CORRECTION -- Bank of the Pacific Receives SBA Preferred Lender Status

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| Source: Pacific Financial Corporation

ABERDEEN, Wash., April 9, 2014 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Pacific Financial Corporation (OTCQB:PFLC), please note that in the first paragraph of the release, the Bank of the Pacific is the subsidiary of Pacific Financial Corporation and not of Bank of the Pacific Corporation, as erroneously mentioned.

DENISE PORTMANN, PRESIDENT & CEO
BANK OF THE PACIFIC
LYN HAMILTON, VP, DIRECTOR OF GOVERNMENT LENDING
BANK OF THE PACIFIC
253.964.1644

The Cereghino Group
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