UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Items to be Included in this Report
Item 8.01 | Other Events |
On September 30, 2021, Columbia Banking System, Inc. issued a press release reporting a quarterly cash dividend of $0.30 per share. The dividend will be paid on October 27, 2021 to shareholders of record at the close of business on October 13, 2021. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference in its entirety.
Item 9.01 | Financial Statements and Exhibits |
(d)
99.1 | Press release dated September 30, 2021 issued by Columbia Banking System, Inc. regarding a quarterly cash dividend for the quarter ended September 30, 2021. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
COLUMBIA BANKING SYSTEM, INC. | ||||||
Date: September 30, 2021 | /s/ AARON J. DEER | |||||
Aaron J. Deer | ||||||
Chief Financial Officer |
Exhibit 99.1
FOR IMMEDIATE RELEASE
September 30, 2021
Columbia Banking System Announces Increased Regular Cash Dividend of $0.30
TACOMA, WashingtonColumbia Banking System, Inc. (Columbia NASDAQ: COLB) announced today that a quarterly cash dividend of $0.30 per common share will be paid on October 27, 2021 to shareholders of record as of the close of business on October 13, 2021. This is an increase from the prior quarterly dividend of $0.28 per share.
About Columbia
Headquartered in Tacoma, Washington, Columbia Banking System, Inc. (NASDAQ: COLB) is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank with locations throughout Washington, Oregon and Idaho. The bank has been named one of Puget Sound Business Journals Washingtons Best Workplaces, more than 10 times and was ranked #1 in Customer Satisfaction with Retail Banking in the Northwest region by J.D. Power in the 2020 U.S. Retail Banking Satisfaction Study. Columbia was named the #1 bank in the Northwest on the Forbes 2020 list of Americas Best Banks marking nearly 10 consecutive years on the publications list of top financial institutions. More information about Columbia can be found on its website at www.columbiabank.com.
About Bank of Commerce
Bank of Commerce Holdings is a bank holding company headquartered in Sacramento, California and is the parent company for Merchants Bank of Commerce (the Bank). The Bank is an FDIC-insured California banking corporation providing community banking and financial services in northern California along the Interstate 5 corridor from Sacramento to Yreka and in the wine region north of San Francisco. The Bank was incorporated as a California banking corporation on November 25, 1981 and opened for business on October 22, 1982. The Companys common stock is listed on the NASDAQ Global Market and trades under the symbol BOCH.
Investor Relations Contact:
InvestorRelations@columbiabank.com
253-471-4065
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Document and Entity Information |
Sep. 30, 2021 |
---|---|
Cover [Abstract] | |
Amendment Flag | false |
Entity Central Index Key | 0000887343 |
Document Type | 8-K |
Document Period End Date | Sep. 30, 2021 |
Entity Registrant Name | COLUMBIA BANKING SYSTEM, INC. |
Entity Incorporation State Country Code | WA |
Entity File Number | 000-20288 |
Entity Tax Identification Number | 91-1422237 |
Entity Address, Address Line One | 1301 A Street |
Entity Address, City or Town | Tacoma |
Entity Address, State or Province | WA |
Entity Address, Postal Zip Code | 98402-2156 |
City Area Code | (253) |
Local Phone Number | 305-1900 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Common Stock, No Par Value |
Trading Symbol | COLB |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
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