XML 53 R37.htm IDEA: XBRL DOCUMENT v3.22.0.1
Subsequent Events
12 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events Subsequent EventsOn October 12, 2021, Umpqua and Columbia announced that their boards of directors unanimously approved a Merger Agreement under which the two companies will combine in an all-stock transaction. On January 26, 2022, Umpqua and Columbia held special meetings of shareholders to vote to approve the merger agreement and received all required shareholder approvals related to the proposed combination. Completion of the transaction is subject to remaining regulatory approvals and the satisfaction of other customary closing conditions set forth in the merger agreement. The transaction is expected to close in mid-2022.