Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On August 20, 2009, Cowlitz Bancorporation (the "Company") received a letter from The Nasdaq Stock Market ("Nasdaq") notifying the Company that it is currently not in compliance with Nasdaq Marketplace Rule 5250(c)(1) (the "Listing Rule") because the Company had not filed its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2009 (the "Form 10-Q") in a timely manner. Under Nasdaq rules, the Company now has 60 calendar days, or until October 19, 2009, to submit a plan to Nasdaq to regain compliance with the Listing Rule. If the plan is accepted, Nasdaq can grant the Company an exception of up to 180 calendar days from the Form 10-Q's due date, or until February 16, 2010, to regain compliance. The Company anticipates that it will file its plan to regain compliance with the Listing Rule prior to the expiration of the 60-day period and intends to take all appropriate actions to regain compliance.

The Company issued a press release announcing its receipt of the letter from Nasdaq. A copy of the press release is attached hereto as Exhibit 99.1 .

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits.
99.1 Press Release