Columbia Bancorp Sells One Million Shares of Common Stock At $9.00.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)--Nov. 6, 1998--The Dalles, Oregon-based Columbia Bancorp (Nasdaq/NMS:CBBO) announced today the sale of 1.0 million newly-issued shares of common stock priced at $9.00 per share in an offering managed by Pacific Crest Securities. Columbia has granted to Pacific Crest Securities a 30-day option to purchase up to 150,000 additional shares of Common Stock to cover over-allotments, if any. The Common Stock has been approved for listing (subject to notice of issuance) on the Nasdaq National Market under the symbol "CBBO" and is expected to begin trading on Friday, November 6th. Columbia Bancorp is the bank holding company that owns 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 is an Oregon state-chartered, federally insured commercial bank with branches in The Dalles, 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 , Madras, Redmond, Bend, and Hermiston, Oregon Hermiston is a city in Umatilla County, Oregon, United States, near the junction of I-82 and I-84. U.S. Highway 395 also goes through the center of the city. Hermiston is seven miles south of the Columbia River, Lake Wallula, and the McNary Dam. ; and 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 River Bank Mortgage Group and brokerage services through its affiliation with PrimeVest Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . The company has entered into an agreement to acquire McMinnville, Oregon-based Valley Community Bancorp. This transaction brings one branch and $46.5 million in assets in the Willamette Valley The Willamette Valley (pronounced [wɪˈlæ.mɪt], with the accent on the second syllable) is the region in northwest Oregon in the United States that surrounds the Willamette River as it proceeds northward from its to Columbia's current franchise. A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Prospectuses can be obtained by writing to Pacific Crest Securities, 111 SW 5th Avenue, Suite 4250, Portland, Oregon, 97204. |
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