SIERRA BANCORP
For the period ended Mar 31, 2024. Filed May 6, 2024.
View on SEC.govAbout 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.
Mar 31, 2024 · Filed May 6, 2024
BSRR$41.42-1.3%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes In Shareholders’ Equity
(dollars in thousands, except per share data, unaudited)
| | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · · · · · · Accumulated · · · | |||||||||||||||||
| · · · · · · · Additional · · · · · Other · · · | |||||||||||||||||
| · · Common Stock · · Paid In · · Retained · · Comprehensive · · Shareholders' | |||||||||||||||||
| · Shares · Amount · Capital · Earnings · Loss · Equity | |||||||||||||||||
| Balance, December 31, 2022 | | 15,170,372 | | $112,928 | | $4,148 | | $243,082 | | $(56,576) | | $303,582 | |||||
| Net income | | — | | | — | | | — | | | 8,751 | | | — | | | 8,751 |
| Other comprehensive gain, net of tax | | — | | | — | | | — | | | — | | | 501 | | | 501 |
| Restricted stock granted | | 29,064 | | | — | | | — | | | — | | | — | | | — |
| Restricted stock surrendered due to employee tax liability | | (1,764) | | | (13) | | | — | | | (23) | | | — | | | (36) |
| Restricted stock forfeited / cancelled | | (514) | | | — | | | — | | | — | | | — | | | — |
| Stock based compensation - stock options | | — | | | — | | | 20 | | | — | | | — | | | 20 |
| Stock based compensation - restricted stock | | — | | | — | | | 393 | | | — | | | — | | | 393 |
| Stock repurchase | | (146,418) | | | (1,088) | | | — | | | (1,592) | | | — | | | (2,680) |
| Excise tax on stock repurchase | | — | | | (26) | | | — | | | — | | | — | | | (26) |
| Cash dividends - $0.23 per share | | — | | | — | | | — | | | (3,495) | | | — | | | (3,495) |
| Balance, March 31, 2023 | | 15,050,740 | | $111,801 | | $4,561 | | $246,723 | | $(56,075) | | $307,010 | |||||
| | | | | | | | | | | | | | | | | | |
| Balance, December 31, 2023 | | 14,793,832 | | $110,446 | | $4,581 | | $259,050 | | $(35,980) | | $338,097 | |||||
| Net income | | — | | | — | | | — | | | 9,330 | | | — | | | 9,330 |
| Other comprehensive gain, net of tax | | — | | | — | | | — | | | — | | | 4,058 | | | 4,058 |
| Restricted stock granted | | 36,114 | | | — | | | — | | | — | | | — | | | — |
| Restricted shares withheld for taxes | | (5,062) | | | (38) | | | — | | | (63) | | | — | | | (101) |
| Restricted stock forfeited / cancelled | | (649) | | | — | | | — | | | — | | | — | | | — |
| Restricted stock vested in period | | — | | | 253 | | | (253) | | | — | | | — | | | — |
| Stock based compensation - stock options | | — | | | — | | | 14 | | | — | | | — | | | 14 |
| Stock based compensation - restricted stock | | — | | | — | | | 473 | | | — | | | — | | | 473 |
| Stock repurchase | | (178,937) | | | (1,334) | | | — | | | (2,015) | | | — | | | (3,349) |
| Excise tax on stock repurchase | | — | | | (32) | | | — | | | — | | | — | | | (32) |
| Cash dividends - $0.23 per share | | — | | | — | | | — | | | (3,396) | | | — | | | (3,396) |
| Balance, March 31, 2024 | | 14,645,298 | | $109,295 | | $4,815 | | $262,906 | | $(31,922) | | $345,094 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.