Columbia Bancorp Inc. in The Dalles, Ore., said its former chief executive officer, Terry L. Cochran, has returned to run the ailing company.

Mr. Cochran has been rehired as the president and CEO, the $1.1 billion-asset Columbia said late Wednesday. He succeeded Roger Christensen, who resigned as the CEO for personal reasons, and Craig Ortega, who stepped down as the president but will remain with the company as an executive officer at its Columbia River Bank.

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