Sierra Bancorp (BSRR)

Sierra Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	109	96.79	86.71	99.25	96.18	95.9
Interest Income on Investments	62.7	66.33	35.11	13.83	14.06	15.05
Total Interest Income	171.7	163.12	121.82	113.08	110.24	110.95
Interest Paid on Deposits	41.5	31.55	6.82	2.39	3.95	11.38
Interest Paid on Borrowings	12.65	19.16	5.39	1.66	1.46	2.2
Total Interest Expense	54.15	50.72	12.2	4.05	5.41	13.58
Net Interest Income	117.55	112.41	109.62	109.03	104.84	97.37
Net Interest Income Growth (YoY)	3.20%	2.55%	0.54%	4.00%	7.67%	5.38%
Gain (Loss) on Sale of Assets	19.07	15.27	-0.01	0.18	-	-
Gain (Loss) on Sale of Investments	-17.62	-14.4	1.41	0.34	-0.35	-2.05
Other Non-Interest Income	6.52	6.42	6.27	5.25	14.74	12.78
Total Non-Interest Income	32.05	30.4	30.77	28.08	26.15	23.48
Non-Interest Income Growth (YoY)	6.81%	-1.20%	9.58%	7.38%	11.39%	8.87%
Revenues Before Loan Losses	149.6	142.81	140.39	137.11	130.99	120.85
Provision for Loan Losses	5.91	3.68	10.67	-3.65	8.55	2.55
Revenue	143.69	139.12	129.72	140.76	122.44	118.3
Revenue Growth (YoY)	4.68%	7.25%	-7.84%	14.96%	3.50%	7.93%
Salaries and Employee Benefits	49.11	49.23	45.77	41.44	39.49	35.49
Occupancy Expenses	9.58	7.66	7.52	7.64	2.03	2.14
Selling, General & Administrative	5.82	6.26	5.21	4.72	10.39	10.76
Other Non-Interest Expense	29.46	29.31	26.3	29.77	24	22.17
Total Non-Interest Expense	93.97	92.46	84.8	83.56	75.91	70.56
EBT Excluding Unusual Items	49.72	46.66	44.92	57.2	46.52	47.74
Other Unusual Items	-0.2	-0.2	-	-	-	-
Pretax Income	49.52	46.46	44.92	57.2	46.52	47.72
Income Tax Expense	13.04	11.62	11.26	14.19	11.08	11.76
Net Income	36.49	34.84	33.66	43.01	35.44	35.96
Net Income to Common	36.49	34.84	33.66	43.01	35.44	35.96
Net Income Growth	2.29%	3.52%	-21.75%	21.35%	-1.44%	21.17%
Basic Shares Outstanding	14	15	15	15	15	15
Diluted Shares Outstanding	14	15	15	15	15	15
Shares Change (YoY)	-2.42%	-1.90%	-2.15%	0.48%	-1.02%	0.03%
EPS (Basic)	2.54	2.37	2.25	2.82	2.33	2.35
EPS (Diluted)	2.52	2.36	2.24	2.80	2.32	2.33
EPS Growth	4.47%	5.36%	-20.00%	20.69%	-0.43%	21.35%
Dividend Per Share	0.940	0.920	0.920	0.870	0.800	0.740
Dividend Growth	2.17%	0%	5.75%	8.75%	8.11%	15.63%
Effective Tax Rate	26.33%	25.01%	25.06%	24.80%	23.81%	24.64%

Source: S&P Capital IQ. Banks template. Financial Sources.