Umpqua holdings corporation (UMPQ)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
INTEREST INCOME
Interest and fees on loans and leases

1,038,323

1,051,077

1,043,061

1,023,360

1,001,373

972,114

943,613

923,271

894,810

871,318

849,062

835,031

831,659

843,591

859,695

866,633

873,486

869,433

876,846

881,843

873,692

763,803

684,479

554,213

423,655

398,214

404,111

388,495

387,698

386,812

313,993

316,944

318,628

319,702

274,815

306,426

324,345

336,320

0

0

0

Interest and fees on covered loans and leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

75,891

76,516

81,807

86,011

0

0

0

-

-

-

-

Interest and dividends on investment securities:
Taxable

52,799

56,150

70,170

82,059

80,271

76,014

63,490

53,034

59,755

57,987

53,760

50,560

47,303

46,427

48,451

49,554

49,108

47,842

46,817

47,071

48,282

45,784

43,672

39,418

34,793

34,146

35,995

41,170

49,602

59,078

65,174

74,049

81,862

85,785

86,646

82,135

73,356

67,388

0

0

0

Exempt from federal income tax

6,848

7,400

7,897

8,218

8,354

8,368

8,354

8,431

8,611

8,725

8,833

8,889

8,835

8,828

8,962

9,174

9,401

9,647

10,030

10,427

10,714

10,345

9,772

9,182

8,722

8,898

9,039

9,141

9,195

9,184

9,044

8,878

8,765

8,653

8,663

8,748

8,817

8,839

0

0

0

Dividends

2,430

2,269

2,228

2,178

2,037

1,988

1,836

1,644

1,571

1,491

1,441

1,416

1,421

1,399

1,389

1,169

973

708

448

417

376

325

346

316

278

252

211

163

101

83

40

39

15

12

15

16

0

-

0

0

-

Interest on temporary investments and interest bearing deposits

16,586

14,180

12,458

11,054

8,426

8,665

7,609

5,743

3,987

4,380

4,511

4,667

4,995

3,918

2,644

1,994

1,891

2,236

2,671

2,775

2,648

2,264

1,806

1,546

1,525

1,336

1,129

1,176

943

928

1,119

1,254

1,426

1,590

1,840

2,020

2,225

2,223

0

0

0

Total interest income

1,116,986

1,131,076

1,135,814

1,126,869

1,100,461

1,067,149

1,024,902

992,123

968,734

943,901

917,607

900,563

894,213

904,163

921,141

928,524

934,859

929,866

936,812

942,533

935,712

822,521

698,908

575,345

454,393

442,846

437,049

435,197

444,776

456,085

465,261

477,680

492,503

501,753

510,513

516,932

504,119

488,596

0

0

0

INTEREST EXPENSE
Interest on deposits

174,137

167,941

153,685

133,501

111,169

92,685

75,802

62,162

51,544

45,582

41,629

38,576

36,475

35,240

33,857

32,308

31,149

29,839

29,053

28,376

27,070

23,815

20,864

18,936

18,725

20,755

23,083

25,861

28,166

31,133

35,437

42,393

48,922

55,743

64,019

69,353

73,118

76,241

0

0

0

Interest on securities sold under agreement to repurchase and federal funds purchased

