Sierra Bancorp (BSRR) Reports Q4 EPS of $0.40

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Go back to Sierra Bancorp (BSRR) Reports Q4 EPS of $0.40

Sierra Bancorp Reports Earnings

January 25, 2016 10:52 AM EST

PORTERVILLE, Calif., Jan. 25, 2016 /PRNewswire/ -- Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the quarter and the year ended December 31, 2015.  Sierra Bancorp recognized net income of $18.067 million for the year in 2015, an improvement of $2.827 million, or 19%, relative to net income in 2014.  The increase over the prior year is the result of substantially higher net interest income driven by higher interest-earning assets and an increase in non-recurring interest income, a growing level of non-interest income, and a reduced loan loss... More