Capital Pacific Bancorp Announces Results for Second Quarter 2010

PORTLAND, OR–(Marketwire – July 30, 2010) – Capital Pacific Bancorp ( OTCBB : CPBO ) (“the Company”) reported net income of $35,000 for the three months ended June 30, 2010. Including the effect of preferred stock dividends, the Company reported a net loss to common shareholders of $30,000, or $0.02 per diluted share for the same period.