OZK - Umpqua Holdings Corp.: A Growing Community Bank In The Pacific Northwest
Company History and Performance
Umpqua Holdings Corp. (UMPQ) is the holding company for Umpqua Bank, a community bank based in Portland, Oregon, with operations across the Pacific Northwest United States. Originally, South Umpqua State Bank, the company was formed in 1953 by a group of individuals working in the timber business as a means for their employees to cash their paychecks. Through a number of acquisitions and assumption of failed banks' deposits over the years, Umpqua has grown in size from 9.3 billion in assets in 2009 to $28.9 billion as of their