secwatch.observer — SEC 8-K summary
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Issuer:     COLUMBIA BANKING SYSTEM, INC. (COLB)
CIK:        0000887343
Form:       8-K
Filed at:   2023-01-10T23:59:59+00:00
Accession:  0001193125-23-005000
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Columbia-Umpqua merger gets FDIC approval; closing by end of Feb 2023
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- FDIC approved bank merger of Columbia State Bank into Umpqua Bank, final regulatory approval.
- Merger expected to close by end of February; outside date extended to March 11, 2023.
- Combined company to have >$50B assets, operate in eight western states, trade under COLB.
- Branch divestitures of 10 branches required as condition; previously announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887343/000119312523005000/0001193125-23-005000-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887343/000119312523005000/d124899d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-005000

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