EXHIBIT 21.1

SUBSIDIARIES OF STERLING

Subsidiaries of Sterling Financial Corporation

Golf Escrow Corporation
Golf Savings Bank
Klamath First Capital Trust I
Klamath First Capital Trust II
Lynnwood Financial Statutory Trust I
Lynnwood Financial Statutory Trust II
Sterling Capital Trust II
Sterling Capital Trust III
Sterling Capital Trust IV
Sterling Capital Statutory Trust V
Sterling Capital Trust VI
Sterling Capital Trust VII
Sterling Capital Trust VIII
Sterling Savings Bank
Tri-Cities Mortgage Corporation

Subsidiaries of Sterling Savings Bank

Action Mortgage Company
The Dime Service Corporation
Evergreen Environmental Development Corporation
Evergreen First Service Corporation

Harbor Financial Services, Inc. (a subsidiary of Evergreen First Service Corporation)

Fidelity Service Corporation
INTERVEST-Mortgage Investment Company

Mason-McDuffie Financial Corporation (a subsidiary of INTERVEST-Mortgage Investment Company)

Source Capital Corporation

Peter W. Wong Associates, Inc. (a subsidiary of Source Capital Corporation)
Source Capital Leasing Corporation (a subsidiary of Source Capital Corporation)