| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 29,433 | 19,734 |
| (gain) loss on sales of securities | 124 | 124 |
| Loss (gain) on disposal of fixed assets | -22 | -22 |
| Stock based compensation expense | 1,477 | 1,041 |
| Provision for credit losses on loans | 6,880 | 3,171 |
| Provision for credit losses on unfunded commitments | 80 | 100 |
| Depreciation and amortization | 1,567 | 1,050 |
| Net (accretion) amortization on securities premiums and discounts | 377 | 153 |
| Net accretion of premiums/discounts for loans acquired | -201 | -149 |
| Increase in cash surrender value of life insurance policies | 2,069 | 1,051 |
| Amortization of core deposit intangible | 486 | 324 |
| Decrease (increase) in interest receivable and other assets | -1,523 | 2,689 |
| (decrease) increase in other liabilities | -21,119 | -17,587 |
| Deferred income tax benefit (provision) | 690 | -338 |
| Excise tax on stock repurchases | -111 | -111 |
| Amortization of debt issuance costs | 68 | 45 |
| Net amortization of variable interest entities | 1,480 | 1,480 |
| Net cash provided by operating activities | 19,705 | 4,765 |
| Maturities and calls of securities available for sale | 33,965 | 11,000 |
| Purchases of securities available for sale | 288,333 | 247,255 |
| Principal pay downs on securities available for sale | 333,555 | 234,381 |
| Loan (originations) and payments, net | 168,522 | 109,347 |
| Purchases of premises and equipment | 1,080 | 836 |
| Purchase of bank-owned life insurance | 150 | 127 |
| Purchase of split dollar life insurance policies | 15,000 | 15,000 |
| Proceeds from boli death benefit | 1,645 | 1,645 |
| Net cash (used in) provided by investing activities | -103,920 | -125,539 |
| Increase in deposits | 41,092 | 82,801 |
| Increase (decrease) in fed funds purchased | -25,000 | -40,000 |
| Increase (decrease) in short-term federal home loan bank advances | 30,000 | 34,400 |
| Increase in customer repurchase agreements | 16,889 | 17,649 |
| Cash dividends paid | 10,346 | 6,963 |
| Repurchase of common stock, net | 24,311 | 18,276 |
| Stock options exercised | 728 | 511 |
| Net cash provided by (used in) financing activities | 79,052 | 150,122 |
| (decrease) increase in cash and cash equivalents | -5,163 | 29,348 |
| Cash and cash equivalents at beginning of period | 100,664 | - |
| Cash and cash equivalents at end of period | 95,501 | - |
SIERRA BANCORP (BSRR)
SIERRA BANCORP (BSRR)