Vitals
  • Total Assets
    10.2B 10.2 %
  • Total Deposits
    7.1B 8.3 %
  • Total Net Loans
    7.5B 13.2 %
  • Net Income
    14.3M -42.5 %
  • Book Value
    1.4B -3.0 %
  • Book Value x2
    2.8B -3.0 %
  • Book Value x3
    4.2B -3.0 %
ROAA

.566

ROAE

4.08

Efficiency Ratio

78.739

Net Interest Margin

3.767

Balance Sheet Highlights
Financial Highlights Sterling Savings Bank All Insured Commercial Banks in Washington
Balance Sheet $(000)
Total Assets 10,214,194 767,119
Total Net Loans 7,500,016 506,712
Total Deposits 7,067,448 652,636
Total Equity 1,393,573 91,460
Profitability
Net Income 14,288 1,587
Return on Average Assets .566 .528
Return on Average Equity 4.08 4.343
Net Interest Margin 3.767 3.889
Efficiency Ratio 78.739 78.033
Noninterest Income/Revenue 15.218 15.856
Balance Sheet Ratios
Loan-to-Deposit 106.121 78.245
Securities/Assets .136 .177
Total Equity/Total Assets .136 .119
Tangible Equity/Tangible Assets .124 .112
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 1,100,641 77,266
Tier 2 Capital 96,134 6,716
Total Capital 1,196,775 83,978
Total Risk Weighted Assets 7,639,979 566,856
Leverage Ratio 11.19 10.4
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 14.41 14.677
Total Capital Ratio 15.66 15.924

Timeline for Sterling Savings Bank

Umpqua Bank

Sterling Savings Bank was acquired by Umpqua Bank 10 years

View Profile Apr 19 2014

Commerce National Bank

Acquisition: Sterling Savings Bank acquired a new subsidiary, Commerce National Bank, 10 years

View Profile Oct 01 2013

Borrego Springs Bank, National Association

Acquisition: Sterling Savings Bank acquired a new subsidiary, Borrego Springs Bank, National Association, 11 years

View Profile Mar 01 2013

First Independent Bank

Acquisition: Sterling Savings Bank acquired a new subsidiary, First Independent Bank, 12 years

View Profile Mar 01 2012

Golf Savings Bank

Acquisition: Sterling Savings Bank acquired a new subsidiary, Golf Savings Bank, 13 years

View Profile Aug 03 2010

Want to see more?

Complete timeline for Sterling Savings Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Umpqua Bank Buyer 24,730,514 Acquisition Discontinued 4/19/2014
Commerce National Bank Seller 244,834 Acquisition Discontinued 10/1/2013
Borrego Springs Bank, National Association Seller 141,708 Acquisition Discontinued 3/1/2013
First Independent Bank Seller 780,348 Acquisition Discontinued 3/1/2012
Golf Savings Bank Seller 562,907 Pooling of Interests Discontinued 8/3/2010
Sonoma National Bank Seller 1,361,911 Acquisition Discontinued 3/1/2007
Firstbank Northwest Seller 881,317 Acquisition Discontinued 12/1/2006
Klamath First Federal Savings And Loan Association Seller 1,485,270 Discontinued 1/2/2004
Empire Bank Seller 224,484 Discontinued 3/1/2003
First Federal Savings And Loan Association Of Montana Seller 65,148 Discontinued 11/14/1998
Great American Federal Savings Association Seller 1,308,085 Failure 5/14/1994
Far West Federal Savings Bank Seller 343,445 Failure 4/16/1994
Central Evergreen Federal Savings And Loan Association Seller 225,350 Discontinued 1/1/1989
Tri-Cities Savings And Loan Association Seller 53,148 Discontinued 4/9/1988
Lewis Federal Savings And Loan Association Seller 51,877 Discontinued 11/5/1985
Lewis And Clark Savings And Loan Association Seller Discontinued 7/1/1983
Relationships Role Relationship Start Relationship End
Sterling Financial Corporation Parent 7/8/2005 4/18/2014
Intervest Investment Mortgage Company Subsidary 6/30/2007 4/18/2014
Evergreen Environmental Development Corporation Subsidary 7/31/2009 4/18/2014
Action Mortgage Company Subsidary 6/30/2007 1/1/2008
Evergreen First Service Corporation Subsidary 6/30/2007 1/1/2008
Fidelity Services Corporation Subsidary 6/30/2007 1/1/2008
Action Mortgage Company Subsidary 7/8/2005 6/29/2007
Intervest Investment Mortgage Company Subsidary 7/8/2005 6/29/2007
Evergreen First Service Corporation Subsidary 7/8/2005 6/29/2007
Fidelity Services Corporation Subsidary 7/8/2005 6/29/2007
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