NASDAQ : BSRR
Sierra Bancorp — Financial statements
Financials · Banks - Regional · United States
Last price 42.43 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 542.80M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 128.94M | 127.96M | 114.26M | 96.79M | 86.71M | 99.25M |
| Interest Income on Investments | 39.39M | 43.43M | 58.08M | 66.33M | 35.11M | 13.83M |
| Total Interest Income | 168.33M | 171.39M | 172.35M | 163.12M | 121.82M | 113.08M |
| Interest Paid on Deposits | 33.13M | 36.50M | 43.35M | 31.55M | 6.82M | 2.39M |
| Interest Paid on Borrowings | 9.86M | 10.21M | 8.96M | 19.16M | 5.38M | 1.66M |
| Total Interest Expense | 42.99M | 46.70M | 52.32M | 50.72M | 12.20M | 4.05M |
| Net Interest Income | 125.34M | 124.69M | 120.03M | 112.41M | 109.61M | 109.03M |
| Gain (Loss) on Sale of Assets | 330.00K | -52.00K | 3.78M | 15.27M | -8.00K | 180.00K |
| Gain (Loss) on Sale of Investments | 598.00K | 120.00K | -2.93M | -14.39M | 1.41M | 344.00K |
| Other Non-Interest Income | 6.91M | 7.03M | 6.49M | 6.42M | 6.27M | 5.25M |
| Total Non-Interest Income | 31.59M | 30.59M | 31.52M | 30.40M | 30.77M | 28.08M |
| Revenues Before Loan Losses | 156.93M | 155.28M | 151.55M | 142.81M | 140.38M | 137.10M |
| Provision for Loan Losses | -660.00K | 6.09M | 4.79M | 3.68M | 10.67M | -3.65M |
| Revenue | 157.59M | 149.18M | 146.76M | 139.12M | 129.72M | 140.75M |
| Salaries and Employee Benefits | 47.84M | 48.84M | 48.38M | 49.23M | 45.77M | 41.44M |
| Occupancy Expenses | 8.03M | 7.94M | 7.87M | 7.86M | 7.52M | 7.64M |
| Selling, General & Administrative | 8.20M | 8.34M | 7.88M | 6.26M | 5.21M | 4.72M |
| Other Non-Interest Expense | 26.59M | 27.72M | 28.76M | 29.31M | 26.30M | 29.77M |
| Total Non-Interest Expense | 90.67M | 92.84M | 92.89M | 92.66M | 84.80M | 83.56M |
| EBT Excluding Unusual Items | 66.92M | 56.34M | 53.87M | 46.46M | 44.91M | 57.20M |
| Pretax Income | 66.92M | 56.34M | 53.87M | 46.46M | 44.91M | 57.20M |
| Income Tax Expense | 16.31M | 14.02M | 13.31M | 11.62M | 11.26M | 14.19M |
| Net Income | 50.61M | 42.33M | 40.56M | 34.84M | 33.66M | 43.01M |
| Net Income to Common | 50.61M | 42.33M | 40.56M | 34.84M | 33.66M | 43.01M |
| Basic Shares Outstanding | 12.97M | 13.50M | 14.28M | 14.71M | 14.96M | 15.24M |
| Diluted Shares Outstanding | 13.08M | 13.59M | 14.40M | 14.74M | 15.02M | 15.35M |
| EPS (Basic) | 3.90 | 3.14 | 2.84 | 2.37 | 2.25 | 2.82 |
| EPS (Diluted) | 3.86 | 3.11 | 2.82 | 2.36 | 2.24 | 2.80 |
| Dividend Per Share | 1.05 | 1.01 | 0.94 | 0.92 | 0.92 | 0.87 |
| Effective Tax Rate | 24.37% | 24.88% | 24.70% | 25.01% | 25.06% | 24.80% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 138.31M | 135.63M | 100.66M | 78.60M | 77.13M | 257.53M |
| Investment Securities | 511.39M | 593.13M | 793.81M | 1.14B | 1.03B | 681.58M |
| Mortgage-Backed Securities | 376.49M | 374.99M | 222.48M | 241.84M | 280.00M | 306.73M |
| Total Investments | 887.87M | 968.12M | 1.02B | 1.38B | 1.31B | 988.31M |
| Gross Loans | 2.43B | 2.55B | 2.33B | 2.09B | 2.05B | 1.99B |
| Allowance for Loan Losses | -21.65M | -21.48M | -24.83M | -23.50M | -23.06M | -14.26M |
| Other Adjustments to Gross Loans | -99.00K | -35.00K | -123.00K | -1.86M | ||
| Net Loans | 2.41B | 2.53B | 2.31B | 2.07B | 2.03B | 1.97B |
| Property, Plant & Equipment | 14.29M | 14.97M | 15.43M | 16.91M | 22.48M | 23.57M |
