West Coast Bancorp (Bancorp) is a financial holding company. Bancorp’s principal business activities are conducted through its full-service commercial bank subsidiary, West Coast Bank (the Bank). As of December 31, 2008, the Bank had facilities in 42 cities and towns in western Oregon and southwestern Washington, operating a total of 60 full-service and four limited-service branches. In addition, the Bank operates a small business administration (SBA) lending office in Vancouver, Washington. Bancorp also owns West Coast Trust Company, Inc. (West Coast Trust), an Oregon trust company that provides agency, fiduciary and other related trust services. Bancorp operates through two principal operating segments: West Coast Bank, and West Coast Trust and parent company-related operations.