For the quarter ending 2025-09-30, BSRR made $87,579,000 in revenue. $9,699,000 in net income. Net profit margin of 11.07%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total interest expense | - | - | 11,341,000 | 12,493,000 |
| Loans, including fees | 32,924,000 | 31,634,000 | 30,149,000 | 27,874,000 |
| Taxable securities | 9,104,000 | 9,295,000 | 9,138,000 | 11,952,000 |
| Tax-exempt securities | 1,580,000 | 1,577,000 | 1,576,000 | 1,783,500 |
| Federal funds sold and other | 329,000 | 211,000 | 590,000 | 418,000 |
| Total interest income | 43,937,000 | 42,717,000 | 41,453,000 | 42,027,500 |
| Deposits | 9,606,000 | 9,326,000 | 9,372,000 | 10,171,500 |
| Federal funds purchased and repurchase agreements | 420,000 | 596,000 | 71,000 | 166,000 |
| Federal home loan bank advances | 857,000 | 1,057,000 | 816,000 | 993,000 |
| Long-term debt | 429,000 | 430,000 | 430,000 | 431,000 |
| Subordinated debentures | 657,000 | 655,000 | 652,000 | 731,500 |
| Total interest expense | 11,969,000 | 12,064,000 | - | - |
| Net interest income | 31,968,000 | 30,653,000 | 30,112,000 | 29,534,500 |
| Credit loss expense - loans | 3,709,000 | 1,210,000 | 1,961,000 | 1,216,000 |
| Credit loss (benefit) expense - debt securities held-to-maturity | - | - | - | 0 |
| Credit loss expense (benefit) - unfunded commitments | - | - | - | -50,000 |
| Credit loss (benefit) expense - unfunded commitments | -20,000 | -10,000 | 110,000 | - |
| Net interest income after credit loss expense | 28,279,000 | 29,453,000 | 28,041,000 | 28,268,500 |
| Service charges and fees on deposit accounts | - | - | 5,581,000 | 5,892,000 |
| Service charges and fees on deposit accounts-Deposit Account | 6,065,000 | 5,855,000 | - | - |
| Increase in cash surrender value of life insurance | 410,000 | 1,316,000 | -265,000 | 793,500 |
| Net (loss) gain on sale of fixed assets | - | -19,000 | -2,000 | 945,750 |
| Realized gain (losses) on available-for-sale securities | - | - | - | 519,750 |
| Earnings on separate account life insurance | 608,000 | - | - | - |
| Net gain (loss) on sale of securities available-for-sale | - | 1,000 | 122,000 | -918,000 |
| Other income | 975,000 | 1,400,000 | 1,206,000 | 818,000 |
| Total noninterest income | 8,058,000 | 8,553,000 | 6,642,000 | 8,051,000 |
| Salaries and benefits | 12,827,000 | 12,544,000 | 13,003,000 | 12,973,000 |
| Occupancy and equipment costs | 3,234,000 | 3,142,000 | 2,978,000 | 3,113,500 |
| Other | 7,574,000 | 8,081,000 | 6,436,000 | 7,607,500 |
| Total noninterest expense | 23,635,000 | 23,767,000 | 22,417,000 | 23,694,000 |
| Income before taxes | 12,702,000 | 14,239,000 | 12,266,000 | 12,625,500 |
| Provision for income taxes | 3,003,000 | 3,606,000 | 3,165,000 | 2,778,500 |
| Net income | 9,699,000 | 10,633,000 | 9,101,000 | 9,847,000 |
| Earnings per share basic | 0.73 | 0.78 | 0.66 | 0.685 |
| Earnings per share diluted | 0.72 | 0.78 | 0.65 | 0.685 |
| Weighted average number of diluted shares outstanding | 13,470,658 | 13,637,252 | 13,916,341 | -7,160,555.5 |
| Weighted average number of shares outstanding basic | 13,361,594 | 13,563,910 | 13,820,008 | -7,101,958.5 |
SIERRA BANCORP (BSRR)
SIERRA BANCORP (BSRR)