M&A Deal Summary

Umpqua Bank Acquires VRB Bancorp

On December 12, 2000, Umpqua Bank acquired financial services company VRB Bancorp for 56M USD

Acquisition Highlights
  • This is Umpqua Bank’s 1st transaction in the Financial Services sector.
  • This is Umpqua Bank’s 8th largest (disclosed) transaction.
  • This is Umpqua Bank’s 1st transaction in the United States.
  • This is Umpqua Bank’s 1st transaction in Oregon.

M&A Deal Summary
Date 2000-12-12
Target VRB Bancorp
Sector Financial Services
Buyer(s) Umpqua Bank
Deal Type Add-on Acquisition
Deal Value 56M USD
Advisor(s) D.A. Davidson & Co. (Financial)
Davis Wright Tremaine (Legal)

Target

VRB Bancorp

Rogue River, Oregon, United States
VRB Bancorp offered general banking business activities, including commercial, real estate, installment, and mortgage loans.

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Buyer(S) 1

Buyer

Umpqua Bank

Portland, Oregon, United States
Category Company
Founded 1953
Sector Financial Services
Employees3,410
Revenue 1.3B USD (2022)
DESCRIPTION

Umpqua Holdings operates as the holding company for Umpqua Bank and Umpqua Investments, Inc. which provide commercial and retail banking, and brokerage services to corporate, institutional, and individual customers in the United States. Umpqua Bank was founded in 1953 and is based in Portland, Oregon.

DEAL STATS #
Overall 1 of 10
Sector (Financial Services) 1 of 10
Type (Add-on Acquisition) 1 of 10
State (Oregon) 1 of 3
Country (United States) 1 of 10
Year (2000) 1 of 1
Size (of disclosed) 8 of 10
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-12-28 Linn-Benton Bank

United States

Linn-Benton Bank is a provider of banking services with five Oregon branches in Albany, Corvallis, Lebanon, Sweet Home, and Tangent.

Buy $20M
Mergr

Product

Company

Legal