COLUMBIA, Md., June 24, 1997 -- Columbia Bancorp (the "Company") announced
this day declaration of its quarterly common stock cash dividend of $.12 per
share. Specifically, the Board of Directors of the Company authorized and
declared a quarterly cash dividend on common stock of $.12 per share on June
23, 1997. The dividend will be paid on July 25, 1997, to stockholders of
record at the close of business on July 15, 1997.

Columbia Bancorp, headquartered in Columbia, Maryland, is a bank holding
company and parent company of The Columbia Bank, a commercial bank. The
Columbia Bank currently operates thirteen banking offices and provides a full
range of financial services to consumers and businesses. Columbia Bancorp's
Common Stock is traded on the National Market tier of The Nasdaq Stock Market
under the symbol "CBMD."