SIERRA BANCORP
For the period ended Sep 30, 2026. Filed Oct 30, 2026.
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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, 2026 · Filed Oct 30, 2026
BSRR$42.14+0.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income (Loss)
FOR THE three and nine months ended September 30, 2026 and 2025
| Three months ended September 30, | Nine months ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Net income | $15,281 | $9,699 | $37,720 | $29,433 |
| Other comprehensive (loss) income, net of tax: | | | | |
| Unrealized (loss) gain on securities: | | | | |
| Unrealized holding (loss) gain arising during period (2) | (21,608) | 4,963 | (23,062) | 8,773 |
| Less: reclassification adjustment for gains included in net income (1) | — | — | — | (124) |
| Tax effect | 4,066 | (1,468) | 4,496 | (2,557) |
| Other comprehensive (loss) income, net of tax | (17,542) | 3,495 | (18,566) | 6,092 |
| Comprehensive (loss) income | $(2,261) | $13,194 | $19,154 | $35,525 |
| (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, 2026 and 2025. Income tax expenses associated with the reclassification adjustment for the nine months ended September 30, 2026 and 2025, were zero and $37 thousand, respectively. |
| (2) | Included in the unrealized holding gain arising during the period is the accretion of the net unrealized loss on debt securities transferred to held-to-maturity from available-for-sale of $1.3 million and $0.5 million for the three months ended September 30, 2026 and 2025, respectively, and $2.3 million and $1.7 million for the nine months ended September 30, 2026 and 2025, respectively. |
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