Cascade Bancorp (CACB) 6.26 $CACB
Cascade Bancorp Completes Acquisition of Prime Pacific Financial Services
PR Newswire - Tue Aug 02, 4:45PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade"
, the holding company for Bank of the Cascades, today announced the completion of the acquisition of Prime Pacific Financial Services, Inc. ("Prime Pacific", the holding company for Prime Pacific Bank, N.A. headquartered in Lynnwood, Washington.
CACB: 6.26 (+0.24)
Cascade Bancorp to Present at the KBW Community Bank Conference
PR Newswire - Thu Jul 28, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade", the holding company for Bank of the Cascades ("Bank", today announced that Charles Reeves, President and Chief Operating Officer, and Patrick Hartman, Chief Accounting Officer, will present at the KBW Community Bank Conference in New York. The presentation is scheduled to begin at 3:00 p.m. (Eastern Time), on Tuesday, August 2, 2016.
CACB: 6.26 (+0.24)
Cascade Bancorp Reports Second Quarter 2016 Earnings Per Share Of $0.07 Driven By Double-Digit Revenue And Loan Growth
PR Newswire - Wed Jul 27, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade", the holding company for Bank of the Cascades ("Bank", today announced its financial results for the three and six months ended June 30, 2016.
CACB: 6.26 (+0.24)
Cascade Bancorp To Present At The 18th Annual D.A. Davidson Financial Institutions Conference
PR Newswire - Wed May 04, 3:01PM CDT
Cascade Bancorp, (NASDAQ: CACB) ("Company" or "Cascade" the holding company for Bank of the Cascades ("Bank", today announced that Terry Zink, President and Chief Executive Officer, Chip Reeves, President of the Bank and Chief Operating Officer of the Company, and Greg Newton, Executive Vice President and Chief Financial Officer, are scheduled to present at the 18th Annual D.A. Davidson Financial Institutions Conference. The presentation will take place at the Denver Marriott City Center in Denver, CO, on Tuesday, May 10, 2016 at 11:55 am (Eastern Time).
CACB: 6.26 (+0.24)
Cascade posts 1Q profit
Automated Insights - Wed Apr 27, 4:37PM CDT
BEND, Ore. (AP) _ Cascade Bancorp (CACB) on Wednesday reported first-quarter net income of $1.9 million.
CACB: 6.26 (+0.24)
Cascade Bancorp Reports First Quarter 2016 Results Including $470 Million Deposit Acquisition, Double-Digit Revenue And Organic Loan Growth
PR Newswire - Wed Apr 27, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade", the holding company for Bank of the Cascades ("Bank", today announced its financial results for the three months ended March 31, 2016.
CACB: 6.26 (+0.24)
Cascade Bancorp Announces Agreement to Acquire Prime Pacific Financial Services in the Greater Seattle Metro Market
PR Newswire - Tue Apr 26, 7:00PM CDT
Cascade Bancorp (NASDAQ: CACB or "Cascade" and Prime Pacific Financial Services (OTC PINK: PPFS or "Prime Pacific" today announced that Cascade Bancorp and Prime Pacific have entered into a definitive agreement and plan of merger pursuant to which Cascade will acquire Prime Pacific Financial Services, the holding company of Prime Pacific Bank, a Snohomish county, national banking association with $119.4 million in assets, $94.7 million in net loans, $104.8 million in total deposits at December 31, 2015.
CACB: 6.26 (+0.24)
Cascade Bancorp To Release First Quarter 2016 Earnings On Wednesday, April 27, 2016
PR Newswire - Wed Apr 20, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB), the holding company for Bank of the Cascades, will release its first quarter earnings after the market closes on Wednesday, April 27, 2016, and host a conference call and webcast the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Terry E. Zink, President and CEO of Cascade Bancorp, Gregory Newton, Executive Vice President and CFO of Cascade Bancorp, and Charles Reeves, President and COO of Bank of the Cascades, will discuss first quarter 2016 results and provide an update on recent activities. There will be a question-and-answer session following the presentation.
