SIERRA BANCORP
For the period ended Sep 30, 2025. Filed Oct 31, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 31, 2025
BSRR$42.14+0.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2025, and 2024
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three months ended September 30, · · Nine months ended September 30, | ||||||||||||
| · 2025 · 2024 · · 2025 · · 2024 | ||||||||||||
| Net income | | $9,699 | | $10,603 | | $29,433 | | $30,196 | ||||
| Other comprehensive income, net of tax: | | | | | | | | | | | | |
| Unrealized gain on securities: | | | | | | | | | | | | |
| Unrealized holding gain arising during period | | | 4,963 | | | 3,124 | | | 8,773 | | | 7,704 |
| Less: reclassification adjustment for (gains) losses included in net income (1) | | | — | | | (73) | | | (124) | | | 2,810 |
| Tax effect | | | (1,468) | | | (903) | | | (2,557) | | | (3,109) |
| Other comprehensive income, net of tax | | | 3,495 | | | 2,148 | | | 6,092 | | | 7,405 |
| Comprehensive income | | $13,194 | | $12,751 | | $35,525 | | $37,601 | ||||
| (1) | Amounts are included in net gains on investment securities available-for-sale on the Consolidated Statements of Income in noninterest income. There were no income tax expenses associated with the reclassification adjustment for the three months ended September 30, 2025, and 2024. Income tax expenses (benefits) associated with the reclassification adjustment for the nine months ended September 30, 2025, and 2024 were $37 thousand and $(831) thousand, respectively. |
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