UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or l5 (d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March ~~January 26~~31, 2010 ~~(January 22, 2010)~~

Columbia Bancorp

(Exact name of registrant as specified in its charter)

Oregon
(State or other jurisdiction of incorporation)


0-27938		93-1193156
(Commission File Number)		(IRS Employer Identification No.)

401 East Third Street, Suite 200
The Dalles, Oregon 97058
(Address of principal executive offices, including zip Code)

(541) 298-6649
(Registrant’s telephone number, including area code)

Not applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Section~~Item 14.0301 ~~Bankruptcy~~Changes orin ~~Receivership~~Registrant’s Certifying Accountant.

On ~~Friday,~~March ~~January 22~~31, 2010, ~~Columbia~~Moss ~~River~~Adams ~~Bank~~LLP ~~(the~~resigned ~~“Bank”),~~as the ~~wholly-owned subsidiary of~~independent ~~Columbia~~registered ~~Bancorp~~public ~~(the~~accounting ~~“Company”),~~firm ~~was closed by the State~~ of ~~Oregon,~~Columbia ~~Oregon~~Bancorp ~~Department of Consumer and Business Services Division of Finance and Corporate Securities, and the Federal Deposit Insurance Corporation~~ (the “~~FDIC~~Company”) ~~was appointed as receiver of the Bank~~.

AsMoss ~~indicated~~Adams' inreport for the ~~FDIC~~year ~~press~~ending ~~release~~December ~~dated January 22~~31, ~~2010,~~2008 ~~subsequent~~contain no toadverse ~~the~~opinion ~~closure, Columbia~~or ~~Banking~~a ~~System~~disclaimer ~~(Nasdaq:~~of ~~COLB)~~opinion ~~based~~nor intakes ~~Tacoma,~~such ~~Washington,~~report ~~assumed~~qualified ~~all~~or modified ofas ~~the~~to ~~deposits~~uncertainty, ~~of the~~audit ~~Bank~~scope, ~~and~~or ~~purchased~~accounting ~~approximately $697~~principles.~~4 million~~ ofMoss ~~the~~Adams did ~~Bank’s~~not ~~assets~~complete inan audit or issue a ~~transaction facilitated~~report byfor the ~~FDIC.~~year ended December 31, 2009.

~~Beginning~~During onthe ~~January 23,~~years ~~2010~~ended December 31, ~~the~~2009 21and ~~branch~~2008 ~~offices~~and ofthrough March 31, 2010 (the ~~Bank~~“Relevant ~~will~~Period”) ~~reopen~~there aswere ~~branches~~no ~~of Columbia~~disagreements ~~Banking~~with ~~System.~~Moss Adams ~~Customers~~on ~~who~~any ~~have~~matter ~~questions~~of ~~about~~accounting ~~the~~principles ~~foregoing~~or ~~matters~~practices, financial statement disclosure or ~~who~~auditing ~~would like~~scope ~~information~~or ~~about~~procedure ~~the~~which, ~~closure~~if ofnot ~~the~~resolved ~~Bank~~to Moss Adams' satisfaction, ~~may~~would ~~visit~~have ~~the~~caused ~~FDIC’s~~it ~~web~~to ~~site~~make ~~at http://www.fdic.gov~~reference orthereto ~~call~~in their reports on the ~~FDIC~~financial atstatements ~~1-202-898-6984~~for such periods.

