UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~July~~ August 3017, 2010

Cowlitz Bancorporation

(Exact Name of Registrant as specified in its charter)

Washington
(State or other jurisdiction of incorporation)

0-23881
(Commission File Number)

91 - 1529841
(IRS Employer Identification No.)

927 Commerce Ave., Longview, ~~Washington~~WA 98632 (Former address) P.O. Box 83866, Kelso, WA 98626 (Mailing address) Address of Principal Executive Office and Zip Code

~~Registrant's~~Name and telephone number ~~including~~of ~~area~~person ~~code~~to ~~360~~contact in regards to this filing: Andrew H. Ognall 503-~~423~~221-~~9800~~2207

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 13.0301 ~~Bankruptcy~~Notice of Delisting or ~~Receivership~~Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

OnThe ~~July~~NASDAQ ~~30,~~Stock ~~2010,~~Market ~~the~~(“Nasdaq”) ~~Washington~~filed ~~Department~~a ofForm ~~Financial~~25-NSE ~~Institutions~~with ~~closed~~the ~~Cowlitz~~Securities ~~Bank~~and ~~(the~~Exchange ~~“Bank”)~~Commission on August 17, ~~the~~2010, ~~wholly-owned~~to ~~subsidiary~~remove the securities of Cowlitz Bancorporation (the “Company”), ~~and~~from ~~appointed~~listing ~~the~~on ~~Federal~~Nasdaq. ~~Deposit~~The ~~Insurance~~delisting ~~Corporation~~becomes ~~(the~~effective ~~“FDIC”)~~on asAugust ~~receiver~~27, ~~of the Bank~~2010.

AsThe ~~indicated~~Company’s incommon ~~the~~stock ~~FDIC~~currently ~~press~~is ~~release~~quoted ~~dated~~for ~~July~~trade ~~30,~~on ~~2010,~~the ~~Heritage Bank~~OTCQB, ~~Olympia, Washington assumed all of the deposits of the Bank~~ and ~~agreed to purchase approximately $329.5 million of~~ the ~~Bank's~~ ~~assets~~Company inexpects athat ~~transaction~~such ~~facilitated~~quotation ~~by the FDIC. The 9 branch offices of the Bank~~ will ~~reopen~~continue asfollowing ~~branches~~August of27, ~~Heritage Bank on Saturday during normal banking hours~~2010. ~~Customers who have questions about the foregoing matter~~However, orthere ~~who~~is ~~would~~no ~~like~~assurance ~~more~~that ~~information~~any ~~about~~quotation ~~the~~on ~~closure of~~ the ~~Bank,~~OTCQB ~~can~~will ~~visit~~be ~~the FDIC’s Internet website at http://fdic~~maintained.~~gov/bank/individual/failed/cowlitz.html or call the FDIC toll-free at 1-800-206-4662.~~

AsThis ofCurrent ~~July~~Report ~~30,~~contains ~~2010,~~forward-looking ~~the~~statements ~~Company’s~~within ~~primary~~the ~~assets,~~meaning ~~excluding~~of ~~its~~the ~~investments~~"Safe-Harbor" inprovisions of the ~~Bank~~Private ~~and~~Securities ~~Cowlitz~~Litigation ~~Statutory~~Reform ~~Trust~~Act Iof 1995, which ~~investments~~management believes are ~~expected~~a benefit to beshareholders. ~~written~~You ~~off~~should ~~completely,~~not ~~consisted~~place ~~primarily~~undue ofreliance ~~cash~~on forward-looking statements and, ~~cash~~except ~~equivalents~~as ofrequired ~~approximately~~by ~~$240~~applicable law,~~000~~ ~~and~~we ~~prepaid~~undertake ~~expenses~~no ofobligation ~~$100,000~~to update any such statements. ~~Liabilities~~Statements ~~were~~that ~~comprised~~are ~~primarily~~not ofhistorical ~~junior~~or ~~subordinated~~current ~~debt~~facts, ofincluding ~~$12.4~~statements ~~million~~about beliefs and ~~accrued~~expectations, ~~and~~are ~~unpaid~~forward-looking ~~interest~~statements. ofForward-looking ~~approximately~~statements ~~$277,000.~~are ~~Based~~subject onto ~~the~~risks ~~Company’s~~and ~~current~~uncertainties. ~~financial~~Actual ~~condition,~~results ~~the~~could ~~Company’s~~differ ~~board~~materially offrom ~~directors~~those ~~will~~discussed ~~evaluate~~in ~~options~~this ~~for~~Current ~~winding~~Report ~~down~~as ~~the~~a ~~affairs~~result of risk factors identified in the Company,'s ~~which~~Form ~~may~~10-K ~~include~~for the ~~dissolution~~year ofended ~~the~~December ~~Company~~31, ~~pursuant~~2009, toand ~~Washington~~other ~~law. As~~filings with the Securities and Exchange Commission. The Company nomakes ~~longer~~forward-looking ~~serves~~statements asin ~~the~~this ~~holding~~Current ~~company~~Report ~~for~~related to the ~~Bank,~~quotation ~~its~~of ~~ongoing~~the ~~activities~~Company's ~~are~~common ~~limited~~stock on the OTCQB.

Item 29.0401 ~~Triggering Events that Accelerate or Increase a Direct~~ Financial ~~Obligation~~Statements orand ~~an Obligation under an Off-Balance Sheet Arrangement~~Exhibits.

As(a) ofNot ~~July~~applicable. ~~30,~~(b) ~~2010,~~Not ~~the~~applicable. ~~Company~~(c) ~~had~~Not ~~approximately $12~~applicable.0 ~~million~~(d) ~~Junior Subordinated Debt Deferrable Interest Debentures due 2035 outstanding pursuant to an Indenture dated April 29, 2005, by and between the Company and Wilmington Trust Company, as trustee~~Exhibits. The appointment of the FDIC as receiver of the Bank may constitute an event of default under the indenture, under which the principal amount of the debt securities, together with accrued but unpaid interest, becomes immediately due and payableNone.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: ~~July~~August 3023, 2010 COWLITZ BANCORPORATION (Registrant) By: /s/ Gerald L. Brickey Gerald L. Brickey Chief Financial Officer

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