<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> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <EXCHANGE-RATE> 1 <CASH> 38993 <INT-BEARING-DEPOSITS> 23734 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 47756 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 565498 <ALLOWANCE> 5625 <TOTAL-ASSETS> 710328 <DEPOSITS> 601504 <SHORT-TERM> 0 <LIABILITIES-OTHER> 7478 <LONG-TERM> 37000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 60975 <OTHER-SE> 3371 <TOTAL-LIABILITIES-AND-EQUITY> 710328 <INTEREST-LOAN> 34694 <INTEREST-INVEST> 2228 <INTEREST-OTHER> 807 <INTEREST-TOTAL> 37729 <INTEREST-DEPOSIT> 15010 <INTEREST-EXPENSE> 16347 <INTEREST-INCOME-NET> 21382 <LOAN-LOSSES> 2105 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 18502 <INCOME-PRETAX> 6914 <INCOME-PRE-EXTRAORDINARY> 4812 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4812 <EPS-PRIMARY> .85 <EPS-DILUTED> .85 <YIELD-ACTUAL> 4.89 <LOANS-NON> 492 <LOANS-PAST> 0 <LOANS-TROUBLED> 22 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 4504 <CHARGE-OFFS> 1064 <RECOVERIES> 80 <ALLOWANCE-CLOSE> 5625 <ALLOWANCE-DOMESTIC> 5625 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 255