~~The~~During ~~Company’s principal asset is~~ the ~~capital~~Relevant ~~stock~~Period, ~~that~~there itwere ~~owns~~no inreportable ~~the~~events ~~Bank, and,~~ as ~~a result~~ ofdescribed ~~the~~in ~~closure~~Item of304(a)(1)(v) ~~the Bank, the Company has minimal remaining tangible assets. As the owner~~ of ~~all of~~Regulation ~~the~~S-K ~~capital~~("Reportable ~~stock~~Events") ofissued ~~the Bank, the Company would be entitled to the net recoveries, if any,~~by ~~following~~ the ~~liquidation~~United orStates ~~sale~~Securities ofand ~~the~~Exchange ~~Bank~~Commission ~~or its assets by~~ (the ~~FDIC~~“Commission”). ~~However, at this time, the Company does not expect that any recovery will be realized.~~

AThe ~~complete~~Company ~~copy~~requested ofthat Moss Adams furnish it with a letter addressed to the ~~FDIC’s~~Commission ~~press~~stating ~~release~~whether ~~can~~or benot ~~found~~Moss onAdams agrees with the statement ~~Internet~~set atforth ~~www~~in this subsection (a), above.~~fdic~~ A copy of that letter, dated April 16, 2010, is filed as Exhibit 16.~~gov~~1 to this Form 8-K.

Item 39.01 ~~Notice~~Financial ofStatements ~~Delisting~~and ~~or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing~~Exhibits.

~~On January 25, 2010, the Company received~~ (a) ~~staff~~Not ~~determination letter confirming that Nasdaq had halted trading of the Company’s common stock on January 25, 2010~~applicable. The letter indicated that Nasdaq was concerned about the Company’s ability to sustain compliance with all of the requirements for continued listing on The Nasdaq Global Select Market. As a result, in accordance with Listing Rules 5101, 5110(b) ~~and~~Not ~~IM-5101-1, the Nasdaq staff made a determination to delist the Company’s common stock from The Nasdaq Global Select Market~~applicable. ~~The~~(c) ~~Company~~Not ~~does not intend to appeal the delisting decision~~applicable. As(d) ~~a result, trading will continue to be halted in the Company’s common stock until trading is suspended on February 3, 2010~~Exhibits. AExhibit ~~Form 25-NSE will then be filed with the Securities and Exchange Commission, which will remove the Company’s common stock from listing and registration on The Nasdaq Global Select Market~~16. 1

~~Item 5.02 Departure of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers~~SIGNATURES

AsPursuant ato ~~result~~the requirements of the ~~receivership,~~Securities ~~Richard~~Exchange E.Act ~~Betz,~~of ~~Charles F. Beardsley~~1934, ~~William~~the A.Registrant ~~Booth,~~has duly ~~Dennis~~ caused L.this ~~Carver,~~Report ~~Terry~~to L.be ~~Cochran,~~signed ~~James~~on J.its ~~Doran,~~behalf ~~Jean~~by S.the ~~McKinney,~~undersigned ~~Donald T. Mitchell, Dr. Frank~~hereunto K. duly ~~Toda are no longer directors of the Bank~~authorized.

On January 20, 2010, Jon Morrill resigned as Chief Financial Officer of the Bank and the Company effective immediately. Mr. Morrill will remain Senior Vice President and Controller of the Bank. In addition, Jean S. McKinney and Donald T. Mitchell announced that they will retire from the board of directors of the Company in April 2010.


	COLUMBIA BANCORP
Date: April 16, 2010	By:	/s/ Terry L. Cochran
		Terry L. Cochran
		President and Chief Executive Officer

Item 8.01 Other Events

The Company’s shares of the Bank were its principal asset. The Company does not expect to receive anything from the FDIC or the purchaser of the Bank, for the Company’s interest in the Bank. Accordingly, as a result of the Company’s current financial condition, the board of directors of the Company is considering its alternatives, including the dissolution and winding up of the Company by its board of directors, pursuant to the Oregon Revised Statutes, or filing a voluntary petition seeking relief under the United States Bankruptcy Code.

A copy of the Company’s press release regarding the foregoing event is filed as Exhibit 99.1 to this current report on Form 8-K.

Item 9.01 Financial Statements and Exhibits

99.1 Press Release dated January 22, 2010.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

	COLUMBIA BANCORP
Date: January 25, 2010	By:	/s/ Terry L. Cochran
		Terry L. Cochran
		President and Chief Executive Officer

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