Umpqua Holdings, parent company of Umpqua Bank and Umpqua Investments, said it completed its acquisition of Financial Pacific Holding, the parent company of Financial Pacific Leasing, on July 1, 2013.

Umpqua Holdings is the parent company of Umpqua Bank, an Oregon-based community bank with locations between San Francisco, CA and Seattle, WA, along the Oregon and Northern California Coast, Central Oregon and Northern Nevada. Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments, which has locations in Umpqua Bank stores and in dedicated offices in Oregon. Umpqua Private Bank serves high net worth individuals and non-profits, providing trust and investment services. Umpqua Holdings Corporation is headquartered in Portland, OR.

Financial Pacific Leasing is a commercial finance company based in Federal Way, WA that leases equipment to small businesses. The company originates leases through a nationwide network of third-party originators. Financial Pacific’s average lease is approximately $25,000, and its portfolio is comprised of a diverse set of equipment types, including vehicles/trailers, medical equipment, computer systems, restaurant equipment and construction equipment.

Previously on monitordaily Umpqua Bank to Acquire Financial Pacific, June 5, 2013.