities Act,
          each such post-effective amendment shall be deemed to be a new registration
          statement relating to the securities offered therein, and the offering of such
          securities at that time shall be deemed to be the initial bona fide offering
          thereof;
(3)
To remove from registration by means of a post-effective amendment any of the
          securities being registered which remain unsold at the termination of the
          offering.
4
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, New Commerce BanCorp certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the city of Greenville, State of South
Carolina, on this 6th day of August, 2004.
NEW COMMERCE BANCORP
By:
/s/  Frank W. Wingate
Frank W. Wingate
POWER OF ATTORNEY
KNOW
ALL MEN BY THESE PRESENTS that each of the undersigned officers and directors of New
Commerce BanCorp (the "Company"), a South Carolina corporation, for himself and
not for one another, does hereby constitute and appoint Frank W. Wingate a true and lawful
attorney in his name, place and stead, in any and all capacities, to sign his name to any
and all amendments, including post-effective amendments, to this Registration Statement,
and to cause the same (together with all Exhibits thereto) to be filed with the Securities
and Exchange Commission, granting unto such attorney full power and authority to do and
perform any act and thing necessary and proper to be done in the premises, as fully to all
intents and purposes as the undersigned could do if personally present, and each of the
undersigned for himself hereby ratifies and confirms all that the attorney shall lawfully
do or cause to be done by virtue hereof.
Pursuant
to the requirements of the Securities Act of 1933, this registration statement has been
signed by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Richard W. Baily
Richard W. Baily
Director
August 6, 2004
/s/ Timothy A. Brett
Timothy A. Brett
Director
August 6, 2004
/s/ Marshall J. Collins
Marshall J. Collins
Director
August 6, 2004
/s/ Ralph S. Crawley
Ralph S. Crawley
Director
August 6, 2004
/s/ Mitchell Gault
Mitchell Gault
Director
August 6, 2004
5
Signature
Title
Date
/s/ Tommy D. Greer
Tommy D. Greer
Director
August 6, 2004
/s/ Bobby L. Johnson
Bobby L. Johnson
Director
August 6, 2004
/s/ Robert T. Kellet
Robert T. Kellet
Director
August 6, 2004
/s/ Dennis O. Raines
Dennis O. Raines
Director
August 6, 2004
/s/ Frank W. Wingate
Frank W. Wingate
Director & Chief
Executive Officer
August 6, 2004
/s/  R. Lamar Simpson
R. Lamar Simpson
Principal Accounting
Officer & Chief
Financial Officer
August 6, 2004
6
Exhibit
Number
Description of Exhibit
4.1
Articles of  Incorporation  of the Company (incorporated  by reference to Exhibit 3.2 of the
Company's Registration Statement on Form SB-2; File No. 333-70589).
4.2
Bylaws  of  the  Company (incorporated  by  reference  to  Exhibit  3.3  of  the  Company's
Registration Statement on Form SB-2; File No. 333-70589).
4.3
Form of  certificate  of common  stock (incorporated  by  reference  to  Exhibit  3.4 to the
Company's Registration Statement on Form SB-2; File No. 333-705897).
4.4
New Commerce  BanCorp 1999 Stock Incentive Plan (incorporated  by reference to Exhibit 10.10
of the Company's Form 10-KSB filed on March 27, 2000).
4.5
Form of  Warrant  Agreement (incorporated  by  reference  to Exhibit  10.8 of the  Company's
Registration Statement on Form SB-2, File No. 333-70589.
4.6
New Commerce BanCorp Amended 1999 Stock Incentive Plan (incorporated by reference to Exhibit
10.7 of the Company's Form 10-KSB filed on March 25, 2004, File No. 000-26061).
5.1
Legal Opinion of Nelson Mullins Riley & Scarborough, L.L.P.
23.1
Consent of Independent Registered Public Accounting Firm
23.2
Consent of Nelson  Mullins Riley & Scarborough,  L.L.P. contained in their opinion filed as
Exhibit 5.1
24
Power of Attorney contained on the signature pages of this registration statement
7