Columbia State Bank completes purchase of West Coast Bank

| Print |  Email
Must Reads
Tuesday, April 02, 2013

Columbia State Bank officially completed its $573.4 million acquisition of West Coast Bank, making Oregon's 7th largest bank.

Tacoma-based Columbia Banking System Inc. in September promised to pay $264.6 million in cash and 12.8 million shares of its stock, valued Monday at $308.8 million, for the Lake Oswego-based West Coast Bancorp.

Columbia Bank now boasts more than $7 billion in assets and 157 branches in Oregon and Washington. In Oregon, it's expected to rank behind KeyCorp and ahead of Washington Federal Inc. in deposit market share with more than 70 branches and about $2.3 billion in deposits in the state.

Read more at OregonLive.com.

{biztweet}columbia bank{/biztweet}

 

More Articles

Storyteller in Chief: Natural Prophets

July/August 2015
Monday, July 13, 2015
BY SAM BLACKMAN

Storyteller-in-chief with the CEO and co-founder of Elemental Technologies.


Read more...

Is there life beyond Reed?

September 2015
Wednesday, August 19, 2015
BY GARY THILL | PHOTOS BY JASON E. KAPLAN

A storied institution climbs down from the ivory tower.


Read more...

Best Foot Forward

July/August 2015
Monday, July 13, 2015
BY CHRIS NOBLE

Whether you're stepping out to work or onto the track, Pacific Northwest shoe companies have you covered.


Read more...

Money Troubles

September 2015
Thursday, August 20, 2015
BY DAN COOK

The state’s angel investing fund gets hammered in Salem.


Read more...

Photo Log: Shooting 10 innovators in rural health care

The Latest
Monday, August 03, 2015
007blogBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

You may have noticed the photos of our rural health innovators departed from the typical Oregon Business aesthetic.


Read more...

Reader Input: Rx for Health Care

July/August 2015
Wednesday, July 15, 2015

We asked readers how Obamacare has impacted their business.


Read more...

Fueling Up for the Climb

July/August 2015
Friday, July 10, 2015
BY GREGG MORRIS

Rita Hansen aims to scale natural gas vehicle innovation.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS