COLUMBIA, Md., July 12 /PRNewswire-FirstCall/ --
Columbia Bancorp (Nasdaq: CBMD), parent Company of The Columbia Bank, today
announced it has been added to the Russell 2000(R) Index (the "Index") as of
June 30, 2002. This represents the first time Columbia Bancorp has been
included in the Index.
The Index measures the performance of the 2,000 smallest companies
included in the Russell 3000(R) Index, which represents the 3,000 largest U.S.
companies based on total market capitalization. The Index is reconstituted
annually.
Mr. John M. Bond, Jr., President and Chief Executive Officer of Columbia
Bancorp, commented, "Our inclusion in the Index is a significant milestone for
our company, shareholders and dedicated employees. It is evidence of the
success we have achieved in our relatively short history."
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 twenty-three banking offices in the
Baltimore/Washington Corridor 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(SM) under the symbol "CBMD".
SOURCE Columbia Bancorp
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Related links:
http://www.columbank.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/127921.html
CONTACT:
John A. Scaldara, Jr., CFO and Secretary of
Columbia Bancorp, +1-410-465-4800
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