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Columbia Bancorp Declares First Quarter Dividend.


Business Editors

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)--March 21, 2001

Columbia Columbia, cities, United States
Columbia (kəlŭm`bēə).

1 City (1990 pop. 75,883), Howard co., central Md., between Washington, D.C., and Baltimore.
 Bancorp (Nasdaq:CBBO) Board of Directors has approved payment of an $.08 per share quarterly dividend.

The dividend is payable May 1, 2001, to shareholders of record April 15, 2001.

Columbia Bancorp President Terry Cochran commented on the dividend announcement. "Our earnings continue to grow, 13% in 2000, and we continue to be committed to regular quarterly dividend payments to shareholders." The $.08 represents a 4.1% dividend yield based on the 3/21/01 closing NASDAQ sales price.

Columbia Bancorp 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 with 13 branches in Oregon Oregon, city, United States
Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products.
 and Washington Washington, town, England
Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area.
. The Bank provides mortgage lending through Columbia River Bank Mortgage Group based in Bend, Ore.

Columbia Bancorp has now made available all news releases issued during the past twelve months, including 10-Q's and 10-K's, via Columbia Bancorp's fax service -- Fax-on-Demand. Call toll free at 800/683-0074. These are also available on the Web site: www.columbiabancorp.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 21, 2001
Words:164
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