Columbia Bancorp Shareholders Approve Merger With Fulton Financial Corporation
December 05 2005 - 12:30PM
PR Newswire (US)
COLUMBIA, Md., Dec. 5 /PRNewswire-FirstCall/ -- Columbia Bancorp
(NASDAQ:CBMD) ("Columbia") announced today that shareholders
approved the acquisition of Columbia by Fulton Financial
Corporation (NASDAQ:FULT) ("Fulton"), a $12.3 billion financial
holding company based in Lancaster, PA. The vote at the special
shareholders' meeting today was required for the merger to proceed.
Upon receipt of the required regulatory approvals, Fulton and
Columbia expect to complete the merger in the first quarter of
2006. Columbia is the holding company for The Columbia Bank, which
is headquartered in Columbia, Maryland. The company has
approximately $1.3 billion in assets and currently operates 19
full-service community banking offices and 5 retirement community
banking offices in Howard, Montgomery, Prince George's and
Baltimore Counties, Maryland, as well as Baltimore City. The
Columbia Bank will be Fulton's 15th banking affiliate and will
continue to operate as The Columbia Bank. Fulton operates 232
banking offices in Pennsylvania, Maryland, Delaware, New Jersey and
Virginia through the following affiliates: Fulton Bank, Lancaster,
PA; Lebanon Valley Farmers Bank, Lebanon, PA; Swineford National
Bank, Middleburg, PA; Lafayette Ambassador Bank, Easton, PA; FNB
Bank, N.A., Danville, PA; Hagerstown Trust, Hagerstown, MD;
Delaware National Bank, Georgetown, DE; The Bank, Woodbury, NJ;
Peoples Bank of Elkton, Elkton, MD; Skylands Community Bank,
Hackettstown, NJ; Premier Bank, Doylestown, PA; Resource Bank,
Virginia Beach, VA; First Washington State Bank, Windsor, NJ; and
Somerset Valley Bank, Somerville, NJ. Fulton's additional financial
services providers include Fulton Financial Advisors, N.A.,
Lancaster, PA; Fulton Insurance Services Group, Inc., Lancaster,
PA; and Dearden, Maguire, Weaver and Barrett, LLC, West
Conshohocken, PA. Residential mortgage lending is offered by all
banks through Fulton Mortgage Company and Resource Mortgage.
Additional information on Columbia Bancorp and Fulton Financial
Corporation is available on the Internet at
http://www.thecolumbiabank.com/ and http://www.fult.com/,
respectively. Additional Information and Where to Find It: A
Registration Statement on Form S-4, including a Proxy
Statement/Prospectus, has been filed with and declared effective by
the SEC in connection with the proposed transaction. Investors and
security holders are urged to read the Registration Statement and
the Proxy Statement/Prospectus carefully. The Registration
Statement and the Proxy Statement/Prospectus contain important
information about Fulton, Columbia Bancorp, the acquisition of
Columbia Bancorp by Fulton, the persons soliciting proxies relating
to the merger, their interests in the merger and related matters.
Investors and security holders may obtain free copies of these
documents through the website maintained by the SEC at
http://www.sec.gov/. Free copies of the Proxy Statement/Prospectus
and these other documents may also be obtained from Fulton by
directing a request to George R. Barr, Secretary, at (717) 291-2411
or from Columbia Bancorp by directing a request to John A.
Scaldara, Jr., President and COO, at (410) 423-8012. In addition to
the Registration Statement and the Proxy Statement/Prospectus,
Fulton and Columbia Bancorp file annual, quarterly and special
reports, proxy statements and other information with the SEC. You
may read and copy any reports, statements or other information at
the SEC public reference room in Washington, D.C. Please call the
SEC at 1-800-SEC-0330 for further information on the public
reference rooms. Fulton's and Columbia Bancorp's filings with the
SEC are also available to the public from commercial
document-retrieval services and at the web site maintained by the
SEC at http://www.sec.gov/. DATASOURCE: Columbia Bancorp CONTACT:
John M. Bond, Jr., Chairman and CEO, +1-410-423-8010, or John A.
Scaldara, Jr., President and COO, +1-410-423-8012, both of Columbia
Bancorp Web site: http://www.fult.com/ Web site:
http://www.thecolumbiabank.com/ Company News On-Call:
http://www.prnewswire.com/comp/127921.html
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