Frequently Asked Questions

How long has Umpqua Bank been in existence?
How big is Umpqua Bank?
What are Umpqua Bank's expansion plans?
Who is on the Board of Directors?
When was the holding company formed?
What are Umpqua Holdings Corporation's subsidiaries?
How do I buy Umpqua Holdings Corporation stock?


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How long has Umpqua Bank been in existence?

South Umpqua Bank was established in 1953 in Canyonville, Oregon. Valley of the Rogue Bank was established in 1968 in Rogue River, Oregon. On December 2, 2000, Valley of the Rogue Bank merged with South Umpqua Bank and the name of the combined company was changed to Umpqua Bank. Umpqua Bank became a subsidiary of Umpqua Holdings Corporation. Umpqua Holdings Corporation acquired Independent Financial Network and Linn-Benton Bank in December 2001, and added the companies to Umpqua Bank. In 2002, Umpqua Holdings Corporation acquired Centennial Bancorp, and merged its subsidiary Centennial Bank into Umpqua Bank.

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How big is Umpqua Bank?

Consolidated assets of Umpqua Bank on Sept. 30, 2003, were $2.81 billion. Umpqua Bank currently has 66 locations spanning eleven counties in Oregon and Southwest Washington along the I-5 corridor and on the Oregon coast. In addition, there are over 90 ATMs in the Umpqua network, located statewide in Oregon and Southwest Washington.

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What are Umpqua Bank's expansion plans?

Umpqua Bank has a significant market presence in the western part of the state. Our future expansion plans will continue along the I-5 corridor, with particular emphasis in the northern part of the state.

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Who is on the Board of Directors?

Allyn C. Ford,

Chairman of the Board, President and General Manager of Roseburg Forest Products

Raymond P. Davis,
President and Chief Executive Officer, Umpqua Holdings Corporation & Umpqua Bank

David B. Frohnmayer,
President, University of Oregon

Dan Giustina,
Managing Partner, Giustina Resources

James D. Coleman,
President and Owner, Crater Lake Motors

Katherine Keene,
President & CEO, SAIF Corporation

Lynn K. Herbert,
General Manager, Herbert Lumber Company

Scott Chambers,
President of Chambers Communications

William A. Lansing,
President/CEO, Menasha Forest Products

Brian B. Obie,
Chairman, President & CEO, Obie Media Corporation

Diana Goldschmidt,
Director

Gary DeStafano,
President of USA Operations Nike

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When was the holding company formed?

Umpqua Holdings Corporation was formed in March of 1999 and received Financial Holding Company status on March 16, 2000.

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What are Umpqua Holdings Corporation's subsidiaries?

Umpqua Bank and Strand, Atkinson, Williams & York, a full-service brokerage firm, are the current subsidiaries. Umpqua Holdings does evaluate expansion opportunities in banking and non-banking financial services companies.

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How do I buy Umpqua Holdings Corporation stock?

Umpqua Holdings Corporation stock is sold on the NASDAQ exchange under the symbol "UMPQ." Ask your broker for more information, or call Strand, Atkinson, Williams & York* at 800-557-7872 (x3949). If you are interested in larger orders, contact Ragen MacKenzie, Inc., at 800-827-6247.

*Strand, Atkinson, Williams & York is not a bank. Securities offered by Strand, Atkinson, Williams & York are not FDIC insured, and are not backed or guaranteed by any bank. All securities involve investment risk, including possible loss of principal. Member NASD/SIPC.

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