Columbia Bancorp Declares 2-for-1 Stock Split.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)--Aug. 24, 1998--The Board of Directors of Columbia Bancorp Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CBBO) declared on Aug. 20, 1998, a two-for-one split of Columbia Bancorp Inc. common stock. Columbia Bancorp Inc. stockholders will receive one additional share for every share of Columbia Bancorp Inc. common stock held. The distribution date for the stock split will be Sept. 11, 1998, to stockholders of record on Sept. 2, 1998. Currently, there are approximately 3,740,141 shares of Columbia Bancorp Inc. common stock outstanding; the stock split will increase that number to 6,940,282 shares. 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 is the sole subsidiary of Columbia Bancorp. Columbia River Bank is a community bank with eight branches doing business as Columbia River Bank in The Dalles, and Hood River The Hood River is a tributary of the Columbia River in northwestern Oregon in the United States. Approximately 25 mi (40 km) long from its mouth to its farthest headwaters on the East Fork, the river descends from wilderness areas in the Cascade Range on Mount Hood and flows , Ore.; Juniper juniper, any tree or shrub of the genus Juniperus, aromatic evergreens of the family Cupressaceae (cypress family), widely distributed over the north temperate zone. Many are valuable as a source of lumber and oil. Banking Company in Madras Madras. 1 State and former province, India: see Tamil Nadu. 2 City, India: see Chennai. , Redmond, and Bend, Ore.; and Klickitat Valley Bank in Goldendale and White Salmon, Wash. The bank also provides mortgage lending through Columbia Mortgage Group, and brokerage service through its affiliation with PrimeVest. In addition, Columbia River Bank announced earlier this month its intention to open a branch in Hermiston, Ore., in September 1998. In July 1998, Columbia Bancorp announced an agreement in principle to acquire Valley Community Bancorp and its subsidiary, Valley Community Bank, McMinnville, Ore.
CONTACT: Columbia Bancorp
Dick Croghan, EVP, 541/298-6649
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