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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20540
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SCHEDULE 13G
CURRENT REPORT
UNDER THE SECURITIES EXCHANGE ACT OF 1934
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Pennsylvania Commerce Bancorp, Inc.
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(Name of Issuer)
Voting Common Stock
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(Title of Class of Securities)
708677 109
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(CUSIP Number)
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CUSIP No. 708677 109
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Commerce Bancorp, Inc.
2. Check the appropriate box if a Member of a Group (See Instructions).
N/A
3. SEC Use Only._____________________________________________
4. Citizenship or place of organization
United States
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power 143,700 (1)
6. Shared Voting Power 0
7. Sole Dispositive Power 143,700 (1)
8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
143,700
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
N/A
11. Percent of Class Represented by Amount in Row (9) 9.2%
12. Type of Reporting Person (See Instructions) CO
(1) These shares are also reported as beneficially owned by Vernon W. Hill, II,
the Chairman of the Board, President & CEO of Commerce Bancorp, Inc. Does not
include 112,567 shares (adjusted for stock splits and dividends) of the Issuer's
Common Stock which Commerce Bancorp, Inc. is entitled to purchase in the event
of a "change in control" (as defined in the warrant agreement) of the issuer.
Such warrants are fully transferrable and expire on October 7, 2008.
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Item 1.
(a) Name of Issuer - Pennsylvania Commerce Bancorp, Inc.
(b) Address of Issuer's Principal Executive Offices - 100 Senate Avenue
Camp Hill, PA 17011
Item 2.
(a) Name of Person Filing - Commerce Bancorp, Inc.
(b) Address of Principal Business Office - 1701 Route 70 East
Cherry Hill, NJ 08034-5000
(c) Citizenship - United States
(d) Title of Class of Securities - Common Stock $1.00 par value
(e) CUSIP Number - 708677 109
Item 3. N/A
Item 4. Ownership - See Numbers 5, 6. 7, 8 and 9 above
Item 5. Ownership of Five Percent or Less of a Class - N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person - N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security being Reported on By the Parent Holding Company - N/A
Item 8. Identification and Classification of Members of the Group - N/A
Item 9. Notice of Dissolution of Group - N/A
Item 10. Certification - N/A
(a) By signing below, I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
2/10/00
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Date
/s/ Commerce Bancorp, Inc.
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Signature
