![]() ![]() ![]() We remain on track to meet our original target over the next 2 months and additional opportunities beyond $135 million have already been identified. I’m pleased to report we have already surpassed $100 million in cost synergies. Merger integration activity remains a heightened priority, but we are nearing its completion as milestones continue to be achieved on or ahead of schedule. It was another productive quarter for Columbia. We encourage you to review the GAAP to non-GAAP reconciliations provided in our earnings release and throughout the earnings presentation. We will also reference non-GAAP financial measures alongside our discussion of GAAP results. For a list of factors that may cause actual results to differ materially from expectations, please refer to Slide 2 of our earnings presentation, as well as the disclosures contained within our SEC filings. During today’s call, we will make forward-looking statements, which are subject to risks and uncertainties and are intended to be covered by the Safe Harbor provisions of federal securities law. With me this afternoon are Clint Stein, President and CEO of Columbia Banking System Chris Merrywell and Tory Nixon, the Presidents of Umpqua Bank Ron Farnsworth, Chief Financial Officer and Frank Namdar, Chief Credit Officer.Īfter our prepared remarks, we’ll take your questions. The earnings release and corresponding presentation, which we will refer to during our remarks this afternoon, are available on our website at. Thank you for joining us as we review our second quarter 2023 results, which we released shortly after the market closed today. At this time, I would like to introduce Jacque Bohlen, Investor Relations Director for Columbia to begin the conference. Welcome to Columbia Banking System’s Second Quarter 2023 Earnings Conference Call. ( NASDAQ: COLB) Q2 2023 Earnings Conference Call J5:30 PM ETĬlint Stein - President and Chief Executive Officer ![]()
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