October 26, 2012 in City

Sterling Financial Corp.

Parent of Sterling Savings Bank
Stock symbol: STSA
Reporting period: 3Q

Profit of $30.6 million,

49 cents per share

Versus 3Q 2011: Profit of $11.3 million,

18 cents per share

Deposits: $6.74 billion
Assets: $9.42 billion
Analysis: Profits are up, nonperforming assets are down and foreclosed properties continue to be sold as the Spokane-based bank continues its turnaround.

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