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Archive Home > 2007 > October > 17 > Cascade Bancorp earnings dip

Cascade Bancorp earnings dip

CEO says growth prospects remain strong despite real estate market

By David Fisher / The Bulletin
October 17, 2007

Cascade Bancorp reported a dip in third-quarter profits Tuesday, although its loan portfolio and deposit base were both up.

The company, which operates Bank of the Cascades, reported net income of $10 million for the quarter that ended Sept. 30, down from $10.5 million in third quarter 2006 and....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.