Written agreement with Oregon Pacific Bancorp and Oregon Pacific Bank

The following press release was published by the Board of Governors of the Federal Reserve System on Aug. 2, 2010. It is reproduced in full below.

The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among Oregon Pacific Bancorp, Florence, Oregon, a registered bank holding company, Oregon Pacific Bank, Florence, Oregon, a state-chartered member bank, the Federal Reserve Bank of San Francisco, and the Oregon Department of Consumer and Business Services Division of Finance and Corporate Securities. A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System