EXHIBIT 14
                     OREGON PACIFIC BANCORP AND SUBSIDIARIES

ETHICS POLICY FOR SENIOR FINANCIAL OFFICERS

The Chief Executive Officer, Chief Financial Officer, and Chief Operating
Officer hold an important and elevated role in corporate governance. As part of
the Corporate Leadership Team, the Senior Officers are vested with both the
responsibility and authority to protect, balance, and preserve the interests of
all enterprise stakeholders, including shareholders, customers, employees,
suppliers, and citizens of the communities in which the Bancorp's business is
conducted. Senior Officers fulfill this responsibility by prescribing and
enforcing the policies and procedures employed in the operation of the Bancorp's
financial organization, and by demonstrating the following:

     Honest and Ethical Conduct

Senior Officers will exhibit and promote the highest standards of honest
and ethical conduct through the establishment and operation of policies and
procedures that:

o             Encourage and reward professional integrity in all aspects of the
              financial organization, by eliminating inhibitions and barriers to
              responsible behavior, such as coercion, fear of reprisal or
              alienation from the financial organization or Oregon Pacific
              Bancorp.
o             Prohibit and eliminate the appearance or occurrence of conflicts
              between what is in the best interest of the Bancorp and what could
              result in material personal gain for a member of the financial
              organization, including Senior Officers.
o             Provide a mechanism for members of the financial organization to
              inform senior management of deviations in practice from policies
              and procedures governing honest and ethical behavior.
o             Demonstrate their personal support for such policies through
              periodic communication reinforcing these ethical standards
              throughout the finance organization.

     Financial Records and Periodic Reports

      Senior Officers will establish and manage the enterprise transaction and
      reporting systems and procedures to ensure that:

o             Business transactions are properly authorized and completely and
              accurately recorded on the Bancorp's books and records in
              accordance with Generally Accepted Accounting Principles (GAAP)
              and established Oregon Pacific Bancorp financial policy.
o             The retention or proper disposal of Bancorp records shall be in
              accordance with established Oregon Pacific Bancorp financial
              policies and applicable legal and regulatory requirements.
o             Periodic financial communications and reports will be delivered in
              a manner that facilitates the highest degree of clarity of content
              and meaning so that readers and users will quickly and accurately
              determine their significance and consequence.

     Compliance with Applicable Laws, Rules, and Regulations

     Senior Officers will establish and maintain mechanisms to:

o            Educate members of the finance organization about any federal,
             state, or local statute, regulation, or administrative procedure
             that affects the operation of the finance organization and Oregon
             Pacific Bancorp.
o            Monitor the compliance of the finance organization with any
             applicable federal, state, or local statute, regulation or
             administrative rule.
o            Identify, report and correct in a swift and certain manner, any
             detected deviations from applicable federal, state or local statute
             or regulation.


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