UNITED STATES SECURITIES AND EXCHANGE COMMISSION ~~Washington, D.C. 20549~~

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 orOR 15(d) of ~~the~~The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~September~~October 147, 2010

Comm Bancorp, Inc. ~~(Exact name of registrant as specified in its charter)~~

Pennsylvania		0-17455		23-2242292
(State or other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

(Exact name of registrant as specified in its charter)

125 North State Street, Clarks Summit, PA	18411
Pennsylvania	0-17455	23-2242292
(Address of Principal Executive Offices)	(Zip Code)
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Registrant’s telephone number, including area code: (570) 586-0377


125 North State Street, Clarks Summit, PA		18411

(Address of principal executive offices)		(Zip Code)

~~(Former~~Registrant’s ~~name~~telephone ornumber, ~~former~~including ~~address~~area ifcode: ~~changed since last report.~~(570)586-0377

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

1Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

~~Item 1.01.~~ (e) Entry into aagreement ~~Material~~with ~~Definitive~~Executive ~~Agreement.~~Officer

On ~~September~~October 95, 2010, ~~the~~Comm ~~Registrant entered into an agreement and release with Joseph P. Moore~~Bancorp, JrInc., ~~a director emeritus of~~ (the ~~Registrant~~“Company) and aits ~~deemed quasi~~wholly-~~insider~~owned with respect to stock ownership reporting and short-swing profit liability. Such agreement and release was with respect to several trades of the Registrant’s common stock made by Mr. Moore within a 6-month period of timesubsidiary, ~~i.e., a combination of nine sale transaction totaling 1,000 shares on September~~Community ~~10,~~Bank ~~2009,~~& atTrust ~~an average price of $32~~Co.68 per share and one sale transaction of 500 shares on September 11, 2009, at $33.00 per share and a subsequent purchase of 2,000 shares on December 16, 2009, at $26.00 per share. Mr. Moore agreed to disgorge to (the ~~Registrant $2~~“Bank”),~~815.52,~~ ~~which~~amended is the ~~difference~~Executive ~~between~~Employment ~~the~~Agreement ~~sales transactions and~~ (the ~~purchase~~“Agreement”) with ~~transaction~~William R. ~~Reference~~Boyle, isExecutive ~~made~~Vice toPresident ~~the agreement~~ and ~~release~~Chief ~~filed~~Credit ~~at Exhibit 99(i) to this Form 8-K and incorporated herein by reference~~Officer.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:.

~~99(i)~~The ~~Short-Swing~~following ~~Profit~~materials ~~Disgorgement~~are ~~Agreement~~furnished ~~and~~as ~~Release~~exhibits to this Current Report on Form 8-K:


Exhibit No.		Description

	10.1	Second Amendment to Executive Employment Agreement

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Comm Bancorp, Inc.
	Comm Bancorp, Inc. (Registrant)
		(Registrant)
Date: October 7, 2010	By:	/s/ Scott A. Seasock
Date: September 14, 2010		By: /s/ Scott A. Seasock
		Scott A. Seasock
		Scott A. Seasock
		Executive Vice President and Chief Financial Officer (Principal Financial Officer)
		Executive Vice President
		and Chief Financial Officer
		(Principal Financial Officer)

3EXHIBIT INDEX


Exhibit Number		Description

	10.1	Second Amendment to Executive Employment Agreement.

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