COLUMBIA BANKING SYSTEM INC
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
COLB$30.85-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Shareholders' Equity (unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
| Common Stock · Retained Earnings (Accumulated Deficit) · Accumulated Other Comprehensive Income (Loss) | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in thousands, except shares) · Shares · Amount · Total | ||||||||
| Balance at January 1, 2023 | 129,320,962 | $3,450,493 | $(543,803) | $(426,864) | $2,479,826 | |||
| Net loss | (14,038) | (14,038) | ||||||
| Other comprehensive income, net of tax | 126,730 | 126,730 | ||||||
| Stock issued in connection with the Merger | 78,863,112 | 2,337,632 | 2,337,632 | |||||
| Stock-based compensation | 5,644 | 5,644 | ||||||
| Stock repurchased and retired | (215,229) | (5,216) | (5,216) | |||||
| Issuances of common stock under stock plans | 460,399 | — | — | |||||
| Cash dividends on common stock ($0.35 per share) | (45,855) | (45,855) | ||||||
| Balance at March 31, 2023 | 208,429,244 | $5,788,553 | $(603,696) | $(300,134) | $4,884,723 | |||
| Net income | 133,377 | 133,377 | ||||||
| Other comprehensive loss, net of tax | (118,628) | (118,628) | ||||||
| Stock issued in connection with the Merger | 1,646 | 1,646 | ||||||
| Stock-based compensation | 3,335 | 3,335 | ||||||
| Stock repurchased and retired | (32,727) | (742) | (742) | |||||
| Issuances of common stock under stock plans | 117,122 | — | — | |||||
| Cash dividends on common stock ($0.36 per share) | (75,523) | (75,523) | ||||||
| Balance at June 30, 2023 | 208,513,639 | $5,792,792 | $(545,842) | $(418,762) | $4,828,188 | |||
| Net income | 135,845 | 135,845 | ||||||
| Other comprehensive loss, net of tax | (261,667) | (261,667) | ||||||
| Stock-based compensation | 4,338 | 4,338 | ||||||
| Stock repurchased and retired | (7,072) | (148) | (148) | |||||
| Issuances of common stock under stock plans | 10,472 | — | — | |||||
| Issuances of common stock under the employee stock purchase plan | 58,440 | 1,185 | 1,185 | |||||
| Cash dividends on common stock ($0.36 per share) | (75,579) | (75,579) | ||||||
| Balance at September 30, 2023 | 208,575,479 | $5,798,167 | $(485,576) | $(680,429) | $4,632,162 | |||
| Net income | 93,531 | 93,531 | ||||||
| Other comprehensive income, net of tax | 340,287 | 340,287 | ||||||
| Stock-based compensation | 4,756 | 4,756 | ||||||
| Stock repurchased and retired | (8,807) | (176) | (176) | |||||
| Issuances of common stock under stock plans | 17,995 | — | — | |||||
| Cash dividends on common stock ($0.36 per share) | (75,526) | (75,526) | ||||||
| Balance at December 31, 2023 | 208,584,667 | $5,802,747 | $(467,571) | $(340,142) | $4,995,034 | |||
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
(UNAUDITED)(Continued)
| Common Stock · Retained Earnings (Accumulated Deficit) · Accumulated Other Comprehensive Income (Loss) | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in thousands, except shares) · Shares · Amount · Total | ||||||||
| Balance at January 1, 2024 | 208,584,667 | $5,802,747 | $(467,571) | $(340,142) | $4,995,034 | |||
| Net income | 124,080 | 124,080 | ||||||
| Other comprehensive loss, net of tax | (85,989) | (85,989) | ||||||
| Stock-based compensation | 4,422 | 4,422 | ||||||
| Stock repurchased and retired | (240,329) | (4,847) | (4,847) | |||||
| Issuances of common stock under stock plans | 1,026,057 | — | — | |||||
| Cash dividends on common stock ($0.36 per share) | (75,455) | (75,455) | ||||||
| Balance at March 31, 2024 | 209,370,395 | $5,802,322 | $(418,946) | $(426,131) | $4,957,245 | |||
| Net income | 120,144 | 120,144 | ||||||
| Other comprehensive loss, net of tax | (29,551) | (29,551) | ||||||
| Stock-based compensation | 5,486 | 5,486 | ||||||
| Stock repurchased and retired | (41,399) | (767) | (767) | |||||
| Issuances of common stock under stock plans | 130,127 | — | — | |||||
| Cash dividends on common stock ($0.36 per share) | (75,885) | (75,885) | ||||||
| Balance at June 30, 2024 | 209,459,123 | $5,807,041 | $(374,687) | $(455,682) | $4,976,672 | |||
| Net income | 146,182 | 146,182 | ||||||
| Other comprehensive income, net of tax | 221,798 | 221,798 | ||||||
| Stock-based compensation | 5,216 | 5,216 | ||||||
| Stock repurchased and retired | (870) | (20) | (20) | |||||
| Issuances of common stock under stock plans | 73,629 | — | — | |||||
| Cash dividends on common stock ($0.36 per share) | (76,020) | (76,020) | ||||||
| Balance at September 30, 2024 | 209,531,882 | $5,812,237 | $(304,525) | $(233,884) | $5,273,828 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.