-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OieCazvGesvSPQzxQcW6Tin5JVwOM93p1vPA3pFXdXWcj5ca0gbGidltGiHURL4H eLjc/xNUnAmH9Jl4c/rapQ== 0000896595-04-000030.txt : 20040308 0000896595-04-000030.hdr.sgml : 20040308 20040308154750 ACCESSION NUMBER: 0000896595-04-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040305 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040308 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COWLITZ BANCORPORATION CENTRAL INDEX KEY: 0000894267 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 911529841 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23881 FILM NUMBER: 04654820 BUSINESS ADDRESS: STREET 1: 927 COMMERCE AVE CITY: LONGVIEW STATE: WA ZIP: 98632 BUSINESS PHONE: 2064239800 MAIL ADDRESS: STREET 1: 927 COMMERCE AVENUE CITY: LONGVIEW STATE: WA ZIP: 98632 8-K 1 cowlitzform8k030804.htm FORM 8-K Cowlitz Bancorporation Form 8-K 3/8/04

 

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

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):          March 5, 2004

Cowlitz Bancorporation
(Exact Name of Registrant as specified in its charter)

Oregon
(State or other jurisdiction of incorporation)

0-23881
(Commission File Number)

91 - 529841
(IRS Employer Identification No.)

927 Commerce Ave., Longview, Washington
Address of Principal Executive Office

98632
Zip Code

Registrant's telephone number including area code 360-423-9088

(Former name or former address, if changed since last report) Not applicable

 


 

Item 5.  Other Events and Regulation FD Disclosure

On March 5, 2004, Cowlitz issued a press release announcing the retirement of their Chairman, Benjamin Namatinia, and the appointment of Phill Rowley as interim Chairman. A copy of the press release is attached as Exhibit 99.

 

Item 7. Financial Statements and Exhibits

 

(a)

Financial statements of business acquired.

Not applicable.

     
 

(b)

Pro Forma Financial Information

Not applicable.

     
 

(c)

Exhibits.

     

The following exhibits are being filed herewith and this list shall constitute the exhibit index:

     
 

Exhibit

     
 

(99)

Press Release

 

SIGNATURES

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.

 





Date: March 8, 2004





By:

COWLITZ BANCORPORATION
(Registrant)


/s/ Richard J. Fitzpatrick
Richard J. Fitzpatrick
Chief Executive Officer

 


 

EXHIBIT 99

March 5, 2004 4:00 p.m. Pacific Time

Company Press Release

SOURCE:

Cowlitz Bancorporation

CONTACTS:

Richard J. Fitzpatrick, Chief Executive Officer

 

Donna P. Gardner, Chief Financial Officer

 

(360) 423-9800

Cowlitz Bancorporation Announces Retirement of Chairman, Benjamin Namatinia

LONGVIEW, Wash., March 5, 2004 /PRNewswire/ --

Cowlitz Bancorporation (NASDAQ: CWLZ - news) today announced the retirement of their Chairman, Benjamin Namatinia. Mr. Namatinia has served as Chairman of the Cowlitz Bancorporation since its incorporation in 1991. "After fourteen years of employment and as a director of Cowlitz Bancorporation, I have decided that the time is right to retire," said Mr. Namatinia. "My retirement coincides with Cowlitz Bank and Cowlitz Bancorporation being very sound and in excellent financial condition. I leave the Company in good hands, with our current management and directorate"

"Mr. Namatinia has been an important part of the Company's growth and played a large role in taking the Corporation public in 1998." said Richard Fitzpatrick, President and CEO of Cowlitz Bank and Cowlitz Bancorporation.

"Mr. Namatinia served the Company as both Chairman and CEO from 1994 through 2001, providing both leadership and direction to the Bank during a time of substantial growth. His presence will be missed and we wish him the best in his retirement", said John Maring, Vice-Chairman of Cowlitz Bancorporation and Chairman of Cowlitz Bank. On December 31, 1990 total assets for Cowlitz were $29.2 million compared to total assets of $268.8 million on December 31, 2003.

The Company announced that Phill Rowley, will serve as Chairman through the Annual Shareholders Meeting on May 21, 2004, the remainder of Mr. Namatinia's term, at which time the shareholders will elect five directors for a one-year term and a Chairman will be appointed. Mr. Rowley has served on the Board of Directors since September 2003. Mr. Rowley is President & CEO of Treasury Management Services, Inc., in Vancouver, Washington, providing consulting in asset/liability management, corporate funding strategies and board and executive management training in these associated areas of banking. He serves on the faculties of Pacific Coast Banking School at the University of Washington, ABA School of Bank Marketing and Management at the University of Colorado, and Western Banking School at the University of Nevada. He has 28 years experience in the banking industry, prior to his current position.

Cowlitz Bancorporation is the holding company of Cowlitz Bank. In addition to its four branches in Cowlitz County Washington, Cowlitz Bank's divisions include Bay Bank located in Bellevue and Vancouver, Washington and Portland and Wilsonville, Oregon; and Bay Mortgage, with offices in Longview and Vancouver, Washington. Cowlitz specializes in commercial banking services for Northwest businesses, professionals, and retail customers. In addition to commercial and retail banking, financial services include mortgage origination and trust services.



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