XML 24 R104.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Tax (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Tax Contingency [Line Items]                      
Unrecognized tax position $ 0us-gaap_DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfDomesticSubsidiaries               $ 0us-gaap_DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfDomesticSubsidiaries    
Interest and penalties on unrecognized tax benefits                 0us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense    
Federal operating loss carryforwards, set to begin to expire in 2024 30,700,000colb_Federaloperatinglosscarryforwardssettobegintoexpirein2024               30,700,000colb_Federaloperatinglosscarryforwardssettobegintoexpirein2024    
Idaho state operating loss carryforwards, set to begin to expire in 2024 38,100,000colb_Idahostateoperatinglosscarryforwardssettobegintoexpirein2024               38,100,000colb_Idahostateoperatinglosscarryforwardssettobegintoexpirein2024    
Deferred Tax Assets, Operating Loss Carryforwards 14,929,000us-gaap_DeferredTaxAssetsOperatingLossCarryforwards       1,250,000us-gaap_DeferredTaxAssetsOperatingLossCarryforwards [1]       14,929,000us-gaap_DeferredTaxAssetsOperatingLossCarryforwards 1,250,000us-gaap_DeferredTaxAssetsOperatingLossCarryforwards [1]  
State operating loss carryforwards, set to begin to expire in 2024 13,500,000colb_Oregonstateoperatinglosscarryforwardssettobegintoexpirein2024               13,500,000colb_Oregonstateoperatinglosscarryforwardssettobegintoexpirein2024    
Federal tax credit carryforwards 561,000colb_Federaltaxcreditcarryforwardssettoexpirein2015               561,000colb_Federaltaxcreditcarryforwardssettoexpirein2015    
State tax credit carryforwards, set to expire in 2015 1,600,000colb_Statetaxcreditcarryforwardssettoexpirein2015               1,600,000colb_Statetaxcreditcarryforwardssettoexpirein2015    
Current tax (benefit) expense                 21,565,000us-gaap_CurrentIncomeTaxExpenseBenefit 21,581,000us-gaap_CurrentIncomeTaxExpenseBenefit 21,218,000us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred tax expense (benefit)                 14,646,000us-gaap_DeferredIncomeTaxExpenseBenefit 5,413,000us-gaap_DeferredIncomeTaxExpenseBenefit (3,656,000)us-gaap_DeferredIncomeTaxExpenseBenefit
Income tax expense (benefit) 9,167,000us-gaap_IncomeTaxExpenseBenefit 9,605,000us-gaap_IncomeTaxExpenseBenefit 8,643,000us-gaap_IncomeTaxExpenseBenefit 8,796,000us-gaap_IncomeTaxExpenseBenefit 7,911,000us-gaap_IncomeTaxExpenseBenefit 6,734,000us-gaap_IncomeTaxExpenseBenefit 7,414,000us-gaap_IncomeTaxExpenseBenefit 4,935,000us-gaap_IncomeTaxExpenseBenefit 36,211,000us-gaap_IncomeTaxExpenseBenefit 26,994,000us-gaap_IncomeTaxExpenseBenefit 17,562,000us-gaap_IncomeTaxExpenseBenefit
Deferred tax assets:                      
Allowance for loan and lease losses 26,341,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses       27,196,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses       26,341,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses 27,196,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses  
Supplemental executive retirement plan 9,037,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits       8,565,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits       9,037,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits 8,565,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits  
Stock option and restricted stock 1,177,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost       917,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost       1,177,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost 917,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost  
OREO 1,101,000colb_DeferredTaxAssetOtherRealEstateOwnedCosts       7,929,000colb_DeferredTaxAssetOtherRealEstateOwnedCosts       1,101,000colb_DeferredTaxAssetOtherRealEstateOwnedCosts 7,929,000colb_DeferredTaxAssetOtherRealEstateOwnedCosts  
Nonaccrual interest 68,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts       2,354,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts       68,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts 2,354,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts  
Deferred tax assets, purchase accounting 15,272,000colb_Deferredtaxassetspurchaseaccounting       15,551,000colb_Deferredtaxassetspurchaseaccounting       15,272,000colb_Deferredtaxassetspurchaseaccounting 15,551,000colb_Deferredtaxassetspurchaseaccounting  
Deferred Tax Assets, Unrealized Losses on Available-for-Sale Securities, Gross 0us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross       7,176,000us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross       0us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross 7,176,000us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross  
deferred tax liabilities, unrealized gains on available-for-sale securities 2,987,000colb_Deferredtaxliabilitiesunrealizedgainsonavailableforsalesecurities       0colb_Deferredtaxliabilitiesunrealizedgainsonavailableforsalesecurities       2,987,000colb_Deferredtaxliabilitiesunrealizedgainsonavailableforsalesecurities 0colb_Deferredtaxliabilitiesunrealizedgainsonavailableforsalesecurities  
Other 532,000us-gaap_DeferredTaxAssetsOther       491,000us-gaap_DeferredTaxAssetsOther [1]       532,000us-gaap_DeferredTaxAssetsOther 491,000us-gaap_DeferredTaxAssetsOther [1]  
