Columbia Banking System Inc (NAS:COLB)
$ 31.62 -0.1 (-0.32%) Market Cap: 6.63 Bil Enterprise Value: 8.72 Bil PE Ratio: 13.69 PB Ratio: 1.26 GF Score: 38/100
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Q2 2021 Columbia Banking System Inc Earnings Call Transcript

Jul 29, 2021 / 05:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by. Welcome to Columbia Banking Systems Second Quarter 2021 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. I will now 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, Raquel. Welcome, and good morning, everyone, and thank you for joining us on today's call as we review our second quarter results, which we released before the market opened this morning. The earnings release and investor presentation are available at columbiabank.com.

Second quarter performance was outstanding as we continue to build upon the momentum generated by remaining open and externally focused over the past 17 months. Excluding PPP, our teams generated record quarterly loan production exceeding $600 million for the first time in our history and shattering the previous record set in the fourth quarter of last year.

Moreover,

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