Sierra Bancorp (BSRR)

Sierra Bancorp Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	172.35	96.79	86.71	99.25	96.18
Interest Income on Investments	-	66.33	35.11	13.83	14.06
Total Interest Income	172.35	163.12	121.82	113.08	110.24
Interest Paid on Deposits	52.32	31.55	6.82	2.39	3.95
Interest Paid on Borrowings	-	19.16	5.39	1.66	1.46
Total Interest Expense	52.32	50.72	12.2	4.05	5.41
Net Interest Income	120.03	112.41	109.62	109.03	104.84
Net Interest Income Growth (YoY)	6.78%	2.55%	0.54%	4.00%	7.67%
Gain (Loss) on Sale of Assets	3.78	15.27	-0.01	0.18	-
Gain (Loss) on Sale of Investments	-2.62	-14.4	1.41	0.34	-0.35
Other Non-Interest Income	6.18	6.42	6.27	5.25	14.74
Total Non-Interest Income	31.52	30.4	30.77	28.08	26.15
Non-Interest Income Growth (YoY)	3.69%	-1.20%	9.58%	7.38%	11.39%
Revenues Before Loan Losses	151.55	142.81	140.39	137.11	130.99
Provision for Loan Losses	4.79	3.68	10.67	-3.65	8.55
Revenue	146.76	139.12	129.72	140.76	122.44
Revenue Growth (YoY)	5.49%	7.25%	-7.84%	14.96%	3.50%
Salaries and Employee Benefits	50.34	49.23	45.77	41.44	39.49
Occupancy Expenses	-	7.66	7.52	7.64	2.03
Selling, General & Administrative	13.8	6.26	5.21	4.72	10.39
Other Non-Interest Expense	28.76	29.31	26.3	29.77	24
Total Non-Interest Expense	92.89	92.46	84.8	83.56	75.91
EBT Excluding Unusual Items	53.87	46.66	44.92	57.2	46.52
Other Unusual Items	-	-0.2	-	-	-
Pretax Income	53.87	46.46	44.92	57.2	46.52
Income Tax Expense	13.31	11.62	11.26	14.19	11.08
Net Income	40.56	34.84	33.66	43.01	35.44
Net Income to Common	40.56	34.84	33.66	43.01	35.44
Net Income Growth	16.40%	3.52%	-21.75%	21.35%	-1.44%
Basic Shares Outstanding	14	15	15	15	15
Diluted Shares Outstanding	14	15	15	15	15
Shares Change (YoY)	-2.32%	-1.90%	-2.15%	0.48%	-1.02%
EPS (Basic)	2.84	2.37	2.25	2.82	2.33
EPS (Diluted)	2.82	2.36	2.24	2.80	2.32
EPS Growth	19.49%	5.36%	-20.00%	20.69%	-0.43%
Dividend Per Share	0.940	0.920	0.920	0.870	0.800
Dividend Growth	2.17%	0%	5.75%	8.75%	8.11%
Effective Tax Rate	24.70%	25.01%	25.06%	24.80%	23.81%

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