Columbia Banking System Inc (NAS:COLB)
$ 20.37 0.05 (0.25%) Market Cap: 4.27 Bil Enterprise Value: 6.52 Bil PE Ratio: 8.74 PB Ratio: 0.86 GF Score: 40/100

Q1 2019 Columbia Banking System Inc Earnings Call Transcript

Apr 25, 2019 / 05:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Columbia Banking System First Quarter 2019 Earnings Release Presentation. (Operator Instructions) As a reminder, the conference is being recorded.

I would now like to turn the call over to our host, Hadley Robbins, President and Chief Executive Officer of Columbia Banking System.

Hadley S. Robbins
Columbia Banking System, Inc. - President, CEO & Director

Thank you, Natalie. Good morning, and [thank you] for joining us on today's call to review our first quarter 2019 results, which released before the market opened this morning. The earnings release and a supplemental slide presentation are available at columbiabank.com. We had a strong first quarter. As many of you know, we have a seasonal pattern to our performance. First quarter is typically our weakest during the year. We're very pleased with our results and see positive momentum building across our footprint. Loan production was a new first quarter record. The mix of our core deposit base remains stable and deposit cost well

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