Regulatory Capital

12 Months Ended

Dec. 31, 2011

Regulatory Capital [Abstract]

Regulatory Capital

NOTE 23. REGULATORY CAPITAL

The Company is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possible additional discretionary actions by regulators that, if undertaken, could have a material effect on the Company's financial statements. Under capital adequacy guidelines, the Company must meet specific capital guidelines that involve quantitative measures of the Company's assets, liabilities, and certain off balance sheet items as calculated under regulatory accounting practices. The Company's capital amounts and classifications are also subject to qualitative judgments by the regulators about risk components, asset risk weighting, and other factors.

Quantitative measures established by regulation to ensure capital adequacy require the Company to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital to risk-weighted assets (as defined in the regulations), and of Tier 1 capital to average assets (as defined in the regulations). Management believes, as of December 31, 2011, that the Company meets all capital adequacy requirements to which it is subject.

The Company's capital amounts and ratios as of December 31, 2011 and 2010 are presented in the following table:

(dollars in thousands)
	Actual					For Capital Adequacy purposes					To be Well Capitalized
	Amount		Ratio			Amount		Ratio			Amount		Ratio
AS OF DECEMBER 31, 2011:
Total Capital
(to Risk Weighted Assets)
Consolidated	$	1,287,560		17.16	%	$	600,261		8.00	%	$	750,326		10.00	%
Umpqua Bank	$	1,163,611		15.53	%	$	599,413		8.00	%	$	749,267		10.00	%
Tier I Capital
(to Risk Weighted Assets)
Consolidated	$	1,193,740		15.91	%	$	300,123		4.00	%	$	450,185		6.00	%
Umpqua Bank	$	1,069,914		14.28	%	$	299,696		4.00	%	$	449,544		6.00	%
Tier I Capital
(to Average Assets)
Consolidated	$	1,193,740		10.91	%	$	437,668		4.00	%	$	547,085		5.00	%
Umpqua Bank	$	1,069,914		9.78	%	$	437,593		4.00	%	$	546,991		5.00	%
	Actual					For Capital Adequacy purposes					To be Well Capitalized
	Amount		Ratio			Amount		Ratio			Amount		Ratio
AS OF DECEMBER 31, 2010:
Total Capital
(to Risk Weighted Assets)
Consolidated	$	1,253,333		17.62	%	$	569,050		8.00	%	$	711,313		10.00	%
Umpqua Bank	$	1,085,839		15.27	%	$	568,874		8.00	%	$	711,093		10.00	%
Tier I Capital
(to Risk Weighted Assets)
Consolidated	$	1,164,226		16.36	%	$	284,652		4.00	%	$	426,978		6.00	%
Umpqua Bank	$	996,798		14.02	%	$	284,393		4.00	%	$	426,590		6.00	%
Tier I Capital
(to Average Assets)
Consolidated	$	1,164,226		10.56	%	$	440,995		4.00	%	$	551,243		5.00	%
Umpqua Bank	$	996,798		9.04	%	$	441,061		4.00	%	$	551,326		5.00	%

The Company is a registered financial holding company under the Gramm-Leach-Bliley Act of 1999 (the "GLB Act"), and is subject to the supervision of, and regulation by, the Board of Governors of the Federal Reserve System (the "Federal Reserve"). The Bank is an Oregon state chartered bank with deposits insured by the Federal Deposit Insurance Corporation ("FDIC"), and is subject to the supervision and regulation of the Director of the Oregon Department of Consumer and Business Services, administered through the Division of Finance and Corporate Securities, and to the supervision and regulation of the California Department of Financial Institutions, the Washington Department of Financial Institutions and the FDIC. As of December 31, 2011, the most recent notification from the FDIC categorized the Bank as "well-capitalized" under the regulatory framework for prompt corrective action. The Company is not subject to the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the Bank's regulatory capital category.