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Archive Home > 2008 > January > 24 > Cascade Bancorp profits take hit

Cascade Bancorp profits take hit

By David Fisher / The Bulletin
January 24, 2008

Stung by a residential real estate downturn that hit particularly hard in the fourth quarter, Bend-based Cascade Bancorp reported sharply lower quarterly profits Wednesday, joining a parade of community banks that have been bitten by suddenly shaky loans.

The parent company of Bank of the....

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