---
schema_version: "secwatch.filing_event.v1"
accession: "0000356171-23-000041"
form_type: "8-K"
ticker: "TCBK"
cik: "0000356171"
company_name: "TRICO BANCSHARES /"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:30:41.424890+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TriCo Bancshares Q2 net income falls 31% QoQ to $24.9M; NIM compresses 25bp to 3.96%

## Summary
- Net income $24.9M, down 30.5% from $35.8M in Q1; diluted EPS $0.75 vs $1.07.
- Net interest margin fell 25bp to 3.96% as deposit costs rose 52bp QoQ to 0.83%.
- Provision for credit losses jumped to $9.65M from $4.2M; ACL-to-loans ratio rose to 1.80%.
- Nonperforming assets to total assets increased to 0.41% from 0.20% in Q1.
- Loans grew $98.3M (6.1% annualized); deposits increased $69.5M; no brokered deposits used.

## SEC filing metadata
- accession: 0000356171-23-000041
- form_type: 8-K
- ticker: TCBK
- cik: 0000356171
- company_name: TRICO BANCSHARES /
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356171/000035617123000041/0000356171-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356171/000035617123000041/tcbk-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000356171-23-000041
- JSON: https://secwatch.observer/filing/0000356171-23-000041.json
- Plain text: https://secwatch.observer/filing/0000356171-23-000041.txt

## Key facts
- Earnings Releases
  TRICO BANCSHARES / reported three and six month periods ended June 30, 2023 results: net income $24.9 million, EPS $0.75.
  - Period: three and six month periods ended June 30, 2023
  - Net income: $24.9 million
  - EPS: $0.75
  - Result: preliminary results
  source text: TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, today announced net income of $24.9 million for the quarter ended June 30, 2023, compared to $35.8 million during the trailing quarter ended March 31, 2023, and $31.4 million during the quarter ended June 30, 2022. Diluted earnings per share were $0.75 for the second quarter of 2023, compared to $1.07 for the first quarter of 2023 and $0.93 during the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356171/000035617123000041/0000356171-23-000041-index.htm

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