# STERLING SAVINGS BANK
SPOKANE, WA · FDIC certificate 32158 · asset band $10-100B · latest filing 2014-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $10.21B | |
| Deposits | $7.07B | |
| Loans and leases | $7.64B | |
| Total equity | $1.39B | |
| Loans / deposits | 106.12% (p82 of band) | 87.54% |
| Liquid assets / assets | 18.24% (p28 of band) | |
| Uninsured deposits / deposits | 25.60% (p45 of band) | 29.02% |
| Brokered deposits | 3.45% | |
| Wholesale funding | 19.02% (p74 of band) | |
| FHLB advances / assets | 9.56% | |
| Tier 1 leverage | 11.19% (p73 of band) | 9.78% |
| Unrealized securities loss / equity | 0.56% (p75 of band) | -0.19% |
| AOCI / equity | 0.53% (p75 of band) | |
| ROA (annualized) | 0.56% (p14 of band) | 0.91% |
| Net interest margin | 3.77% (p77 of band) | 3.25% |
| Efficiency ratio | 78.16% (p99 of band) | |
| Noncurrent loans | 1.05% (p50 of band) | 1.05% |
| Net charge-offs (annualized) | 0.05% (p30 of band) | |
| Reserve coverage of noncurrent | 169.81% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 13.98% (p52 of band) | |
| Auto loans | $228.4M (2.99% of loans; DQ 0.64%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p22 of band) | |
| Deposits YoY | 8.3% | |
| Employees | 2443 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **capital falling** (`cap_falling`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 1 |  | wholesale funding >15% |
| 2012-12 | 3 | loans exceed deposits, wholesale funding >15%, uninsured deposits leaving | reserve under noncurrent |
| 2013-03 | 2 | deposits shrinking | wholesale funding >15%, uninsured deposits leaving |
| 2013-06 | 2 | wholesale funding >15% | deposits shrinking |
| 2013-09 | 3 | capital falling |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 4 | expense ratio p90 |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2010-01-11 [Employees file lawsuit against Sterling Financial Corporation for pension plan losses - Hagens Berman](https://news.google.com/rss/articles/CBMi5gFBVV95cUxOcHFiekltdHdJZFYxWWlGTWExa2xMOTcxZ2lYcldHa2lCXzRLb2xieTJ1QmY3UjF3NE85aWVkU0h4dUZDSnVhLTVDXzJHVmF1WWx4dURVOGpYSTRCc09fa2Z1ZWp6dTc2M21YXzVPRWZOTFFEeG9DZjN6YWFOTWJqRHNVRGd5bmM5UlBVVHNmZTc5em1HdDNzaE9odFZvRlpSMnE1VWZrN0RqbEVpUl8tWlRad3F3WGxuZ0tnX1lyNXpZYVZFalpqSjJETzhBNXFFTFJDR3ZRalg2VEhCSzBCazJIYWxYdw?oc=5) · Hagens Berman
- 2009-10-16 [Sterling Savings Bank … more to the story - The Spokesman-Review](https://news.google.com/rss/articles/CBMihgFBVV95cUxQNHZvcXdEcHAxNmxpX1JwbHhxdVBCWml3djhJN25NSl9ReXhZZGNhbVg0VndqUzRLZENCcUdyQmdzMDZQeEU3Tm10UzlYUkdnOXBpNVdaejViTzRIQ3AwUlMxY21TbTNfNjJZSk9FVXZzWlh6TnY4LVA5YVpLbkplQW5ibjlBUQ?oc=5) · The Spokesman-Review
- 2024-03-28 [Meet & Greet: Tim Cassels, Chief Financial Officer, State Bank Northwest - Spokane Journal of Business](https://news.google.com/rss/articles/CBMivgFBVV95cUxNb2FuMUNfS3QxbFdpNURMaG1hMFBuVzQzMkZGUzY3VGI1bjRkUkR0enVEeHphMEJGVklTMUZlTHRCcUhxLXNkWTFMOGdNeEw1UWE1SERycXJfTE5rVS1aYlV0bXZDREtTeVNlTHFERFFQbDltaDNOZXJqNFFwTmJPMy01aFBPLXh4cDRNZ3NPelhON19qZ0JXTUJVR19YNWc3RWVWdFFSUGhCaXRyblJGUlpNemMxbklCRWRkMDJ3?oc=5) · Spokane Journal of Business
- 2007-03-16 [USDOJ: US Attorney's Office - WAW - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMidkFVX3lxTFBMZEREY1JEaFJvWHZWNUJldEpoMkJxQUVDcTQ3VV8tWFdCdWFQVmxKVkRTWnZoWllMV0wySE0tZ0FfdmZuQWZEZlRRYTN1Rnd6MlhIUk5rUUx0V3VNRGhDTF9VdWV3aE5FX1phcXh5NDRBNGY0Smc?oc=5) · Department of Justice (.gov)
- 2006-07-09 [Community assets - The Spokesman-Review](https://news.google.com/rss/articles/CBMicEFVX3lxTE44Sk5BRERQSTlQbThhNnd5UG1hUVhWdHNaSVFQZ1FUMkJhUjdsajNWbkJnWC0zaGN0RXdRX2FMNU80TEw5bzBuU3hUZXhKSHoxalY5WHJEV3VocVB5dElxclFNa3p4Mm00OWlYZFJfbTA?oc=5) · The Spokesman-Review
- 2024-05-28 [Daniel Pingel Obituary Oct 13, 2012 - Altogether Funeral](https://news.google.com/rss/articles/CBMivwFBVV95cUxOc2hTZGtrVFc2NjdpQjBCSDcxRVRmNzBYWnFpMkNnNVBOY2lzeDhuVk9nOTVmTzZzSDdhSFhFcDdLbmVjeHNQbkxTc0ZkREJDZjloMDdvTzZLNzI2LVNPU1FJWVRjRHdpNEQxdE50NzZPZ0R0NVpRV0ppbXN1UmN2S0U1dG8yVS1OdDdUTXR0QzRtUlhWRm1VZldqekNLRGV4dXcxMlZfVjNEOXVQR1ZiclBFVUItekZZczdoemt0Yw?oc=5) · Altogether Funeral
- 2005-07-04 [Oakville celebrates last horseback bank robbery - The Daily Chronicle](https://news.google.com/rss/articles/CBMikgFBVV95cUxQUEExM0pLRTFGdGJGUEluMHNKeHB1X0JXajdqQXF1bUdmclJTa1libjhpTThSY2w5MXI2dkdHMV9QQmFvSklUa3lFXzJMdnNobjN0SWRWdVpjSlZUR2swTWZST1NTQk9EUWlUM2VuZjlWMTdkajNYTFRfb2dnSFZKZ2V0d3RIa01aWnp0Rjh2LWcxQQ?oc=5) · The Daily Chronicle
- 2013-09-25 [Frances Bentley Obituary - Cle Elum, WA - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxQSDRLZjFJM0hGWHhHVkJMajY3bEJGYXZKRVl5SmZVdzNVZzZKclBKT1I5X044NGNoWWxhakZKWmxVZEhTc3dFTHgzOUZhT01DUUpqOFgwNjdpeGtnYkM4bndWX2RLR1RQLWNNUzRlS1p5a1hYcmxSc1BpbGVEbThabEVtT0U?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=32158 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/30.json (key "32158", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide