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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2014
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
Purchase Price (in thousands, except per share data)
 
 
 
Cascade Bancorp common stock shares issued for Home Federal shares
 
 
24,309,131

Cascade share price as calculated in the Merger Agreement
 
 
$
4.91

Consideration from common stock conversion (1.6772 ratio)
 
 
$
119,285

Consideration paid in cash ($8.43 per share)
 
 
$
122,163

Total purchase price
 
 
241,448

ASSETS
 
 
 
Cash and cash equivalents
 
$
160,782

 
Investment securities
 
318,893

 
Loans
 
392,344

 
Premises and equipment
 
18,610

 
Other real estate owned
 
3,514

 
Deferred tax asset
 
15,168

 
Bank owned life insurance
 
15,896

 
Other assets
 
13,259

 
Intangible asset acquired (1)
 
7,667

 
Total assets
 
$
946,133

 
LIABILITIES
 
 
 
Deposits
 
$
760,648

 
Other liabilities
 
19,875

 
Total liabilities
 
$
780,523

 
Net identifiable assets acquired
 
 
165,610

Goodwill
 
 
$
75,838

 
 
 
 
(1) Intangible assets consist of core deposit intangibles. The useful life for which the core deposit intangible is being amortized is 10 years.
Business Acquisition, Pro Forma Information [Table Text Block]
 
Three months ended June 30,
 
Six months ended June 30,
 
2014
 
2013
 
2014
 
2013
Net interest income
$
19,907

 
$
22,646

 
$
41,586

 
$
44,641

Non-interest expense
45,603

 
35,445

 
68,727

 
59,029

Net income
$
(15,775
)
 
$
41,479

 
$
(14,206
)
 
$
43,777

 Net income per diluted share
$
(0.22
)
 
$
0.58

 
$
(0.20
)
 
$
0.61