<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-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 49311 <INT-BEARING-DEPOSITS> 43170 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 90392 <INVESTMENTS-CARRYING> 6808 <INVESTMENTS-MARKET> 0 <LOANS> 767512 <ALLOWANCE> 9273 <TOTAL-ASSETS> 1006959 <DEPOSITS> 880951 <SHORT-TERM> 0 <LIABILITIES-OTHER> 7208 <LONG-TERM> 32000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 68541 <OTHER-SE> 18259 <TOTAL-LIABILITIES-AND-EQUITY> 1006959 <INTEREST-LOAN> 49521 <INTEREST-INVEST> 3655 <INTEREST-OTHER> 1125 <INTEREST-TOTAL> 54301 <INTEREST-DEPOSIT> 21700 <INTEREST-EXPENSE> 23229 <INTEREST-INCOME-NET> 31072 <LOAN-LOSSES> 1450 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 26551 <INCOME-PRETAX> 11596 <INCOME-PRE-EXTRAORDINARY> 11596 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7555 <EPS-PRIMARY> .75 <EPS-DILUTED> .73 <YIELD-ACTUAL> 4.97 <LOANS-NON> 3453 <LOANS-PAST> 0 <LOANS-TROUBLED> 1744 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 8440 <CHARGE-OFFS> 851 <RECOVERIES> 234 <ALLOWANCE-CLOSE> 9273 <ALLOWANCE-DOMESTIC> 9273 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 645