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Midas Edge

COLUMBIA BANKING SYSTEM INC

For the period ended Dec 31, 2023. Filed Feb 27, 2024.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 27, 2024

COLB$31.00+1.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

GLOSSARY

The acronyms, abbreviations, and terms listed below are used in various sections of this Annual Report on Form 10-K, including Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations and Item 8. Financial Statements and Supplementary Data.

GLOSSARY OF DEFINED TERMS
ACHAutomated Clearing House
ACLAllowance for Credit Losses
ACLLLAllowance for Credit Losses on Loans and Leases
ALCOAsset/Liability Management Committee
ASCAccounting Standards Codification
ASUAccounting Standards Update
ATMAutomated Teller Machine
BankUmpqua Bank
Basel IIIBasel capital framework (third accord)
BHCABank Holding Company Act of 1956
BIPOCBlack, Indigenous, and People of Color
BoardThe Company's Board of Directors
BOLIBank Owned Life Insurance
BSABank Secrecy Act
BTFPBank Term Funding Program
Capital RulesRisk-based capital standards currently applicable to the Company and the Bank
CARES ActCoronavirus Aid, Relief and Economic Security Act
CCPACalifornia Consumer Protection Act of 2018
CDLCollateral-Dependent Loans
CECLCurrent Expected Credit Losses (ASC Topic 326)
CET1Common Equity Tier 1
CFPBConsumer Financial Protection Bureau
ColumbiaColumbia Banking System, Inc.
CompanyColumbia Banking System, Inc. and its Subsidiaries
COVID-19Coronavirus Disease 2019
CPRACalifornia Privacy Rights Act
CRACommunity Reinvestment Act of 1977
CVACredit Valuation Adjustments
DCBSOregon Department of Consumer and Business Services Division of Financial Regulation
DCFDiscounted Cash Flow
DCPDeferred Compensation Plan
DEIDiversity, Equity, and Inclusion
DIFDeposit Insurance Fund
Dodd-Frank ActDodd-Frank Wall Street Reform and Consumer Protection Act
DTADeferred Tax Assets
ESGEnvironmental, Social, and Governance
ESPEmployee Stock Purchase
FASBFinancial Accounting Standards Board
FDIAFederal Deposit Insurance Act
FDICFederal Deposit Insurance Corporation
Federal ReserveBoard of Governors of the Federal Reserve System
FHLBFederal Home Loan Bank
GLOSSARY OF DEFINED TERMS (CONTINUED)
FinPacFinancial Pacific Leasing, Inc.
FintechFinancial technology
FRBFederal Reserve Bank
GAAPGenerally Accepted Accounting Principles
GDPGross Domestic Product
GNMAGovernment National Mortgage Association
HELOCHome Equity Line of Credit
IDIInsured Depository Institutions
LGDLoss Given Default
LIBORLondon Inter-Bank Offered Rate
MergerUmpqua Holdings Corporation merged with and into Columbia, with Columbia as the surviving corporation
Merger AgreementAgreement and Plan of Merger dated as of October 11, 2021, by and among UHC, Columbia, and Cascade Merger Sub, Inc., as amended on January 9, 2023
Merger DateFebruary 28, 2023
MSRMortgage Servicing Rights
NOLNet Operating Loss
OCCOffice of the Comptroller of the Currency
PCDPurchased Credit Deteriorated
PDProbability of Default
ROURight-Of-Use
RSARestricted Stock Awards
RSURestricted Stock Units
RUCReserve for Unfunded Commitments
SBASmall Business Administration
SECSecurities and Exchange Commission
SERPSupplemental Retirement Plan associated with legacy Columbia
SOFRSecured Overnight Financing Rate
SOXSarbanes-Oxley Act of 2002
SRPSupplemental Retirement Plan
SRP/DCPUmpqua Supplemental Retirement & Deferred Compensation Plan
TDRTroubled Debt Restructured
TrustsTrusts wholly-owned by the Company
UHCUmpqua Holdings Corporation
USDAUnited States Department of Agriculture
UmpquaUmpqua Bank
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.