secwatch.observer — SEC 8-K summary
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Issuer:     SIERRA BANCORP (BSRR)
CIK:        0001130144
Form:       8-K
Filed at:   2025-01-27T23:59:59+00:00
Accession:  0001558370-25-000431
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sierra Bancorp Q4 net income $10.4M ($0.72 EPS), up 65% YoY; FY net income $40.6M
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- Q4 net income $10.4M ($0.72 diluted EPS) vs $6.3M ($0.43) in Q4 2023; full-year $40.6M ($2.82) vs $34.8M ($2.36).
- Net interest margin expanded 34 bps to 3.65%; loans grew 12% YoY to $2.33B; deposits up 5% to $2.89B.
- Board increased quarterly dividend to $0.25/share (up $0.01), marking 104th consecutive quarterly dividend.
- Repurchased 229,850 shares in Q4 at avg $29.38; additional 112,896 shares through Jan 23, 2025.
- Tangible book value per share rose to $23.15 from $20.91 a year ago; Community Bank Leverage Ratio 11.80%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130144/000155837025000431/0001558370-25-000431-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130144/000155837025000431/bsrr-20250127x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-000431

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