Sierra bancorp (BSRR)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

7,807

9,285

8,952

8,829

8,895

7,904

7,071

7,992

6,710

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

4,551

-

3,928

4,086

4,036

5,363

4,409

4,557

3,738

3,654

3,550

4,237

3,799

3,870

3,367

3,798

2,334

2,098

1,635

2,573

1,879

1,541

2,526

2,184

1,529

Adjustments to reconcile net income to net cash provided by operating activities:
(Gain) loss on investment of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-24

-

-

-

-

380

0

183

104

0

0

0

6

1,601

90

1

70

-

-

-

-

Loss (gain) on sales of securities

-

-227

1

22

6

-

-

-

0

-484

918

58

8

-

-

-

-

235

108

307

16

0

0

0

3

37

24

32

36

44

45

44

50

46

40

10

43

Loss on disposal of fixed assets

-

0

0

-16

-12

-3

0

-13

0

-70

-64

1

-3

-2

2

-2

0

124

-7

-63

8

5

-1

0

0

-

-

-

-

-

-

-

-

-37

0

65

-53

Gain on sale of foreclosed assets

-2

0

70

21

16

690

20

713

0

44

0

-1

13

133

-2

-47

46

93

88

-10

88

1,722

62

119

350

345

-299

219

-488

-155

-532

-51

-126

118

-273

-314

18

Writedowns of foreclosed assets

-

0

8

49

20

244

19

66

110

20

0

-23

98

175

13

140

122

28

20

1

172

166

63

139

84

35

507

101

87

1,563

215

544

851

2,528

351

847

458

Share-based compensation expense

129

111

112

116

151

99

100

98

76

17

18

18

423

8

11

12

157

2

15

11

7

124

24

21

12

50

68

57

93

304

61

55

67

294

48

54

64

Provision (benefit) for loan losses

1,800

500

1,350

400

300

1,400

2,450

300

200

-1,440

0

300

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

771

748

744

742

754

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization on securities premiums and discounts

1,050

1,201

1,141

1,077

1,030

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

785

-

715

743

719

704

671

611

598

578

575

558

561

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

605

585

724

714

613

644

Net amortization on securities premiums and discounts

-

-

-

-

-

-

-

-

1,423

-

1,650

1,675

1,758

1,922

1,896

1,729

1,583

1,715

1,833

1,792

1,592

1,682

1,640

1,671

1,614

1,736

2,104

2,241

2,096

2,286

2,195

2,099

1,920

1,843

1,371

1,401

1,259

Accretion of discounts for loans acquired and net deferred loan fees

-225

-311

-207

-239

-266

-279

-457

-555

-356

-667

-167

-252

-298

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

-

800

450

1,600

3,600

4,700

3,160

2,750

2,400

3,000

3,000

3,600

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

531

532

506

-

488

561

590

-

-

-

-

-

-

-

-

(Accretion) amortization of discounts/premiums for loans acquired and deferred loan fees/costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

-

-

-

-414

731

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of life insurance policies

38

567

590

127

900

-476

441

422

204

452

79

657

452

-

-

289

-600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in unearned net loan fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-52

-118

-129

-

-113

-139

268

-456

9

110

-29

231

-20

255

69

218

174

41

76

(Increase) decrease in cash surrender value of life insurance policies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-45

282

449

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of life insurance policies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

195

481

325

28

456

340

593

320

-831

192

669

-4,604

4,831

288

419

Proceeds from sales of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

108

1,797

1,374

1,031

1,257

2,474

1,763

1,730

2,224

3,770

1,715

571

1,154

Originations of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,598

1,094

733

1,800

2,022

1,835

1,424

1,583

7,570

855

-44

-870

Amortization of core deposit intangible

269

268

269

268

269

268

268

254

230

188

107

106

107

171

23

44

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in interest receivable and other assets

