M&A Deal Summary

Umpqua Bank Acquires Bank of Clark County

On January 16, 2009, Umpqua Bank acquired financial services company Bank of Clark County from Federal Deposit Insurance

Acquisition Highlights
  • This is Umpqua Bank’s 1st transaction in the Financial Services sector.
  • This is Umpqua Bank’s 1st transaction in the United States.
  • This is Umpqua Bank’s 1st transaction in Washington.

M&A Deal Summary

Date 2009-01-16
Target Bank of Clark County
Sector Financial Services
Buyer(s) Umpqua Bank
Sellers(s) Federal Deposit Insurance
Deal Type Divestiture

Target

Bank of Clark County

Vancouver, Washington, United States
Bank of Clark County is a provider of personal and business banking services.

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Buyer(S) 1

Buyer

Umpqua Bank

Portland, Oregon, United States

Category Company
Founded 1953
Sector Financial Services
DESCRIPTION

Umpqua Bank operates as a community bank that provides banking products and services to individuals and non-profit organizations.


DEAL STATS #
Overall 1 of 4
Sector (Financial Services) 1 of 4
Type (Divestiture) 1 of 4
State (Washington) 1 of 3
Country (United States) 1 of 4
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-22 EvergreenBank

Seattle, Washington, United States

EvergreenBank operates as a commercial bank in the Puget Sound region. It offers personal banking services.

Buy -

Seller(S) 1

SELLER

Federal Deposit Insurance

Washington, District of Columbia, United States

Category Company
Founded 1933
Sector Financial Services
DESCRIPTION

Federal Deposit Insurance Corp. provides financial services.The FDIC provides coverage for deposits in national banks, in state banks that are members of the Federal Reserve System, and in other qualified state banks.


DEAL STATS #
Overall 1 of 41
Sector (Financial Services) 1 of 41
Type (Divestiture) 1 of 41
State (Washington) 1 of 3
Country (United States) 1 of 41
Year (2009) 1 of 9
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-19 Southern Community Bank

Fayetteville,, Georgia, United States

Southern Community Bank is a commercial bank that offers personal and business banking services.

Sell -