Segment Information

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information:

Sterling's operations are divided into two primary business segments that represent its core businesses:

• Community Banking - providing traditional banking services through the retail banking, private banking and commercial banking groups, including the originating and servicing of commercial real estate, owner occupied CRE and C&I loans.

• Home Loan Division - originating and selling residential real estate loans through its mortgage banking operations, on both a servicing-retained and servicing-released basis.

The Eliminations caption represents intercompany eliminations.

	As of and for the Three Months Ended June 30, 2013
	Community Banking		Home Loan Division		Other and Eliminations			Total
	(in thousands)
Interest income	$	86,699	$	7,318	$	0		$	94,017
Interest expense	12,142		0		1,461			13,603
Net interest income	74,557		7,318		(1,461		)	80,414
Provision for credit losses	0		0		0			0
Noninterest income	17,816		24,660		(473		)	42,003
Noninterest expense	55,906		26,338		(566		)	81,678
Income (loss) before income taxes	$	36,467	$	5,640	$	(1,368	)	$	40,739
Total assets	$	9,608,919	$	331,860	$	(1,206	)	$	9,939,573

	As of and for the Three Months Ended June 30, 2012
	Community Banking		Home Loan Division		Other and Eliminations			Total
	(in thousands)
Interest income	$	94,634	$	6,356	$	0		$	100,990
Interest expense	21,241		0		839			22,080
Net interest income	73,393		6,356		(839		)	78,910
Provision for credit losses	4,000		0		0			4,000
Noninterest income	18,597		25,940		204			44,741
Noninterest expense	68,127		20,150		(670		)	87,607
Income (loss) before income taxes	$	19,863	$	12,146	$	35		$	32,044
Total assets	$	9,593,152	$	5,720	$	641		$	9,599,513

	As of and for the Six Months Ended June 30, 2013
	Community Banking		Home Loan Division		Other and Eliminations			Total
	(in thousands)
Interest income	$	170,389	$	14,385	$	0		$	184,774
Interest expense	24,561		0		2,905			27,466
Net interest income	145,828		14,385		(2,905		)	157,308
Provision for credit losses	0		0		0			0
Noninterest income	39,001		41,033		(465		)	79,569
Noninterest expense	118,359		43,810		1,438			163,607
Income (loss) before income taxes	$	66,470	$	11,608	$	(4,808	)	$	73,270
Total assets	$	9,608,919	$	331,860	$	(1,206	)	$	9,939,573

	As of and for the Six Months Ended June 30, 2012
	Community Banking		Home Loan Division		Other and Eliminations			Total
	(in thousands)
Interest income	$	187,421	$	11,534	$	0		$	198,955
Interest expense	43,734		0		1,958			45,692
Net interest income	143,687		11,534		(1,958		)	153,263
Provision for credit losses	8,000		0		0			8,000
Noninterest income	37,775		38,701		(148		)	76,328
Noninterest expense	140,903		34,764		589			176,256
Income (loss) before income taxes	$	32,559	$	15,471	$	(2,695	)	$	45,335
Total assets	$	9,593,152	$	5,720	$	641		$	9,599,513