secwatch.observer — SEC 8-K summary
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Issuer:     SIERRA BANCORP (BSRR)
CIK:        0001130144
Form:       8-K
Filed at:   2026-07-27T13:15:18+00:00
Accession:  0001104659-26-086884
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sierra Bancorp Q2 2026 net income $9.9M ($0.77 EPS); YTD EPS up 20% to $1.72
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- Q2 net income $9.9M ($0.77 diluted EPS) vs $10.6M ($0.78) a year ago; YTD net income $22.4M ($1.72) vs $19.7M ($1.43).
- Net interest margin improved to 3.75% (YTD) from 3.71%; efficiency ratio improved to 57.70% from 60.00%.
- Total deposits grew $54.6M (+2%) from Dec 31, 2025; noninterest-bearing deposits 35% of total; cost of deposits fell to 1.11%.
- Tangible book value per share rose to $26.19 from $23.42 at Dec 31, 2025; Community Bank Leverage Ratio 12.25%.
- Repurchased 396,429 shares in H1 2026; declared $0.27 dividend payable Aug 10, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130144/000110465926086884/0001104659-26-086884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130144/000110465926086884/bsrr-20260727x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-086884

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