EXHIBIT 23.1


                     [LETTERHEAD OF DELOITTE & TOUCHE LLP]


INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in this Registration Statement of
Umpqua Holdings Corporation on Form S-4 of our report dated February 28, 2002,
appearing in the Annual Report on Form 10-K of Umpqua Holdings Corporation for
the year ended December 31, 2001 and to the reference to us under the heading
"Experts" in the Prospectus, which is part of this Registration Statement.



/s/ Deloitte & Touche LLP

Portland, Oregon
September 5, 2002