Sterling Financial Corp

Spokane, Wash. | See all recipients in Washington
Revenue to Gov't
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
04/19/2013 Proceeds $860,796 CPP
Proceeds - Common Stock
09/19/2012 Warrant $825,000 CPP
Warrant Proceeds
08/14/2012 Refund $113,338,081 CPP
Partial Repayment
On 8/20/2012, Treasury completed the sale of 5,738,637 split adjusted shares of Sterling Financial Corporation common stock at $20.00 per share (less underwriting discounts) for net proceeds of $113,338,080.75, pursuant to an underwriting agreement executed on 8/14/2012.
05/31/2009 Dividend $6,733,333 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
12/05/2008 Purchase $303,000,000 CPP
Purchase - Preferred Stock w/ Warrants
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