Sept 2 (Reuters) - Cascade Bancorp:
* Agrees with fdic and the oregon division of finance and corporate securities
measures to improve the safety and soundness of its unit bank of the cascades
* Says agreed to certain measures to improve its capital position, maintain
liquidity ratios, and reduce its level of non-performing assets
* Says actions include development of a plan to maintain the minimum risk-based
capital requirements, including a total risk-based capital ratio of at least
10%
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Cascade Bancorp click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Agrees with fdic and the oregon division of finance and corporate securities
measures to improve the safety and soundness of its unit bank of the cascades
* Says agreed to certain measures to improve its capital position, maintain
liquidity ratios, and reduce its level of non-performing assets
* Says actions include development of a plan to maintain the minimum risk-based
capital requirements, including a total risk-based capital ratio of at least
10%
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Cascade Bancorp click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.