Sierra Bancorp is the holding company for Bank of the Sierra, which is in its 44th year of operations and is the largest independent bank headquartered in the South San Joaquin Valley. Bank of the Sierra is a community-centric regional bank, which offers a broad range of retail and commercial banking services through full-service branches located within the counties of Tulare, Kern, Kings, Fresno, Los Angeles, Ventura, San Luis Obispo, and Santa Barbara. The Bank also maintains an online branch and provides specialized lending services through an agricultural credit center, an SBA center, and a dedicated loan production office in Rocklin, California. In 2020, Bank of the Sierra was recognized as one of the strongest and top-performing community banks in the country, with a 5-star rating from Bauer Financial.
Company profile
Ticker
BSRR
Exchange
Website
CEO
Kevin J. McPhaill
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
330937517
BSRR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
20 Jan 23
8-K
Sierra Bancorp Declares Quarterly Cash Dividend
20 Jan 23
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Regulation FD Disclosure
31 Oct 22
8-K
Sierra Bancorp Reports Financial Results for Third Quarter and First Nine Months of 2022
24 Oct 22
8-K
Sierra Bancorp Announces Share Repurchase Program and Declares Quarterly Cash Dividend
21 Oct 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
Regulation FD Disclosure
1 Aug 22
8-K
Sierra Bancorp Reports Financial Results for Second Quarter and First Six Months of 2022
25 Jul 22
8-K
Sierra Bancorp Declares Quarterly Cash Dividend
22 Jul 22
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 86.68 mm | 86.68 mm | 86.68 mm | 86.68 mm | 86.68 mm | 86.68 mm |
| Cash burn (monthly) | 25.06 mm | 27.97 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 97.97 mm | 109.33 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -11.28 mm | -22.65 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -0.5 | -0.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
50.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 75 |
| Opened positions | 3 |
| Closed positions | 13 |
| Increased positions | 26 |
| Reduced positions | 22 |
| 13F shares | Current |
|---|---|
| Total value | 149.12 mm |
| Total shares | 7.55 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 1.25 mm | $24.63 mm |
| Dimensional Fund Advisors | 1.08 mm | $21.39 mm |
| Vanguard | 661.01 k | $13.05 mm |
| Private Management | 543.11 k | $10.73 mm |
| Fourthstone | 355.71 k | $7.03 mm |
| AMP Ameriprise Financial | 341.57 k | $6.75 mm |
| Manufacturers Life Insurance Company, The | 336.02 k | $6.64 mm |
| Renaissance Technologies | 254.06 k | $5.02 mm |
| NTRS Northern Trust | 246.94 k | $4.88 mm |
| Geode Capital Management | 243.01 k | $4.80 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 19 Nov 22 | Cindy L Dabney | Common Stock | Payment of exercise | Dispose F | No | No | 21.32 | 64 | 1.36 k | 488 |
| 19 Nov 22 | Hugh F Boyle | Common Stock | Payment of exercise | Dispose F | No | No | 21.32 | 229 | 4.88 k | 26,629 |
| 18 Nov 22 | Albert L Berra | Common Stock | Grant | Acquire A | No | No | 0 | 1,876 | 0.00 | 6,313 |
| 18 Nov 22 | Hugh F Boyle | Common Stock | Grant | Acquire A | No | No | 0 | 3,517 | 0.00 | 21,582 |
| 18 Nov 22 | Hugh F Boyle | Common Stock | Grant | Acquire A | No | No | 0 | 5,276 | 0.00 | 26,858 |
| 18 Nov 22 | Julie G Castle | Common Stock | Grant | Acquire A | No | No | 0 | 1,876 | 0.00 | 2,980 |
| 18 Nov 22 | Laurence S Dutto | Common Stock | Grant | Acquire A | No | No | 0 | 1,876 | 0.00 | 6,313 |