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Sierra Bancorp (BSRR) Misses Q3 EPS by 4c

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Sierra Bancorp Reports Earnings

October 24, 2016 8:00 AM EDT

PORTERVILLE, Calif., Oct. 24, 2016 /PRNewswire/ -- Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the quarter and the nine-month period ended September 30, 2016.  Sierra Bancorp recognized consolidated net income of $3.929 million for the third quarter of 2016.  Net interest income and non-interest income show favorable trends in recent periods, but due to non-recurring acquisition costs totaling $1.695 million that were recorded during the quarter, net income for the third quarter of 2016 is lower than in the second quarter, and is also down relative to the... More

Sierra Bancorp Declares Quarterly Cash Dividend

October 21, 2016 8:00 AM EDT

PORTERVILLE, Calif., Oct. 21, 2016 /PRNewswire/ -- Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.12 per share, the same as the dividend paid last quarter but 9% higher than the per-share dividend paid a year ago.  The dividend was approved subsequent to the Board's review of the Company's financial performance and capital strength for the quarter ended September 30, 2016.  It will be paid on November 17, 2016 to shareholders of record as of November 3,... More