Capital Offerings Profile
Company NameUmpqua Holdings Corporation
Offering TypeConvertible Preferred
DescriptionDepository shares representing 1/100 of series B common stock equivalent convertible non-cumulative preferred stock
Currency of IssueUSD
Trading Symbol (Exchange)UMPQP (NASDAQ)
Announcement Date2/2/2010
Trade Date2/3/2010
Settlement Date2/9/2010
Completion Date2/3/2010
Overallotment Expiration3/11/2010
Lock-up Expiration5/4/2010
Date Overallotment Exercised2/3/2010
Shelf Filing Date12/8/2008
Mandatory Redemption?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds from this offering will be used to redeem the series A preferred stock issued to the U.S. Treasury under the TARP capital purchase program upon receipt of regulatory approval, to fund FDIC-assisted acquisition opportunities and for general corporate purposes.

Offer Price ($)11.0000
Gross Amount Offered ($000)181,500
Amount Including Overallotment ($000)208,725
Shares Offered16,500,000
Total Shares Offered18,975,000

Overallotment Amount Available ($000)27,225
Overallotment Shares Available2,475,000
Overallotment Amount Exercised ($000)27,225
Overallotment Shares Exercised2,475,000

Underwriting Fees
Gross Spread ($)0.55
Gross Spread (%)5.00
Sales Concession ($)0.33

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  J.P. Morgan Securities LLC16,500,000181,500

Issuer's CounselRoberts Kaplan LLP
Underwriter's CounselDavis Polk & Wardwell, LLP
Auditor(s)Moss Adams LLP
Clearing House(s)Depository Trust Company

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