Sierra bancorp (BSRR)
Income statement / TTM
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'11Sep'10Jun'10
Interest and dividend income
Loans and leases, including fees

94,262

95,898

95,336

94,042

91,536

87,792

85,209

78,928

73,261

68,227

63,440

62,018

59,328

57,450

54,748

52,551

52,284

51,512

49,859

48,172

46,349

44,380

43,463

43,158

43,469

44,030

44,725

45,747

45,533

45,765

45,731

45,557

46,321

46,959

48,554

50,269

0

0

0

Taxable securities

9,982

10,139

10,220

10,118

9,827

9,548

9,255

9,097

8,944

8,614

8,223

7,878

7,783

7,922

8,172

8,140

8,091

8,192

8,042

8,203

8,076

7,653

7,280

6,404

5,562

4,899

4,450

4,841

5,558

6,280

7,290

8,187

8,721

8,753

8,752

8,375

0

0

0

Tax-exempt securities

4,828

4,534

4,297

4,143

4,089

4,060

4,012

4,008

3,922

3,711

3,523

3,286

3,084

3,009

2,975

2,956

2,958

2,953

2,936

2,919

2,920

2,936

2,950

2,920

2,859

2,737

2,642

2,643

2,656

2,703

2,732

2,748

2,784

2,834

2,848

2,805

0

0

0

Dividend income on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold and other

443

376

362

247

193

238

238

277

355

356

343

309

175

84

67

45

46

31

33

30

40

62

85

109

109

102

91

78

84

70

63

71

74

68

64

46

0

0

0

Total interest income

109,515

110,947

110,215

108,550

105,645

101,638

98,730

92,326

86,498

80,924

75,533

73,495

70,374

68,505

65,924

63,654

63,389

62,707

61,053

59,507

57,520

55,121

53,795

52,608

52,016

51,785

51,992

53,393

53,915

54,902

55,816

56,563

57,900

58,614

60,218

61,495

0

0

0

Interest expense
Deposits

10,259

11,380

11,456

10,396

8,897

7,260

6,008

5,117

4,391

3,762

3,189

2,732

2,372

2,174

2,014

1,891

1,832

1,785

1,795

1,846

1,950

2,064

2,175

2,278

2,353

2,455

2,612

2,802

2,983

3,208

3,516

3,783

4,099

4,305

4,775

5,383

0

0

0

Short-term borrowings

326

362

289

285

312

253

211

139

96

93

93

130

151

166

129

90

80

66

54

48

31

25

18

16

20

19

33

52

57

58

50

34

26

55

95

143

0

0

0

Long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

13

11

8

4

0

0

0

33

83

134

183

281

375

467

560

569

568

567

0

0

0

Subordinated debentures

1,747

1,836

1,865

1,863

1,829

1,731

1,632

1,532

1,433

1,368

1,328

1,238

1,101

983

847

767

745

717

710

706

703

703

704

707

711

714

725

738

752

774

773

759

746

728

738

739

0

0

0

Total interest expense

12,332

13,578

13,610

12,544

11,038

9,244

7,851

6,788

5,920

5,223

4,610

4,100

3,624

3,323

2,994

2,754

2,666

2,581

2,572

2,611

2,692

2,796

2,897

3,001

3,084

3,221

3,453

3,726

3,975

4,321

4,714

5,043

5,431

5,657

6,176

6,832

0

0

0

Net interest income

97,183

97,369

96,605

96,006

94,607

92,394

90,879

85,538

80,578

75,701

70,923

69,395

66,750

65,182

62,930

60,900

60,723

60,126

58,481

56,896

54,828

52,325

50,898

49,607

48,932

48,564

48,539

49,667

49,940

50,581

51,102

51,520

52,469

52,957

54,042

54,663

0

0

0

Provision (benefit) for loan losses

4,050

2,550

3,450

4,550

4,450

4,350

1,510

-940

-940

-1,140

0

0

0

-

0

0

0

-

0

0

200

350

1,850

2,650

2,900

4,350

6,450

10,350

13,060

14,210

13,010

11,310

11,150

12,000

15,980

16,480

0

0

0

Net interest income after provision for loan and lease losses

93,133

94,819

93,155

91,456

90,157

88,044

89,369

86,478

81,518

76,841

70,623

69,095

66,750

65,182

62,930

60,900

60,723

60,126

58,481

56,896

54,628

51,975

49,048

46,957

46,032

44,214

42,089

39,317

36,880

36,371

38,092

40,210

41,319

40,957

38,062

38,183

0

0

0

Non-interest income
Service charges on deposits

12,982

12,742

12,644

12,560

12,436

12,439

12,097

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on sale of securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposits

-

-

-

-

-

-

-

-

-

-

-

-

10,351

-

10,054

9,979

9,779

9,399

9,016

8,619

8,380

8,275

8,520

8,660

8,836

9,022

9,088

9,259

9,461

9,676

9,632

9,546

9,575

9,543

10,099

10,547

0

0

0

Gain on sale of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

129

28

118

119

183

161

0

0

-

0

-

-

0

-

Net (losses) gains on sale of securities available-for-sale

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on sale of securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

