<ARTICLE> 9 <LEGEND> FINANCIAL DATA SCHEDULE Columbia Banking System, Inc. (in thousands except per share) </LEGEND> <CIK> 0000887343 <NAME> COLUMBIA BANKING SYSTEM, INC. <MULTIPLIER> 1000 <CURRENCY> $ <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 27522 <INT-BEARING-DEPOSITS> 28069 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 45125 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 476607 <ALLOWANCE> 4806 <TOTAL-ASSETS> 608507 <DEPOSITS> 521919 <SHORT-TERM> 0 <LIABILITIES-OTHER> 4582 <LONG-TERM> 22000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 56446 <OTHER-SE> 3560 <TOTAL-LIABILITIES-AND-EQUITY> 608507 <INTEREST-LOAN> 10293 <INTEREST-INVEST> 683 <INTEREST-OTHER> 377 <INTEREST-TOTAL> 11353 <INTEREST-DEPOSIT> 4649 <INTEREST-EXPENSE> 5079 <INTEREST-INCOME-NET> 6274 <LOAN-LOSSES> 400 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 5885 <INCOME-PRETAX> 1479 <INCOME-PRE-EXTRAORDINARY> 1053 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1053 <EPS-PRIMARY> .19 <EPS-DILUTED> .19 <YIELD-ACTUAL> 4.68 <LOANS-NON> 1721 <LOANS-PAST> 0 <LOANS-TROUBLED> 24 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 4504 <CHARGE-OFFS> 117 <RECOVERIES> 19 <ALLOWANCE-CLOSE> 4806 <ALLOWANCE-DOMESTIC> 4806 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> (139)