In reporting a $12.6 million third-quarter loss, Cascade Bancorp of Bend, Ore., also announced it has a second regulatory order — and a private-equity firm willing to give it an infusion.

The $2.27 billion-asset Cascade announced Thursday after the market closed that a fund managed by Donald Marron's Lightyear Capital had agreed to invest $40 million in the company. That agreement, in turn, allowed Cascade to finally strike a deal with David F. Bolger, its largest shareholder. For six months, Bolger had discussed investing $25 million in Cascade, provided it line up additional capital.

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