Bank of the Cascades in Bend, Oregon (OR), ID



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Bank of the Cascades routing number info

Table of contents:
Bank of the Cascades
GeneralFDIC Certificate #: 22407
Status: Active
Federal Reserve ID: 17464
Bank Holding Company (Regulatory Top Holder): Cascade Bancorp (RSSDID: 1848003, Location: Bend, OR)
Date Established: Febuary 01, 1977
WWW: http://www.botc.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 35 (Domestic: 35, Interstate: Yes)
OTS Docket #: 9626
FDIC's unique #: 15608
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 01, 1977
Last Structure Change Effective Date: January 17, 2007
Last Structure Change Process Date: January 18, 2007
Last Data Update: January 18, 2007
Data Source Date: April 05, 2012
LocationAddress: 1100 Nw Wall Street, Bend, OR 97701
County: Deschutes
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Portland
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Combined Statistical Area (CSA): Bend-Prineville, OR (#140)
Core Based Statistical Area (CBSA): Bend, OR (#13460)
CBSA Metro Statistical Area: Bend, OR (#13460)
History of ChangesCorrections
Change in Location
Financial SummaryTotal assets: $1,334.8 mil
Equity capital: $163.8 mil
Deposits held in domestic offices: $1,087.3 mil
Return on assets (ROA): -4.54% (-$60.6 mil)
Quarterly return on assets: -4.74% (-$63.3 mil)
Return on Equity (ROE): -39.01% (-$64.0 mil)
Quarterly return on equity: -37.91% (-$62.2 mil)
Net income: -$69.5 mil
Quarterly Net income: -$16.3 mil
Pretax return on assets: -5.25% (-$70,074.6 mil)
Quarterly Pretax return on assets: -4.45% (-$59,396.6 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)436
Total assets$1,334,755
Cash and due from depository institutions$128,416
Interest-bearing balances$94,759
Securities$210,839
Federal funds sold & reverse repurchase agreements$23
Net loans & leases$863,360
Loan loss allowance $34,205
Trading account assets$0
Bank premises and fixed assets$34,181
Other real estate owned$21,963
Goodwill and other intangibles$0
All other assets$75,973
Life insurance assets$1,334,755
Total liabilities and capital$1,171,001
Total liabilities$1,087,325
Total deposits$928,169
Interest-bearing deposits$1,087,325
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$60,000
Other borrowed funds $0
Subordinated debt $23,676
All other liabilities $163,754
Total equity capital$163,754
Total bank equity capital$163,754
Perpetual preferred stock$0
Common stock$750
Surplus$226,740
Undivided profits $-63,736
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $506
Income earned, not collected on loans $9,135
Earning assets $1,629
Long-term assets (5+ years) $3,416
Average Assets, year-to-date $1,168,981
Average Assets, quarterly $384,791
Volatile liabilities $1,530,618
Insider loans $1,374,669
FHLB advances $1,029,189
Loans and leases held for sale $1,402,679
Unused loan commitments $34,506
Tier 1 (core) risk-based capital $7,919
Tier 2 risk-based capital $161,045
Total risk weighted assets $26,587
Total unused commitments $0
Restructured Loans and leases $171,528
Derivatives$511
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $67,098
Total interest expense $11,546
Net interest income $55,552
Provision for loan and lease losses $65,300
Total noninterest income -$4,647
Fiduciary activities $597
Service charges on deposit accounts $4,493
Trading account gains & fees $0
Additional noninterest income -$9,737
Total noninterest expense $65,919
Salaries and employee benefits $30,598
Premises and equipment expense $6,292
Additional noninterest expense $29,029
Pre-tax net operating income -$80,314
Securities gains (losses) $0
Applicable income taxes -$10,844
Income before extraordinary items -$69,470
Extraordinary gains - net $0
Net income attributable to bank -$69,470
Net charge-offs $0
Cash dividends -$69,470
Sale, conversion, retirement of capital stock, net $77,762
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.95%
Cost of funding earning assets 0.85%
Net interest margin 4.10%
Noninterest income to earning assets -0.34%
Noninterest expense to earning assets 4.86%
Net operating income to assets -4.54%
Return on assets (ROA) -4.54%
Pretax return on assets -5.25%
Return on equity (ROE) -39.01%
Retained earnings to average equity (YTD only) -39.01%
Net charge-offs to loans 7.27%
Credit loss provision to net charge-offs 83.97%
Efficiency ratio-0.19%
Assets per employee$126,595
Cash dividends to net income (YTD only)3.06%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.81%
Noncurrent assets plus other real estate owned to assets 374.44%
Noncurrent loans to loans 2.33%
Net loans and leases to deposits1.02%
Net loans and leases to core deposits 79.40%
Equity capital to assets 82.23%
Core capital (leverage) ratio 12.27%
Tier 1 risk-based capital ratio 11.48%
