Columbia Banking Systems (COLB) Tops Q1 EPS by 6c

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Go back to Columbia Banking Systems (COLB) Tops Q1 EPS by 6c

Columbia Banking System Announces First Quarter 2015 Earnings

April 22, 2015 3:45 PM EDT

TACOMA, Wash., April 22, 2015 /PRNewswire/ -- Melanie Dressel, President and Chief Executive Officer of Columbia Banking System and Columbia Bank (NASDAQ: COLB) ("Columbia") said today upon the release of Columbia's first quarter 2015 earnings, "We are pleased with our financial performance for the quarter, especially in light of the after tax impact to earnings of $1.9 million, or $0.03 per diluted share, resulting from acquisition-related expenses and FDIC acquired loan accounting. We had good loan production, solid core deposit growth, increased quarter over quarter revenue, and the operating net interest margin continued to show great... More