Moss has served as CEO of the company and its subsidiary, Bank of the Cascades, since 1998 and has been with the bank since it was founded in 1977.
In a news release Wednesday Moss said that she is retiring because she wants to travel and spend more time with family. She said she gave the board a year's notice so that it would have sufficient time to find her replacement.
Chairman Gary Hoffman said in a statement that the board has already formed a search committee to help identify potential candidates.
Bank of the Cascades had been a strong performer under Moss for many years, but it was hit hard by the real estate crash and was running low on capital until it raised $177 million from private-equity investors late last year.
The company appears to have regained its footing. In the second quarter it earned $2 million, compared to a loss of $336,000 in the same period last year.
Cascade has $1.5 billion of assets and 32 branches in Oregon and Idaho.
























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