BSRR

Sierra Bancorp is a bank holding company headquartered in Porterville, California, operating through its wholly owned subsidiary Bank of the Sierra. The bank provides comprehensive commercial banking services to businesses, professionals, and individuals primarily in California's San Joaquin Valley and surrounding areas. Founded in 1977, Bank of the Sierra has established a strong community banking franchise serving agricultural, commercial, and residential markets throughout its California footprint. Bank of the Sierra specializes in commercial real estate lending, agricultural loans, commercial and industrial loans, construction financing, business lines of credit, and residential mortgages. The agricultural lending expertise is particularly significant given the bank's geographic focus in California's Central Valley, one of the world's most productive agricultural regions. The bank serves diverse agricultural sectors including tree crops, row crops, livestock operations, and agricultural processing and distribution businesses. The loan portfolio reflects significant exposure to agriculture and commercial real estate. On the deposit side, Bank of the Sierra offers checking and savings accounts, money market accounts, certificates of deposit, and digital banking services. The bank serves markets throughout California's Central Valley and surrounding regions including Fresno, Kern, Kings, Tulare, Madera, Merced, and other counties, operating through multiple branch locations. Sierra Bancorp differentiates through agricultural lending expertise, deep relationships with farming communities, understanding of agricultural cycles and credit risks, relationship banking approach, and local decision-making. The bank has maintained strong asset quality considering agricultural exposure, solid capital ratios, and consistent profitability. The company competes against larger regional and national banks, agricultural lenders, and community banks. Sierra Bancorp generates net interest income from lending operations and fee income from deposit services and loan activities. Success depends on agricultural market conditions, managing sector-specific credit risks, maintaining strong relationships with farming and business communities, prudent underwriting, managing interest rate risk, and adapting to evolving banking technology and customer expectations while preserving community bank values serving California's agricultural heartland.