-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M3xJTVDCIVRNV9gaIK1AaDbsSwEAdXqLeh0JLP2kMmP2sVktNqgkw5tZTS2Zd9zE 4yAM0OVo0M5ZSW/KDwXmIw== 0000950117-98-000354.txt : 19980223 0000950117-98-000354.hdr.sgml : 19980223 ACCESSION NUMBER: 0000950117-98-000354 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980220 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STERLING FINANCIAL CORP /WA/ CENTRAL INDEX KEY: 0000891106 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 911572822 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-44103 FILM NUMBER: 98546094 BUSINESS ADDRESS: STREET 1: 111 N WALL ST CITY: SPOKANE STATE: WA ZIP: 99201 BUSINESS PHONE: 5094582711 MAIL ADDRESS: STREET 1: 111 NORTH WALL STREET CITY: SPOKANE STATE: WA ZIP: 99201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WESTPORT ASSET MANAGEMENT INC /ADV CENTRAL INDEX KEY: 0000748900 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 061087640 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 253 RIVERSIDE AVE CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 2032273601 FORMER COMPANY: FORMER CONFORMED NAME: WESTPORT ASSET MANAGEMENT INC /ADV DATE OF NAME CHANGE: 19970325 SC 13G/A 1 STERLING FINANCIAL CORP SC 13G, AM#1 OMB APPROVAL OMB No. 3235-0145 Expires September 30, 1988 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* Sterling Financial Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 859319105 - -------------------------------------------------------------------------------- (CUSIP Number) Check the following box if a fee is being paid with this statement [XX]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on following page(s)) Page 1 of 6 pages -- - ----------------------------- ----------------------- CUSIP NO. 859319105 13G PAGE 2 OF 6 PAGES ------------------ -- -- - ----------------------------- ----------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON WESTPORT ASSET MANAGEMENT INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION CONNECTICUT - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES ----------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 525,500 EACH ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 525,500 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 525,500 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.9% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IA - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 3 of 6 pages Item 1 (a) Name of Issuer: - ----------- ----------------- Sterling Financial Corporation Item 1 (b): Address of Issuer's Principal Executive Offices: - ----------- ------------------------------------------------ 111 North Wall Street Spokane, Washington 99201 Item 2 (a): Name of Person Filing: - ----------- ---------------------- WESTPORT ASSET MANAGEMENT, INC. Item 2 (b): Address of Principal Business Office: - ----------- ------------------------------------- 253 RIVERSIDE AVENUE WESTPORT, CT 06880 Item 2(c): Citizenship: - ---------- ------------ CONNECTICUT Item 2(d): Title of Class of Securities: - ---------- ----------------------------- COMMON STOCK Item 2 (e): CUSIP Number: - ----------- ------------- 859319105 Item 3. If this stated is filed pursuant to Rules - ------- ----------------------------------------- 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) ( ) Broker or Dealer registered under Section 15 of the Act (b) ( ) Bank as defined in Section 3(b)(6) of the Act
Page 4 of 6 pages (c) ( ) Insurance Company as defined in Section 3(a) (19) of the Act (d) ( ) Investment Company registered under Section 8 of the Investment Company Act (e) (X) Investment Adviser registered under Section 203 of the Investment Advisors Act of 1940 (f) ( ) Employee Benefit Plan, Pension Fund which is subject to the Provisions of the Employee Retire- ment Income Security Act of 1974 or Endowment Fund; seess.240.13d-1 (b)(1)(ii)(F) (g) ( ) Parent Holding Company, in accor- dance with ss.240.13d-1(b)(ii)(G) (Note: See Item 7) (h) ( ) Group in accordance with ss.240.13d-1 (b)(1)(ii)(H) Item 4. Ownership. - ------- ----------- (a) Amount Beneficially owned: 525,500 shares (b) Percent of Class: 6.9% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: (ii) shared power to vote or to direct the vote: 525,500 (iii) sole power to dispose or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: 525,500
Page 5 of 6 pages Item 5. Ownership of Five Percent or Less of a Class - ------- -------------------------------------------- If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ( ) Item 6. Ownership of More than Five Percent on Behalf of Another - ------- -------------------------------------------------------- Person: ------- A PORTION OF THE SHARES OF COMMON STOCK OF THE ISSUER REPORTED HEREBY, AMOUNTING IN THE AGGREGATE TO 6.9% OF SUCH SHARES OUTSTANDING, ARE HELD IN CERTAIN DISCRETIONARY MANAGED ACCOUNTS OF WESTPORT ASSET MANAGEMENT, INC.(THE "REPORTING PERSON"). THE REPORTING PERSON DISCLAIMS BENEFICIAL OWNERSHIP OF SUCH SHARES BENEFICIALLY OWNED BY SUCH PERSONS AND DISCLAIMS THE EXISTENCE OF A GROUP. Item 7. Identification and Classification of the Subsidiary - ------- Which acquired the Security Being Reported on By the Parent Holding Company. N/A Item 8. Identification and Classification of Members of - ------- the Group. N/A Item 9. Notice of Dissolution of Group. - ------- ------------------------------- N/A
Page 6 of 6 pages Item 10. Certification - -------- -------------- By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. Disclaimer ---------- The undersigned expressly declares that the filing of this Schedule 13G shall not be construed as an admission that such person is, for the purpose of Section 13(d) or 13(g) of the Securities Act of 1934, the beneficial owner of any securities covered by this statement. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date February 19, 1998 WESTPORT ASSET MANAGEMENT, INC. BY /s/ ANDREW J. KNUTH ANDREW J. KNUTH, CHAIRMAN
STATEMENT OF DIFFERENCES ------------------------ The section symbol shall be expressed as...........................'SS' -----END PRIVACY-ENHANCED MESSAGE-----