1,677

2,092

1,846

1,501

1,253

506

364

342

508

475

464

415

126

132

139

150

161

173

182

193

353

346

340

321

151

141

155

193

239

288

366

445

497

539

540

524

516

517

0

0

0

Interest on borrowings

17,927

17,564

15,810

15,011

13,926

13,604

13,774

13,826

14,010

14,159

14,076

14,143

14,329

15,005

15,477

15,548

15,192

14,470

14,155

14,112

13,984

12,793

11,555

10,307

9,248

9,248

9,251

9,248

9,248

9,279

9,277

9,274

9,270

9,255

9,319

9,520

9,998

9,229

0

0

0

Interest on junior subordinated debentures

21,761

22,845

23,263

23,251

22,770

21,715

20,706

19,694

18,731

18,000

17,440

16,750

16,148

15,674

15,042

14,569

14,140

13,750

13,607

13,536

13,196

11,739

10,262

8,801

7,655

7,737

7,840

7,944

8,053

8,149

8,119

8,012

7,909

7,764

7,723

7,840

7,853

7,825

0

0

0

Total interest expense

215,502

210,442

194,604

173,264

149,118

128,510

110,646

96,024

84,793

78,216

73,609

69,884

67,078

66,051

64,515

62,575

60,642

58,232

56,997

56,217

54,603

48,693

43,021

38,365

35,779

37,881

40,329

43,246

45,706

48,849

53,199

60,124

66,598

73,301

81,601

87,237

91,485

93,812

0

0

0

Net interest income

901,484

920,634

941,210

953,605

951,343

938,639

914,256

896,099

883,941

865,685

843,998

830,679

827,135

838,112

856,626

865,949

874,217

871,634

879,815

886,316

881,109

773,828

655,887

536,980

418,614

404,965

396,720

391,951

399,070

407,236

412,062

417,556

425,905

428,452

428,912

429,695

412,634

394,784

0

0

0

PROVISION FOR CREDIT LOSSES

176,916

72,515

73,482

61,966

55,933

55,905

51,614

51,900

49,238

47,254

47,497

48,591

48,523

41,674

33,048

28,110

28,775

36,589

37,285

43,465

46,907

40,241

32,727

21,402

9,699

10,716

25,307

29,377

33,022

29,201

23,525

25,536

34,357

46,220

57,145

72,284

86,592

113,668

0

0

0

RECAPTURE OF PROVISION FOR COVERED LOAN LOSSES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

5,000

6,493

8,842

16,141

16,110

0

0

-

0

-

-

Net interest income after provision for credit losses

724,568

848,119

867,728

891,639

895,410

882,734

862,642

844,199

834,703

818,431

796,501

782,088

778,612

796,438

823,578

837,839

845,442

835,045

842,530

842,851

834,202

733,587

618,416

512,738

409,147

394,249

380,459

366,789

365,785

378,035

383,537

385,527

382,706

366,091

351,840

341,237

313,623

275,965

0

0

0

NON-INTEREST INCOME
Service charges on deposits

-

-

-

-

-

-

-

-

-

-

-

61,292

61,481

-

60,984

60,838

59,982

59,740

60,173

60,647

61,207

54,700

47,336

39,620

31,727

30,952

30,165

28,913

28,625

28,299

28,864

30,591

31,941

33,096

33,378

33,285

34,330

34,874

0

0

0

Brokerage revenue

-

-

-

-

-

-

-

-

-

-

-

16,384

17,061

-

16,864

17,738

17,806

18,481

19,380

19,259

19,177

18,133

16,757

15,729

14,825

14,736

14,457

13,789

13,659

12,967

12,681

12,610

12,354

12,787

13,042

12,536

12,399

11,661

0

0

0

Residential mortgage banking revenue, net

108,119

101,810

82,910

67,394

91,028

118,235

145,203

147,149

147,880

136,276

152,606

166,382

169,271

157,863

131,855

108,690

111,921

124,722

108,771

110,726

95,053

77,265

76,733

65,808

65,756

78,885

94,075

103,350

94,702

84,216

62,453

45,191

34,357

26,550

24,555

24,609

23,011

21,214

0

0

0

Loss on sale of debt securities, net

-7,317

-7,184

-7,186

-7,172

0

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on equity securities, net

83,594

83,475

83,969

83,250

-789

-1,484

-1,894

-1,432

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investment securities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,793

8,267

2,589

2,326

0

0

0

Total other-than-temporary impairment losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

93

0

0

0

Portion of other-than-temporary impairment losses transferred from other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

1

-62

-321

0

0

0

Gain on sale of investment securities, net

-

-

-

-

-

-

-

-

-

-

-

33

160

-

3,425

3,645

3,502

2,922

1,381

2,063

3,020

2,904

2,069

1,170

202

209

2,687

2,705

3,727

3,868

3,012

8,622

0

-

0

0

-

1,912

0

0

0

Gain on loan and lease sales, net

10,865

10,467

8,348

9,358

7,373

7,834

9,038

15,526

17,488

18,012

20,172

12,197

14,527

15,144

11,025

14,952

18,023

22,380

26,381

29,478

21,324

15,113

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on junior subordinated debentures carried at fair value

-

-

-

-

-

-

-

-

-

-14,700

-6,316

-6,306

-6,306

-6,323

-6,295

-6,295

-6,323

-6,306

-6,334

-6,334

-6,103

-5,090

-4,055

-3,019

-2,197

-2,197

-2,197

-2,197

-2,197

-2,203

-2,203

-2,203

-2,203

-2,197

-2,197

-2,197

-1,650

4,980

0

0

0

Bargain purchase gain on acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,437

0

0

0

Change in FDIC indemnification asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,151

