Umpqua Holdings

Leadership team

Mr. Cort Lane O'Haver (CEO, Pres & Non-Independent Director)

Mr. Ronald L. Farnsworth Jr., CPA, CPA (Exec. VP & CFO)

Mr. Andrew H. Ognall (Exec. VP, Gen. Counsel & Sec.)

Products/ Services

Banking, Commercial Real Estate, Finance, Financial Services, Lending

Number of Employees

1,000 - 20,000

Headquarters

Roseburg, Oregon, United States

Established

1953

Company Registration

SEC CIK number: 0001077771

Net Income

100M - 500M

Revenue

Above - 1B

Traded as

UMPQ

Social Media

URL

https://www.umpquabank.com

Overview

Location

Recognition and Award

References

Summary

Umpqua Holdings Corporation operates as the holding company of Umpqua Bank that provides commercial and retail banking services. It operates in two segments: Core Banking and Mortgage Banking. The company offers deposit products, including non-interest bearing checking, interest bearing checking and savings, and money market accounts, as well as certificates of deposit. It also provides loans for corporate and commercial customers, such as accounts receivable and inventory financing, multi-family and equipment loans, commercial equipment leases, international trade finance, real estate construction loans, permanent financing, and small business administration program financing, as well as capital markets and treasury management products. In addition, the company offers loan products, such as commercial and industrial loans; residential real estate loans for the construction, purchase, and refinancing of residential owner-occupied and rental properties; and consumer loans comprising secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. Further, it provides financial planning solutions; and online and mobile banking services. The company serves high net worth individuals and families, select non-profits, and professional services firms. As of December 31, 2021, it conducted commercial and retail banking activities at 234 locations, including 202 store locations in Oregon, Washington, California, Idaho, and Nevada; and operated 28 facilities for the purpose of administrative and other functions, such as back-office support, of which two are owned and 26 are leased. The company was founded in 1953 and is headquartered in Portland, Oregon.

History

Umpqua Holdings Corporation was founded in 1953 by local business owners and civic leaders in Roseburg, Oregon, as Umpqua Bank. Throughout the late 20th century, the company expanded its branch network throughout Oregon and Washington, eventually becoming a publicly traded company in 1996. Umpqua continued to grow and diversify, acquiring Men’s Wearhouse in 2003 and adding wealth management, investments and insurance services to its product portfolio. In 2017, it acquired the Oregon-based Pacific Continental Corporation, a move that ensured its position as one of the largest banks in the region.

Mission

We’re on a mission to help you manage your money in a way that matches how you live your life. To do that, we’re committed to learning more about you than your account number.

Vision

Umpqua Holdings’ vision is to be the most successful and admired financial services business in the Pacific Northwest, delivering extraordinary customer experience and financial performance through the power of positive relationships.

Key Team

Mr. David F. Shotwell (Exec. VP & Chief Risk Officer)

Mr. Torran B. Nixon (Pres of Umpqua Bank)

Ms. Lisa White (Principal Accounting Officer, Sr. VP & Corp. Controller)

Ms. Sheri T. Burns (EVP & Chief People Officer)

Ms. Jacquelynne Bohlen C.F.A. (Head of Investor Relations)

Mr. Drew K. Anderson CPA (Chief Admin. Officer)

Ms. Eve Callahan (Exec. VP & Chief Communications Officer of Umpqua Bank)

Recognition and Awards

Umpqua Holdings has been the recipient of numerous awards, including being named one of Oregon's Most Admired Companies for seven consecutive years by the Portland Business Journal, and being honored with the Technology & Operations Services Excellence Award from American Banker magazine in 2012.