Columbia Banking System(COLB) - 2023 Q2 - Earnings Call Presentation
FORWARD-LOOKING STATEMENTS Merger Update: Cost Synergies Remain on Track for Completion by September 30, 2023 5 ■ We continue to maintain an elevated cash position on the balance sheet to maintain flexibility, and we intend to continue to do so for the foreseeable future. ■ Market liquidity tightening, the impact of inflation on customer spending, and businesses' use of cash continued to pressure customer deposit balances during the second quarter. 2 nd Quarter 2023 Earnings Presentation REVERSE ACQUISITION ...