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Deal Overview

Buyer:
Banner Corporation
Actual Acquirer:
Banner Bank
Target:
6 Branches
Deal Type:
Bank & Thrift Branch
Seller:
Umpqua Holdings Corporation
Agreement Date:
2/19/2014
Announcement Date:
2/19/2014
Number of Target Branches
6
Branch Locations
Bandon
OR
Coos Bay (2)
OR
Coquille
OR
North Bend
OR
Riddle
OR
Franchise Premium ($ 000)
2,372
Tangible Book Premium/ Deposits (%)
1.05
Status:
Completed
Completion Date:
6/20/2014

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 226,000
Total Assets ($ 000) 223,628
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes D.A. Davidson & Co.
Seller Yes Sandler O'Neill & Partners LP
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Breyer & Associates PC
Seller Yes Davis Polk & Wardwell LLP