---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-005624"
form_type: "8-K"
ticker: "BSRR"
cik: "0001130144"
company_name: "SIERRA BANCORP"
filed_at: "2025-04-28T23:59:59+00:00"
generated_at: "2026-05-23T04:43:31.660180+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sierra Bancorp Q1 2025 EPS $0.65; NIM 3.74%, efficiency ratio improves to 60.62%

## Summary
- Net income $9.1M ($0.65 diluted) vs $9.3M ($0.64) in Q1 2024; EPS up 1.6% YoY.
- Net interest margin 3.74% vs 3.62% YoY; efficiency ratio 60.62% vs 65.97%.
- Loan growth ex-warehouse +$18.6M (4% annualized); brokered deposits reduced $85M.
- Tangible book value $23.44/share (+1% QoQ); repurchased 476,770 shares at avg $29.71.
- Declared $0.25 dividend payable May 15, 2025.

## SEC filing metadata
- accession: 0001558370-25-005624
- form_type: 8-K
- ticker: BSRR
- cik: 0001130144
- company_name: SIERRA BANCORP
- filed_at: 2025-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130144/000155837025005624/0001558370-25-005624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130144/000155837025005624/bsrr-20250428x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-005624
- JSON: https://secwatch.observer/filing/0001558370-25-005624.json
- Plain text: https://secwatch.observer/filing/0001558370-25-005624.txt

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