• Umpqua Holdings Corporation
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  • UMPQUA HOLDINGS CORPORATION RANKS 15TH ON SEATTLE TIMES TOP 100 NORTHWEST COMPANIES LIST BUSINESS E
    Company Release - 06/12/2002 19:16
    ( BW)(OR-UMPQUA-HOLDINGS)(UMPQ) Umpqua Holdings Corporation Ranks 15th
    On Seattle Times Top 100 Northwest Companies List
    
      Business Editors
    
      PORTLAND, Ore.--(BUSINESS WIRE)--June 12, 2002--For the second
    year in a row, Umpqua Holdings Corporation (Nasdaq:UMPQ) was ranked
    among the Northwest's top public companies in the Seattle Times'
    annual list, published on June 9.
      This year Umpqua Holdings ranked 15th out of 118 qualifying
    companies based on several business and industry measurements. Umpqua
    Holdings ranked 18th on last year's list.
      "It is a tremendous honor to be recognized among the Northwest's
    leading companies," said Ray Davis, President and CEO of Umpqua
    Holdings. "Our high placement on this list reflects the commitment and
    dedication of our management team and associates to ensuring our
    continued success and profitability throughout periods of dramatic
    growth."
      The Seattle Times Northwest 100 rankings, now in their 11th year,
    recognize the best growth over two years in sales, market value,
    number of employees and return on average equity. Return on equity
    receives the highest weighting in the proprietary evaluation system.
    The growth in employees is counted as a measure of a company's impact
    on the community.
      Companies with headquarters in Washington, Oregon and Idaho were
    considered. The ranking criteria calls for companies to be publicly
    traded for two years and to trade above $2 a share throughout 2001.
    
      About Umpqua Holdings Corporation
    
      Umpqua Holdings Corporation (Nasdaq:UMPQ) is the parent company of
    Umpqua Bank, an Oregon state-chartered bank recognized for its
    entrepreneurial approach, innovative use of technology, and
    distinctive banking solutions. Umpqua Bank has 45 stores in 11 Oregon
    counties, in addition to retail and wholesale mortgage lending offices
    in Coos Bay, Bend and Clackamas. Umpqua Holdings also owns a retail
    brokerage subsidiary, Strand, Atkinson, Williams & York, which has
    nine locations throughout Oregon and Southwest Washington and offers
    brokerage services within Umpqua Bank stores. Umpqua Holdings
    Corporation is headquartered in Portland, Ore. For more information,
    visit www.umpquaholdingscorp.com.
    
      --30--CJG/se*
    
      CONTACT: Umpqua Holdings Corporation, Portland
      Lani Hayward, 503/228-2117
      lanihayward@umpquabank.com
      or
      KVO Public Relations
      Ken Ray, 503/221-7415
      kenray@kvo.com
    
      KEYWORD: OREGONWASHINGTONIDAHO
      INDUSTRY KEYWORD: BANKING
      SOURCE: Umpqua Holdings Corporation
    
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