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Archive Home > 2008 > July > 25 > Cascade Bancorp earnings tumble

Cascade Bancorp earnings tumble

By Jeff McDonald / The Bulletin
July 25, 2008

Bend-based Cascade Bancorp, the parent company of Bank of the Cascades, reported Thursday that its second-quarter earnings fell 98 percent from a year ago. The bank, though, remains well-capitalized with a sizable reserve fund to offset future loan losses caused by the hard-hit real estate....

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