For the quarter ending 2026-03-31, BSRR had $20,744K increase in cash & cash equivalents over the period. $10,982K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 12,520 | 12,894 | 9,699 | 19,734 |
| (gain) loss on sales of securities | - | -4 | 0 | 124 |
| (gain) loss on disposal of fixed assets | 360 | -30 | 0 | -22 |
| Stock based compensation expense | 494 | 734 | 436 | 1,041 |
| Provision for credit losses on loans | 77 | -785 | 3,709 | 3,171 |
| (benefit) provision for credit losses on held-to-maturity securities | -1 | - | - | - |
| Excise tax on stock repurchases | - | - | 0 | -111 |
| (benefit) provision for credit losses on unfunded commitments | -130 | - | -20 | 100 |
| Depreciation and amortization | 496 | 517 | 517 | 1,050 |
| Net accretion on securities premiums and discounts | 324 | 343 | 224 | 153 |
| Net accretion of premiums/discounts for loans acquired | -19 | -5 | -52 | -149 |
| (increase) decrease in cash surrender value of life insurance policies | 40 | 539 | 1,018 | 1,051 |
| Amortization of core deposit intangible | 39 | 80 | 162 | 324 |
| Decrease (increase) in interest receivable and other assets | -643 | -2,408 | -4,212 | 2,689 |
| (decrease) increase in other liabilities | -2,384 | -1,514 | -3,532 | -17,587 |
| Deferred income tax benefit | -145 | -795 | 1,028 | -338 |
| Increase in value of restricted bank equity securities | 602 | - | - | - |
| Amortization of debt issuance costs | -45 | - | 23 | 45 |
| Net amortization of partnership investment | - | 2,831 | - | - |
| Net amortization of variable interest entities | -782 | - | 0 | 1,480 |
| Net cash provided by operating activities | 11,065 | 14,000 | 14,940 | 4,765 |
| Maturities and calls of debt securities available-for-sale | 12,000 | 21,325 | 22,965 | 11,000 |
| Proceeds from sales of debt securities available-for-sale | - | 3,016 | - | - |
| Purchases of debt securities available-for-sale | 13,510 | 89,714 | 41,078 | 247,255 |
| Principal paydowns on debt securities available-for-sale | 9,118 | 28,293 | 99,174 | 234,381 |
| Maturities and calls of debt securities held-to-maturity | - | 475 | - | - |
| Principal paydowns on debt securities held-to-maturity | 3,381 | 15,073 | - | - |
| Loan (originations) and payments, net | -79,763 | 57,693 | 59,175 | 109,347 |
| Purchases of premises and equipment | 83 | 452 | 244 | 836 |
| Proceeds from sale of premises and equipment | 518 | 32 | - | - |
| Proceeds from sales of foreclosed assets | 1,565 | - | - | - |
| Purchase of bank-owned life insurance | 47 | 16 | 23 | 127 |
| Purchase of split dollar life insurance | - | 0 | 0 | 15,000 |
| Liquidation of bank-owned life insurance | 104 | - | - | - |
| Proceeds from boli death benefit | 578 | -1 | 0 | 1,645 |
| Amortization of debt issuance costs | - | 90 | - | - |
| Net cash provided by investing activities | 93,387 | -79,572 | 21,619 | -125,539 |
| Increase (decrease) in deposits | 49,370 | -56,324 | -41,709 | 82,801 |
| Decrease in fed funds purchased | 80,000 | -185,000 | 15,000 | -40,000 |
| Decrease in short-term federal home loan bank advances | -42,700 | - | -4,400 | 34,400 |
| Increase (decrease) in short-term borrowed funds | - | 12,700 | - | - |
| Repayments on federal home loan bank advances and other debt | 25,000 | - | - | - |
| (decrease) increase in customer repurchase agreements | -3,042 | 5,104 | -760 | 17,649 |
| Cash dividends paid | 3,433 | 3,388 | 3,383 | 6,963 |
| Repurchase of common stock, net | 9,923 | 7,519 | 6,035 | 18,276 |
| Stock options exercised | 1,020 | 126 | 217 | 511 |
| Net cash used in financing activities | -83,708 | 105,699 | -71,070 | 150,122 |
| Increase in cash and cash equivalents | 20,744 | 40,127 | -34,511 | 29,348 |
| Cash and cash equivalents, beginning of period | 135,628 | 95,501 | 100,664 | - |
| Cash and cash equivalents, end of period | 156,372 | 135,628 | 95,501 | - |
SIERRA BANCORP (BSRR)
SIERRA BANCORP (BSRR)