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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Value of Initial Fixed $100
Investment Based on:
Year
Summary
Compensation
Table Total
for PEO(1) ($)
Compensation
Actually Paid to
PEO(2) ($)
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs(3) ($)
Average
Compensation
Actually Paid to
Non-PEO
NEOs(4) ($)
Total
Shareholder
Return ($)
Peer Group
Total
Shareholder
Return(5) ($)
Net Income ($)
Operating
PPNR* ($)
2024
6,340,928
9,698,516
3,605,691
4,667,476
84.22
128.85
533,675,000
870,663,000
2023
6,344,250
6,059,063
4,439,837
5,321,778
77.99
106.87
348,715,000
909,667,000
2022
4,617,338
3,995,926
1,294,835
1,241,284
82.88
110.67
250,128,000
344,995,000
2021
3,530,394
2,582,770
1,148,579
931,077
86.58
132.19
202,490,000
281,926,000
2020
3,574,309
2,927,968
1,167,507
809,584
92.24
92.50
153,532,000
278,400,000
       
Company Selected Measure Name Operating PPNR        
Named Executive Officers, Footnote Represents total compensation for Mr. Stein as reported in the applicable Summary Compensation Table.Includes the average total compensation for Messrs. Farnsworth, Merrywell, Nixon, and O’Haver in 2024; Messrs. Farnsworth, O’Haver, Merrywell, Nixon, and Aaron
James Deer in 2023; Messrs. Deer, Eric J. Eid, Merrywell, and Andrew L. McDonald in 2022 and 2021; and Messrs. Deer, Eid, Merrywell, McDonald and Gregory A.
Sigrist, and Ms. Kumi Y. Baruffi in 2020. Total compensation for non-PEO NEOs are as reported in the applicable Summary Compensation Table.
       
Peer Group Issuers, Footnote The peer group for this purpose is the KRX.        
PEO Total Compensation Amount $ 6,340,928 $ 6,344,250 $ 4,617,338 $ 3,530,394 $ 3,574,309
PEO Actually Paid Compensation Amount $ 9,698,516 6,059,063 3,995,926 2,582,770 2,927,968
Adjustment To PEO Compensation, Footnote The following supplemental table presents a reconciliation of Mr. Stein’s applicable Summary Compensation Table total to the Compensation Actually Paid, as
defined and computed in accordance with Item 402(v) of Regulation S-K. However, not all of such amounts were actually earned or received by Mr. Stein during the
applicable year.
Clint E. Stein
2024
2023
2022
2021
2020
Summary Compensation Table Total ($)
6,340,928
6,344,250
4,617,338
3,530,394
3,574,309
Change in Pension Value in Summary Compensation Table ($)
(192,940)
(11,895)
(574,126)
Pension Service Cost ($)
74,372
67,004
116,334
122,839
90,492
Grant Date Fair Value of Option Awards and Stock Awards Granted in
Covered Fiscal Year in Summary Compensation Table ($)
(3,173,878)
(3,042,229)
(2,068,190)
(1,481,188)
(1,277,308)
Fair Value at Covered Fiscal Year-End of Outstanding and Unvested Option
Awards and Stock Awards Granted in Covered Fiscal Year ($)
5,926,434
3,033,973
1,443,589
729,368
1,147,057
Change in Fair Value from Prior Fiscal Year-End to Covered Fiscal Year-
End of Outstanding and Unvested Option Awards and Stock Awards
Granted in Prior Fiscal Years ($)
654,021
(36,891)
(153,015)
(413,518)
(22,339)
Change in Fair Value as of Vesting Date from Prior Fiscal Year-End of Option
Awards and Stock Awards Granted in Prior Fiscal Years for which Applicable
Vesting Conditions were Satisfied During Covered Fiscal Year ($)
(123,361)
(114,104)
39,870
106,770
(10,117)
Compensation Actually Paid ($)
9,698,516
6,059,063
3,995,926
2,582,770
2,927,968
       
Non-PEO NEO Average Total Compensation Amount $ 3,605,691 4,439,837 1,294,835 1,148,579 1,167,507
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,667,476 5,321,778 1,241,284 931,077 809,584
Adjustment to Non-PEO NEO Compensation Footnote The following supplemental table presents a reconciliation of the average non-PEO NEO applicable Summary Compensation Table total to the Compensation Actually
Paid, as defined and computed in accordance with Item 402(v) of Regulation S-K. However, not all of such amounts were actually earned or received by the non-PEO
NEOs during the applicable year.
Non-PEO NEO Averages
2024
2023
2022
2021
2020
Summary Compensation Table Total ($)
3,605,691
4,439,837
1,294,835
1,148,579
1,167,507
Change in Pension Value in Summary Compensation Table ($)
60,815
(41,180)
(291,493)
Pension Service Cost ($)
55,668
56,288
54,442
Grant Date Fair Value of Option Awards and Stock Awards Granted in
Covered Fiscal Year in Summary Compensation Table ($)
(1,297,046)
(1,055,436)
(375,805)
(344,728)
(284,028)
Fair Value at Covered Fiscal Year-End of Outstanding and Unvested Option
Awards and Stock Awards Granted in Covered Fiscal Year ($)
2,421,912
1,721,588
278,227
185,874
277,804
Change in Fair Value from Prior Fiscal Year-End to Covered Fiscal Year-
End of Outstanding and Unvested Option Awards and Stock Awards
Granted in Prior Fiscal Years ($)
269,073
(84,422)
(32,415)
(110,456)
(11,504)
Fair Value at Vesting of Option Awards and Stock Awards Granted in
Covered Fiscal Year that Vested during Covered Fiscal Year ($)
246,481
Change in Fair Value as of Vesting Date from Prior Fiscal Year-End of Option
Awards and Stock Awards Granted in Prior Fiscal Years for which Applicable
Vesting Conditions were Satisfied During Covered Fiscal Year ($)
(332,154)
(7,085)
20,774
36,700
(6,109)
Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards
Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting
Conditions during Covered Fiscal Year ($)
(97,035)
Compensation Actually Paid ($)
4,667,476
5,321,778
1,241,284
931,077
809,584
       
