secwatch.observer — SEC 8-K summary
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Issuer:     TRICO BANCSHARES / (TCBK)
CIK:        0000356171
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0000356171-22-000057
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TriCo Bancshares Q3 net income $37.3M ($1.12 EPS), NIM expands to 4.02%
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- Net income $37.3M, up 19% QoQ and 36% YoY; diluted EPS $1.12 vs $0.93 Q2 and $0.92 Q3 2021.
- Net interest margin (FTE) 4.02%, up 35 bps QoQ and 52 bps YoY; core NIM (ex-accretion/PPP) improved to 3.98%.
- Organic loan growth $216.7M (14.2% annualized) led by commercial real estate; loan-to-deposit ratio 72.9%.
- Efficiency ratio improved to 49.6% from 55.5% in Q2; noninterest expenses relatively flat QoQ.
- Dividend increased to $0.30/share, up 20% from $0.25 prior; tangible book value $19.92.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356171/000035617122000057/0000356171-22-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356171/000035617122000057/tcbk-20221026.htm
  HTML page:      https://secwatch.observer/filing/0000356171-22-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer