Umpqua Holdings Corporation and Humboldt Bancorp Announce Anticipated Special Shareholder Meeting and Closing Dates for Humboldt
06 Maggio 2004 - 3:00PM
PR Newswire (US)
Umpqua Holdings Corporation and Humboldt Bancorp Announce
Anticipated Special Shareholder Meeting and Closing Dates for
Humboldt Bancorp Merger PORTLAND, Ore., May 6
/PRNewswire-FirstCall/ -- Umpqua Holdings Corporation and Humboldt
Bancorp , today announced that they anticipate holding special
shareholder meetings on July 7, 2004, to vote on the proposed
merger of Humboldt Bancorp with Umpqua Holdings Corporation. In
addition, subject to receipt of regulatory and shareholder
approvals and satisfaction of all conditions to closing, the
transaction is expected to close on or about July 9, 2004. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030827/UMPQLOGO ) About
Umpqua Holdings Corporation Umpqua Holdings Corporation is the
parent company of Umpqua Bank, an Oregon state-chartered bank
recognized for its entrepreneurial approach, innovative use of
technology, and distinctive banking solutions. Umpqua Bank has 64
stores throughout Oregon and Southwest Washington. The bank was
named #1 on "The 100 Best Companies to Work For in Oregon" large
companies list for 2004 by Oregon Business Magazine. Umpqua
Holdings also owns a retail brokerage subsidiary, Strand, Atkinson,
Williams & York, Inc. which has 16 locations throughout Oregon
and Southwest Washington and offers brokerage services within
Umpqua Bank stores. Additionally, Umpqua Holdings' Private Client
Services Division provides tailored financial services and products
to individual customers. Umpqua Holdings Corporation is
headquartered in Portland, Oregon. For more information, please
visit http://www.umpquaholdingscorp.com/ . About Humboldt Bancorp
Humboldt Bancorp, with total assets of approximately $1.5 billion,
is the bank holding company for Humboldt Bank, which offers
business and consumer banking services at 27 locations throughout
Northern California. For additional information, please visit
http://www.humboldtbancorp.com/ . This press release includes
forward-looking statements within the meaning of the "Safe-Harbor"
provisions of the Private Securities Litigation Reform Act of 1995,
which management believes are a benefit to shareholders. These
forward-looking statements describe the companies' expectations
regarding future events and developments, including that all
conditions required to close the merger will be met. These
statements are necessarily subject to risk and uncertainty and
actual results could differ materially due to certain risk factors,
including those set forth from time to time in the companies'
filings with the SEC. Specific risks in this press release include
the companies' ability to hold a shareholder meetings, satisfy
merger closing conditions and close the merger as expected. You
should not place undue reliance on forward-looking statements and
we undertake no obligation to update any such statements. The
foregoing may be deemed to be offering or solicitation materials of
Umpqua Holdings Corporation and Humboldt Bancorp in connection with
Umpqua's proposed merger Humboldt Bancorp. Shareholders are urged
to read the joint proxy statement/prospectus included in the
registration statement on Form S-4, which Umpqua Holdings filed
with the SEC in connection with the proposed merger, because it
contains important information about Umpqua, Humboldt Bancorp, the
merger and related matters. The directors and executive officers of
Umpqua and Humboldt Bancorp may be deemed to be participants in the
solicitation of proxies from their respective shareholders.
Information regarding the participants and their security holdings
can be found in the joint proxy statement/prospectus filed with the
SEC. All documents filed with the SEC are available for free, both
on the SEC web site (http://www.sec.gov/) and from Umpqua by
directing a request to Umpqua Holdings Corporation, Attention:
Investor Relations, 200 SW Market Street, Suite 1900, Portland, OR
97201, and from Humboldt Bancorp by directing a request to Humboldt
Bancorp, Investor Relations, 2998 Douglas Blvd., Suite 330,
Roseville, CA 95661.
http://www.newscom.com/cgi-bin/prnh/20030827/UMPQLOGO
http://photoarchive.ap.org/ DATASOURCE: Umpqua Holdings Corporation
CONTACT: Ray Davis, President/CEO, +1-503-546-2490, or , or Dan
Sullivan, EVP/CFO, +1-503-546-2492, or , both of Umpqua Holdings
Corporation; or Robert M. Daugherty, President/CEO,
+1-916-783-2813, or , or Patrick J. Rusnak, Chief Financial
Officer, +1-916-783-2812, or , both of Humboldt Bancorp Web site:
http://www.humboldtbancorp.com/ Web site:
http://www.umpquaholdingscorp.com/
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