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Columbia Bancorp Announces Dividend

    COLUMBIA, Md., March 31 /PRNewswire/ -- Columbia Bancorp (Nasdaq: CBMD)
announced this day continuation of its quarterly common stock cash dividend of
$.09 per share.  Specifically, the Board of Directors of the Company
authorized and declared a quarterly cash dividend on common stock of $.09 per
share on March 27, 2000.  The dividend will be paid on April 24, 2000 to
stockholders of record at the close of business on April 10, 2000.
    Columbia Bancorp, headquartered in Columbia, Maryland, is a bank holding
company and parent company of The Columbia Bank, a commercial bank.  On March
8, 2000, Columbia Bancorp announced the merger of Suburban Bancshares, Inc.
(Nasdaq: SBNK) into Columbia Bancorp.  With the addition of Suburban
Bancshares, Columbia Bancorp operates twenty-three banking offices in the
Baltimore/Washington Corridor with pro forma combined total assets of
approximately $700 million.


SOURCE Columbia Bancorp




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Related links:
  • http://www.columbank.com
    Company News On-Call:
  • http://www.prnewswire.com/comp/127921.html or fax,
    800-758-5804, ext. 127921
    CONTACT:
    John A. Scaldara, Jr., CFO and Secretary, of
    Columbia Bancorp, 410-465-4800