CACB: 6.26 (+0.24)
Cascade Bancorp reports Q4 2015 net income of USD5.6m
M2 - Thu Feb 04, 7:00AM CST
Cascade Bancorp (NASDAQ: CACB) has reported 2015 net income of USD 5.6 million, or USD0.08 per share in the fourth quarter, compared with USD5.1 million, or USD0.07 per share for the third quarter 2015, the company said. Fourth quarter 2015 financial highlights include: o Loan growth was USD40.6 million, or 9.8 percent annualized, during the fourth quarter, while organic loan growth1 was approximately USD29.6 million, or 8.5 percent annualized. Organic loan growth for the full year was 11.8 percent with year-end gross loans at USD1.7 billion. o Deposits at December 31, 2015 were flat compared to September 30, 2015. However, average deposits increased 8.0 percent (annualized) versus the linked quarter average. Checking balances were over 56.8 percent of total deposits with an overall cost of funds of 0.08 percent. o Fourth quarter net interest income was USD0.6 million lower than the linked quarter primarily due to seasonally higher loan fees in the prior period. This resulted in a fourth quarter net interest margin ("NIM" of 3.52 percent as compared to 3.72 percent in the linked quarter. The lower NIM was also affected by the increasing volume of loans subject to interest rate swaps. o Fourth quarter results included a credit to the provision for loan losses of USD2.0 million. Net charge offs for the period were USD0.2 million compared to net recoveries of USD3.1 million in the linked quarter and USD6.4 million for the full year. The reserve for loan losses was 1.45 percent of total loans at period end. o Non-interest income for the fourth quarter of 2015 decreased compared to the linked quarter due primarily to USD0.5 million higher securities gain in the linked quarter. o Non-interest expense for the fourth quarter was lower than linked quarter levels by USD1.0 million, largely related to reduced human resource costs and lower professional and marketing expense. Full year 2015 financial highlights include: o Net income for 2015 was USD20.6 million, or USD0.29 per share, compared to USD3.7 million, or USD0.06 per share, for 2014. o Return on average tangible assets3 was 0.87 percent compared to 0.19 percent. o Return on average tangible stockholders' equity4 was 8.56 percent compared to 1.77 percent. o Year-over-year loan growth was 13.1 percent, while organic loan growth was approximately USD149.7 million, or 11.8 percent, for the year. o Year-over-year deposit growth was 5.1 percent. During the fourth quarter of 2015, the company entered into an agreement to purchase 15 branch locations in Oregon and southeast Washington from Bank of America, National Association. The recent balance of the deposits to be assumed by Cascade is approximately USD700 million. Total assets at December 31, 2015 were USD2.5 billion, in-line with the linked quarter and up USD126.9 million from the prior year. Cascade Bancorp (NASDAQ: CACB) is the holding company for Bank of the Cascades and operates in Oregon, Idaho and Washington markets. Founded in 1977, Bank of the Cascades offers full-service community banking through 37 branches in Central, Southern and Northwest Oregon.
CACB: 6.26 (+0.24)
Cascade Bancorp Reports Fourth Quarter 2015 Net Income Of $5.6 Million, Or $0.08 Per Share
PR Newswire - Wed Jan 27, 3:01PM CST
Cascade Bancorp (NASDAQ: CACB) (the "Company" or "Cascade", the holding company for Bank of the Cascades (the "Bank", today announced its financial results for the three months and year ended December 31, 2015.
CACB: 6.26 (+0.24)
Cascade Bancorp To Release Fourth Quarter And Year-End 2015 Earnings On Wednesday, January 27, 2016
PR Newswire - Wed Jan 20, 3:01PM CST
Cascade Bancorp (NASDAQ: CACB) ("Company", the holding company for Bank of the Cascades ("Bank", will release its fourth quarter and year-end earnings after the market closes on Wednesday, January 27, 2016, and host a conference call and webcast the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Terry E. Zink, President and CEO, Gregory Newton, Executive Vice President and CFO, and Charles Reeves, Executive Vice President and CBO, will discuss fourth quarter and year-end 2015 results and provide an update on recent activities. There will be a question-and-answer session following the presentation.
CACB: 6.26 (+0.24)
Cascade Bancorp Shares Up 11.3% Since SmarTrend's Buy Recommendation (CACB)
Comtex SmarTrend(R) - Tue Jan 12, 5:28PM CST
SmarTrend identified an Uptrend for Cascade Bancorp (NASDAQ:CACB) on April 22nd, 2015 at $5.04. In approximately 9 months, Cascade Bancorp has returned 11.31% as of today's recent price of $5.61.
