SIERRA BANCORP

For the period ended Mar 31, 2026. Filed May 1, 2026.

About this filing

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.

Mar 31, 2026 · Filed May 1, 2026

BSRR$42.14+0.5%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(dollars in thousands, except per share data, unaudited)


· · Three months ended March 31,
· · 2026 · · 2025
Interest and dividend income
Loans, including fees	$31,368	$30,149
Taxable securities	7,993	9,138
Tax-exempt securities	1,624	1,576
Federal funds sold and other	211	590
Total interest income	41,196	41,453
Interest expense
Deposits	8,322	9,372
Federal funds purchased and repurchase agreements	458	71
Federal Home Loan Bank advances	787	816
Long-term debt	431	430
Subordinated debentures	590	652
Total interest expense	10,588	11,341
Net interest income	30,608	30,112
Credit loss expense - loans	77	1,961
Credit loss (benefit) expense - unfunded commitments	(50)	110
Credit loss (benefit) - debt securities held-to-maturity	(1)	—
Net interest income after credit loss expense	30,582	28,041
Noninterest income
Service charges and fees on deposit accounts	5,673	5,581
Net gain on sale of securities available-for-sale	—	122
Net gain (loss) on sale of fixed assets	360	(2)
Increase in cash surrender value of life insurance	419	237
Earnings on separate account life insurance	(379)	(502)
Other income	1,896	1,206
Total noninterest income	7,969	6,642
Noninterest expense
Salaries and benefits	12,700	13,003
Occupancy and equipment	3,085	2,978
Other	6,039	6,436
Total noninterest expense	21,824	22,417
Income before taxes	16,727	12,266
Provision for income taxes	4,207	3,165
Net income	$12,520	$9,101

PER SHARE DATA
Earnings per share basic	$0.96	$0.66
Earnings per share diluted	$0.96	$0.65
Average shares outstanding, basic	12,988,932	13,820,008
Average shares outstanding, diluted	13,097,176	13,916,341

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.