SOURCE: Capital Pacific Bancorp

May 11, 2011 18:33 ET

Capital Pacific Bank Adds Experienced Bankers to Client Service Team

PORTLAND, OR--(Marketwire - May 11, 2011) - Capital Pacific Bank (OTCBB: CPBO) has expanded its team of client service officers with the addition of Carol E. Warneke and Mark F. Moffenbier as vice presidents and client service officers.

Warneke has 25 years of experience in financial services, and joins Capital Pacific Bank to support its non-profit and professional practices initiatives. Prior to joining the bank, Warneke was senior marketing executive with Davidson Benefits Planning. Previous banking experience includes 14 years with Oregon Bankers Association, and positions in business development and marketing for financial institutions throughout Oregon and Southwest Washington.

Moffenbier, a seasoned banker specializing in working with nonprofit and social mission-driven organizations, came to Capital Pacific Bank after six years with Shore Bank Pacific. With 25 years of experience in banking, including 15 as a trust business development officer, he has also served as director of development for a large hospital system.

"We are fortunate to have Carol and Mark join us," said Mark Stevenson, president and CEO, Capital Pacific Bank. "Carol is well-respected as a business leader by her peers and as a community leader by the nonprofit community. Our clients will value her deep knowledge of banking products and services and her strong commitment to customer service. Mark's experience with social mission-driven organizations will accelerate our success in the nonprofit sector and augment our growing position with businesses and organizations engaged in sustainable business practices."

About Capital Pacific Bancorp
Capital Pacific Bancorp (OTCBB: CPBO) is the parent company of Capital Pacific Bank, which serves businesses, professionals and nonprofit organizations with comprehensive business banking expertise and an elite level of service. Headquartered in the Fox Tower in downtown Portland, the bank's full array of products and services are delivered through a strategic combination of highly experienced client service officers and the innovative application of technology. For more information on Capital Pacific Bancorp, past press releases or letters to shareholders, please visit www.capitalpacificbank.com.

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