| Goodwill | 27.36M | 27.36M | 27.36M | 27.36M | 27.36M | 27.36M |
| Other Intangible Assets | 52.00K | 618.00K | 1.40M | 2.27M | 3.27M | |
| Accrued Interest Receivable | 13.50M | 14.17M | 16.00M | 20.35M | 18.35M | 11.25M |
| Long-Term Deferred Tax Assets | 19.38M | 22.67M | 28.68M | 34.98M | 3.79M | |
| Other Real Estate Owned & Foreclosed | 1.56M | 93.00K | ||||
| Other Long-Term Assets | 187.01M | 107.99M | 93.96M | 91.96M | 72.31M | 69.84M |
| Total Assets | 3.68B | 3.83B | 3.61B | 3.73B | 3.61B | 3.37B |
| Interest Bearing Deposits | 1.93B | 1.65B | 1.61B | 1.58B | 1.66B | 1.58B |
| Institutional Deposits | 234.20M | 271.50M | 162.20M | 97.80M | 115.20M | |
| Non-Interest Bearing Deposits | 1.06B | 995.62M | 1.01B | 1.02B | 1.09B | 1.08B |
| Total Deposits | 2.98B | 2.88B | 2.89B | 2.76B | 2.85B | 2.78B |
| Short-Term Borrowings | 130.09M | 353.55M | 108.86M | 387.62M | 328.17M | 106.94M |
| Current Portion of Long-Term Debt | 45.00M | |||||
| Current Portion of Leases | 3.91M | |||||
| Long-Term Debt | 49.55M | 49.48M | 49.39M | 49.30M | 49.21M | 49.14M |
| Federal Home Loan Bank Debt, Long-Term | 35.00M | 35.00M | 80.00M | 80.00M | ||
| Long-Term Leases | 19.16M | 23.70M | 21.90M | 7.30M | 6.20M | |
| Trust Preferred Securities | 36.15M | 36.02M | 35.84M | 35.66M | 35.48M | 35.30M |
| Other Long-Term Liabilities | 77.92M | 45.86M | 67.51M | 55.99M | 38.68M | 29.37M |
| Total Liabilities | 3.31B | 3.46B | 3.26B | 3.39B | 3.31B | 3.01B |
| Common Stock | 102.71M | 103.39M | 108.97M | 110.45M | 112.93M | 113.01M |
| Additional Paid-In Capital | 5.09M | 4.64M | 4.51M | 4.58M | 4.15M | 3.91M |
| Retained Earnings | 295.69M | 280.00M | 275.08M | 259.05M | 243.08M | 234.41M |
| Comprehensive Income & Other | -41.74M | -23.17M | -31.26M | -35.98M | -56.58M | 11.17M |
| Shareholders' Equity | 361.75M | 364.86M | 357.30M | 338.10M | 303.58M | 362.49M |
| Total Liabilities & Equity | 3.68B | 3.83B | 3.61B | 3.73B | 3.61B | 3.37B |
| Total Debt | 250.79M | 542.12M | 297.79M | 574.49M | 420.16M | 197.58M |
| Net Cash (Debt) | -112.48M | -406.49M | -197.13M | -495.88M | -343.03M | 59.95M |
| Net Cash Per Share | -8.60 | -29.90 | -13.69 | -33.65 | -22.83 | 3.90 |
| Filing Date Shares Outstanding | 12.79M | 13.03M | 13.79M | 14.55M | 15.02M | 15.09M |
| Total Common Shares Outstanding | 12.79M | 13.11M | 14.05M | 14.56M | 14.99M | 15.10M |
| Book Value Per Share | 28.28 | 27.83 | 25.43 | 23.23 | 20.25 | 24.00 |
| Tangible Book Value | 334.39M | 337.45M | 329.33M | 309.34M | 273.95M | 331.86M |
| Tangible Book Value Per Share | 26.14 | 25.74 | 23.44 | 21.25 | 18.27 | 21.97 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 50.61M | 42.33M | 40.56M | 34.84M | 33.66M | 43.01M |
| Depreciation & Amortization | 2.13M | 2.65M | 2.88M | 3.23M | 3.54M | 4.27M |
| Gain (Loss) on Sale of Assets | -330.00K | 52.00K | -3.78M | -15.27M | 91.00K | -159.00K |
| Gain (Loss) on Sale of Investments | 7.09M | 1.99M | 5.56M | 17.59M | 2.55M | 5.65M |
| Provision for Credit Losses | -659.00K | 6.09M | 4.59M | 4.06M | 10.90M | -3.65M |
| Accrued Interest Receivable | -13.65M | 3.93M | -9.39M | -20.52M | -29.28M | 6.43M |
| Change in Other Net Operating Assets | 4.27M | -25.24M | 10.92M | 30.22M | 10.81M | -3.57M |
| Other Operating Activities | 407.00K | -105.00K | 4.03M | -2.34M | 311.00K | 85.00K |
