Pursuant to Rule 425 under the Securities Act
of 1933 and deemed filed pursuant to Rule
14a-12 under the Securities Exchange Act of 1934
Subject Company: Columbia Bancorp
(Commission File No. 000-24302)
FOR IMMEDIATE RELEASE | Contact: Laura J. Wakeley Office: (717) 291-2616 |
(July 26) — Lancaster, Pa. — Fulton Financial Corporation (NASDAQ: FULT), based in Lancaster, Pennsylvania with assets of $12.1 billion, has signed a definitive agreement to acquire Columbia Bancorp (NASDAQ: CBMD), based in Columbia, MD. Columbia Bancorp’s sole banking subsidiary is The Columbia Bank, also based in Columbia.
Columbia Bancorp, with approximately $1.3 billion in assets, operates 19 full-service community banking offices and five retirement community banking offices in Howard, Montgomery, Prince George’s and Baltimore Counties as well as Baltimore City.
Rufus A. Fulton, Jr., Chairman and CEO of Fulton Financial Corporation and John M. Bond, Jr., Chairman and CEO of Columbia Bancorp, made the merger announcement jointly today.
“We are very pleased that Columbia Bancorp has made the decision to join Fulton Financial,” said Fulton. “This transaction will be our third acquisition in Maryland, and our largest acquisition to date. Thanks to the hard work of its