Company Description (as filed with the SEC)
The disclosures in Item 1 are qualified by the risk factors set forth in Item 1A of this report and the section entitled“Cautionary Information Concerning Forward-Looking Statements” included in Item 7 of this report, and any other cautionary statements contained herein or incorporated herein by reference. Cascade Bancorp and Bank of the Cascades Cascade Bancorp (“Bancorp”) is a publicly traded bank holding company that was formed in 1990 and is headquartered in Bend, Oregon. Bancorp’s common stock trades on the NASDAQ Capital Market under the symbol “CACB.” Bancorp and its wholly-owned subsidiary, Bank of the Cascades (the “Bank,” and together with Bancorp, “Cascade” or the “Company”), operate in Oregon and Idaho markets. At December 31, 2012, the Company had total consolidated assets of approximately $1.3 billion, net loans of approximately $0.8 billion and deposits of approximately $1.1 billion. Bancorp has no significant assets or operations other than the Bank. ... More ...