Columbia Banking postpones earnings release

Citing "complexities," officials at Columbia Banking System Inc. said they're going to delay reporting their fourth-quarter and fiscal 2010 earnings, which was originally scheduled for Jan. 27.
?Due to the complexities of the accounting and audit processes associated with the company?s acquired loan portfolios, it has taken a little longer than we had expected to finalize our year-end financials," said Melanie Dressel, president and CEO of the Tacoma bank (NASDAQ: COLB), in a statement.
Analysts polled by Thomson Reuters First Call expect fourth-quarter earnings of 13 cents per share and fiscal 2010 earnings of 53 cents per share when the bank does report its...

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