CACB: 6.26 (+0.24)
Cascade Bancorp Shares Up 20.4% Since SmarTrend's Buy Recommendation (CACB)
Comtex SmarTrend(R) - Mon Dec 28, 5:22PM CST
SmarTrend identified an Uptrend for Cascade Bancorp (NASDAQ:CACB) on April 22nd, 2015 at $5.04. In approximately 8 months, Cascade Bancorp has returned 20.44% as of today's recent price of $6.07.
CACB: 6.26 (+0.24)
Cascade Bancorp Up 17.5% Since SmarTrend Uptrend Call (CACB)
Comtex SmarTrend(R) - Mon Dec 14, 9:38AM CST
SmarTrend identified an Uptrend for Cascade Bancorp (NASDAQ:CACB) on April 22nd, 2015 at $5.04. In approximately 8 months, Cascade Bancorp has returned 17.46% as of today's recent price of $5.92.
CACB: 6.26 (+0.24)
20.8% Return Seen to Date on SmarTrend Cascade Bancorp Call (CACB)
Comtex SmarTrend(R) - Fri Dec 04, 4:54PM CST
SmarTrend identified an Uptrend for Cascade Bancorp (NASDAQ:CACB) on April 22nd, 2015 at $5.04. In approximately 8 months, Cascade Bancorp has returned 20.83% as of today's recent price of $6.09.
CACB: 6.26 (+0.24)
Bank Of The Cascades Announces The Acquisition Of 15 Branches
PR Newswire - Wed Oct 28, 7:34PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade", the holding company for Bank of the Cascades ("Bank", today announced that the Bank has entered into an agreement to purchase 12 Oregon branch locations and three Washington branch locations from Bank of America, National Association. This acquisition allows Cascade the opportunity to enhance and strengthen its footprint in Oregon while providing entry into the Washington market.
CACB: 6.26 (+0.24)
Cascade Bancorp Reports Third Quarter 2015 Net Income Of $5.1 Million, Or $0.07 Per Share, Driven By Solid Organic Loan And Deposit Growth
PR Newswire - Thu Oct 22, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade", the holding company for Bank of the Cascades ("Bank", today announced its financial results for the three and nine months ended September 30, 2015.
CACB: 6.26 (+0.24)
Cascade Bancorp Completes Acquisition of Prime Pacific Financial Services
PR Newswire - Tue Aug 02, 4:45PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade"
, the holding company for Bank of the Cascades, today announced the completion of the acquisition of Prime Pacific Financial Services, Inc. ("Prime Pacific", the holding company for Prime Pacific Bank, N.A. headquartered in Lynnwood, Washington. CACB: 6.26 (+0.24)
Cascade Bancorp to Present at the KBW Community Bank Conference
PR Newswire - Thu Jul 28, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade"
, the holding company for Bank of the Cascades ("Bank", today announced that Charles Reeves, President and Chief Operating Officer, and Patrick Hartman, Chief Accounting Officer, will present at the KBW Community Bank Conference in New York. The presentation is scheduled to begin at 3:00 p.m. (Eastern Time), on Tuesday, August 2, 2016. CACB: 6.26 (+0.24)
Cascade Bancorp Reports Second Quarter 2016 Earnings Per Share Of $0.07 Driven By Double-Digit Revenue And Loan Growth
PR Newswire - Wed Jul 27, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade"
, the holding company for Bank of the Cascades ("Bank", today announced its financial results for the three and six months ended June 30, 2016. CACB: 6.26 (+0.24)
Cascade Bancorp To Present At The 18th Annual D.A. Davidson Financial Institutions Conference
PR Newswire - Wed May 04, 3:01PM CDT
Cascade Bancorp, (NASDAQ: CACB) ("Company" or "Cascade"
the holding company for Bank of the Cascades ("Bank", today announced that Terry Zink, President and Chief Executive Officer, Chip Reeves, President of the Bank and Chief Operating Officer of the Company, and Greg Newton, Executive Vice President and Chief Financial Officer, are scheduled to present at the 18th Annual D.A. Davidson Financial Institutions Conference. The presentation will take place at the Denver Marriott City Center in Denver, CO, on Tuesday, May 10, 2016 at 11:55 am (Eastern Time). CACB: 6.26 (+0.24)
Cascade posts 1Q profit
Automated Insights - Wed Apr 27, 4:37PM CDT
BEND, Ore. (AP) _ Cascade Bancorp (CACB) on Wednesday reported first-quarter net income of $1.9 million.
