<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> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <EXCHANGE-RATE> 1 <CASH> 57626 <INT-BEARING-DEPOSITS> 26313 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 61497 <INVESTMENTS-CARRYING> 7254 <INVESTMENTS-MARKET> 0 <LOANS> 752968 <ALLOWANCE> 8877 <TOTAL-ASSETS> 953722 <DEPOSITS> 829959 <SHORT-TERM> 0 <LIABILITIES-OTHER> 5981 <LONG-TERM> 34000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 68442 <OTHER-SE> 15340 <TOTAL-LIABILITIES-AND-EQUITY> 953722 <INTEREST-LOAN> 32375 <INTEREST-INVEST> 2404 <INTEREST-OTHER> 513 <INTEREST-TOTAL> 35292 <INTEREST-DEPOSIT> 13872 <INTEREST-EXPENSE> 14948 <INTEREST-INCOME-NET> 20344 <LOAN-LOSSES> 1000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 17095 <INCOME-PRETAX> 7640 <INCOME-PRE-EXTRAORDINARY> 7640 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4961 <EPS-PRIMARY> .50 <EPS-DILUTED> .48 <YIELD-ACTUAL> 5.05 <LOANS-NON> 2090 <LOANS-PAST> 0 <LOANS-TROUBLED> 18 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 8440 <CHARGE-OFFS> 738 <RECOVERIES> 175 <ALLOWANCE-CLOSE> 8877 <ALLOWANCE-DOMESTIC> 8877 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1542