SIERRA BANCORP
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
BSRR$42.14+0.5%Stored close · as of Nov 10, 2026
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III. Consolidated Balance Sheets – December 31, 2025 and 2024
CONSOLIDATED BALANCE SHEETS
December 31, 2025 and 2024
| | | | | | | |
|---|---|---|---|---|---|---|
| · · 2025 · · 2024 | ||||||
| ASSETS | | | | | | |
| Cash and due from banks | | $71,414 | | $79,616 | ||
| Interest-bearing deposits in banks | | | 64,214 | | | 21,048 |
| Total cash & cash equivalents | | | 135,628 | | | 100,664 |
| Investment securities | | | | | | |
| Available-for-sale, net of allowance for credit losses of zero | | | 625,330 | | | 655,967 |
| Held-to-maturity, net of allowance for credit losses of $15 and $15 | | | 290,811 | | | 305,514 |
| Total investment securities | | | 916,141 | | | 961,481 |
| Loans: | | | | | | |
| Gross loans | | | 2,546,880 | | | 2,331,341 |
| Deferred loan (fees) costs, net | | | (35) | | | 93 |
| Allowance for credit losses on loans | | | (21,480) | | | (24,830) |
| Net loans | | | 2,525,365 | | | 2,306,604 |
| Foreclosed assets | | | 1,565 | | | — |
| Premises and equipment, net | | | 14,974 | | | 15,431 |
| Goodwill | | | 27,357 | | | 27,357 |
| Other intangible assets, net | | | 52 | | | 618 |
| Bank-owned life insurance | | | 69,283 | | | 53,153 |
| Other assets | | | 138,914 | | | 148,963 |
| | | $3,829,279 | | $3,614,271 | ||
| LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | |
| Deposits: | | | | | | |
| Noninterest bearing | | $995,623 | | $1,007,208 | ||
| Interest-bearing | | | 1,880,813 | | | 1,884,460 |
| Total deposits | | | 2,876,436 | | | 2,891,668 |
| Repurchase agreements | | | 130,853 | | | 108,860 |
| Other borrowings | | | 302,700 | | | 80,000 |
| Long-term debt, net | | | 49,483 | | | 49,393 |
| Subordinated debentures, net | | | 36,017 | | | 35,838 |
| Allowance for credit losses on unfunded loan commitments | | | 710 | | | 710 |
| Other liabilities | | | 68,217 | | | 90,500 |
| Total liabilities | | | 3,464,416 | | | 3,256,969 |
| Commitments and contingent liabilities (Note 14) | | | | | | |
| Shareholders' equity | | | | | | |
| Serial Preferred stock, no par value; 10,000,000 shares authorized; none issued; Common stock, no par value; 24,000,000 shares authorized; 13,273,788 and 14,223,046 shares issued and outstanding , at December 31, 2025 and 2024, respectively | | | 103,394 | | | 108,965 |
| Additional paid-in capital | | | 4,642 | | | 4,509 |
| Retained earnings | | | 280,001 | | | 275,085 |
| Accumulated other comprehensive loss | | | (23,174) | | | (31,257) |
| Total shareholders' equity | | | 364,863 | | | 357,302 |
| Total liabilities and shareholders' equity | | $3,829,279 | | $3,614,271 | ||
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