Q4 2019 Columbia Banking System Inc Earnings Call Transcript

Jan 23, 2020 / 06:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by. Welcome to Columbia Banking System's Fourth Quarter and Full Year 2019 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. I would now like to turn the call over to your host, Clint Stein, President and Chief Executive Officer of Columbia Banking System.

Clint E. Stein - Columbia Banking System, Inc. - CEO, President & Director

Thank you, Mike. Good morning, everyone. Thank you for joining us on today's call as we review our fourth quarter and full year 2019 results, which we released before the market opened this morning. The earnings release and the supplemental slide presentation are available at columbiabank.com.

Due to the hard work and dedication of our talented bankers, 2019 was our best year ever. We achieved record loan production while maintaining our disciplines that have produced industry-leading credit quality. All of these factors combined generated record annual earnings exceeding the prior year high set in 2018 by 12%. The tireless

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