| Business Summary | | Columbia
Bancorp
is
a
bank
holding
company
with
one
subsidiary,
Columbia
River
Bank
(the
Bank).
The
Bank
is
a
13-branch,
state-chartered
institution
authorized
to
provide
banking
services
by
the
states
of
Oregon
and
Washington.
The
Bank
offers
a
broad
range
of
financial
services
to
its
customers,
which
include
primarily
small
and
medium-sized
businesses,
farmers
and
individuals.
The
Bank's
11
Oregon
branches
serve
the
northern
and
eastern
Oregon
communities
of
The
Dalles,
Hood
River,
Pendleton
and
Hermiston;
the
central
Oregon
communities
of
Madras,
Redmond
and
Bend;
and
the
communities
of
McMinnville
and
Newberg
in
the
Willamette
Valley.
The
Bank's
two
south-central
Washington
branches
serve
the
communities
of
Goldendale
and
White
Salmon.
As
of
year-end
2000,
the
Company
had
total
assets
of
$416.86
million,
total
deposits
of
$346.43
million
and
shareholders'
equity
of
$41.33
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Columbia
Bancorp
\OR\
is
a
bank
holding
company
for
Columbia
River
Bank,
a
state
chartered
bank
with
11
offices
in
OR
and
two
in
WA.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
10%
to
$17.2
million.
Net
interest
income
after
loan
loss
provision
rose
13%
to
$10.3
million.
Net
income
rose
36%
to
$3.6
million.
Revenues
reflect
increased
earning
asset
balances
and
lower
interest
on
deposits.
Earnings
reflect
increased
service
charges
and
fees. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Donald Mitchell, 55 | Chairman
of Directors | Roger Christensen, 43 | Pres,
CEO | William Booth, 59 | Vice
Chairman | Greg Spear | CFO,
Exec. VP | Craig Ortega, 43 | Pres
and CEO of CRB |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|