{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-006471","form_type":"8-K","ticker":"BSRR","cik":"0001130144","company_name":"SIERRA BANCORP","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.018169+00:00","generated_at":"2026-06-16T18:23:01.794118+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sierra Bancorp Q1 net income $8.8M ($0.58 EPS); NPA ratio drops to 0.05%","bullets":["Net income $8.75M ($0.58 diluted EPS) vs. $7.4M ($0.49) in Q1 2022; ROAA 0.97% vs 0.88%.","Nonperforming assets fell 97% YoY to $0.9M, or 0.05% of gross loans; charge-offs $0.2M.","Deposits increased $102.8M (16% annualized) to $2.95B; noninterest-bearing deposits 35% of total.","Declared $0.23/share dividend payable May 15, 2023; repurchased 146,418 shares for $2.7M.","Tangible book value per share up 2% to $18.44; Community Bank Leverage ratio 10.74%."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-006471","json":"https://secwatch.observer/filing/0001558370-23-006471.json","markdown":"https://secwatch.observer/filing/0001558370-23-006471.md","text":"https://secwatch.observer/filing/0001558370-23-006471.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1130144/000155837023006471/0001558370-23-006471-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1130144/000155837023006471/bsrr-20230424x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T18:23:01.794118+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d9e0118d2b8c73c00027c6813184a86bc58ddb71","claim":"SIERRA BANCORP reported the quarter ended March 31, 2023 results: net income $8.8 million, EPS $0.58 per diluted share.","evidence_excerpt":"Sierra Bancorp reported consolidated net income of $8.8 million, or $0.58 per diluted share, for the first quarter of 2023 compared to $7.4 million, or $0.49 per diluted share, in the first quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1130144/000155837023006471/0001558370-23-006471-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$8.8 million"},{"label":"EPS","value":"$0.58 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}