{"schema_version":"secwatch.filing_event.v1","accession":"0000887343-24-000111","form_type":"8-K","ticker":"COLB","cik":"0000887343","company_name":"COLUMBIA BANKING SYSTEM, INC.","filed_at":"2024-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.156442+00:00","generated_at":"2026-06-05T05:11:11.304261+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Columbia Banking System targets Q4 2024 core expense run rate of $965M-$985M; provides operational update","bullets":["Q4 2024 core expense run rate target $965M-$985M annualized (excludes CDI amortization and non-operating items).","Q4 2023 operating PPNR $212M; operating ROA 0.89%; tangible book value $16.12 per share (up 13% QoQ).","Deposit cost 1.63% in Q4 2023 (top quartile of peers); non-interest deposits 34% of total; uninsured deposits 33%.","Available liquidity $18.7B (138% of uninsured deposits); loan-to-deposit ratio 90%; CET1 ratio 9.6%.","Near-term actions include branch consolidation, deposit rate management, and FinPac cost rationalization."],"urls":{"canonical":"https://secwatch.observer/filing/0000887343-24-000111","json":"https://secwatch.observer/filing/0000887343-24-000111.json","markdown":"https://secwatch.observer/filing/0000887343-24-000111.md","text":"https://secwatch.observer/filing/0000887343-24-000111.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887343/000088734324000111/0000887343-24-000111-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887343/000088734324000111/colb-20240304.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:11:11.304261+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}