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Archive Home > 2008 > April > 25 > Cascade Bancorp reports 37 percent drop in profit

Cascade Bancorp reports 37 percent drop in profit

By Jeff McDonald / The Bulletin
April 25, 2008

Cascade Bancorp, parent company of Bank of the Cascades, reported Thursday that its first- quarter net income dropped almost 37 percent from the same period last year.

The Bend-based bank’s net income in the quarter ended March 31 was $6 million, or 22 cents per diluted share, down....

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