Total risk-based capital ratio 15.65%
Memoranda
Average assets$17
Average earning assets$1,530,618
Average equity $178,070
Average loans $1,356,165
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$55,502
Number of Accounts1
Personal trust and agency accounts$54,790
Employee benefit-defined contribution accounts$30,070
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$2,157
Investment management agency accounts$0
Other fiduciary accounts$22,563
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts165
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$2,157
Employee benefit-defined benefit accounts$0
Other retirement accounts$712
Corporate trust and agency accounts$712
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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13 Idaho Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
30249412Nampa Branch112 2nd Street South, Nampa, ID 83651March 05, 1995Full Service Brick and Mortar
31249413Administrative Office Branch121 North 9th St, Suite 101, Boise, ID 83702June 30, 1996Limited Service Administrative
32249415Garden City Branch4128 Adams Street, Garden City, ID 83714September 08, 1998Full Service Brick and Mortar
33249416Caldwell Branch1110 Blaine, Caldwell, ID 83605September 08, 1998Full Service Brick and Mortar
34249417Overland Park Branch6981 Overland Road, Boise, ID 83709June 07, 1999Full Service Brick and Mortar
35358445Fruitland Branch1850 N. Whitley Drive, Fruitland, ID 83619June 01, 2000Full Service Brick and Mortar
36419582South Nampa Branch1513 12th Ave. Rd., Nampa, ID 83686November 04, 2002Full Service Brick and Mortar
37433278El Dorado Branch3135 East Overland Road, Meridian, ID 83642December 06, 2004Full Service Brick and Mortar
38433454Kuna Branch840 E. Avalon Street, Kuna, ID 83634November 29, 2004Full Service Brick and Mortar
39440497Meridian Branch30 E Broadway Avenue, Meridian, ID 83642May 23, 2005Full Service Brick and Mortar
41454708Vista Branch801 South Vista Avenue, Boise, ID 83705August 14, 2006Full Service Brick and Mortar
42465582Boise - Plaza 121 Branch121 N 9th Street, Suite 100, Boise, ID 83702June 30, 2007Full Service Brick and Mortar
44470826Eagle Branch1101 E. Winding Creek Drive, Eagle, ID 83616January 23, 2008Full Service Brick and Mortar
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22 Oregon Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
015608Bank Of The Cascades1100 Nw Wall Street, Bend, OR 97701Febuary 01, 1977Full Service Brick and Mortar
1254527South Country Branch61250 S Highway 97, Bend, OR 97702March 26, 1979Full Service Brick and Mortar
2254528Sunriver Branch57150 Beaver Drive, Sunriver, OR 97707April 21, 1980Full Service Brick and Mortar
3220247Sisters Branch272 E Main Street, Sisters, OR 97759March 01, 1974Full Service Brick and Mortar
5254530South Redmond Branch2542 South Highway 97, Redmond, OR 97756June 01, 1992Full Service Brick and Mortar
6273648Prineville Branch103 Nw Third Street, Prineville, OR 97754November 03, 1934Full Service Brick and Mortar
9254533Redmond Branch154 Southwest 6th Street, Redmond, OR 97756March 08, 1999Full Service Brick and Mortar
11357614Keizer Branch5120 River Road North, Keizer, OR 97303June 21, 2000Full Service Brick and Mortar
13364453South Salem Branch3999 Commercial St. Se, Salem, OR 97302August 10, 2001Full Service Brick and Mortar
14423074Medford Branch1220 Corona Avenue, Suite 101, Medford, OR 97504July 17, 2003Full Service Brick and Mortar
16423329Portland Business And Professional B1000 Pioneer Tower, 888 Sw Fifth Ave, Portland, OR 97204November 24, 2003Full Service Brick and Mortar
17424695Medford Courier Service Branch1220 Corona Avenue, Suite 101, Medford, OR 97504July 17, 2003Limited Service Messenger
18425204Old Mill Branch233 Sw Wilson Ave, Suite 101, Bend, OR 97702Febuary 06, 2004Full Service Brick and Mortar
1956274Grants Pass Branch1304 N.W. 6th Street, Grants Pass, OR 97526Febuary 14, 1996Full Service Brick and Mortar
22430074South Grants Pass265 Union Avenue, Grants Pass, OR 97527July 12, 2004Full Service Brick and Mortar
23431449West Bend Branch320 Sw Century Drive, Bend, OR 97702June 21, 2004Full Service Brick and Mortar
24431450Forum Branch2630 Ne Hwy 20, Bend, OR 97701June 14, 2004Full Service Brick and Mortar
25431451Third & Revere Branch1700 Ne Third Street, Bend, OR 97701June 30, 2004Full Service Brick and Mortar
27446296Grants Pass Courier1304 Nw 6th Street, Grants Pass, OR 97526January 05, 2006Limited Service Messenger
40453814Crater Lake Highway Branch3100 Crater Lake Hwy, Medford, OR 97504July 20, 2005Full Service Brick and Mortar
43467440Barnett Road Branch2646 Barnett Road, Medford, OR 97504August 13, 2007Full Service Brick and Mortar
45510952Salem Branch520 Hawthorne Avenue Se, Salem, OR 97301July 01, 2009Full Service Brick and Mortar
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