-18,877

-22,623

-25,316

-25,549

-24,431

-22,716

-18,462

-15,234

-15,777

-9,407

-10,918

-6,168

-6,405

-19,964

-14,150

-16,445

0

0

0

BOLI income

8,367

8,406

8,444

8,428

8,395

8,297

8,196

8,186

8,215

8,214

8,306

8,381

8,444

8,514

8,248

8,297

8,188

8,351

8,481

8,477

8,401

6,835

5,627

4,376

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

54,099

51,364

-

44,587

43,490

44,671

45,434

40,405

37,843

30,073

26,465

20,792

17,756

20,089

20,080

22,506

21,716

20,845

22,208

20,796

19,339

16,690

12,674

11,446

12,431

11,327

11,271

0

0

0

Total non-interest income

334,729

339,824

312,886

296,762

246,590

279,417

293,056

297,361

296,829

278,487

308,445

312,462

316,002

301,728

270,665

251,327

257,770

275,724

256,684

257,477

221,841

181,174

159,108

123,087

112,118

122,895

141,643

149,178

143,607

136,829

107,970

99,069

89,770

84,118

81,151

68,506

67,442

75,904

0

0

0

NON-INTEREST EXPENSE
Salaries and employee benefits

429,489

420,373

413,635

410,391

419,682

425,575

437,880

443,037

438,258

438,180

429,172

425,781

424,765

424,830

425,627

426,768

430,030

430,936

428,770

424,852

409,605

355,379

304,062

255,197

211,704

209,991

211,602

207,446

205,358

200,946

192,654

188,134

181,963

179,480

177,508

175,449

171,245

162,875

0

0

0

Occupancy and equipment, net

144,992

144,236

143,672

144,756

146,308

148,724

150,044

151,162

150,533

150,545

150,894

151,427

152,322

151,944

153,048

152,102

149,120

142,975

137,240

133,034

126,912

111,263

94,530

77,520

63,833

62,067

60,375

57,797

56,318

55,081

53,936

53,298

52,265

51,284

50,211

48,856

47,781

45,940

0

0

0

Communications

13,491

14,583

15,931

16,479

17,020

17,233

17,465

17,849

18,261

18,932

19,810

20,368

20,805

21,265

21,451

20,787

21,385

20,615

18,859

18,348

16,620

14,728

14,172

13,012

11,673

11,974

11,848

11,816

11,834

11,573

11,344

11,395

11,346

11,214

11,561

11,250

11,050

10,464

0

0

0

Marketing

13,059

13,255

13,298

13,463

12,239

11,313

11,718

9,699

8,985

8,918

8,992

9,166

9,796

10,913

11,477

12,199

11,233

11,419

12,523

12,416

11,535

9,504

7,210

6,067

6,206

6,062

4,962

4,470

4,935

5,064

5,337

6,240

6,277

6,138

5,690

6,151

6,067

6,225

0

0

0

Services

52,671

54,111

57,011

56,479

59,879

62,730

59,515

54,299

49,058

45,302

42,881

43,286

43,429

42,795

43,181

43,587

42,924

46,379

51,456

55,686

57,222

49,086

40,155

31,981

25,580

25,483

25,459

24,924

25,554

25,823

24,876

25,055

24,450

24,170

24,320

23,738

23,543

22,576

0

0

0

Supplies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

2,450

2,509

2,708

2,824

3,402

3,893

4,053

3,998

0

0

0

FDIC assessments

10,833

11,233

10,985

12,701

14,556

16,094

15,550

15,652

15,407

15,014

16,924

16,628

15,874

15,508

15,265

14,525

13,987

13,480

13,260

12,929

12,349

10,998

9,398

8,069

7,166

6,954

6,787

6,777

6,991

7,308

7,760

7,928

8,863

10,768

12,747

14,790

15,524

15,095

0

0

0

Loss (gain) on other real estate owned, net

-

-

-4,940

-3,624

-

-867

341

312

677

557

671

586

1,586

279

324

468

-1,469

-1,894

-5,745

-6,216

-5,994

-4,116

-2,058

-1,718

-1,314

-1,248

-6,108

-8,303

-9,338

-12,655

-7,968

-8,089

-11,044

-10,690

-15,041

-13,415

-8,619

-8,097

0

0

0

Net loss on covered other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-4,786

