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Sterling Financial Corporation Names California Regional Presidents

  Sterling Financial Corporation Names California Regional Presidents

 Gilbert Dalmau Joins to Lead Southern California; Jamie Williams Promoted to
                           Head Northern California

Business Wire

SPOKANE, Wash. -- June 11, 2013

Sterling Financial Corporation (NASDAQ:STSA), whose subsidiary does business
as Sonoma Bank and Borrego Springs Bank in California, has hired Gilbert
Dalmau as Southern California market president and promoted Jamie Williams to
Northern California market president. With more than 30 years in the industry
each, the banking veterans will guide the strategic direction of Sterling’s
California locations, focusing on growing and strengthening the brand in their
regions.

“Gil and Jamie each bring unique capabilities and expertise to the bank,” said
Greg Seibly, CEO of Sterling. “We are confident that they will provide
Sterling’s California markets with the experience, vision and leadership
needed to build and maintain a strong regional presence.”

Added David DePillo, vice chairman and chief lending officer of Sterling,
“Creating strong teams within the bank and nurturing solid relationships
within their communities, Gil and Jamie are natural choices to take the helm
of their respective regions.”

Until recently, Dalmau served as executive vice president and chief banking
officer for First California Bank. He was responsible for all commercial
banking, retail banking and special lending groups, representing approximately
$1.1 billion in total loan commitments. Previously, Dalmau founded Americas
United Bank, the first Latino-owned bank to be formed in California in more
than 30 years. He also served as president for the Southern California region
of First Bank & Trust and held other roles at Sanwa Bank California and
Security Pacific National Bank. Dalmau has served on the boards of several
banks and the Los Angeles Economic Development Corporation, and he has been
involved with organizations like March of Dimes, United Way and Junior
Achievement. He earned a bachelor’s degree in business administration and
accounting from California State University Northridge.

Williams joined Sterling’s operating company Sonoma Bank in 2010 as senior
vice president and commercial banking regional director. Since joining the
bank, Williams has focused on building strong commercial relationships in the
San Francisco Bay area and developing stronger commercial banking teams.
Previously, Williams was market president of Tamalpais Bank in Marin, where he
moved the bank toward a commercial orientation until it was sold to Union
Bank. In addition, Williams was a founder of Greater Bay Bank Marin, and he
includes tenures with Wells Fargo, Union Bank and Westamerica among his
experience. A native of Marin County, Williams is a graduate of Santa Clara
University, where he earned a bachelor’s degree in economics. He has served on
numerous non-profit boards in Marin County.

About Sterling Financial Corporation

Sterling Financial Corporation (NASDAQ:STSA) of Spokane, Washington, is the
bank holding company for Sterling Savings Bank, a Washington state chartered
and federally insured commercial bank. Sterling Savings Bank does business as
Sterling Bank and, in California, as Sonoma Bank and Borrego Springs Bank.
Sterling offers banking products and services, mortgage lending, and trust and
investment products to individuals, small businesses, corporations and other
commercial organizations. As of March 31, 2013, Sterling had assets of $9.26
billion and operated depository branches in Washington, Oregon, Idaho and
California. Visit Sterling’s website at www.bankwithsterling.com.

Contact:

Sterling Financial Corporation
Media Contact:
Cara L. Coon, 509-626-5348
cara.coon@bankwithsterling.com
or
Investor Contact:
Pat Rusnak, patrick.rusnak@bankwithsterling.com
 
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