| Business Summary | | Umpqua
Holdings
Corporation
is
a
financial
holding
company
that
engages
primarily
in
the
business
of
commercial
and
retail
banking
and
the
delivery
of
retail
brokerage
services.
The
Company
provides
a
wide
range
of
banking,
asset
management,
mortgage
banking,
and
other
financial
services
to
corporate,
institutional
and
individual
customers
through
its
wholly
owned
banking
subsidiary
Umpqua
Bank.
The
Company
engages
in
the
retail
brokerage
business
through
its
wholly
owned
subsidiary
Strand,
Atkinson,
Williams
&
York,
Inc.
(Strand
Atkinson).
In
July
2000,
Strand
Atkinson
acquired
Adams,
Hess,
Moore
&
Company,
a
full
service
brokerage
firm
with
offices
in
Portland,
Salem,
and
Eugene,
Oregon.
Umpqua
Bank
combines
a
retail
product
delivery
approach
with
an
emphasis
on
quality-assured
personal
service. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Umpqua
Holdings
Corp.
is
an
Oregon
state-chartered
bank
serving
customers
through
11
offices
in
Douglas
and
Lane
Counties
in
southern
Oregon.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
12%
to
$29.1
million.
Net
interest
income
after
loan
loss
provision
rose
8%
to
$17.4
million.
Net
income
rose
1%
to
$5.1
million.
Results
reflect
increased
average
loan
balances,
partially
offset
by
$969
thousand
in
costs
related
to
the
merger
with
VRB
Bancorp. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Allyn Ford, 59 Chairman | -- | -- | Raymond Davis, 51 Pres,
CEO, Director | $301K | $117K | Daniel Sullivan, 49 CFO,
Exec. VP | 171K | -- | William Haden, 52 Exec.
VP, Director | 394K | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|