-1,467

1,862

6,149

1,010

203

6,357

-1,271

3,653

-2,633

-15,473

1,164

4,133

-226

15,272

-11,841

2,700

-2,689

2,760

-3,599

-1,425

1,179

-3,950

148

-2,516

445

894

522

-2,584

-1,057

-1,287

363

96

218

-992

403

-1,049

-716

Increase (decrease) in other liabilities

-2,336

11,074

653

-6,541

4,476

-523

1,068

-2,945

-3,020

4,112

-197

-797

982

8,374

-5,036

654

-4,613

5,488

-4,090

6,310

-6,950

1,697

-968

2,699

25

353

1,794

662

-1,295

467

1,351

1,041

-1,213

1,055

972

-998

-363

Net (increase) decrease in FHLB stock, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-36

-315

-319

-

-

-

-

Net Decrease in FHLB Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-316

Deferred income tax benefit

-114

66

-136

-29

2

648

6

-9

-953

-

-

-

-

-

-

-

-

-

-1,652

-116

586

-

31

768

65

1,982

370

4

4

-882

230

89

-1

-776

-99

-3

-3

Deferred income tax benefit

-

-

-

-

-

-

-

-

-

-

469

-244

111

8,111

-1,688

0

-310

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization of partnership investment

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax benefit from equity based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-73

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in equity securities

447

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization of partnership investment

158

479

748

450

450

1,383

432

405

405

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from equity based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-52

-83

43

-

0

-86

86

27

150

69

34

9

3

0

36

113

6

-11

1

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

7,985

-

14,416

4,372

5,476

12,386

4,561

14,111

-2,362

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

10,293

21,219

6,824

3,726

14,968

5,385

13,929

3,093

8,039

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,225

4,782

-

8,916

10,409

5,871

9,769

11,866

10,250

6,812

10,982

4,888

9,037

9,740

Cash flows from investing activities:
Maturities of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,844

0

1,275

Maturities and calls of securities available for sale

2,430

1,095

4,255

3,309

1,150

6,196

1,224

2,110

200

-

-

-

-

-

-

-

30

0

290

0

290

625

545

0

450

325

960

299

140

40

945

0

135

-

-

-

-

Proceeds from sales of securities available for sale

-

38,329

1

6,676

15,504

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales/calls of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

