SIERRA BANCORP

For the period ended Jun 30, 2026. Filed Jul 31, 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.

Jun 30, 2026 · Filed Jul 31, 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 SIX MONTHS ENDED JUNE 30, 2026 and 2025

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


· · Three months ended June 30, · · Six months ended June 30,
· · 2026 · · 2025 · · 2026 · · 2025
Interest and dividend income
Loans, including fees	$31,184	$31,634	$62,553	$61,783
Taxable securities	7,965	9,295	15,957	18,435
Tax-exempt securities	1,678	1,577	3,302	3,153
Federal funds sold and other	112	211	323	799
Total interest income	40,939	42,717	82,135	84,170
Interest expense
Deposits	7,861	9,326	16,184	18,697
Federal funds purchased and repurchase agreements	1,250	596	1,727	667
Federal Home Loan Bank advances	389	1,057	1,155	1,873
Long-term debt	430	430	861	860
Subordinated debentures	597	655	1,188	1,308
Total interest expense	10,527	12,064	21,115	23,405
Net interest income	30,412	30,653	61,020	60,765
Credit loss expense - loans	2,283	1,210	2,360	3,171
Credit loss (benefit) expense - unfunded commitments	(90)	(10)	(140)	100
Credit loss benefit - debt securities held-to-maturity	—	—	(1)	—
Net interest income after credit loss expense	28,219	29,453	58,801	57,494
Noninterest income
Service charges and fees on deposit accounts	5,987	5,855	11,660	11,436
Net gain on sale of securities available-for-sale	—	1	—	124
Net gain (loss) on sale of fixed assets	—	(19)	360	(22)
Increase in cash surrender value of life insurance	416	343	835	581
Earnings on separate account life insurance	1,386	973	1,006	470
Other income	781	1,400	2,678	2,606
Total noninterest income	8,570	8,553	16,539	15,195
Noninterest expense
Salaries and benefits	12,548	12,544	25,247	25,547
Occupancy and equipment	3,204	3,142	6,289	6,120
Other	7,758	8,081	13,798	14,517
Total noninterest expense	23,510	23,767	45,334	46,184
Income before taxes	13,279	14,239	30,006	26,505
Provision for income taxes	3,360	3,606	7,567	6,771
Net income	$9,919	$10,633	$22,439	$19,734

PER SHARE DATA
Earnings per share basic	$0.77	$0.78	$1.74	$1.44
Earnings per share diluted	$0.77	$0.78	$1.72	$1.43
Average shares outstanding, basic	12,848,133	13,563,910	12,917,542	13,692,003
Average shares outstanding, diluted	12,959,127	13,637,252	13,027,893	13,777,006

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.