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Balance Sheet Cash Flow Statement 1301 A St., Ste. 800 Tacoma, WA 98402 WA Tel. 253-305-1900 Toll Free 800-305-1905 Fax 253-305-0317 |
Type: Public
On the web:
http://www.columbiabank.com
Employees:
735
Employee growth: (5.2%)
Columbia Banking System hopes money will flow through the Pacific Northwest through its three subsidiary banks. Columbia State Bank (also known as Columbia Bank) operates some 50 branches in Washington, from Puget Sound to the timber country in the southwestern part of the state, as well as in Oregon. Mt. Rainier Bank (acquired 2007) has seven branches in Washington's King and Pierce counties. Although it will continue to operate as the Bank of Astoria, the financial institution will merge into Columbia Banking System. Targeting individuals and local businesses, the banks offer standard retail services such as checking and savings accounts, CDs, IRAs, loans, and mortgages.
Key numbers for fiscal year ending December, 2008:
Sales: $134.4M
One year growth: (1.6%)
Net income: $6.0M
Income growth: (81.6%)
Officers:
Chairman: William T. Weyerhaeuser
President, CEO, and Director; President and CEO, Columbia Bank: Melanie J. Dressel
EVP and COO, Columbia Bank: Mark W. Nelson
Competitors:
Bank of America
KeyCorp
U.S. Bancorp
