TITLE

50% Profit Gain For Cascade of Ore

AUTHOR(S)
Kline, Alan
PUB. DATE
January 2006
SOURCE
American Banker;1/13/2006, Vol. 171 Issue 9, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents information about the fourth quarter earnings report of Cascade Bancorp Inc. Cascade said that its fourth-quarter earnings rose 50% year over year, to $6.8 million. Earnings per share rose 49%, to 39 cents, and full-year earnings 40.2%, to $22.4 million. Cascade credited strong loan growth and improved credit quality. Cascade announced last month that it is buying F&M Holding Co. for $147 million.
ACCESSION #
19474927

 

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