SIERRA BANCORP

For the period ended Sep 30, 2026. Filed Oct 30, 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.

Sep 30, 2026 · Filed Oct 30, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Income

FOR THE three and nine months ended September 30, 2026 and 2025

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

	Three months ended September 30,		Nine months ended September 30,
	2026	2025	2026	2025
Interest and dividend income
Loans, including fees	$33,139	$32,924	$95,692	$94,708
Taxable securities	7,874	9,104	23,831	27,539
Tax-exempt securities	1,697	1,580	5,000	4,733
Federal funds sold and other	207	329	530	1,128
Total interest income	42,917	43,937	125,053	128,108
Interest expense
Deposits	8,756	9,606	24,940	28,304
Federal funds purchased and repurchase agreements	425	420	2,152	1,087
Federal Home Loan Bank advances	335	857	1,490	2,729
Long-term debt	429	429	1,291	1,289
Subordinated debentures	607	657	1,794	1,965
Total interest expense	10,552	11,969	31,667	35,374
Net interest income	32,365	31,968	93,386	92,734
Credit loss (benefit) expense - loans	(2,024)	3,709	336	6,880
Credit loss expense (benefit) - unfunded commitments	10	(20)	(130)	80
Credit loss benefit - debt securities held-to-maturity	—	—	(1)	—
Net interest income after credit loss expense	34,379	28,279	93,181	85,774
Noninterest income
Service charges and fees on deposit accounts	6,112	6,065	17,773	17,501
Net gain on sale of securities available-for-sale	—	—	—	124
Net gain (loss) on sale of fixed assets	—	—	360	(22)
Increase in cash surrender value of life insurance	421	410	1,256	991
Earnings on separate account life insurance	112	608	1,118	1,078
Other income	1,071	975	3,749	3,580
Total noninterest income	7,716	8,058	24,256	23,252
Noninterest expense
Salaries and benefits	12,161	12,827	37,408	38,375
Occupancy and equipment	3,162	3,234	9,451	9,354
Other	6,991	7,574	20,791	22,090
Total noninterest expense	22,314	23,635	67,650	69,819
Income before taxes	19,781	12,702	49,787	39,207
Provision for income taxes	4,500	3,003	12,067	9,774
Net income	$15,281	$9,699	$37,720	$29,433

PER SHARE DATA
Earnings per share basic	$1.19	$0.73	$2.93	$2.17
Earnings per share diluted	$1.18	$0.72	$2.90	$2.15
Average shares outstanding, basic	12,790,829	13,361,594	12,875,239	13,582,194
Average shares outstanding, diluted	12,923,493	13,470,658	12,992,143	13,674,934

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.