by Calculated Risk on 1/26/2009 12:53:00 PM

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Photo Credit: Otishertz

Otishertz spotted this Ice Cream truck in Portland yesterday. Thanks for sharing!

Umpqua Bank received $214 million from TARP in mid-November.

They cut their dividend recently according to the Portland Business Journal:

Umpqua Bank parent Umpqua Holdings Inc., based in Portland, cut its quarterly dividend in December to 5 cents from prior payments of 19 cents per share.

At least we know what they are using the TARP money for: Free ice cream!