36:
286:
269:
252:
235:
99:
552:
562:
763:
783:
683:
768:
701:
665:
740:
788:
421:
order from regulators and initiated executive changes. In 2010, the company raised $ 730 million in capital to avoid being shut down by regulators.
407:
497:
793:
778:
720:
773:
798:
71:
624:
46:
435:
In 2012, the company changed the name of its bank from
Sterling Savings Bank to Sterling Bank and laid off 6% of its workforce.
725:
650:
629:
608:
536:
516:
403:
85:
684:"Sterling Financial Corporation Completes Acquisition of Seattle-area Operations of Boston Private Bank & Trust Company"
645:
582:
469:
411:
322:
455:
351:
217:
164:
493:
399:
for $ 196 million in cash and stock, but the merger was cancelled after failing to win regulatory approval.
441:
In May 2013, the company acquired the
Seattle-area operations of Boston Private Bank & Trust Company.
422:
531:
603:
511:
396:
343:
347:
174:
362:
587:
418:
358:
278:
426:
757:
744:
705:
687:
669:
17:
666:"Sterling Financial Corporation Completes Acquisition of American Heritage Holdings"
438:
In March 2013, the company acquired
American Heritage Holdings for $ 6.5 million.
444:
In
October 2013, the company acquired Commerce National Bank for $ 42.9 million.
741:"Umpqua Holdings Corporation and Sterling Financial Corporation Complete Merger"
702:"Sterling Financial Corporation Completes Acquisition of Commerce National Bank"
448:
604:"Sterling Financial slapped with cease-and-desist order; ousts top executives"
370:
310:
304:
244:
98:
208:
557:
389:
432:
In 2011, the company acquired
Vancouver-based First Independent Bank.
366:
374:
261:
109:
222:
213:
29:
494:"Sterling Financial Corporation 2013 Form 10-K Annual Report"
553:"North Valley ends merger agreement with Sterling Financial"
45:
may be in need of reorganization to comply with
Knowledge's
406:, the company received a $ 303 million investment by the
458:
acquired the company for $ 2 billion in cash and stock.
53:
583:"Sterling Financial raises $ 730 million in capital"
317:
303:
293:
276:
259:
242:
229:
200:
190:
180:
170:
159:
141:
133:
115:
105:
721:"Banner Bank buying 6 Oregon banks from Sterling"
447:In February 2014, the company sold 6 branches to
388:In 1998, the company acquired 33 branches from
646:"Sterling Savings Bank lays off 6% of workers"
56:to make improvements to the overall structure.
8:
625:"Sterling to acquire First Independent Bank"
429:each acquired a 22.6% stake in the company.
91:
385:The company commenced operations in 1983.
97:
90:
764:1983 establishments in Washington (state)
576:
574:
572:
84:For other banks named Sterling Bank, see
72:Learn how and when to remove this message
512:"Spokane bank acquires KeyBank branches"
417:In October 2009, the company received a
408:United States Department of the Treasury
784:Companies formerly listed on the Nasdaq
498:U.S. Securities and Exchange Commission
482:
395:In 2007, the company agreed to acquire
350:. In 2014, the company was acquired by
769:American companies established in 1983
532:"North Valley Bancorp cancels merger"
488:
486:
196:Washington, Oregon, California, Idaho
7:
551:Basu, Aniruddha (December 3, 2007).
644:Kish, Matthew (February 21, 2012).
602:Grind, Kirsten (October 15, 2009).
789:Defunct banks of the United States
623:Kish, Matthew (November 7, 2011).
25:
719:Miller, Ben (February 20, 2014).
581:Bhatt, Sanjay (August 20, 2010).
470:Last archive of official website
323:Last archive of official website
285:
284:
268:
267:
251:
250:
234:
233:
34:
726:American City Business Journals
651:American City Business Journals
630:American City Business Journals
609:American City Business Journals
537:American City Business Journals
517:American City Business Journals
331:Footnotes / references
186:173 (prior to 2014 acquisition)
340:Sterling Financial Corporation
92:Sterling Financial Corporation
86:Sterling Bank (disambiguation)
1:
794:2014 mergers and acquisitions
412:Troubled Asset Relief Program
779:Banks disestablished in 2014
456:Umpqua Holdings Corporation
352:Umpqua Holdings Corporation
165:Umpqua Holdings Corporation
121:; 41 years ago
815:
404:2007–2008 financial crisis
313:Argent Bank in California)
83:
774:Banks established in 1983
329:
96:
799:Warburg Pincus companies
309:Stirling Savings Bank (
272:$ 10.319 billion (2013)
423:Thomas H. Lee Partners
357:The bank operated 173
289:$ 1.215 billion (2013)
255:$ 0.093 billion (2013)
238:$ 0.379 billion (2013)
147:; 10 years ago
565:on November 13, 2017.
18:Sterling Savings Bank
397:North Valley Bancorp
344:bank holding company
27:Former American bank
540:. December 3, 2007.
454:On April 18, 2014,
348:Spokane, Washington
295:Number of employees
221:Patrick J. Rusnak,
212:J. Gregory Seibly,
182:Number of locations
175:Spokane, Washington
145:April 18, 2014
93:
54:editing the article
708:. October 2, 2013.
207:Leslie S. Biller,
747:. April 18, 2014.
