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Columbia Bancorp Announces $.10 Per Share Second Quarter Dividend.


THE DALLES dalles  
pl.n.
The rapids of a river that runs between the steep precipices of a gorge or narrow valley.



[French, pl. of dalle, gutter, from Old French, from Old Norse dæla.]
, Ore.--(BUSINESS WIRE)--June 29,1998--Columbia Bancorp-Oregon (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:CBBO) reported that its board of directors approved a $.10 per share cash dividend payable August 1, 1998 to shareholders of record July 15, 1998.

Executive Vice President, Dick Croghan commented that the company's ongoing cash dividend reflects Columbia Bancorp's continued strong earnings, as well as the goal of providing a solid return to shareholders.

Columbia Bancorp (OTC BB:CBBO) is the holding company for Columbia River Columbia River

River, southwestern Canada and northwestern U.S. Rising in the Canadian Rockies, it flows through Washington state, entering the Pacific Ocean at Astoria, Ore.; it has a total length of 1,240 mi (2,000 km).
 Bank. Columbia River Bank does business as Columbia River Bank in The Dalles and Hood River, Oregon The city of Hood River is the seat of Hood River County, Oregon, United States. It is a port on the Columbia River, and is named for the nearby Hood River. As of the 2000 census, the city population was 5,831. : Juniper Banking Company in Madras, Redmond, and Bend, Oregon: and Klickitat Valley Bank in Goldendale and White Salmon, Washington White Salmon is a census-designated place (CDP) in Klickitat County, Washington, United States. The population was 2,193 at the 2000 census. History
White Salmon was officially incorporated on June 3, 1907.
. The bank also provides mortgage lending through Columbia Mortgage Group, and brokerage service through its affiliation with PrimeVest.

CONTACT: Columbia Bancorp

Dick Croghan, 541/298-6649

Fax: 541/298-3157
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 29, 1998
Words:142
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