BNET Industries

Cascade Bancorp

(CACB) is in the Financial Services Industry

Market Cap:$23.4M
Last Fiscal Year Sales:$157.7M
  • Public
  • US
Dow Jones Description

Offering a Cascade of banking services. Founded in 1977 and headquartered in Bend, OR, Cascade Bancorp (NASDAQ-CM: CACB) is the holding company for Bank of the Cascades. The bank has about 30 branches in Oregon and Idaho, offering standard banking services to consumers and smaller businesses. It offers deposit accounts, money market accounts, CDs, electronic bill payment, and other services. Its lending portfolio consists of residential and commercial mortgages and construction and real estate loans. The bank has annual revenue of about $86 million and employs about 340 people. In 2006, it acquired F&M Holding company, whose Farmers & Merchants State Bank has 11 branches in Idaho.

CFO & Executive Vice President
Gregory D. Newton
Number of Employees 545
Contact Information

1100 NW Wall St

Bend, Oregon 97701

www.botc.com

(541) 385-6205

NAICS Code Commercial Banking: 522110

Recent Events

  • Bank Watch: FBOP Flops; U.S. Bank Takes Over $18.2 Billion in Assets

    11/05/09 - Joint Venture / Alliance - View Story

  • Bank of Cascades parent loses $12.6M in Q3

    10/30/09 - New Investment - View Story

  • Cascade Bancorp Oregon Announces Financial Results for the Third Quarter of 2009

    10/29/09 - Financial Announcement - View Story

News & Analysis

cascade bancorp - All News and Analysis

Decision Makers

Name (plus bio) Position
Gregory D. Newton CFO & Executive Vice President
Michael Delvin COO & Executive Vice President
Frank Weis Executive Vice President, Credit Administrator
Peggy Biss Executive Vice President, HR
James E. Petersen General Counsel, Director & Assistant Secretary
Judith A. Johansen Director

Board of Directors

Name (plus bio) Position
Gary L. Capps Chairman
Gary L. Hoffman Vice Chairman
Henry H. Hewitt Board of Directors
Jerol L. Andres Vice Chairman
Ryan Patrick Board of Directors

Organization Position Status
Cascade Bancorp CFO & Executive Vice President Current
Bank of the Cascades CFO & Executive Vice President Current

Organization Position Status
Bank of the Cascades President & COO Current
Cascade Bancorp COO & Executive Vice President Current

Organization Position Status
Cascade Bancorp Executive Vice President, Credit Administrator Current
Bank of the Cascades Executive Vice President & Credit Administrator Current

Organization Position Status
Cascade Bancorp Executive Vice President, HR Current
Bank of the Cascades Executive Vice President, HR Current

Organization Position Status
Cascade Bancorp General Counsel, Director & Assistant Secretary Current
Cascade Bancorp General Counsel, Director & Assistant Secretary Current
Karnopp Petersen Llp Current
Advanced Power Technology, Inc. Board of Directors Current
Petersen, Inc. partner Former
The Volunteers Board Chair Former
University of Oregon J.D. Degree Former

Organization Position Status
Cascade Bancorp Chairman Current
Cascade Bancorp Board of Directors Current

Dr. Hoffman was elected as a director in 1984. Dr. Hoffman served as Vice Chairman of the Board from 2000 until 2005, when he was appointed Chairman of the Cascade Board of Directors, Dr. Hoffman is a partner in the Bend Surgery Center, principal of Deschutes Medical Products, Inc. He practiced surgery at Bend Memorial Clinic from 1975 to 2000.

Organization Position Status
Cascade Bancorp Vice Chairman Current
Cascade Bancorp Vice Chairman Current

Mr. Hewitt was elected as a director in 2004. Mr. Hewitt has been a partner of the Portland, Oregon based law firm of Stoel Rives LLP since 1974 and currently serves as its Chairman. His practice emphasizes general business advice, acquisitions, financings, and strategic planning. During a leave of absence from Stoel Rives in 1999, Mr. Hewitt served as Executive Vice President of finance and administration for PacifiCorp. He is a current member of the boards of directors of Hampton Affiliates, Columbia Forest Products, and PPM Energy, Inc. He currently serves as a trustee for Oregon Health and Science University (OHSU) and Willamette University (chairman, 1995–2003).

Organization Position Status
Cascade Bancorp Board of Directors Current

Organization Position Status
Cascade Bancorp Vice Chairman Current

Organization Position Status
Kaiser Permanente News Center President of Marylhurst University In Portland Current
Portland Gen Electric Co Board of Directors Current
Idaho Power Company Director Current
Kaiser Foundation Health Plan, Inc. Board of Directors Current
Oregon Chapter Board of Directors Current
IDACORP, Inc. Board of Directors Current
Kaiser Permanente News Center Board of Directors Current
Schnitzer Steel Industries, Inc. Board of Directors Current
Cascade Bancorp Director Current
Bank of the Cascades Board of Directors Current
The Nature Conservancy Board of Directors Current
Coral Energy Chief Executive Officer Former
PacifiCorp President and Chief Executive Officer Former
Bonneville Power Administration CEO Former
Scottish Power plc President & CEO, PacifiCore Former
PacifiCorp Executive Vice President of Regulation and External Affairs Former
Bonneville Power Administration Executive Vice President of Regulation and External Affairs Former
Coral Energy Vice President of Business Development Former
Scottish Power plc Executive Director Former
Bonneville Power Administration Administrator Former
Scottish Power plc Board of Directors Former
Northwestern University School of Law J.D. Former
Colorado State University Bachelor's Degree In Political Science Former
Northwestern University School of Law Degree Former

Organization Position Status
Patrick Casey&Company Llp Current
Cascade Bancorp Board of Directors Current
Bank of the Cascades Board of Directors Current
American Institute of Certified Public Accountants Board of Directors Current
American Institute of Certified Public Accountants Member Current
Oregon State University Bachelor of Science Degree In Business Administration Former
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     CACB $0.85 +0.01 (1.06% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 216,201
Shares Outstanding 28.16M
Market Cap 23.9M
Year High 8.2
Year Low 0.61
Earnings Per Share -6.65
P/E Ratio -0.13
Dividend 0.04
Yield 4.71
IndustryTop Rated
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