SOURCE: Capital Pacific Bank

June 25, 2008 17:26 ET

Capital Pacific Bank Adds Jason Hilton to Growing Client Service Team

PORTLAND, OR--(Marketwire - June 25, 2008) - Jason Hilton has joined Capital Pacific Bank (OTCBB: CPBO) as Vice President and Client Service Officer. With more than 11 years of banking and leasing experience, Hilton brings strong credit underwriting skills as well as expertise working with local middle market businesses.

"As we build our client service team, we look for individuals like Jason who possess a unique mix of banking and finance experience coupled with creative thinking ability," said Robert Countryman, Executive Vice President of Business Development and Client Service. "We also look for Client Service Officers who will provide the level of elite service our clients expect."

Prior to joining Capital Pacific Bank, Hilton served as General Manager and Director of Credit in the middle market group of LEAF Financial Corp in Lake Oswego. Earlier in his career, Hilton held the position of Commercial Credit Manager & Chief Operating Officer at Lake Oswego-based Allco Leasing & Financial Services after spending several years climbing the ranks at US Bancorp as an assistant relationship manager and credit executive. Hilton graduated from the University of Montana, with a Bachelor's of Science degree in Business Administration.

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.

Forward-looking statements

Statements in this release about future events or performance are forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results of the company to be materially different from any future results expressed or implied by such forward-looking statements. Factors that could affect future results include changes in the financial condition of our borrowers, changes in economic conditions generally, deteriorating asset values caused by changing market conditions, loan losses that exceed our allowance for loan losses and fluctuations in interest rates and the impact those factors may have upon clients of the company. Other factors include competition for loans and deposits within the company's trade area, and the impact that may have upon growth or income. Although forward-looking statements help to provide complete information about the company, readers should keep in mind that forward-looking statements may be less reliable than historical information. The company undertakes no obligation to update or revise forward-looking statements in this release to reflect events or changes in circumstances that occur after the date of this release.

Contact Information

  • Contact:
    Mark Stevenson
    CEO
    (503) 796-0100