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Cascade Financial Updates Year-End Earnings Conference Call Schedule.


EVERETT, Wash. -- First graph, second sentence should read: conference call at 11:00 am PST PST Paroxysmal supraventricular tachycardia, see there  (2:00 pm EST EST electroshock therapy.

EST
abbr.
electroshock therapy
) (sted: conference call at 10:00 am PST (1:00 pm EST).

The corrected release reads:

CASCADE FINANCIAL UPDATES YEAR-END EARNINGS CONFERENCE CALL SCHEDULE

Cascade Financial Corporation (Nasdaq:CASB CASB Cost Accounting Standards Board
CASB Colorado Association of School Boards
CASB Canadian Aviation Safety Board
CASB Catalogs and Surveys Branch
CASB Chinese Association at Stony Brook
CASB Council for the Advancement of Small Business
), parent company of Cascade Bank, today announced that year-end earnings will be released on Tuesday, January 24, 2006, correcting a previous error. The following day, on Wednesday, January 25, Carol K. Nelson, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and Lars Johnson, EVP EVP Executive Vice President
EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor
EVP Electronic Voice Phenomenon
EVP Europäische Volkspartei (Germany)
EVP Employee Value Proposition
 and CFO See Chief Financial Officer. , will discuss the results in a conference call at 11:00 am PST (2:00 pm EST). Interested investors may listen to the call live or via replay at www.cascadebank.com. The dial-in numbers remain unchanged: Investment professionals are invited to dial 303-262-2139 to access the live call, and a replay will be available for three weeks at 303-590-3000, using passcode 11048908#.

"In a previous press release, the earnings release and conference call were incorrectly reported to be scheduled one week earlier," stated Carol K. Nelson, President and CEO. "We are pleased with 2005 results and look forward to sharing details on our performance."

In the first nine months of 2005, Cascade's net income was up 21% to $9.6 million, or $0.98 per diluted share, compared to $8.0 million, or $0.87 per share in the same period last year.

About Cascade Financial

Established in 1916, Cascade Bank, the only operating subsidiary of Cascade Financial Corporation, is a state chartered commercial bank headquartered in Snohomish County, Washington Snohomish County is a county located in the U.S. state of Washington. It is named after the Snohomish tribe. Since 2000, the county's population has grown from 606,024 to 686,300 residents (2007 figures), making it one of the fastest-growing in the state, ranking third in overall . Cascade Bank operates 19 full service offices, located in Everett, Lynnwood, Marysville, Mukilteo, Smokey Point, Issaquah, Clearview, Woodinville, Lake Stevens, Bellevue, Snohomish and North Bend.

In August 2005, US Banker magazine ranked Cascade #67 out of the Top Publicly Traded Mid-Tier Banks, those with less than $10 billion in assets, based on three-year average return on equity. The same publication has named President and CEO Carol Nelson one of the 25 Most Powerful Women in Banking.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 4, 2006
Words:336
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