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CACB > SEC Filings for CACB > Form 8-K on 12-Jul-2013All Recent SEC Filings

Show all filings for CASCADE BANCORP



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Item 8.01 Other Events

On July 8, 2013 Cascade Bancorp (the "Company") the holding company for Bank of the Cascades ("Bank"), announced the execution of a purchase and assumption agreement where, subject to regulatory approval the Bank, will purchase the Klamath Falls, Oregon branch, including deposits and selected loans of AmericanWest Bank and will also assume the customer relations, deposits and selected loans, of AmericanWest Bank's Bend and Redmond, Oregon branch offices. The transaction is expected to close in the fourth quarter of 2013. On July 8, 2013, the Company issued a press release announcing the expansion in Klamath Falls, Bend and Redmond, Oregon. A copy of the press release is included with this Form 8-K as Exhibit 99.1.

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