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Sierra Bancorp BSRR Bank Owned Life Insurance

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Other financials

Income statement

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Revenue$38.6M+5.0%
Net income$12.5M+37.6%
EPS (diluted)$0.96+47.7%

Balance sheet

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Cash & equivalents$156.4M-2.1%
Total debt$49.5M+0.2%
Total equity$363.7M+3.4%
Total assets$3.8B+4.1%

Cash flow

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Operating cash flow$11.1M-72.8%
CapEx$83.0K-78.4%
Free cash flow$11.0M-72.7%

Valuation

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Market cap$528.66M+39.8%
Enterprise value$421.79M+57.4%
P/E11.6×+2.2×
P/S3.4×+0.9×

Profitability

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Net margin29.1%+2.4pp
FCF margin59.4%+26.1pp

Returns & leverage

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Return on equity12.8%+1.2pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Sierra Bancorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The official record: Sierra Bancorp’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sierra Bancorp's bank owned life insurance?
Sierra Bancorp (BSRR) reported bank owned life insurance of $68.69M in Q1 2026.
How has Sierra Bancorp's bank owned life insurance changed year-over-year?
Sierra Bancorp's bank owned life insurance increased by 30.4% year-over-year, from $52.66M to $68.69M.
What is the long-term trend for Sierra Bancorp's bank owned life insurance?
Over 5 years (2020 to 2025), Sierra Bancorp's bank owned life insurance has grown at a 5.7% compound annual growth rate (CAGR), from $52.54M to $69.28M.
What does bank owned life insurance mean?
This represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees. It serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit plans and provide long-term capital growth.