12,905

15,815

18,388

2,790

2,575

15,423

1,870

2,674

19,864

18,397

1,845

4,995

4,215

681

2,233

244

977

52,457

4,319

3,163

3,837

-6,558

18,792

16,482

18,156

Purchases of securities available for sale

33,285

67,589

50,249

37,861

34,469

31,939

28,880

25,249

36,750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

59,511

-

32,659

32,002

38,673

38,560

30,086

23,443

44,370

39,090

32,999

36,527

41,899

39,899

42,386

30,960

47,006

51,221

25,332

35,444

38,308

51,271

49,530

42,551

62,148

Principal paydowns on securities available for sale

21,351

25,902

24,576

22,485

19,803

21,492

24,639

24,081

22,282

25,075

25,230

24,770

25,086

26,718

26,927

24,040

21,496

22,440

24,697

23,719

20,337

20,380

20,788

18,841

17,433

18,957

24,476

27,198

25,141

28,799

27,362

25,452

23,139

-

-

-

-

Loan originations and payments, net

35,350

-33,641

19,702

26,697

19,618

45,877

71,675

31,714

34,471

26,146

13,132

63,668

-26,817

5,675

6,957

62,068

-37,939

79,490

-19,053

8,214

95,615

26,210

-7,991

55,673

34,444

-3,829

2,737

-13,848

-49,928

38,473

45,086

80,423

-193

4,048

-8,166

1,784

-22,327

Purchases of premises and equipment, net

1,716

151

302

243

87

269

570

1,872

412

552

669

117

803

-430

2,115

878

1,023

394

464

1,250

422

220

720

173

1,266

392

49

132

94

207

723

1,865

616

1,904

96

-254

988

Proceeds from sales of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

232

3

1

21

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale premises and equipment

-

-

0

0

10

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of foreclosed assets

32

0

0

35

7,920

9,201

62

3,925

0

344

0

70

29

569

253

397

332

379

473

218

763

2,433

305

2,777

1,339

1,907

2,570

6,821

3,725

1,640

3,329

8,557

2,012

2,531

1,247

971

2,463

Purchase of bank owned life insurance

167

74

74

75

217

70

57

49

278

79

376

-221

221

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash from bank acquisition

-

-

-

-

-

0

0

0

6

-61,571

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

4,302

-

12,278

-68,121

22,908

-80,199

15,834

-6,779

-99,119

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-46,705

31,153

-41,496

-32,943

-10,004

-44,340

-65,344

-29,069

-49,435

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-65,950

-54,172

-

-14,933

17,318

32,811

-6,965

-35,186

-80,560

-9,608

11,113

-17,321

-26,220

-18,915

Cash flows from financing activities:
Increase in deposits

11,017

-27,833

17,109

18,350

44,408

10,287

18,131

51,292

48,244

-48,804

-12,278

71,436

24,950

61,640

18,719

-2,012

23,458

35,514

-42,476

80,575

24,320

35,377

-23,081

25,949

45,999

22,701

-3,537

-919

-18,100

28,181

-3,680

26,655

36,610

-7,351

-22,547

24,461

39,431

Increase (decrease) in borrowed funds

54,100

-22,200

33,700

8,500

-56,100

40,000

16,100

-5,800

-16,100

-13,000

10,500

0

-65,000

-6,600

-24,600

70,900

-54,500

33,800

29,800

-87,100

76,600

-6,190

14,640

7,750

0

0

0

-6,600

-35,050

-11,250

23,260

24,640

-27,120

-

-

-

-

Increase in Fed funds purchased

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in Fed funds purchased

-

-

-

-

-

-

-

-

-300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,945

-35

Decrease in borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,650

Increase (decrease) in repurchase agreements

3,650

554

990

4,807

3,001

-163

-717

4,710

4,379

-529

-2,617

1,865

1,337

1,324

-3,424

1,511

-722

-710

-1,157

3,287

734

81

1,076

567

-447

278

4,277

-1,254

1,254

-2,215

744

-2,955

2,808

-

-

-

-

Cash dividends paid

3,059

2,905

2,914

2,759

2,754

2,437

2,442

2,441

2,437

2,131

1,937

1,936

1,931

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,593

1,592

-

1,475

1,361

1,369

1,247

1,260

1,129

1,138

994

991

847

847

847

846

846

846

-2,518,276

2,519,964

839

839

Repurchases of common stock

2,562

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,705

4,019

1,232

2,899

3,003

2,789

1,492

0

0

0

0

-

-

-

-

-

-

-

-

Stock options exercised

181

570

60

46

412

361

280

108

382

-35

82

34

683

309

1

-51

284

63

-32

154

195

489

147

124

540

275

650

313

158

41

8

0

14

195

102

496

74

Excess tax provision from equity based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

73

238

-52

-83

43

224

0

-86

86

27

150

69

34

9

3

0

36

113

6

-11

1

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-39,961

-

-14,293

72,782

-32,999

67,448

-18,097

-8,547

99,291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

63,327

-52,984

47,571

28,944

-11,033

48,048

31,352

47,569

34,768

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,385

43,548

-

4

-8,694

-52,551

13,919

19,489

47,494

11,502

-17,364

2,371

28,028

24,052

(Decrease) increase in cash and due from banks

26,915

-612

12,899

-273

-6,069

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in cash and due from banks

-

-

-

-

-

-

-

-

-6,628

-

-22,568

-15,593

-27,674

55,000

12,401

9,033

-4,615

-365

2,298

-1,215

-2,190

10,417

-9,146

-23,340

-5,842

17,037

-6,013

19,033

-13,869

16,723

-3,831

-22,816

8,706

4,731

-10,062

10,845

14,877

Supplemental disclosure of cash flow information:
Interest

2,359

3,098

3,754

3,508

3,409

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental noncash disclosures:
Real estate acquired through foreclosure

-

0

0

1

26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating right-of-use asset pursuant to adoption on ASU 2016-02

-

-1,404

0

0

9,712

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability pursuant to adoption of ASU 2016-02

-

-1,421

0

0

10,336

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-