Columbia Bancorp Ranked 12th Best Performing Community Bank In Nation.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. -- Columbia Bancorp (Nasdaq:CBBO), the financial 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, today announced it was ranked as the nation's 12th best performing bank by U.S. Banker magazine, based on its three-year average return on equity. In 2004, Columbia Bancorp generated a 17.50% return on equity, and a 1.64% return on assets Return on assets (ROA) Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets). . Columbia's three-year return on equity was 18.18%. The ranking appeared in the magazine's July issue on their annual listing of the 200 top performing, publicly traded community banks and bank holding companies with less than $1 billion in assets at the end of 2004. Columbia was ranked 12th in 2003 and is one of two Oregon-based institutions in the top 25. "We are pleased to have earned a place on this prestigious list again and appreciate the strong support from our investors and customers. Our solid franchise and exceptional people remain fundamental in our ability to deliver extraordinary service and competitive banking products to our marketplace," said Roger Christensen, President and Chief Executive Officer. Columbia will hold its second quarter conference call and live webcast on Wednesday, July 27, 2005. The earnings release will be distributed before the market opens that day. For more information on the call and webcast visit Columbia's web site, www.columbiabancorp.com, and select Presentations/Webcast under Investor Relations Investor relations The process by which the corporation communicates with its investors. . About Columbia Bancorp Columbia Bancorp (www.columbiabancorp.com) is the financial holding company for Columbia River Bank, which operates 20 branches located in The Dalles (2), 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 , Bend (4), Madras, Redmond (2), Pendleton, Hermiston, McMinnville (3), Canby and Newberg, Oregon, and in Goldendale, White Salmon and Kennewick, Washington. Columbia River Bank also provides mortgage-lending services through Columbia River Bank Mortgage Team and brokerage services through CRB CRB See: Commodity Research Bureau. Financial Services Team. |
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