Common use of Financial Statements and Regulatory Reports Clause in Contracts

Financial Statements and Regulatory Reports. (a) The Company (i) has delivered to Sterling copies of the audited consolidated balance sheets and the related audited consolidated statements of income, shareholders’ equity and cash flows (including related notes and schedules) of the Company and its consolidated Subsidiaries as of and for the periods ended December 31, 2005 and December 31, 2004, and of the unaudited balance sheet and the related unaudited statement of income, as of and for the three (3) months ended March 31, 2006 (the “Company Financial Statements”), and (ii) has furnished Sterling with a true and complete copy of each material report filed by the Company with the Federal Reserve Board or by any of its Subsidiaries with any Regulatory Authorities from and after January 1, 2001 (each a “Regulatory Reporting Document”), which are all the material documents that the Company or any of its Subsidiaries was required to file with the Regulatory Authorities since such date and all of which complied when filed in all material respects with all applicable laws and regulations.

Financial Statements and Regulatory Reports. (a) The Company Bank (i) has delivered to Sterling copies of the audited consolidated balance sheets and the related audited consolidated statements of income, shareholders’ equity and cash flows (including related notes and schedules) of the Company Bank and its consolidated Subsidiaries as of and for the periods ended December 31, 2005 and December 31, 2004, and of the unaudited balance sheet and the related unaudited statement of income, as of and for the three (3) months ended March 31September 30, 2006 (the “Company Bank Financial Statements”), and (ii) has furnished Sterling with a true and complete copy of each material report filed by the Company Bank with the Federal Reserve Board or by any of its Subsidiaries with any Regulatory Authorities from and after January 1November 20, 2001 2003 (each a “Regulatory Reporting Document”), which are all the material documents that the Company Bank or any of its Subsidiaries was required to file with the Regulatory Authorities since such date and all of which complied when filed in all material respects with all applicable laws and regulations.

Financial Statements and Regulatory Reports. (a) The Company (i) has delivered to Sterling copies of the audited consolidated balance sheets and the related audited consolidated statements of income, shareholders’ equity and cash flows (including related notes and schedules) of the Company and its consolidated Subsidiaries as of and for the periods ended December 31, 2005 2004 and December 31, 20042003, together with the report thereof and of the unaudited balance sheet and the related unaudited statement of income, as of and for the three (3) months ended March 31, 2006 2005 (the “Company Financial Statements”), and (ii) has furnished Sterling with a true and complete copy of each material report filed by the Company with the Federal Reserve Board or by any of its Subsidiaries with any Regulatory Authorities from and after January 1, 2001 2000 (each a “Regulatory Reporting Document”), which are all the material documents that the Company or any of its Subsidiaries was required to file with the Regulatory Authorities since such date and all of which complied when filed in all material respects with all applicable laws and regulations.

Financial Statements and Regulatory Reports. (a) The Company (i) has delivered to Sterling copies of the audited consolidated balance sheets and the related audited consolidated statements of income, shareholders’ ' equity and cash flows (including related notes and schedules) of the Company and its consolidated Subsidiaries as of and for the periods ended December 31, 2005 1999 and December 31, 20042000, together with the report thereof of March 13, 2001 and of the unaudited balance sheet and the related unaudited statement of income, as of and for the three six (36) months ended March 31June 30, 2006 2001 (the “"Company Financial Statements”"), and (ii) has furnished Sterling with a true and complete copy of each material report filed by the Company with the Federal Reserve Board or by any of its Subsidiaries with any Regulatory Authorities from and after January 1, 2001 1997 (each a “"Regulatory Reporting Document”"), which are all the material documents that the Company or any of its Subsidiaries was required to file with the Regulatory Authorities since such date and all of which complied when filed in all material respects with all applicable laws and regulations.

Financial Statements and Regulatory Reports. (a) The Company (i) has delivered to Sterling copies of the audited unaudited consolidated balance sheets and the related audited unaudited consolidated statements of income, shareholders’ ' equity and cash flows (including related notes and schedules) of the Company and its consolidated Subsidiaries as of and for the periods ended December 31, 2005 2002 and December 31, 20042001, together with the report thereof of June 30, 2003 and of the unaudited balance sheet and the related unaudited statement of income, as of and for the three six (36) months ended March 31June 30, 2006 2003 (the “"Company Financial Statements”"), and (ii) has furnished Sterling with a true and complete copy of each material report filed by the Company with the Federal Reserve Board or by any of its Subsidiaries with any Regulatory Authorities from and after January 1, 2001 1998 (each a “"Regulatory Reporting Document”"), which are all the material documents that the Company or any of its Subsidiaries was required to file with the Regulatory Authorities since such date and all of which complied when filed in all material respects with all applicable laws and regulations.