Cascade Bancorp (NASDAQ:CACB)

CAPS Rating: 3 out of 5

The Company, through its wholly-owned subsidiary, is engaged in activities like usual lending & deposit functions of a commercial bank, checking money market, time deposit& savings accounts, Internet banking & bill payment; ATMs & safe deposit facilities.

Recs

1
Player Avatar joshf1620 (35.04) Submitted: 3/15/2008 5:19:17 AM : Outperform Start Price: $90.82 CACB Score: -159.28

as a customer, I believe the bank is well positioned within the Central Oregon market -great service, efficient operations, high visibility. Loan portfolio is relatively conservative, and Bend real estate market is a long-term winner . l anticipate a lower default rate in the area (CACB's main exposure) as a consequence of high proportions of retirees and wealthy investors. All great for CACB!

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