Bailout Bank Bio: Umpqua Holdings Corp

Nov 14, 2008 | 3 min read | Print Article

Umpqua Bank is a community bank with 147 branches across Oregon, Washington and California. Umpqua is based in the Portland, Oregon area. In 2008 it was rated the 13^th best U.S. company to work for by Fortune magazine due to its commitment to community service and innovative programs for promoting alternative energy investment. In 2007 the bank was rated the 37^th best U.S. employer. Umpqua also initiated an innovative lending program known as the “lemonaire” program that helped children start businesses.

Umpqua announced in late October that it expected to participate in the Treasury Department’s Capital Purchase Program, and would receive $214 million through Treasury’s purchase of some of its preferred stock.

Resources

Financial Documents | Federal contracts | Lobbying reports
Political Contributions | Related Articles | Bank Bio Chart

►Financial Documents

11-7-2008 Umpqua Holding Corporations 10-Q

10-16-2008 Umpqua Holdings Corpthird Quarter Earnings

2-26-2008 Umpqua Holding Corporations10-K

12-31-2007 Umpqua Holdings Corp Annual Report

►Federal contracts

No federal contracts found

►Lobbying reports (if any)

Third Quarter 2008

No lobbying records found.

►Political Contributions

No donations found.

►Related Articles

2008 Umpqua Bank, 13^th Best U.S. Company to Work for (Fortune)

November 12, 2008 Umpqua Bank and Energy Trust of Oregon Launch GreenStreet Lending (CNNMoney.com)

November 12, 2008 Umpqua Bank Offers Financing for Energy Efficiency (matternetwork.com)

October 30, 2008 How I'm Using My Bailout Cash: Umpqua Bank (USNews.com)

October 28, 2008 Why the government's decision to put $214 million into Umpqua Bank is a GOOD thing for the bank (Columbian.com)

October 24, 2008 U.S. Department of Treasury to invest $214 million in Umpqua through the Capital Purchase Program (Company press release)

July 18, 2008 Earnings down, stock up for Umpqua Bank (OregonLive.com)

June 25, 2008 Fortune 100 Company Interview: Umpqua Bank Serves Up a Lifestyle (businesspundit.com)

January 29, 2008 Umpqua Bank Employees Contribute More Than 22,000 Community Service Hours in 2007 (Reuters)

July 16, 2007 The Lemonade Stand That Umpqua Bank Built (NY Times)

Bailout Bank Bio: Umpqua Holdings Corp


Federal Equity Investment	$214 million
Total Revenue	$553.2 million (2007) $549.7 million (2008)
Net Income	$63.27 million (2007) $51.0 million (2008)
Number of Employees	1,744
Corporate Headquarters	Roseburg, Oregon
Business Sector	Banking
Officers and Directors	Raymond P. Davis, President, Chief Executive Officer, Director Other Officers and Directors
Corporate Website	www.umpquabank.com
Executive Compensation	Umpqua Holdings Corp