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Jeneice Rainey Email
Household work . Bank of the Cascades
Bend, OR
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Employees:
1684Revenue:
$493.4MAbout
Cascade Bancorp is a financial holding company. Its principal subsidiary is the Bank of the Cascades (the Bank). The Bank is a community bank offering a full range of financial services to its business and consumer clients, including residential mortgage, trust and investments. As of December 31, 2002, the Company had total consolidated assets of approximately $578 million, net loans of approximately $492 million and deposits of approximately $502 million. The Company's loan portfolio grew 18.4% to $500.9 million as of December 31, 2002. Approximately 70% of loan growth was generated in Central Oregon and 30% from the Salem/Keizer area. Loan growth was concentrated in commercial and industrial loans, up $32.3 million, or 43.3%, while the commercial real estate portfolio grew $43.3 million, or 26.2%. The Company generates substantially all of its loans and deposits from customers located within the Central Oregon and Salem service areas.Bank of the Cascades Address
1070 NW Bond StreetBend, OR
United States