255

-

447

465

626

666

811

703

579

667

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

2,125

2,165

3,794

3,732

3,430

2,654

2,477

2,956

3,084

3,451

5,367

4,588

4,008

3,401

3,004

2,331

2,450

2,503

2,227

2,256

1,983

1,700

1,188

1,582

1,593

1,908

2,498

2,298

2,195

1,908

3,092

2,257

1,580

1,156

4,733

4,905

0

0

0

Total non-interest income

23,677

23,477

22,909

22,763

22,337

21,564

21,657

21,844

21,779

21,779

21,786

20,867

20,077

19,238

18,652

17,922

18,002

17,715

17,243

16,767

16,131

15,831

16,122

16,656

16,660

17,063

17,973

18,034

18,134

18,126

17,178

16,167

15,518

14,992

17,471

18,091

0

0

0

Non-interest expense
Salaries and employee benefits

36,907

35,978

36,160

36,190

36,193

36,133

35,884

34,548

32,804

31,506

29,713

29,101

28,472

27,452

26,302

25,340

24,841

24,871

25,078

24,633

23,836

22,926

21,975

21,910

21,985

21,920

21,597

21,481

20,989

20,734

20,763

20,334

20,624

20,669

20,342

20,644

0

0

0

Occupancy and equipment

9,811

9,845

10,107

10,307

10,308

10,295

10,151

9,834

9,618

9,590

9,010

8,705

8,336

7,766

7,417

7,188

6,988

6,899

6,806

6,634

6,500

6,344

6,272

6,164

6,228

6,274

6,361

6,476

6,443

6,381

6,492

6,610

6,672

6,758

6,761

6,793

0

0

0

Other

23,804

24,733

22,916

23,405

23,039

23,147

23,932

23,223

22,980

22,120

19,841

21,434

21,056

20,424

21,702

19,057

18,792

18,832

17,430

17,512

16,700

15,035

16,029

15,942

15,512

16,621

18,706

18,712

19,003

19,541

20,543

19,927

20,647

20,178

21,317

21,963

0

0

0

Total non-interest expense

70,544

70,578

69,632

70,351

69,989

70,024

72,192

69,830

67,627

65,441

60,975

61,651

60,275

58,053

55,522

51,686

50,722

50,703

51,384

50,849

49,106

46,375

44,276

44,016

43,725

44,815

46,664

46,669

46,435

46,656

47,798

46,871

47,943

47,605

48,420

49,400

0

0

0

Income before income taxes

46,266

47,718

46,432

43,868

42,505

39,584

38,834

38,492

35,670

33,179

31,434

28,311

26,552

26,367

26,060

27,136

28,003

27,138

24,340

22,814

21,653

21,431

20,894

19,597

18,967

16,462

13,398

10,682

8,579

7,841

7,472

9,506

8,894

8,344

7,113

6,874

0

0

0

Provision for income taxes

11,393

11,757

11,852

11,169

10,643

9,907

13,017

14,004

13,972

13,640

10,423

9,113

8,470

8,800

8,647

9,242

9,638

9,071

7,982

7,315

6,474

6,191

5,438

4,325

4,133

3,093

1,800

816

-61

-344

-156

987

764

564

-13

-270

0

0

0

Net income

34,873

35,961

34,580

32,699

31,862

29,677

25,817

24,488

21,698

19,539

21,011

19,198

18,082

17,567

17,413

17,894

18,365

18,067

16,358

15,499

15,179

15,240

15,456

15,272

14,834

13,369

11,598

9,866

8,640

8,185

7,628

8,519

8,130

7,780

7,126

7,144

0

0

0

Earnings per share
Book value

21.03

-

19.85

19.36

18.53

-

17.23

17.06

16.75

-

15.83

15.62

15.21

-

15.12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Book value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14.93

14.64

-

14.12

13.88

13.83

-

13.46

13.34

12.99

-

12.54

12.38

12.43

-

12.37

12.23

12.07

-

11.97

11.78

11.55

11.88

12.00

Cash dividend per share

0.20

-

0.19

0.18

0.18

-

0.16

0.16

0.16

-

0.14

0.14

0.14

-

0.12

0.12

0.12

-

0.11

0.10

0.10

-

0.09

0.08

0.08

-

0.07

0.06

0.06

-

0.06

0.06

0.06

-

0.06

0.06

0.06

0.06

0.06

Basic

0.51

0.61

0.58

0.58

0.58

0.52

0.46

0.52

0.44

0.26

0.41

0.38

0.33

0.41

0.28

0.31

0.30

0.40

0.33

0.34

0.27

0.27

0.25

0.30

0.27

0.26

0.24

0.27

0.17

0.15

0.12

0.18

0.13

0.10

0.18

0.16

0.11

0.08

0.22

Diluted

0.51

0.60

0.58

0.57

0.58

0.50

0.46

0.52

0.44

0.26

0.41

0.37

0.32

0.40

0.28

0.31

0.30

0.40

0.33

0.33

0.27

0.27

0.25

0.30

0.26

0.28

0.23

0.27

0.16

0.15

0.12

0.18

0.13

0.10

0.18

0.16

0.11

0.08

0.22

Weighted average shares outstanding, basic

15,262

15,284

15,318

15,329

15,311

15,292

15,267

15,254

15,232

15,216

13,839

13,831

13,801

13,785

13,790

13,280

13,265

13,244

13,358

13,560

13,678

13,753

13,939

14,086

14,228

14,205

14,176

14,128

14,113

14,106

14,103

14,103

14,101

-

14,051

14,012

13,981

11,650

11,646

Weighted average shares outstanding, diluted

15,340

15,407

15,434

15,458

15,447

15,442

15,444

15,429

15,412

15,397

14,013

14,010

14,009

13,922

13,904

13,393

13,386

13,367

13,482

13,686

13,804

13,887

14,072

14,212

14,372

14,409

14,329

14,227

14,194

14,127

14,138

14,107

14,107

-

14,097

14,084

14,060

11,738

11,749

Dividends paid (in thousands)

-

-

0

0

-

-

0

0

0

-

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid (in thousands)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends Paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-