---
schema_version: "secwatch.filing_event.v1"
accession: "0000356171-23-000026"
form_type: "8-K"
ticker: "TCBK"
cik: "0000356171"
company_name: "TRICO BANCSHARES /"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:00:20.000841+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TriCo Bancshares Q1 net income $35.8M, EPS $1.07; deposits decline 3.6% QoQ

## Summary
- Net income $35.8M vs $36.3M QoQ and $20.4M YoY; diluted EPS $1.07 vs $1.09 QoQ and $0.67 YoY.
- Net interest margin 4.21%, down 13 bps QoQ; deposit cost 0.25% (cycle-to-date beta 4.42%).
- Deposits fell $303M (-3.6% QoQ) to $8.03B; loan-to-deposit ratio rose to 80.0% from 77.4%.
- Non-PPP loans grew 10.8% YoY to $6.42B; credit quality strong with NPAs 0.20% of assets.
- Primary liquidity $4.41B (54.9% of deposits); no brokered deposits used.

## SEC filing metadata
- accession: 0000356171-23-000026
- form_type: 8-K
- ticker: TCBK
- cik: 0000356171
- company_name: TRICO BANCSHARES /
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356171/000035617123000026/0000356171-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356171/000035617123000026/tcbk-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000356171-23-000026
- JSON: https://secwatch.observer/filing/0000356171-23-000026.json
- Plain text: https://secwatch.observer/filing/0000356171-23-000026.txt

## Key facts
- Earnings Releases
  TRICO BANCSHARES / reported first quarter 2023 results: net income $35.8 million, EPS $1.07.
  - Period: first quarter 2023
  - Net income: $35.8 million
  - EPS: $1.07
  - Result: preliminary results
  source text: TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, today announced net income of $35.8 million for the quarter ended March 31, 2023, compared to $36.3 million during the trailing quarter ended December 31, 2022, and $20.4 million during the quarter ended March 31, 2022. Diluted earnings per share were $1.07 for the first quarter of 2023, compared to $1.09 for the fourth quarter of 2022 and $0.67 during the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356171/000035617123000026/0000356171-23-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.