CACB: 6.26 (+0.24)
Cascade Bancorp Reports First Quarter 2016 Results Including $470 Million Deposit Acquisition, Double-Digit Revenue And Organic Loan Growth
PR Newswire - Wed Apr 27, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade"
, the holding company for Bank of the Cascades ("Bank", today announced its financial results for the three months ended March 31, 2016. CACB: 6.26 (+0.24)
Cascade Bancorp Announces Agreement to Acquire Prime Pacific Financial Services in the Greater Seattle Metro Market
PR Newswire - Tue Apr 26, 7:00PM CDT
Cascade Bancorp (NASDAQ: CACB or "Cascade"
and Prime Pacific Financial Services (OTC PINK: PPFS or "Prime Pacific" today announced that Cascade Bancorp and Prime Pacific have entered into a definitive agreement and plan of merger pursuant to which Cascade will acquire Prime Pacific Financial Services, the holding company of Prime Pacific Bank, a Snohomish county, national banking association with $119.4 million in assets, $94.7 million in net loans, $104.8 million in total deposits at December 31, 2015. CACB: 6.26 (+0.24)
Cascade Bancorp To Release First Quarter 2016 Earnings On Wednesday, April 27, 2016
PR Newswire - Wed Apr 20, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB), the holding company for Bank of the Cascades, will release its first quarter earnings after the market closes on Wednesday, April 27, 2016, and host a conference call and webcast the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Terry E. Zink, President and CEO of Cascade Bancorp, Gregory Newton, Executive Vice President and CFO of Cascade Bancorp, and Charles Reeves, President and COO of Bank of the Cascades, will discuss first quarter 2016 results and provide an update on recent activities. There will be a question-and-answer session following the presentation.
CACB: 6.26 (+0.24)
Cascade Bancorp reports Q4 2015 net income of USD5.6m
M2 - Thu Feb 04, 7:00AM CST
Cascade Bancorp (NASDAQ: CACB) has reported 2015 net income of USD 5.6 million, or USD0.08 per share in the fourth quarter, compared with USD5.1 million, or USD0.07 per share for the third quarter 2015, the company said. Fourth quarter 2015 financial highlights include: o Loan growth was USD40.6 million, or 9.8 percent annualized, during the fourth quarter, while organic loan growth1 was approximately USD29.6 million, or 8.5 percent annualized. Organic loan growth for the full year was 11.8 percent with year-end gross loans at USD1.7 billion. o Deposits at December 31, 2015 were flat compared to September 30, 2015. However, average deposits increased 8.0 percent (annualized) versus the linked quarter average. Checking balances were over 56.8 percent of total deposits with an overall cost of funds of 0.08 percent. o Fourth quarter net interest income was USD0.6 million lower than the linked quarter primarily due to seasonally higher loan fees in the prior period. This resulted in a fourth quarter net interest margin ("NIM"
of 3.52 percent as compared to 3.72 percent in the linked quarter. The lower NIM was also affected by the increasing volume of loans subject to interest rate swaps. o Fourth quarter results included a credit to the provision for loan losses of USD2.0 million. Net charge offs for the period were USD0.2 million compared to net recoveries of USD3.1 million in the linked quarter and USD6.4 million for the full year. The reserve for loan losses was 1.45 percent of total loans at period end. o Non-interest income for the fourth quarter of 2015 decreased compared to the linked quarter due primarily to USD0.5 million higher securities gain in the linked quarter. o Non-interest expense for the fourth quarter was lower than linked quarter levels by USD1.0 million, largely related to reduced human resource costs and lower professional and marketing expense. Full year 2015 financial highlights include: o Net income for 2015 was USD20.6 million, or USD0.29 per share, compared to USD3.7 million, or USD0.06 per share, for 2014. o Return on average tangible assets3 was 0.87 percent compared to 0.19 percent. o Return on average tangible stockholders' equity4 was 8.56 percent compared to 1.77 percent. o Year-over-year loan growth was 13.1 percent, while organic