Ticker
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COLUMBIA BK SYS   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Interest Income:Loans2,320.362,113.62495.83415.77426.00448.04428.20324.23291.47286.17
Interest Income:Dividends on Federal Home Loan Bank Stock11.9613.10----------------
Interest Income:Taxable securities305.17276.84133.08107.5981.5869.8655.9738.6635.1730.77
Interest Income:Tax-exempt securities27.5224.1114.8211.759.5710.7412.2011.0511.1211.84
Interest Income:Securities available for sale--111.66----------------
Interest Income:Securities held to maturity--------------------
Interest Income:Deposits in other banks------------------0.11
Interest Income:Deposits with banks----2.750.960.661.310.700.810.22--
Interest Income:Federal funds sold and deposits with banks90.23------------------
Total Interest Income2,755.242,539.33646.48536.07517.81529.95497.07374.75337.97328.89
Interest Expense:Deposits802.81461.6516.536.199.3722.1512.114.803.132.98
Subordinated debentures38.9237.670.811.931.871.871.870.30----
Interest Expense:Long-term obligations--------------------
Interest Expense:Federal Home Loan Bank advances----4.660.296.2611.863.751.080.670.47
Prepayment charge on Federal Home Loan Bank advances------------------0.00
Securities sold under agreement to repurchase and federal funds purchased4.873.92----------------
Interest Expense:Other borrowings190.24242.911.650.140.200.670.500.580.550.55
Total interest expense1,036.84746.1623.658.5517.7036.5518.236.764.354.00
Net Interest Income1,718.401,793.17622.84527.52500.11493.41478.84367.99333.62324.89
Provision for loan and lease losses105.92213.201.954.8077.703.4914.778.6310.788.59
Provision for losses on covered loans--------------------
Net interest income after provision for loan and lease losses1,612.481,579.97620.89522.72422.41489.91464.07359.36322.84316.30
Service charges and other fees71.5265.53--------------61.88
Merchant services fees--------------14.00--8.98
Service charges and other fees--------------------
Financial services and trust revenue20.2113.4717.6615.7512.8312.8012.1411.4811.27--
Deposit account and treasury management fees----31.5027.1127.0235.7036.0730.3828.50--
Impairment charge on investment securities--------------------
Gain (loss) on sale of investment securities, net(0.39)2.30(0.01)0.3116.712.13(0.09)(0.01)1.181.58
Gain (loss) on sale of securities available for sale, net--------------------
Redemption of Visa and Mastercard shares--------------------
Gain on sale of debt securities, net0.020.01----------------
Loan revenue(2.85)4.4112.5822.0424.8013.4711.8712.4010.97--
Mortgage banking24.1116.79----------------
Other non-interest (loss) income22.5130.539.593.842.7911.602.556.551.8618.61
Bank owned life insurance (BOLI)18.7615.627.646.536.426.296.015.384.554.44
Gain on bank acquisition--------------------
Change in FDIC loss sharing asset--------------(0.45)(2.59)(4.01)
Card revenue57.0955.2620.1918.5013.9315.2019.7225.6323.62--
Merchant processing revenue--------------4.288.73--
Total Noninterest Income210.97203.9399.1494.09104.5097.1888.26109.6488.0891.47
Salaries, Compensation and employee benefits588.83616.10241.14224.03209.72212.87200.20169.67150.28149.41
Marketing11.0411.40----------------
Advertising and promotion----3.963.384.474.935.584.474.604.71
Occupancy182.37183.4841.1537.8236.0135.1836.5832.4133.7334.82
FDIC clawback liability41.5871.40----------------
Amortization of Intangibles119.43111.308.707.998.7210.4812.246.335.956.88
Net (gain) cost of other real estate owned------------1.220.470.55(1.63)
Merger related expense23.71171.66----------------
Other66.2573.4732.2123.8036.4634.1536.6334.1628.3630.52
Communications13.8716.25----------------
Data processing----41.1233.5019.3719.1620.2418.2116.4917.42
Supplies and postage--------------------
Merchant processing----------0.00--2.204.334.20
Taxes, licenses and fees------------6.064.775.195.40
Legal and professional services57.6157.6420.5818.9112.1621.6518.0415.157.899.61
Net cost of operation of other real estate----0.110.07(0.32)(0.69)--------
Regulatory premiums----6.624.912.961.923.713.183.784.81
B&O taxes----6.805.904.975.85--------
Total Noninterest Expense1,104.691,312.70402.38360.30334.52345.48340.49291.02261.14266.15
Income Before Income Taxes718.75471.20317.65256.51192.39241.61211.84177.98149.78141.62
Current Tax Expense----73.5860.32--46.83--42.7243.0736.43
Provision (benefit) for income taxes185.08122.4867.4753.6938.1547.1638.9565.1644.9242.79
Deferred (benefit) expense----(6.11)(6.63)--0.33--22.431.856.37
Net Income (loss)533.68348.72250.18202.82154.24194.45172.88112.83104.8798.83
Less: earnings allocated to participating securities--------------------
Preferred shares--------------0.000.190.18
Nonvested restricted shares----------1.531.891.501.371.08
Net income (loss) available to common shareholders533.68348.72250.18202.82154.24192.92170.99111.32103.3197.58
Earnings (loss) allocated to common shareholders Diluted--------------------
Net income per common share:Basic2.561.793.202.792.172.682.361.861.811.71
Net income per common share:Diluted2.551.783.202.782.172.682.361.861.811.71
Weighted Average Shares Outstanding (Basic)208.46195.3078.0572.6870.8472.0072.3959.8857.1857.02
Weighted Average Shares Outstanding (Diluted)209.34195.8778.1972.8770.8872.0372.3959.8957.1957.03