| Operating Cash Flow | 51.97M | 33.70M | 57.15M | 53.24M | 33.57M | 52.66M |
| Capital Expenditures | -1.28M | -1.53M | -1.16M | -1.42M | -1.27M | -371.00K |
| Sale of Property, Plant and Equipment | 551.00K | 32.00K | 4.49M | 20.08M | 1.43M | |
| Investment in Securities | 6.78M | 57.66M | 380.86M | -62.14M | -404.32M | -454.92M |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 60.44M | -226.22M | -246.88M | -60.02M | -76.22M | 472.59M |
| Other Investing Activities | 2.48M | -13.43M | 3.90M | 19.81M | 824.00K | 1.90M |
| Investing Cash Flow | 68.96M | -183.49M | 141.23M | -83.69M | -481.00M | 20.62M |
| Short-Term Debt Issued | 244.69M | 1.74M | 61.50M | 127.23M | 67.80M | |
| Long-Term Debt Issued | 80.00M | 94.00M | 49.14M | |||
| Total Debt Issued | 172.80M | 244.69M | 1.74M | 141.50M | 221.23M | 116.94M |
| Short-Term Debt Repaid | -280.50M | -2.05M | -100.00M | |||
| Long-Term Debt Repaid | -42.90M | |||||
| Total Debt Repaid | -268.46M | -280.50M | -2.05M | -142.90M | ||
| Net Debt Issued (Repaid) | -95.66M | 244.69M | -278.76M | 139.45M | 221.23M | -25.96M |
| Issuance of Common Stock | 1.70M | 854.00K | 1.47M | 314.00K | 281.00K | |
| Repurchase of Common Stock | -22.43M | -31.83M | -15.84M | -8.88M | -5.19M | -5.22M |
| Common Dividends Paid | -13.72M | -13.73M | -13.63M | -13.71M | -13.92M | -13.23M |
| Net Increase (Decrease) in Deposit Accounts | 51.98M | -15.23M | 130.44M | -84.94M | 64.59M | 156.97M |
| Financing Cash Flow | -78.13M | 184.75M | -176.32M | 31.92M | 267.03M | 112.83M |
| Net Cash Flow | 42.81M | 34.96M | 22.06M | 1.47M | -180.40M | 186.11M |
| Free Cash Flow | 50.69M | 32.17M | 56.00M | 51.83M | 32.30M | 52.28M |
| Free Cash Flow Margin | 32.17% | 21.57% | 38.16% | 37.26% | 24.90% | 37.15% |
| Free Cash Flow Per Share | 3.88 | 2.37 | 3.89 | 3.52 | 2.15 | 3.40 |
| Cash Interest Paid | 47.95M | 50.12M | 49.05M | 48.55M | 10.78M | 3.65M |
| Cash Income Tax Paid | 10.30M | 10.48M | 8.66M | 10.36M | 13.16M | 13.55M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 545.75M | 434.58M | 409.85M | 327.55M | 317.82M | 415.42M |
| Last Close Price | 42.66 | 32.01 | 27.35 | 20.53 | 18.42 | 22.62 |
| PE Ratio | 11.04 | 10.27 | 10.11 | 9.40 | 9.44 | 9.66 |
| PS Ratio | 3.46 | 2.91 | 2.79 | 2.35 | 2.45 | 2.95 |
| PB Ratio | 1.51 | 1.19 | 1.15 | 0.97 | 1.05 | 1.15 |
| P/FCF Ratio | 10.77 | 13.51 | 7.32 | 6.32 | 9.84 | 7.95 |
| P/OCF Ratio | 10.50 | 12.89 | 7.17 | 6.15 | 9.47 | 7.89 |
| Debt / Equity Ratio | 0.69 | 1.49 | 0.83 | 1.70 | 1.38 | 0.55 |
| Debt / FCF Ratio | 4.95 | 16.85 | 5.32 | 11.08 | 13.01 | 3.78 |
| Net Debt / Equity Ratio | 0.31 | 1.11 | 0.55 | 1.47 | 1.13 | -0.17 |
| Net Debt / FCF Ratio | 2.22 | 12.63 | 3.52 | 9.57 | 10.62 | -1.15 |
| Return on Equity (ROE) | 14.02% | 11.72% | 11.67% | 10.86% | 10.11% | 12.18% |
| Return on Assets (ROA) | 1.37% | 1.14% | 1.10% | 0.95% | 0.96% | 1.31% |
| Earnings Yield | 9.06% | 9.74% | 9.90% | 10.64% | 10.59% | 10.35% |
| FCF Yield | 9.29% | 7.40% | 13.66% | 15.82% | 10.16% | 12.59% |
| Dividend Yield | 2.53% | 3.05% | 3.22% | 4.09% | 4.34% | 3.16% |
| Payout Ratio | 27.95% | 32.45% | 33.61% | 39.36% | 41.35% | 30.76% |
| Buyback Yield / Dilution | 5.37% | 5.58% | 2.32% | 1.90% | 2.15% | -0.48% |
| Total Shareholder Return | 7.91% | 8.62% | 5.54% | 5.98% | 6.49% | 2.68% |