EXHIBIT 99(b)
                       
                        REVOCABLE PROXY OF BANK OF FIFE
                        SPECIAL MEETING OF SHAREHOLDERS
                                   
                               NOVEMBER 20, 1997      

    
     The undersigned hereby appoints James L. Davis and Robert Oldright, and
each of them (with full power to act alone) as proxies, with full power of
substitution, and hereby authorizes them to represent and to vote, as designated
below, all the shares of Bank of Fife common stock, $0.50 par value per share,
held of record by the undersigned on October 15, 1997, at a Special Meeting of
Shareholders to be held at the Bank's office located at 5501 Pacific Highway
East, Fife, Washington on November 20, 1997, at 5:30 p.m., local time, and at
any and all adjournments of such Meeting, as follows:      

                                                                                        
     1.  Merger Proposal.  A proposal to approve the merger of           FOR       AGAINST       ABSTAIN
         the Bank of Fife with and into Columbia State Bank, with        ---       -------       -------
         Columbia State Bank as the survivor, pursuant to the           [   ]        [   ]        [   ]
         Agreement and Plan of Reorganization and Merger dated
         as of July 30, 1997.


        THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE "FOR" THE 
                                ABOVE PROPOSAL.

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THIS PROXY WILL BE VOTED AS DIRECTED, BUT IF NO INSTRUCTIONS ARE SPECIFIED, THIS
PROXY WILL BE VOTED FOR THE PROPOSITION STATED. IF ANY OTHER BUSINESS IS
PRESENTED AT SUCH MEETING, THIS PROXY WILL BE VOTED BY THOSE NAMED IN THIS PROXY
IN THEIR BEST JUDGMENT. AT THE PRESENT TIME, THE BOARD OF DIRECTORS KNOWS OF NO
OTHER BUSINESS TO BE PRESENTED AT THE MEETING. HOWEVER, IF ANY OTHER MATTERS ARE
PROPERLY PRESENTED AT THE MEETING, THIS PROXY WILL BE VOTED IN ACCORDANCE WITH
THE RECOMMENDATIONS OF MANAGEMENT. THIS PROXY IS SOLICITED BY THE BOARD OF
DIRECTORS.
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     Please sign exactly as your name appears on this form of proxy.  When
signing as attorney, executor, administrator, trustee or guardian, please give
your full title.  If shares are held jointly, each holder must sign.  In the
event that you are present and elect to vote at the Special Meeting or at any
adjournment thereof, you must notify the Secretary of the Bank of Fife at the
Special Meeting of your decision to terminate this proxy, and then the power of
said attorneys and proxies shall be deemed terminated and of no further force
and effect.

    
     The undersigned acknowledges that prior to the execution of this proxy, he
or she received from the Bank of Fife, notice of the Special Meeting and a Joint
Proxy Statement/Prospectus dated October 16, 1997.      

Dated: ____________________, 1997
 
 
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PRINT NAME OF SHAREHOLDER                PRINT NAME OF SHAREHOLDER
 
 
 
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SIGNATURE OF SHAREHOLDER                 SIGNATURE OF SHAREHOLDER


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   PLEASE COMPLETE, DATE, SIGN AND MAIL THIS PROXY PROMPTLY IN THE ENCLOSED 
                           POSTAGE PREPAID ENVELOPE.
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