Correcting year-to-date net income, after tax, figures for 1995 and 1996 in text of American Pacific Bank release issued Oct. 22

Business Wire, Oct 23, 1996

--(BUSINESS WIRE)--Oct. 23, 1996--

In BW0484-10/22, (AMERICAN-PACIFIC-BANK) reports third quarter results released Oct. 22, the second graph, second sentence should as follows:

The year-to-date net income, after tax, for 1996 was $75,707, while the net income, after tax, for the same period last year was $135,125. (sted xxx The year-to-date net income for 1996 was $73,468, while the net income for the same period last year was $77,497.)

CONTACT: American Pacific Bank, Portland

David T. Chen, 503/221-5801