Offsetting Assets and Liabilities (USD $)
In Thousands, unless otherwise specified

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Offsetting Assets and Liabilities [Abstract]

Derivative, Collateral, Right to Reclaim Securities

$ 0

$ 0

Offsetting Assets and Liabilities

Offsetting Assets and Liabilities:

Certain derivatives and repurchase agreements are subject to net settlement. Depending on the governing disclosure rules or elections made by management, amounts are presented gross or net on the balance sheet. The following summarizes Sterling's interest rate swaps and securities sold under repurchase agreements, all of which Sterling presents on a gross basis on its balance sheet:

							Pledged Collateral on Balance Sheet
	Amount Recognized		Amount Offset on Balance Sheet		Amount Presented on Balance Sheet		Securities		Cash		Net Position
December 31, 2013	(in thousands)
Assets
Interest rate swaps	$	508	$	0	$	508	$	0	$	0	$	508
Total	$	508	$	0	$	508	$	0	$	0	$	508
Liabilities
Securities sold under repurchase agreements	$	531,679	$	0	$	531,679	$	531,679	$	0	$	0
Interest rate swaps	516		0		516		0		516		0
Total	$	532,195	$	0	$	532,195	$	531,679	$	516	$	0
December 31, 2012
Assets
Interest rate swaps	$	2,148	$	0	$	2,148	$	0	$	0	$	2,148
Total	$	2,148	$	0	$	2,148	$	0	$	0	$	2,148
Liabilities
Securities sold under repurchase agreements	$	586,867	$	0	$	586,867	$	586,867	$	0	$	0
Interest rate swaps	2,144		0		2,144		0		2,144		0
Total	$	589,011	$	0	$	589,011	$	586,867	$	2,144	$	0

Sterling's cash, and investments and MBS included cash and securities pledged against its interest rate swap and securities sold under repurchase agreements liabilities.