Cowlitz Bancorporation Declares Quarterly Dividend

Apr 18, 2001, 01:00 ET from Cowlitz Bancorporation

    LONGVIEW, Wash., April 18 /PRNewswire/ --
 Cowlitz Bancorporation (Nasdaq: CWLZ) today announced that a quarterly
 dividend of $0.018 per share will be paid May 14, 2001 to shareholders of
 record as of April 30, 2001. This is consistent with dividend payments from
 previous quarters in 2000.
     "We continue to make progress on all fronts," said Harve Menkens,
 President of Cowlitz. "Our performance reflects a sound response to changing
 markets, control of expenses and continued attention to loan quality."
     Cowlitz Bancorporation is a $344 million regional financial services
 company with operations in Washington and Oregon. It is the holding company of
 Cowlitz Bank and Business Finance Corporation. Cowlitz Bank's divisions
 include Bay Bank, Bellevue, Washington; Northern Bank of Commerce, Portland,
 Oregon; and Bay Mortgage, with offices in Bellevue, Seattle, Silverdale,
 Longview, Vancouver and Portland.
     Cowlitz specializes in commercial banking services for Northwest
 businesses, professionals and retail customers with a strong reputation for
 personal attention and local decision-making. Cowlitz offers a total of seven
 full-service banking offices and eleven limited service retirement residence
 branches. Financial services in addition to banking include trust services,
 escrow services, mortgage banking and asset based financing.
     Forward-Looking Statement Disclaimer:  This release contains certain
 forward-looking statements that are subject to various risks and
 uncertainties. Such forward-looking statements, specifically in reference to
 future profitability, are based on management's assumptions and projections,
 therefore, you should not rely solely on the forward-looking statements in
 evaluating an investment or prospective investment. You should consider all
 uncertainties and risks in the institutions' filings with the Securities and
 Exchange Commission and the Federal Deposit Insurance Corporation.
 
 

SOURCE Cowlitz Bancorporation
    LONGVIEW, Wash., April 18 /PRNewswire/ --
 Cowlitz Bancorporation (Nasdaq: CWLZ) today announced that a quarterly
 dividend of $0.018 per share will be paid May 14, 2001 to shareholders of
 record as of April 30, 2001. This is consistent with dividend payments from
 previous quarters in 2000.
     "We continue to make progress on all fronts," said Harve Menkens,
 President of Cowlitz. "Our performance reflects a sound response to changing
 markets, control of expenses and continued attention to loan quality."
     Cowlitz Bancorporation is a $344 million regional financial services
 company with operations in Washington and Oregon. It is the holding company of
 Cowlitz Bank and Business Finance Corporation. Cowlitz Bank's divisions
 include Bay Bank, Bellevue, Washington; Northern Bank of Commerce, Portland,
 Oregon; and Bay Mortgage, with offices in Bellevue, Seattle, Silverdale,
 Longview, Vancouver and Portland.
     Cowlitz specializes in commercial banking services for Northwest
 businesses, professionals and retail customers with a strong reputation for
 personal attention and local decision-making. Cowlitz offers a total of seven
 full-service banking offices and eleven limited service retirement residence
 branches. Financial services in addition to banking include trust services,
 escrow services, mortgage banking and asset based financing.
     Forward-Looking Statement Disclaimer:  This release contains certain
 forward-looking statements that are subject to various risks and
 uncertainties. Such forward-looking statements, specifically in reference to
 future profitability, are based on management's assumptions and projections,
 therefore, you should not rely solely on the forward-looking statements in
 evaluating an investment or prospective investment. You should consider all
 uncertainties and risks in the institutions' filings with the Securities and
 Exchange Commission and the Federal Deposit Insurance Corporation.
 
 SOURCE  Cowlitz Bancorporation