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Home > Company Index > Banking > Banking - West > Columbia Banking System, Inc.

Columbia Banking System, Inc.
Nasdaq: COLB
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 PROFILE
Columbia Banking System is the holding company for Columbia State Bank, which operates about 30 branches in Washington's southern Puget Sound area and in the timber country in the southwestern part of the state. Targeting individuals and local businesses, the bank offers such standard retail services as checking and savings accounts, certificates of deposit, and IRAs. Lending activities consist mostly of commercial and commercial real estate loans (about 40% and 35%, respectively, of the bank's portfolio); residential mortgage, construction, and consumer loans are also available. Columbia Banking is expanding its services through new branches and acquisitions.

 COMPETITION
First Mutual Bancshares, Inc. (FMSB)
KeyCorp (KEY)
Sterling Financial Corporation (STSA)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 121.60
1-Yr. Sales Growth: 28.7%
Employees: 513
Revenue per employee: $237,037.04

 KEY PEOPLE
• J. James Gallagher
    CEO
• Gary R. Schminkey
    CFO

 CONTACT INFO
1102 Broadway Plaza
Tacoma, WA 98402
US
Phone: 253-305-1900
Fax: 253-305-0317
Online: Web Site

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