Cascade Bancorp calls for special meeting Nov 12, 2009
Cascade Bancorp shares were trading at 92 cents mid-day Tuesday, a 6. 8 percent drop. (The Business Journal of Portland, OR)
Bank of Cascades parent loses $12.6M in Q3 Nov 1, 2009
Investor David Bolger, who is buying $25 million in common stock and already owns 17 percent of the company, will remain a major shareholder in Cascade Bancorp (NASDAQ: CACB), and private equity Lightyear Fund, investing $40 million, will also own a major stake. These new shareholders are putting up money on the condition that Cascade Bancorp successfully raise another $85 million ... Cascade Bancorp s complex behind-the-scenes capital raise mirrors a similar arrangement announced earlier this... (The Business Journal of Portland, OR)
Fed cracks down on Cascade Bancorp Nov 1, 2009
Cascade Bancorp is attempting to boost its capital by raising nearly $100 million, according to documents filed with the Securities and Exchange Commission. It hopes to raise $25 million from East Coast Philanthropist David Bolger, who owns more than 21 percent of existing shares, in exchange for still more equity. (The Business Journal of Portland, OR)
West Coast Bancorp receives cease and desist order, raises $155M Nov 1, 2009
Cascade Bancorp, parent of Bank of the Cascades, has been attempting to raise capital while under a cease and desist order since Oct. 7. To woo investors, West Coast Bancorp made significant promises. (The Business Journal of Portland, OR)
Cascade Bancorp (Oregon) Enters Into Agreement With FDIC Sep 1, 2009
Aug. 31 /PRNewswire-FirstCall/ -- Cascade Bancorp, (the "Company") (Nasdaq: ), today announced that its principal operating subsidiary, Bank of the Cascades (the "Bank"), entered into an agreement with the Federal Deposit Insurance Corporation ("FDIC") and the Oregon Division of Finance and Corporate Securities ("DFCS") which requires the Bank to take certain measures to strengthen the Bank's financial condition and operations ... Moss commented, "As a community bank, our performance is directly... (PR Newswire)
Cascade Bancorp (Oregon) Announces Filing of Form 10-Q Quarterly Report and Financial Results for the Second Quarter of 2009 Jul 31, 2009
July 30 /PRNewswire-FirstCall/ -- Cascade Bancorp ("Cascade") (Nasdaq: ) reported a second quarter 2009 net loss of $28 ... About Cascade Bancorp and Bank of the Cascades ... Cascade Bancorp (NASDAQ: ), headquartered in Bend, Oregon and its wholly-owned subsidiary, Bank of the Cascades, operates in Oregon and Idaho markets. (PR Newswire)
Simple gauge used to check banks' vital signs Apr 16, 2009
8 percent Cascade Bancorp, Bend: 101. 73 percent PremierWest Bancorp, Medford: 51. (OregonLive, OR -- Business)
Banks lead Oregon stocks' problems Apr 1, 2009
Worst among them was Cascade Bancorp, which plummeted 73. 6 percent in three months ending March 30. (OregonLive, OR -- Business)
NW Stock Report Feb 8, 2009
Local experts provide the latest information on Healthcare issues that matter to you. Fresh Ideas withLeigh Ann. (KGW Northwest NewsChannel 8, OR -- Business)
