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STSA > SEC Filings for STSA > Form 8-K on 30-Nov-2012All Recent SEC Filings

Show all filings for STERLING FINANCIAL CORP /WA/



Other Events

Item 8.01 Other Events.

On November 30, 2012 Sterling Financial Corporation's principal operating subsidiary Sterling Savings Bank ("Sterling Bank") completed the sale of its Montana operations to Eagle Bancorp Montana, Inc. ("Eagle") and its wholly owned subsidiary American Federal Savings Bank.

Under the terms of the agreement, Eagle paid Sterling Bank a premium of approximately $7.0 million to acquire approximately $180.9 million of deposits and $41.3 million of performing loans and certain other assets and liabilities.

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