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Sierra Bancorp BSRR Allowances For Credit Losses On Unfunded Loan Commitments

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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 bsrr:AllowancesForCreditLossesOnUnfundedLoanCommitments.

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 allowances for credit losses on unfunded loan commitments?
Sierra Bancorp (BSRR) reported allowances for credit losses on unfunded loan commitments of $660K in Q1 2026.
How has Sierra Bancorp's allowances for credit losses on unfunded loan commitments changed year-over-year?
Sierra Bancorp's allowances for credit losses on unfunded loan commitments decreased by 19.5% year-over-year, from $820K to $660K.
What is the long-term trend for Sierra Bancorp's allowances for credit losses on unfunded loan commitments?
Over 4 years (2021 to 2025), Sierra Bancorp's allowances for credit losses on unfunded loan commitments has grown at a 36.8% compound annual growth rate (CAGR), from $203K to $710K.
What does allowances for credit losses on unfunded loan commitments mean?
This represents the estimated liability for potential credit losses associated with off-balance sheet loan commitments, such as unused lines of credit or letters of credit. It reflects management's assessment of the risk that borrowers may default on future funding requests under existing agreements. A robust allowance indicates a conservative approach to risk management and helps ensure the bank maintains adequate reserves against potential future credit exposure.