THE DALLES, Ore., May 23 /PRNewswire-FirstCall/ -- Columbia Bancorp , the financial holding company for Columbia River Bank, announced the May, 2008 issue of US Banker Magazine ranked CRB 21st out of the Top 200 Best of the Mid-Tier banks in the nation with assets between $1 and $5 billion, based on their three year average return on equity. Columbia's three year average ROE was 17.56%. "We are extremely proud of this accomplishment," stated Roger Christensen, President and CEO of Columbia. "We are committed to keeping Columbia River Bank an organization our investors can have confidence in."
ABOUT COLUMBIA BANCORP
Columbia Bancorp (http://www.columbiabancorp.com/) is the financial holding company for Columbia River Bank, which operates 22 branches located in The Dalles (2), Hood River, Bend (3), Madras, Redmond (2), Pendleton, Hermiston, McMinnville, Lake Oswego, Canby and Newberg, Oregon, and in Goldendale, White Salmon, Pasco, Yakima, Vancouver, Sunnyside and Richland, Washington. To supplement its community banking services, Columbia River Bank also provides mortgage-lending services through the CRB Mortgage Team and brokerage services through the CRB Financial Services Team.
