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Stock Market & Financial Investment News

News Breaks
January 22, 2013
17:47 EDTCACBCascade Bancorp COO Michael Delvin to retire March 31
Cascade Bancorp disclosed in a regulatory filing that on January 16, Michael Delvin, executive VP and COO of Cascade Bancorp and of its wholly owned subsidiary, Bank of the Cascades, gave notice of his resignation, which will be effective March 31. Delvin is retiring.
News For CACB From The Last 14 Days
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October 28, 2014
16:20 EDTCACBCascade Bancorp reports Q3 EPS 3c, consensus 4c
Net interest income was $18.6M for the quarter ending September 30 as compared to $15.7M for the second quarter of 2014, and to $12.1M in the third quarter of 2013. The comparative increase was mainly related to inclusion of earnings on assets acquired in the HFB acquisition for the full third quarter of 2014, compared to inclusion for approximately half of the second quarter of 2014. Total interest income was $19.3M for the quarter ending September 30 as compared to $16.2Mn in the second quarter of 2014 and $12.5M in the third quarter of 2013. The comparative increase was primarily related to inclusion of earnings on assets acquired in the HFB acquisition for the full third quarter of 2014.

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