UPDATE: Wounded suspect is a 25-year-old Tacoma man. A 19-year veteran of the Portland Police Bureau involved in shooting.

The Portland police officer involved in Wednesday afternoon's shooting of a bank robbery suspect is a 19-year veteran of the police bureau.

Officials said Officer Ryan Reagan fired the shots that wounded 25-year-old Chase A. Peeples of Tacoma, who was a suspect in two North Portland robberies. Peeples is expected to face both state and federal charges when he is released from a local hospital.

Detectives said the man was a suspect in the afternoon robberies of Ace Check Cashing and U.S. Bank branches.

Officer Reagan was put on paid administrative leave, which is police bureau policy.

Police said the shooting happened at about 1:27 p.m. Oct. 25, when officers responded to a bank robbery at a U.S. Bank branch, 3233 N. Lombard St. Officers were told the robbery suspect was an African-American man in his 20s wearing a dark baseball hat and dark clothing.

As the U.S. Bank was being robbed, officers were investigating a robbery at Ace Check Cashing, 2722 N. Lombard St., which had been robbed at about 1:16 p.m., reportedly by a man who matched the bank robbery suspect's description.

As officers searched a neighborhood for the suspect, they saw a man matching the description near North Oatman Avenue and Saratoga Street.

Reagan and his partner confronted the robbery suspect and were about 50 to 60 feet from the suspect as they shouted commands to put his hands in the air. The suspect did not follow the officers' commands and advanced toward them as he reached into his pocket.

Police said Reagan fired several shots from his handgun, striking the suspect. Reagan and other officers provided medical aid to the injured suspect until an ambulance arrived.

No weapons were recovered. Some of the suspect's clothing and a backpack were taken as evidence.

Portland homicide detectives, assisted by the Multnomah County Major Crimes Team, are investigating the shooting.

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