For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue from contract with customer-Total Service Chargeson Deposits | 84,000 | - | ||
| Revenue from contract with customer-Card Based Fees | 58,000 | - | ||
| Revenue from contract with customer-Investment Advisory Management And Administrative Service | 35,000 | - | ||
| Residential mortgage banking revenue, net | 31,000 | 24,108 | ||
| Gain on investment securities, net | 6,000 | 24 | ||
| (loss) gain on equity securities, net | - | -392 | ||
| Gain (loss) on loan and lease sales, net | 1,000 | -2,853 | ||
| Gain (loss) on certain loans held for investment, at fair value | 11,000 | - | ||
| Revenue from contract with customer | - | 148,814 | ||
| Bank-owned life insurance income | 25,000 | 18,760 | ||
| Other income | 47,000 | 22,505 | ||
| Total non-interest income | 298,000 | 210,966 | ||
| Interest and fees on loans and leases | 2,458,000 | 2,320,364 | ||
| Taxable | 340,000 | 305,173 | ||
| Exempt from federal income tax | 34,000 | 27,515 | ||
| Dividends | 13,000 | 11,961 | ||
| Interest on temporary investments and interest-bearing deposits | 71,000 | 90,227 | ||
| Total interest income | 2,916,000 | 2,755,240 | ||
| Interest on deposits | 747,000 | 802,806 | ||
| Interest on securities sold under agreement to repurchase and federal funds purchased | 4,000 | 4,873 | ||
| Interest on borrowings | 128,000 | 190,241 | ||
| Interest on junior and other subordinated debentures | 34,000 | 38,918 | ||
| Total interest expense | 913,000 | 1,036,838 | ||
| Net interest income | 2,003,000 | 1,718,402 | ||
| Provision for credit losses | 150,000 | 105,924 | ||
| Net interest income after provision for credit losses | 1,853,000 | 1,612,478 | ||
| Salaries and employee benefits | 672,000 | 588,830 | ||
| Occupancy and equipment, net | 216,000 | 182,372 | ||
| Communications | 14,000 | 13,871 | ||
| Marketing | 15,000 | 11,036 | ||
| Services | 57,000 | 57,614 | ||
| Deposit costs | 24,000 | - | ||
| Fdic assessments | 28,000 | 41,577 | ||
| Intangible amortization | 127,000 | 119,431 | ||
| Merger and restructuring expense | 148,000 | 23,713 | ||
| Legal settlement | -55,000 | - | ||
| Other expenses | 67,000 | 66,250 | ||
| Total non-interest expense | 1,423,000 | 1,104,694 | ||
| Income before provision for income taxes | 728,000 | 718,750 | ||
| Provision for income taxes | 178,000 | 185,075 | ||
| Net income | 550,000 | 533,675 | ||
| Basic EPS | 2.31 | 2.56 | ||
| Diluted EPS | 2.3 | 2.55 | ||
| Basic Average Shares | 238,022,000 | 208,463,000 | ||
| Diluted Average Shares | 239,121,000 | 209,337,000 | ||
COLUMBIA BANKING SYSTEM, INC. (COLB)
COLUMBIA BANKING SYSTEM, INC. (COLB)