50% Profit Gain For Cascade of Ore

Kline, Alan
January 2006
American Banker;1/13/2006, Vol. 171 Issue 9, p4
Trade Publication
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.


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