Capital Offerings Profile
Company NameSterling Financial Corporation
Offering TypePrivate Placement - Preferred Stock
DescriptionSeries D convertible participating voting preferred stock, no par value
Currency of IssueUSD
Announcement Date5/3/2010
Completion Date8/26/2010
Mandatory Redemption?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds of this offering will be used for general corporate purposes, which is expected to include the pay down of in liabilities and may include the funding of potential acquisitions.

Offer Price ($)92.00
Gross Amount Offered ($000)357,116
Amount Including Overallotment ($000)357,116
Shares Offered3,881,700
Total Shares Offered3,881,700

UnderwritersShares UnderwrittenAmount Underwritten($000)
Placement Agent(s)
  B. Riley FBR, Inc.--
  Barclays Capital Inc.--
  Sandler O'Neill & Partners, L.P.--

Issuer's CounselDavis Polk & Wardwell, LLP

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