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BSRR (Sierra Bancorp) Credit Losses Provision : $6.7 Mil (As of Mar. 2025)


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What is Sierra Bancorp Credit Losses Provision?

Sierra Bancorp's credit losses provision for the three months ended in Mar. 2025 was $2.1 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was $6.7 Mil.

Sierra Bancorp's quarterly credit losses provision increased from Sep. 2024 ($1.4 Mil) to Dec. 2024 ($2.4 Mil) but then declined from Dec. 2024 ($2.4 Mil) to Mar. 2025 ($2.1 Mil).

Sierra Bancorp's annual credit losses provision declined from Dec. 2022 ($10.6 Mil) to Dec. 2023 ($3.7 Mil) but then increased from Dec. 2023 ($3.7 Mil) to Dec. 2024 ($4.8 Mil).


Sierra Bancorp Credit Losses Provision Historical Data

The historical data trend for Sierra Bancorp's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sierra Bancorp Credit Losses Provision Chart

Sierra Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.55 -3.65 10.60 3.73 4.79

Sierra Bancorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.90 1.36 2.41 2.07

Sierra Bancorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sierra Bancorp Business Description

Traded in Other Exchanges
N/A
Address
86 North Main Street, P.O. Box 1930, Porterville, CA, USA, 93257
Sierra Bancorp is a California-based bank holding company, which offers a range of retail and commercial banking services. it offers a wide range of deposit products and services for individuals and businesses including checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's lending activities cover real estate, commercial (including small business), mortgage warehouse, agricultural and consumer loans, and also offers commercial construction loans and multifamily and agricultural credit facilities among other types of real estate loans.
Executives
Vonn R Christenson director 86 N MAIN STREET, PORTERVILLE CA 93257
Michele M Gil director 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Michael Olague officer: EVP/Chief Banking Officer 86 N MAIN STREET, PORTERVILLE CA 93257
Julie G Castle director 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Morris A Tharp director 86 N MAIN ST, PORTERVILLE CA 93257
Albert L Berra director 721 W OLIVE AVENUE, PORTERVILLE CA 93257
Cindy L Dabney officer: SVP/Chief Accounting Officer 86 NORTH MAIN STREET, PORTERVILLE CA 93257
James C Holly director
Kevin J Mcphaill officer: President/CEO 86 N MAIN STREET, PORTERVILLE CA 93257
Susan M Abundis director 86 NORTH MAIN STREET, POTERVILLE CA 93257
Natalia M Coen officer: EVP/CRO 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Laurence S Dutto director 86 N MAIN STREET, PORTERVILLE CA 93257
Gordon T Woods director 200 E HENDERSON, PORTERVILLE CA 93258
Ermina Karim director 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Lynda Scearcy director 86 N. MAIN STREET, PORTERVILLE CA 93257