BEND, Ore., Jan. 23 /PRNewswire-FirstCall/ -- The Board of Directors of Cascade Bancorp approved payment of a $.09 per share quarterly cash dividend. This regular dividend is payable on February 10, 2006, to shareholders of record as of February 3, 2006.
"The Company announced its fourth quarter and full year 2005 financial results reflecting another year of superior performance and growth. Accordingly, directors are pleased to continue a solid dividend return to our shareholders," stated Patricia L. Moss, President and CEO of Cascade Bancorp.
Cascade Bancorp is a Financial Holding Company, with Bank of the Cascades as its principal subsidiary. The Bank has a total of 21 branches throughout Central Oregon, Portland, Southern Oregon, Salem and Keizer. For further information on the Company or to access Internet Banking, please visit our web site at http://www.botc.com/ .
