Skip to main content

Originally published Thursday, January 24, 2013 at 5:28 PM

  • Share:
  • Comments (1)
  • Print

Sterling’s earnings climb

Most Popular Comments
Hide / Show comments
Keep up the good work! MORE


The Spokane parent company of Sterling Savings Bank reported fourth-quarter net income of $20.9 million, or 33 cents a share, up from $14.8 million, or 24 cents a share, in the same period a year ago.

Sterling Financial said it originated $561.7 million in new loans in the fourth quarter, 62 percent more than in the same period a year ago.

It also booked a net gain of $8.4 million from selling its Montana branches. The company’s nonperforming assets fell to 2.28 percent of total assets, down from 4 percent a year ago.

News where, when and how you want it

Email Icon

The Seattle Times photographs

Seattle space needle and mountains

Purchase The Seattle Times images

Career Center Blog

Career Center Blog

Looking for joy on the job