loan growth was approximately USD149.7 million, or 11.8 percent, for the year. o Year-over-year deposit growth was 5.1 percent. During the fourth quarter of 2015, the company entered into an agreement to purchase 15 branch locations in Oregon and southeast Washington from Bank of America, National Association. The recent balance of the deposits to be assumed by Cascade is approximately USD700 million. Total assets at December 31, 2015 were USD2.5 billion, in-line with the linked quarter and up USD126.9 million from the prior year. Cascade Bancorp (NASDAQ: CACB) is the holding company for Bank of the Cascades and operates in Oregon, Idaho and Washington markets. Founded in 1977, Bank of the Cascades offers full-service community banking through 37 branches in Central, Southern and Northwest Oregon. CACB: 6.26 (+0.24)
Cascade Bancorp Reports Fourth Quarter 2015 Net Income Of $5.6 Million, Or $0.08 Per Share
PR Newswire - Wed Jan 27, 3:01PM CST
Cascade Bancorp (NASDAQ: CACB) (the "Company" or "Cascade"
, the holding company for Bank of the Cascades (the "Bank", today announced its financial results for the three months and year ended December 31, 2015. CACB: 6.26 (+0.24)
Cascade Bancorp To Release Fourth Quarter And Year-End 2015 Earnings On Wednesday, January 27, 2016
PR Newswire - Wed Jan 20, 3:01PM CST
Cascade Bancorp (NASDAQ: CACB) ("Company"
, the holding company for Bank of the Cascades ("Bank", will release its fourth quarter and year-end earnings after the market closes on Wednesday, January 27, 2016, and host a conference call and webcast the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Terry E. Zink, President and CEO, Gregory Newton, Executive Vice President and CFO, and Charles Reeves, Executive Vice President and CBO, will discuss fourth quarter and year-end 2015 results and provide an update on recent activities. There will be a question-and-answer session following the presentation. CACB: 6.26 (+0.24)
Cascade Bancorp Shares Up 11.3% Since SmarTrend's Buy Recommendation (CACB)
Comtex SmarTrend(R) - Tue Jan 12, 5:28PM CST
SmarTrend identified an Uptrend for Cascade Bancorp (NASDAQ:CACB) on April 22nd, 2015 at $5.04. In approximately 9 months, Cascade Bancorp has returned 11.31% as of today's recent price of $5.61.
CACB: 6.26 (+0.24)
Cascade Bancorp Shares Up 20.4% Since SmarTrend's Buy Recommendation (CACB)
Comtex SmarTrend(R) - Mon Dec 28, 5:22PM CST
SmarTrend identified an Uptrend for Cascade Bancorp (NASDAQ:CACB) on April 22nd, 2015 at $5.04. In approximately 8 months, Cascade Bancorp has returned 20.44% as of today's recent price of $6.07.
CACB: 6.26 (+0.24)
Cascade Bancorp Up 17.5% Since SmarTrend Uptrend Call (CACB)
Comtex SmarTrend(R) - Mon Dec 14, 9:38AM CST
SmarTrend identified an Uptrend for Cascade Bancorp (NASDAQ:CACB) on April 22nd, 2015 at $5.04. In approximately 8 months, Cascade Bancorp has returned 17.46% as of today's recent price of $5.92.
CACB: 6.26 (+0.24)
20.8% Return Seen to Date on SmarTrend Cascade Bancorp Call (CACB)
Comtex SmarTrend(R) - Fri Dec 04, 4:54PM CST
SmarTrend identified an Uptrend for Cascade Bancorp (NASDAQ:CACB) on April 22nd, 2015 at $5.04. In approximately 8 months, Cascade Bancorp has returned 20.83% as of today's recent price of $6.09.
CACB: 6.26 (+0.24)
Bank Of The Cascades Announces The Acquisition Of 15 Branches
PR Newswire - Wed Oct 28, 7:34PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade"
, the holding company for Bank of the Cascades ("Bank", today announced that the Bank has entered into an agreement to purchase 12 Oregon branch locations and three Washington branch locations from Bank of America, National Association. This acquisition allows Cascade the opportunity to enhance and strengthen its footprint in Oregon while providing entry into the Washington market. CACB: 6.26 (+0.24)
Cascade Bancorp Reports Third Quarter 2015 Net Income Of $5.1 Million, Or $0.07 Per Share, Driven By Solid Organic Loan And Deposit Growth
PR Newswire - Thu Oct 22, 3:01PM CDT
Cascade Bancorp (NASDAQ: CACB) ("Company" or "Cascade"
, the holding company for Bank of the Cascades ("Bank", today announced its financial results for the three and nine months ended September 30, 2015. CACB: 6.26 (+0.24)
