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Archive Home > 2009 > July > 31 > Cascade Bancorp loses $28M in 2Q

Cascade Bancorp loses $28M in 2Q


July 31, 2009

Bend-based Cascade Bancorp, parent company of Bank of the Cascades, lost $28.1 million, or $1 per share, in its second quarter that ended June 30, driven by higher provisions for loan losses, the company reported Thursday. In last year's second quarter, the company lost $3.4 million, or 12 cents....

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