743:(Press release).
704:(Press release).
686:(Press release).
668:(Press release).
588:The Seattle Times
346:headquartered in
337:
336:
82:
81:
74:
47:layout guidelines
16:(Redirected from
806:
749:
748:
737:
731:
730:
716:
710:
709:
698:
692:
691:
680:
674:
673:
672:. March 1, 2013.
662:
656:
655:
641:
635:
634:
620:
614:
613:
599:
593:
592:
578:
567:
566:
561:. Archived from
548:
542:
541:
528:
522:
521:
520:. June 16, 1998.
508:
502:
501:
490:
473:
472:
419:cease and desist
325:
288:
287:
281:
271:
270:
264:
254:
253:
237:
236:
225:
155:
153:
148:
129:
127:
122:
101:
94:
77:
70:
66:
63:
57:
38:
37:
30:
21:
814:
813:
809:
808:
807:
805:
804:
803:
754:
753:
752:
739:
738:
734:
718:
717:
713:
700:
699:
695:
690:. May 13, 2013.
682:
681:
677:
664:
663:
659:
643:
642:
638:
622:
621:
617:
601:
600:
596:
580:
579:
570:
550:
549:
545:
530:
529:
525:
510:
509:
505:
492:
491:
484:
480:
468:
467:
464:
410:as part of the
383:
333:
321:
296:
277:
260:
247:
220:
211:
206:
203:
193:
183:
151:
149:
146:
125:
123:
120:
89:
78:
67:
61:
58:
52:Please help by
51:
39:
35:
28:
23:
22:
15:
12:
11:
5:
812:
810:
802:
801:
796:
791:
786:
781:
776:
771:
766:
756:
755:
751:
750:
732:
711:
693:
675:
657:
636:
615:
594:
568:
543:
523:
503:
481:
479:
476:
475:
474:
463:
462:External links
460:
427:Warburg Pincus
382:
379:
335:
334:
327:
326:
319:
315:
314:
307:
301:
300:
297:
294:
291:
290:
282:
274:
273:
265:
257:
256:
248:
243:
240:
239:
231:
227:
226:
204:
201:
198:
197:
194:
191:
188:
187:
184:
181:
178:
177:
172:
168:
167:
161:
157:
156:
143:
139:
138:
135:
131:
130:
117:
113:
112:
107:
103:
102:
80:
79:
42:
40:
33:
26:
24:
14:
13:
10:
9:
6:
4:
3:
2:
811:
800:
797:
795:
792:
790:
787:
785:
782:
780:
777:
775:
772:
770:
767:
765:
762:
761:
759:
746:
745:Business Wire
742:
736:
733:
728:
727:
722:
715:
712:
707:
706:Business Wire
703:
697:
694:
689:
688:Business Wire
685:
679:
676:
671:
670:Business Wire
667:
661:
658:
653:
652:
647:
640:
637:
632:
631:
626:
619:
616:
611:
610:
605:
598:
595:
590:
589:
584:
577:
575:
573:
569:
564:
560:
559:
554:
547:
544:
539:
538:
533:
527:
524:
519:
518:
513:
507:
504:
499:
495:
489:
487:
483:
477:
471:
466:
465:
461:
459:
457:
452:
450:
445:
442:
439:
436:
433:
430:
428:
424:
420:
415:
413:
409:
405:
400:
398:
393:
391:
386:
380:
378:
376:
372:
368:
364:
360:
355:
353:
349:
345:
341:
332:
328:
324:
320:
316:
312:
308:
306:
302:
298:
292:
283:
280:
275:
266:
263:
258:
249:
246:
241:
232:
228:
224:
219:
215:
210:
205:
199:
195:
189:
185:
179:
176:
173:
169:
166:
162:
158:
144:
140:
137:Harold Gilkey
136:
132:
118:
114:
111:
108:
104:
100:
95:
87:
76:
73:
65:
55:
49:
48:
43:This article
41:
32:
31:
19:
735:
724:
714:
696:
678:
660:
649:
639:
628:
618:
607:
597:
586:
563:the original
556:
546:
535:
526:
515:
506:
453:
446:
443:
440:
437:
434:
431:
416:
401:
394:
387:
384:
356:
339:
338:
330:
305:Subsidiaries
279:Total equity
262:Total assets
192:Areas served
171:Headquarters
163:Acquired by
68:
59:
44:
449:Banner Bank
402:During the
758:Categories
478:References
371:California
363:Washington
245:Net income
202:Key people
152:2014-04-18
62:April 2020
218:President
359:branches
209:Chairman
106:Industry
558:Reuters
390:KeyCorp
381:History
318:Website
230:Revenue
150: (
142:Defunct
134:Founder
124: (
116:Founded
110:Banking
367:Oregon
342:was a
311:d.b.a.
216:&
375:Idaho
299:2,547
425:and
160:Fate
126:1983
119:1983
361:in
223:CFO
214:CEO
760::
723:.
648:.
627:.
606:.
585:.
571:^
555:.
534:.
514:.
496:.
485:^
451:.
414:.
392:.
377:.
373:,
369:,
365:,
354:.
729:.
654:.
633:.
612:.
591:.
500:.
154:)
128:)
88:.
75:)
69:(
64:)
60:(
50:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
