SIERRA BANCORP

For the period ended Jun 30, 2025. Filed Aug 1, 2025.

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.

Jun 30, 2025 · Filed Aug 1, 2025

BSRR$41.92+1.2%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(dollars in thousands)


· June 30, 2025 · December 31, 2024
ASSETS · · (unaudited) · · (audited)
Cash and due from banks	$112,905	$79,616
Interest-bearing deposits in banks	17,107	21,048
Total cash & cash equivalents	130,012	100,664
Investment securities
Available-for-sale, net of zero allowance for credit losses	668,834	655,967
Held-to-maturity, net of allowance for credit losses of $15	298,484	305,514
Total investment securities	967,318	961,481
Loans, net:
Gross loans	2,434,605	2,331,341
Deferred loan costs, net	4	93
Allowance for credit losses on loans	(21,680)	(24,830)
Net loans	2,412,929	2,306,604
Premises and equipment, net	15,285	15,431
Goodwill	27,357	27,357
Other intangible assets, net	294	618
Bank-owned life insurance	67,686	53,153
Operating right-of-use asset	26,623	28,465
Other assets	122,798	120,498
Total assets	$3,770,302	$3,614,271

LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits:
Noninterest-bearing	$1,065,742	$1,007,208
Interest-bearing	1,908,727	1,884,460
Total deposits	2,974,469	2,891,668
Repurchase agreements	126,509	108,860
Other borrowings	154,400	80,000
Long-term debt	49,438	49,393
Subordinated debentures	35,928	35,838
Allowance for credit losses on unfunded loan commitments	810	710
Operating lease liability	22,794	24,059
Other liabilities	50,247	66,441
Total liabilities	3,414,595	3,256,969

Commitments and contingent liabilities (Note 7)

Shareholders' equity
Common stock, no par value; 24,000,000 shares authorized; 13,681,828 and 14,223,046 shares issued and outstanding at June 30, 2025, and December 31, 2024, respectively	105,045	108,965
Additional paid-in capital	4,968	4,509
Retained earnings	274,354	275,085
Accumulated other comprehensive loss, net	(28,660)	(31,257)
Total shareholders' equity	355,707	357,302
Total liabilities and shareholders' equity	$3,770,302	$3,614,271

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.