0 million loan that was charged off in 2007

The study indicated that 13 out of every 1,000 inpatients wereeither infected or colonized with C.difficile, a rate 6.5 to 20 times greaterthan previous incidence estimates C. difficile is a bacterium that causesdiarrhea and more serious intestinal conditions such as colitis."New pay-for-performance mandates from CMS and private insurers are drivingincreased interest in infection prevention," said Warye. "But the mostimportant reason to eliminate HAIs is to save lives and reduce suffering.While not all infections are preventable, working toward zero should be thegoal.APIC urges all healthcare institutions to pursue zero HAIs and addressthe resources, systems and cultural changes that will support this effort."For more information about APIC Targeting Zero educational programs, pleasevisit: http:// Targeting Zero 2009APIC will publish new elimination guides for:VAP (ventilator-associated pneumonia)Catheter-associated urinary tract infections (UTIs)Catheter-associated blood stream infectionsMRSA in long-term care settingsAcinetobacter baumanniiHAIs are a critical public health issue, affecting nearly 2 million Americansannually, with 99,000 deaths and an estimated $20 billion in healthcare costs,according to the CDC.The CDC estimates the most common HAIs are urinary tract infections (32percent), surgical site infections (22 percent), pneumonias (15 percent), andblood stream infections (14 percent).APIC's mission is to improve health and patient safety by reducing risks ofinfection and other adverse outcomes. APIC advances itsmission through education, research, collaboration, practice guidance, publicpolicy and credentialing. Visit APIC online at for Professionals in Infection Control and EpidemiologyLiz Garman of Association for Professionals in Infection Control andEpidemiology, 1-202-454-2604, .

PORTLAND, OR, Jan 22 (MARKET WIRE) Capital Pacific Bancorp (OTCBB: CPBO) reported net income of $114,000 orearnings of $0.07 per diluted share in the fourth quarter of 2008,compared to a net loss of $855,000 and $0.55 loss per diluted share inthe fourth quarter last year. For the year 2008, net income was$1,256,000, or earnings of $0.74 per diluted share, compared to a netloss in 2007 of $486,000, or $0.31 loss per diluted share. Net income for2008 was positively impacted by a pre-tax $1.3 million recovery relatedto a $2.0 million loan that was charged off in 2007. Excluding therecovery, net income for 2008 would have been $447,000, or earnings of$0.26 per share."We are pleased to have remained profitable in 2008, particularly giventhat 2008 has been a tumultuous year for many in the financial sector,both locally and at the national level," said Mark Stevenson, CEO ofCapital Pacific Bancorp.Loans and reserve for loan lossesAs of December 31, 2008, loans totaled $135.3 million, an increase of $5.1million when compared to the third quarter of 2008 and up $6.7 million forthe year. Non-performing assets include both non-performing loans andother real estate owned.At December 31, 2008, the company had one non-performing loan of $970,000for a residential development in Vancouver, Washington. This loan isbelieved to be adequately secured by the underlying collateral based upona discounted appraisal.

The Company is moving toward foreclosure on thisproperty.At December 31, 2008, the Company had $1.7 million in other real estateowned representing two properties. One property is a commercial buildingvalued at $350,000 which is expected to sell in early 2009. The Companyalso owns land in southern Oregon valued at $1.3 million. The dispositionof this property is expected as soon as market conditions improve.Capital adequacyOn December 23, 2008, the Company issued $4 million in preferred stock aspart of the U.S Department of the Treasury's Capital Purchase Program(TCPP).

TCPP is designed to attract broad participation by bankinginstitutions to help stabilize the financial system and increase lendingfor the benefit of the U.S. economy."Our intent is to use the funds to support continued growth whilemaintaining healthy capital ratios during this difficult economic cycle,"said Stevenson. "As a local community bank, we are very supportive ofopportunities to deploy new capital on behalf of Oregonians and our localbusinesses."The company continues to be classified as well-capitalized by regulatorystandards. The Company's total risk-based capital ratio is 15.8 atDecember 31, 2008.