Total deferred tax assets 68,457,000us-gaap_DeferredTaxAssetsGross       71,429,000us-gaap_DeferredTaxAssetsGross       68,457,000us-gaap_DeferredTaxAssetsGross 71,429,000us-gaap_DeferredTaxAssetsGross  
Deferred tax liabilities:                      
Asset purchase tax basis difference (6,595,000)colb_DeferredTaxLiabilitiesAssetPurchaseTaxBasisDifference       (7,754,000)colb_DeferredTaxLiabilitiesAssetPurchaseTaxBasisDifference       (6,595,000)colb_DeferredTaxLiabilitiesAssetPurchaseTaxBasisDifference (7,754,000)colb_DeferredTaxLiabilitiesAssetPurchaseTaxBasisDifference  
FHLB stock dividends (4,086,000)colb_DeferredTaxLiabilitiesStockDividends       (4,159,000)colb_DeferredTaxLiabilitiesStockDividends       (4,086,000)colb_DeferredTaxLiabilitiesStockDividends (4,159,000)colb_DeferredTaxLiabilitiesStockDividends  
Deferred loan fees (4,691,000)us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts       (4,512,000)us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts       (4,691,000)us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts (4,512,000)us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts  
Depreciation (5,394,000)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment       (7,076,000)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment       (5,394,000)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment (7,076,000)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment  
Total deferred tax liabilities 23,753,000us-gaap_DeferredTaxLiabilities       23,501,000us-gaap_DeferredTaxLiabilities       23,753,000us-gaap_DeferredTaxLiabilities 23,501,000us-gaap_DeferredTaxLiabilities  
Net deferred tax (liability) asset 44,704,000us-gaap_DeferredTaxAssetsLiabilitiesNet       47,928,000us-gaap_DeferredTaxAssetsLiabilitiesNet       44,704,000us-gaap_DeferredTaxAssetsLiabilitiesNet 47,928,000us-gaap_DeferredTaxAssetsLiabilitiesNet  
Reconciliation of effective income tax rate with federal statutory tax rate                      
Income tax based on statutory rate                 41,225,000us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate 30,454,000us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate 22,297,000us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
Income tax based on statutory rate, percent                 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
Tax exempt instrument                 (5,328,000)us-gaap_IncomeTaxReconciliationTaxExemptIncome (4,113,000)us-gaap_IncomeTaxReconciliationTaxExemptIncome (3,906,000)us-gaap_IncomeTaxReconciliationTaxExemptIncome
Tax exempt instrument, percent                 (5.00%)us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome (5.00%)us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome (6.00%)us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome
Life insurance proceeds                 (1,352,000)colb_IncomeTaxReconciliationLifeInsuranceProceeds (1,250,000)colb_IncomeTaxReconciliationLifeInsuranceProceeds (1,001,000)colb_IncomeTaxReconciliationLifeInsuranceProceeds
Life insurance proceeds, percent                 (1.00%)colb_EffectiveIncomeTaxRateReconciliationLifeInsuranceProceeds (1.00%)colb_EffectiveIncomeTaxRateReconciliationLifeInsuranceProceeds (2.00%)colb_EffectiveIncomeTaxRateReconciliationLifeInsuranceProceeds
effective income tax rate reconciliation, nondeductible expense, business combination, amount                 448,000colb_Effectiveincometaxratereconciliationnondeductibleexpensebusinesscombinationamount 1,362,000colb_Effectiveincometaxratereconciliationnondeductibleexpensebusinesscombinationamount 0colb_Effectiveincometaxratereconciliationnondeductibleexpensebusinesscombinationamount
effective income tax rate reconciliation, nondeductible expense, business combination, percent                 0.00%colb_Effectiveincometaxratereconciliationnondeductibleexpensebusinesscombinationpercent 2.00%colb_Effectiveincometaxratereconciliationnondeductibleexpensebusinesscombinationpercent 0.00%colb_Effectiveincometaxratereconciliationnondeductibleexpensebusinesscombinationpercent
Other, net                 1,218,000us-gaap_IncomeTaxReconciliationOtherAdjustments 541,000us-gaap_IncomeTaxReconciliationOtherAdjustments 172,000us-gaap_IncomeTaxReconciliationOtherAdjustments
Other, net, percent                 2.00%us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments 0.00%us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments 0.00%us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments
Income tax expense (benefit) $ 9,167,000us-gaap_IncomeTaxExpenseBenefit $ 9,605,000us-gaap_IncomeTaxExpenseBenefit $ 8,643,000us-gaap_IncomeTaxExpenseBenefit $ 8,796,000us-gaap_IncomeTaxExpenseBenefit $ 7,911,000us-gaap_IncomeTaxExpenseBenefit $ 6,734,000us-gaap_IncomeTaxExpenseBenefit $ 7,414,000us-gaap_IncomeTaxExpenseBenefit $ 4,935,000us-gaap_IncomeTaxExpenseBenefit $ 36,211,000us-gaap_IncomeTaxExpenseBenefit $ 26,994,000us-gaap_IncomeTaxExpenseBenefit $ 17,562,000us-gaap_IncomeTaxExpenseBenefit
Income tax provision (benefit), percent                 31.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations 31.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations 27.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
[1] Reclassified to conform to current period presentation. The reclassification was limited to including previously reported amounts for net operating losses and credit carryforwards, which had been included in the row for other deferred tax assets into a separate row.