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Press release from Business Wire

Sterling Financial Corporation Names California Regional Presidents

<p class='bwalignc'> <b>Gilbert Dalmau Joins to Lead Southern California; Jamie Williams Promoted to Head Northern California</b> </p>

Tuesday, June 11, 2013

Sterling Financial Corporation Names California Regional Presidents

09:00 EDT Tuesday, June 11, 2013

SPOKANE, Wash. (Business Wire) -- 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

Sterling Financial Corporation
Media Contact:
Cara L. Coon, 509-626-5348
Investor Contact:
Pat Rusnak,

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