secwatch.observer — SEC 8-K summary
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Issuer:     TRICO BANCSHARES / (TCBK)
CIK:        0000356171
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000356171-24-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TriCo Bancshares Q1 net income $27.7M ($0.83 EPS); deposits grow 7.8% annualized
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- Net income of $27.7M vs $26.1M in prior quarter; diluted EPS $0.83 vs $0.78.
- Total deposits increased $153.6M (7.8% annualized) to $7.99B; loan-to-deposit ratio 85.1%.
- Net interest margin narrowed 13 bps to 3.68%; efficiency ratio improved to 57.36%.
- Non-performing loans rose to $34.2M (0.37% of assets) from $31.9M; ACL at 1.83% of loans.
- Quarterly dividend raised to $0.33/share from $0.30, a 10% increase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356171/000035617124000018/0000356171-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356171/000035617124000018/tcbk-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000356171-24-000018

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