Umpqua Bank, was a financial holding company based in downtown Portland, Oregon, United States.

It was started by a group of people working in the timber business who wanted to create a means for the employees to cash their payroll checks.

“Tex” Ritter and his wife Nadine opened the first commercial account for their South Umpqua Trucking Company.

[6] In 2002, Umpqua increased its number of branches to 63 by acquiring Centennial Bancorp of Eugene, Oregon, for $214 million.

[9] A month later the company agreed to take over the deposits of Tacoma, Washington-based Rainier Pacific Bank after it was seized by the FDIC.

[16] In 2007, Davis authored a book titled Leading for Growth: How Umpqua Bank Got Cool and Created a Culture of Greatness.

[18] O’Haver took over as CEO at that point while Davis became executive chair of the bank's board and continued to oversee Pivotus Ventures Inc. until his formal retirement, which was announced In late December 2017 and effective January 2, 2018.