December 22, 2009

Written agreement with West Coast Bancorp

For immediate release

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between West Coast Bancorp, Lake Oswego, Oregon, a registered bank holding company, 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.

Last Update: December 22, 2009