Sierra Bancorp (BSRR) Misses Q2 EPS by 1c
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July 20, 2015 7:55 AM EDT
PORTERVILLE, Calif., July 20, 2015 /PRNewswire/ -- Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the quarter and the six-month period ended June 30, 2015. Sierra Bancorp recognized net income of $4.557 million for the second quarter of 2015, an improvement of $320,000, or 8%, relative to the second quarter of 2014. The increase in net income is the result of higher net interest income driven by a large increase in average interest-earning assets, a lower loan loss provision, and improvement in non-interest income, partially offset by higher overhead... More
July 17, 2015 7:55 AM EDT
PORTERVILLE, Calif., July 17, 2015 /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 $0.11 per share. This is 10% higher than the Company's previous quarterly dividend per share, and represents a 22% increase relative to the dividend paid a year ago. The dividend was approved subsequent to the Board's review of the Company's financial results for the quarter and the six months ended June 30, 2015, which reflect continued capital... More