Compensation Actually Paid vs. Total Shareholder Return Columbia Banking System, Inc. Compensation Actually Paid Versus TSR
The following graph compares Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our
Non-PEO NEOs, the Company's cumulative TSR and the KRX TSR over the five most recently completed fiscal years.
BarGraph1-4.jpg
       
Compensation Actually Paid vs. Net Income Columbia Banking System, Inc. Compensation Actually Paid Versus Net Income
Additionally, the following graph compares the trend in Compensation Actually Paid to net income over the five most recent
fiscal years. This illustrates that our compensation generally moves directionally with our net income.
BarGraph2-2.jpg
       
Compensation Actually Paid vs. Company Selected Measure Columbia Banking System, Inc. Compensation Actually Paid Versus Operating PPNR
Finally, the graph below compares the trend in Compensation Actually Paid to operating PPNR* over the five most recent
fiscal years.
BarGraph3-2.jpg
* A non-GAAP financial measure. Please refer to Appendix A for additional information and reconciliations to the most directly comparable GAAP financial measure.
       
Total Shareholder Return Vs Peer Group Columbia Banking System, Inc. Compensation Actually Paid Versus TSR
The following graph compares Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our
Non-PEO NEOs, the Company's cumulative TSR and the KRX TSR over the five most recently completed fiscal years.
BarGraph1-4.jpg
       
Tabular List, Table Operating PPNR*;
ROTCE*; and
TSR.
* Non-GAAP financial measure. Please refer to Appendix A for additional information and reconciliations to the most directly comparable GAAP financial measure.
       
Total Shareholder Return Amount $ 84.22 77.99 82.88 86.58 92.24
Peer Group Total Shareholder Return Amount 128.85 106.87 110.67 132.19 92.50
Net Income (Loss) $ 533,675,000 $ 348,715,000 $ 250,128,000 $ 202,490,000 $ 153,532,000
Company Selected Measure Amount 870,663,000 909,667,000 344,995,000 281,926,000 278,400,000
PEO Name Mr. Stein        
Additional 402(v) Disclosure The Company believes in the importance of maintaining a strong link between executive pay and company performance. As
required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K,
the following disclosure is provided about the relationship between executive compensation and the Company’s performance on
select financial metrics. The Compensation Committee did not consider the pay versus performance disclosure when making its
incentive compensation decisions. For a complete description regarding the Company’s compensation program, please see the
“Compensation Discussion and Analysis” section. The amounts in the table below are calculated in accordance with SEC rules and
do not represent amounts actually earned or realized by our NEOs, including with respect to RSUs and PSUs.
The following table sets forth the compensation for our Chief Executive Officer and the average compensation for our other NEOs,
each as reported in the "2024 Summary Compensation Table" section and with certain adjustments to reflect Compensation
Actually Paid, as defined and computed in accordance with SEC rules. The table also provides information with respect to
Company TSR, average TSR for the KRX, net income and the Company’s selected performance measure, operating PPNR.
*A non-GAAP financial measure. Please refer to Appendix A for additional information and reconciliations to the most directly comparable GAAP financial measure.As described in greater detail in the CD&A, Columbia's executive compensation program is rooted in a pay-for-performance
philosophy to support the long-term growth of and the strategic direction for the Company. The metrics that Columbia uses for both
our annual cash incentive and long-term incentive plans are selected based on the objective of creating a strong tie between NEO
and shareholder financial interests through sustaining positive performance over a multi-year period. The most important financial
performance measures used by the Compensation Committee to link Compensation Actually Paid to NEOs, for the most recently
completed fiscal year, to the Company’s performance are as follows:
While the Company utilizes several performance measures to align executive compensation with performance, not all of those
measures are presented in the Pay Versus Performance Table. Additionally, Columbia aims to incentivize long-term performance,
and, as such, does not specifically align the Company’s performance measures with compensation that is actually paid (as defined
by SEC rules) for a particular year. In accordance with Item 402(v) of Regulation S-K, the Company is providing the following
graphic descriptions of the relationships between information presented in the Pay Versus Performance Table.
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Operating PPNR        
Measure:: 2          
Pay vs Performance Disclosure          
Name ROTCE        
Measure:: 3          
Pay vs Performance Disclosure          
Name TSR.        
PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ (192,940) $ 0 $ (11,895) $ (574,126)
PEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 74,372 67,004 116,334 122,839 90,492
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,173,878) (3,042,229) (2,068,190) (1,481,188) (1,277,308)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 5,926,434 3,033,973 1,443,589 729,368 1,147,057
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 654,021 (36,891) (153,015) (413,518) (22,339)
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (123,361) (114,104) 39,870 106,770 (10,117)
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 60,815 0 (41,180) (291,493)
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 55,668 56,288 54,442
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,297,046) (1,055,436) (375,805) (344,728) (284,028)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,421,912 1,721,588 278,227 185,874 277,804
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 269,073 (84,422) (32,415) (110,456) (11,504)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 246,481 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (332,154) (7,085) 20,774 36,700 (6,109)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0 $ (97,035)