Latest from The Spokesman-Review

• Sterling posts $39 million profit

  January 26, 2012 in City on Page A8 Sterling Financial Corp. earned a $39.1 million profit in 2011, continuing its turnaround from near-collapse during the height of the nation’s financial crisis. According to financial reports released Wednesday, Sterling’s … 2

• Sterling posts profit for 4th quarter and full year

  January 25, 2012 in Business Spokane-based Sterling Financial Corp. reported dramatically improved results for the fourth quarter and full fiscal year after the close of trading today. 4

• Robbery at bank puts schools on lockdown

  December 3, 2010 in City on Page A10 Spokane Valley police are investigating a robbery at an East Sprague Avenue bank Thursday that locked down two nearby schools. At 2:26 p.m., a man walked in the west door … 1

• Regulators lift order placed on Sterling Savings Bank

  September 28, 2010 in Business on Page A8 State and federal regulators have lifted the cease-and-desist order placed on Sterling Savings Bank nearly one year ago. Sterling Financial Corp., the bank holding company, said Monday the move reflects …

• Regulators lift cease-and-desist order on Sterling

  September 27, 2010 in Business State and federal regulators have lifted the cease-and-desist order placed on Sterling Savings Bank nearly one year ago.

• Bert Caldwell: Costs high, benefits higher in saving Sterling

  September 5, 2010 in Business on Page E1 The successful recapitalization of Sterling Financial Corp. may well be the best economic news of 2010 for Spokane. Thanks in part to that “bailout” we all say we hate. 4

• Boston equity firm invests $134.7 million in Sterling

  April 28, 2010 in Business on Page A1 Thomas H. Lee Partners, a Boston private equity firm, will invest $134.7 million in struggling Sterling Financial Corp. as part of the Spokane bank-holding company’s ongoing effort to raise enough … 1

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  Sterling announces new investor, quarterly loss

  April 27, 2010 in Business Sterling Financial Corp. said today a Boston-based private equity firm would invest $135 million in the struggling Spokane banking company. Sterling also announced a loss of $88.8 million, or $1.71 … 1

• Sterling stock rockets

  April 23, 2010 in Business Shares of Sterling Financial Corp. climbed more than 65 percent today on trading volume 15 times normal. 2

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  Feds offer Sterling a break to help it stay in business

  March 16, 2010 in Business The U.S. government is giving Sterling Financial Corp. a break on the $303 million the Spokane bank-holding company owes it in an effort to help Sterling attract new investors and … 10

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  Local economy didn’t escape the downturn

  December 27, 2009 in Business on Page E1 The economy cast a long shadow over everything in 2009. The recession and efforts at recovery set the scene for top business news in the Inland Northwest, from the shaky …

• Sterlings’ new execs say situation “manageable”

  October 15, 2009 in Business, City A day after Sterling Financial Corp.’s longtime leaders were ousted, the company’s new executives say they’re confident subsidiary Sterling Savings Bank can raise $300 million and meet other demands contained … 8

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  A time to save

  September 27, 2009 in Business on Page E1 More Americans are trying to save money as they contend with the recession, and Spokane residents are no different. But officials at local financial institutions, social service and counseling agencies …

• Road still bumpy for area banks, leader says

  September 17, 2009 in Business on Page A1 Five Eastern Washington banks serving Spokane have lost nearly $750 million since 2007, and bad loans will keep the pressure on the banks for the foreseeable future, the president of … 1

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  Heating up the home market

  April 4, 2009 in Business on Page A1 Sterling Savings Bank and Banner Bank are offering mortgages at interest rates below 4 percent in a pair of programs designed to help their contractor customers move unoccupied homes – …

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  Banks offer mortgage deals on unoccupied homes

  April 3, 2009 in City Sterling Savings Bank and Banner Bank are offering mortgages at interest rates below 4 percent in a pair of programs designed to help their contractor customers move unoccupied homes – … 1