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Parent Company Financial Statements
 12 Months Ended
Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]  
Parent Company Financial Statements Parent Company Financial Statements
Summary financial information for Umpqua Holdings Corporation is as follows:

Condensed Balance Sheets
December 31, 2020 and 2019
(in thousands)December 31, 2020December 31, 2019
ASSETS
  Non-interest bearing deposits with subsidiary bank$136,745 $130,368 
  Investments in:
   Bank subsidiary2,913,649 4,590,888 
   Non-bank subsidiaries30,266 29,126 
  Other assets523 518 
Total assets$3,081,183 $4,750,900 
LIABILITIES AND SHAREHOLDERS' EQUITY
  Payable to bank subsidiary$98 $91 
  Other liabilities33,023 73,586 
  Junior subordinated debentures, at fair value255,217 274,812 
  Junior subordinated debentures, at amortized cost88,268 88,496 
  Total liabilities376,606 436,985 
  Shareholders' equity2,704,577 4,313,915 
Total liabilities and shareholders' equity$3,081,183 $4,750,900 
Condensed Statements of Operations
Years Ended December 31, 2020, 2019 and 2018
(in thousands)202020192018
INCOME
  Dividends from subsidiaries$213,464 $219,143 $212,457 
  Other income (loss)11 (18)1,154 
Total income213,475 219,125 213,611 
EXPENSES
  Management fees paid to subsidiaries1,165 1,144 1,014 
  Other expenses17,894 25,311 23,725 
Total expenses19,059 26,455 24,739 
Income before income tax benefit and equity in undistributed earnings of subsidiaries194,416 192,670 188,872 
Income tax benefit(4,245)(5,742)(5,052)
Net income before equity in undistributed earnings of subsidiaries198,661 198,412 193,924 
Equity in undistributed (losses) earnings of subsidiaries(1,722,081)155,683 122,339 
Net (loss) income$(1,523,420)$354,095 $316,263 

Condensed Statements of Cash Flows
Years Ended December 31, 2020, 2019 and 2018
(in thousands)202020192018
OPERATING ACTIVITIES:
  Net (loss) income$(1,523,420)$354,095 $316,263 
  Adjustment to reconcile net income to net cash provided by operating activities:
Gain on Pivotus divestiture— — (5,778)
   Equity in undistributed losses (earnings) of subsidiaries1,722,081 (155,683)(122,339)
   Depreciation, amortization and accretion(228)(228)(244)
   Net (increase) decrease in other assets(5)7,960 (1,696)
   Net increase (decrease) in other liabilities1,262 79 1,581 
   Net cash provided by operating activities199,690 206,223 187,787 
INVESTING ACTIVITIES:
  Change in advances to subsidiaries315 69 (211)
    Net cash provided by (used in) investing activities315 69 (211)
FINANCING ACTIVITIES:
  Net increase in advances from subsidiaries5 179 163 
  Dividends paid on common stock(184,978)(185,101)(173,914)
  Repurchases and retirement of common stock(8,655)(7,268)(12,962)
Repayment of junior subordinated debentures at amortized cost— — (10,598)
   Proceeds from stock options exercised— 21 1,065 
   Net cash used in financing activities(193,628)(192,169)(196,246)
Net increase (decrease) in cash and cash equivalents6,377 14,123 (8,670)
Cash and cash equivalents, beginning of year130,368 116,245 124,915 
Cash and cash equivalents, end of year$136,745 $130,368 $116,245