-9,080

-8,984

-7,481

-4,799

0

0

-

0

-

-

Intangible amortization

5,461

5,618

5,756

5,892

6,029

6,166

6,313

6,461

6,608

6,756

6,934

7,112

7,751

8,622

9,561

10,500

10,979

11,225

11,521

11,818

11,819

10,207

8,291

6,374

4,771

4,781

4,799

4,802

4,808

4,816

4,836

4,869

4,909

4,948

5,081

5,215

5,332

5,389

0

0

0

Merger related expenses

-

-

-

-

-

-

-

-

-

9,324

12,542

7,889

12,883

15,313

15,807

19,787

34,950

45,582

52,041

54,682

90,416

82,317

73,785

70,009

13,288

8,836

9,197

4,426

3,769

2,338

395

361

279

360

1,260

2,852

4,950

6,675

0

0

0

Goodwill impairment

0

-

-

-

0

-

-

-

-

-

-

-

-

142

142

142

142

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expenses

51,311

51,768

48,806

45,951

48,326

50,763

55,619

58,314

56,537

55,461

51,079

50,319

49,841

46,102

44,363

41,676

38,793

39,137

37,172

37,970

37,692

36,465

35,782

32,610

30,884

27,265

30,354

30,944

30,930

34,048

30,603

29,237

29,378

29,614

30,088

35,981

35,125

32,576

0

0

0

Total non-interest expense

2,510,106

719,040

714,085

709,787

724,944

739,465

753,763

762,825

751,274

747,875

738,557

731,390

735,880

737,155

739,598

741,605

755,012

763,642

768,587

767,951

780,164

684,063

588,571

501,617

375,417

364,661

367,343

358,713

357,718

359,652

346,945

346,195

342,466

338,971

341,496

340,442

332,068

317,738

0

0

0

(Loss) income before provision for income taxes

-1,450,809

468,903

466,529

478,614

417,056

422,686

401,935

378,735

380,258

349,043

366,389

363,160

358,734

361,011

354,645

347,561

348,200

347,127

330,627

332,377

275,879

230,698

188,953

134,208

145,848

152,483

154,759

157,254

151,674

155,212

144,562

138,401

130,010

111,238

91,495

69,301

48,997

34,131

0

0

0

Provision for income taxes

121,076

114,808

115,873

121,479

105,732

106,423

90,699

94,673

104,976

106,730

132,957

131,726

130,232

130,943

127,961

125,079

125,221

124,588

118,525

118,999

99,743

83,040

68,677

49,338

52,267

54,192

53,710

54,529

51,925

53,321

49,247

46,377

43,478

36,742

30,223

21,700

15,718

5,805

0

0

0

Net (loss) income

-1,571,885

354,095

350,656

357,135

311,324

316,263

311,236

284,062

275,282

242,313

233,432

231,434

228,502

230,068

226,684

222,482

222,979

222,539

212,102

213,378

176,136

147,658

120,276

84,870

93,581

98,291

101,049

102,725

99,749

101,891

95,315

92,024

86,532

74,496

61,272

47,601

33,279

28,326

0

0

0

Dividends and undistributed earnings allocated to participating securities

-

-

-

-

-

-

-

-

-

55

71

88

106

123

188

241

302

357

407

465

455

484

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net earnings available to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

759

733

698

682

602

537

461

356

271

182

0

-

0

0

-

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net earnings available to common shareholders

-

-

-

-

-

-

-

-

-

242,258

233,361

231,346

228,396

229,945

226,496

222,241

222,677

222,182

211,695

212,913

175,681

147,174

119,726

84,266

92,863

97,503

100,290

101,992

99,051

101,209

94,713

91,487

86,071

74,140

61,001

47,417

33,165

16,067

0

0

0

(Loss) earnings per common share:
Basic (in dollars per share)

-8.41

0.38

0.38

0.51

0.34

0.37

0.41

0.30

0.36

0.34

0.29

0.26

0.21

0.29

0.28

0.25

0.22

0.29

0.26

0.25

0.21

0.26

0.27

0.09

0.17

0.22

0.21

0.23

0.21

0.24

0.22

0.21

0.23

0.19

0.19

0.15

0.12

0.09

0.07

0.03

-0.04

Diluted (in dollars per share)

-8.41

0.37

0.38

0.51

0.34

0.36

0.41

0.30

0.36

0.34

0.29

0.26

0.21

0.29

0.28

0.25

0.22

0.29

0.26

0.25

0.21

0.26

0.27

0.09

0.16

0.22

0.21

0.23

0.21

0.24

0.22

0.21

0.23

0.19

0.19

0.15

0.12

0.09

0.07

0.03

-0.04

Weighted average number of common shares outstanding:
Basic (in shares)

220,216

220,218

220,285

220,487

220,366

220,243

220,224

220,283

220,370

220,192

220,215

220,310

220,287

220,189

220,291

220,421

220,227

220,199

220,297

220,463

220,349

220,473

217,245

196,312

112,170

111,949

111,912

111,954

111,937

111,955

111,899

111,897

111,989

113,154

114,540

114,611

114,575

114,849

114,528

110,135

92,176

Diluted (in shares)

220,216

220,643

220,583

220,719

220,655

220,856

220,620

220,647

220,825

221,057

220,755

220,753

220,779

220,922

220,751

220,907

221,052

221,075

220,904

221,150

221,051

221,230

218,941

197,638

112,367

112,246

112,195

112,145

112,118

112,215

112,151

112,078

112,160

113,414

114,691

114,785

114,746

110,943

114,760

114,733

92,176

Service charges on deposits
Revenue from contract with customer

64,874

64,514

63,893

62,840

62,407

62,124

61,938

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Brokerage revenue
Revenue from contract with customer

16,105

15,900

16,048

15,935

16,116

16,500

16,134

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (expense) income
Revenue from contract with customer

50,145

62,459

56,480

56,763

62,066

67,917

65,356

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-