| Business Summary | | Cascade
Bancorp
is
the
chartered
Financial
Holding
Company
of
the
Bank
of
the
Cascades
(the
Bank).
At
December
31,
2000
the
Company
had
total
consolidated
assets
of
approximately
$423
million,
net
loans
of
approximately
$353
million
and
deposits
of
approximately
$358
million.
Bank
of
the
Cascades
is
a
community
bank
offering
the
full
range
of
financial
services
to
its
business
and
consumer
clients,
including
trust
and
investments.
The
Bank
has
a
network
of
11
branches,
nine
located
in
Central
Oregon,
and
two
in
the
Salem
area,
of
Oregon.
In
Deschutes
County,
the
Company
is
the
market
share
leader
in
customer
deposits,
holding
over
30%
share.
It
also
is
the
market
share
leader
in
construction
and
commercial
real
estate
lending
as
well
as
in
residential
mortgage
origination
and
home
equity
lending. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CACB
is
a
bank
holding
company
for
Bank
of
the
Cascades
and
Cascade
Finance
which
is
a
consumer
finance
company.
For
the
six
months
ended
6/30/01,
interest
income
rose
14%
to
$19.1
million.
Net
interest
income
after
loan
loss
prov.
rose
11%
to
$12.1
million.
Net
income
rose
21%
to
$4
million.
Net
interest
income
reflects
increased
volume
of
loans,
partially
offset
by
higher
deposit
expenses.
Earnings
benefitted
from
increased
service
fee
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gary Capps, 65 Chairman,
Director | -- | -- | Patricia Moss, 47 Pres,
CEO | $336K | $6.3K | Gary Hoffman, 60 Vice
Chairman | -- | -- | Michael Delvin, 52 Exec.
VP and COO | 217K | -- | Gregory Newton, 49 Sr.
VP, CFO and Sec. | 171K | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|