10-Q quarterly report · filed May 1, 2026

SIERRA BANCORP (BSRR) Q1 2026 10-Q Quarterly Report

Short answer

SIERRA BANCORP (BSRR) filed its Q1 2026 10-Q quarterly report on May 1, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $41M (down 0.6% year over year) with net income of $13M.

Q1 2026 key financials · XBRL

Revenue
$41M
−0.6% YoY
Net income
$13M
+37.6% YoY
EPS (diluted)
$0.96
+47.7% YoY

Source: XBRL data from the SIERRA BANCORP (BSRR) Q1 2026 10-Q on SEC EDGAR. USD.

SIERRA BANCORP Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net income $12.5M, up $3.4M or 38% YoY from $9.1M
  • Net interest income $30.6M, up 2% YoY; net interest margin 3.75% vs 3.74%
  • Mortgage warehouse lines strongest growth, average balances $414.3M vs $313.3M; agricultural loans weakest, $62.8M vs $76.3M
  • Assets $3.8B, down $74.8M; deposits $2.9B, up $49.3M year-to-date
  • $9.5M share repurchases and $3.4M dividends; headwinds included lower asset yields and interest-rate, liquidity, and credit risks

Risk Factors

  • No material changes to 2025 Form 10-K risk factors
  • Carried-forward risks remained unchanged during the quarter
  • No newly triggered regulatory, legal, compliance, operational, competitive, or financial risk disclosed

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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