2017 Q2 Form 10-Q Financial Statement

#000114420417040735 Filed on August 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $19.06M $15.93M
YoY Change 19.59% 1.69%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $840.0K $660.0K
YoY Change 27.27% 17.86%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.215M $739.0K
YoY Change 64.41% 13.52%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $7.813M $6.054M
YoY Change 29.06% -12.53%
Income Tax $2.611M $1.968M
% Of Pretax Income 33.42% 32.51%
Net Earnings $5.202M $4.086M
YoY Change 27.31% -10.34%
Net Earnings / Revenue 27.3% 25.64%
Basic Earnings Per Share $0.38 $0.31
Diluted Earnings Per Share $0.37 $0.31
COMMON SHARES
Basic Shares Outstanding 13.83M shares 13.28M shares
Diluted Shares Outstanding 14.01M shares 13.39M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $77.18M $53.04M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $28.44M $22.45M
YoY Change 26.68% 0.69%
Goodwill $8.268M $6.908M
YoY Change 19.69% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.078B $1.843B
YoY Change 12.73% 6.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $93.70M
YoY Change -100.0% 700.85%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.30M $14.30M
YoY Change -20.98% 26.55%
LONG-TERM LIABILITIES
Long-Term Debt $34.50M $30.90M
YoY Change 11.65% -6.08%
Other Long-Term Liabilities $24.20M $20.00M
YoY Change 21.0% -2.44%
Total Long-Term Liabilities $58.70M $50.90M
YoY Change 15.32% -4.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.30M $14.30M
Total Long-Term Liabilities $58.70M $50.90M
Total Liabilities $1.862B $1.645B
YoY Change 13.19% 6.26%
SHAREHOLDERS EQUITY
Retained Earnings $127.6M
YoY Change 8.34%
Common Stock $62.83M
YoY Change -0.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $216.1M $198.3M
YoY Change
Total Liabilities & Shareholders Equity $2.078B $1.843B
YoY Change 12.73% 6.3%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $5.202M $4.086M
YoY Change 27.31% -10.34%
Depreciation, Depletion And Amortization $840.0K $660.0K
YoY Change 27.27% 17.86%
Cash From Operating Activities $2.360M $4.370M
YoY Change -46.0% -69.03%
INVESTING ACTIVITIES
Capital Expenditures -$120.0K -$880.0K
YoY Change -86.36% -29.6%
Acquisitions
YoY Change
Other Investing Activities -$89.25M -$67.24M
YoY Change 32.73% 1115.91%
Cash From Investing Activities -$89.36M -$68.12M
YoY Change 31.18% 904.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 71.40M 72.78M
YoY Change -1.9% -951.23%
NET CHANGE
Cash From Operating Activities 2.360M 4.370M
Cash From Investing Activities -89.36M -68.12M
Cash From Financing Activities 71.40M 72.78M
Net Change In Cash -15.60M 9.030M
YoY Change -272.76% -840.16%
FREE CASH FLOW
Cash From Operating Activities $2.360M $4.370M
Capital Expenditures -$120.0K -$880.0K
Free Cash Flow $2.480M $5.250M
YoY Change -52.76% -65.82%

Facts In Submission

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24098000 USD
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us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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us-gaap Financing Receivable Allowance For Credit Losses Recovery
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300000 USD
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9230000 USD
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1405000 USD
CY2017Q2 bsrr Financing Receivable Allowance For Credit Losses General Reserves
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7825000 USD
CY2017Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
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19337000 USD
CY2017Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
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1407000 USD
CY2016Q4 bsrr Financing Receivable Allowance For Credit Losses General Reserves
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8294000 USD
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20593000 USD
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1241938000 USD
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2077980000 USD
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2032873000 USD
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CY2017Q2 us-gaap Common Stock No Par Value
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0
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0
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24000000 shares
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24000000 shares
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13832549 shares
CY2016Q4 us-gaap Common Stock Shares Issued
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CY2016Q4 us-gaap Common Stock Shares Outstanding
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us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
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us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
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26240000 USD
us-gaap Interest Income Securities Taxable
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4149000 USD
us-gaap Interest Income Securities Taxable
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4199000 USD
us-gaap Interest Income Securities Tax Exempt
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1737000 USD
us-gaap Interest Income Securities Tax Exempt
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1460000 USD
us-gaap Dividend Income Operating
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11000 USD
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us-gaap Interest Income Federal Funds Sold And Securities Purchased Under Agreements To Resell
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32000 USD
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us-gaap Interest Expense Trust Preferred Securities
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us-gaap Interest Expense
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2235000 USD
us-gaap Interest Expense
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us-gaap Provision For Loan And Lease Losses
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34423000 USD
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us-gaap Fees And Commissions Depositor Accounts
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us-gaap Gain Loss On Sale Of Securities Net
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122000 USD
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us-gaap Noninterest Income Other Operating Income
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3898000 USD
us-gaap Noninterest Income
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10498000 USD
us-gaap Noninterest Income
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8868000 USD
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15138000 USD
us-gaap Labor And Related Expense
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13490000 USD
us-gaap Occupancy Net
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4555000 USD
us-gaap Occupancy Net
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3617000 USD
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11099000 USD
us-gaap Other Noninterest Expense
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10087000 USD
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us-gaap Income Tax Expense Benefit
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4062000 USD
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bsrr Book Value
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us-gaap Common Stock Dividends Per Share Cash Paid
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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13816576 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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13272903 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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14009485 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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13388664 shares
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198315000 USD
us-gaap Dividends
Dividends
3867000 USD
us-gaap Dividends
Dividends
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5778000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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4487000 USD
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66000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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2551000 USD
us-gaap Comprehensive Income Net Of Tax
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13064000 USD
us-gaap Comprehensive Income Net Of Tax
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10673000 USD
us-gaap Nature Of Operations
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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"><b><i><u><font style="FONT-SIZE: 10pt">Note 1 &#150; The Business of Sierra Bancorp</font></u></i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt">Sierra Bancorp (the &#8220;Company&#8221;) is a California corporation headquartered in Porterville, California, and is a registered bank holding company under federal banking laws. The Company was formed to serve as the holding company for Bank of the Sierra (the &#8220;Bank&#8221;), and has been the Bank&#8217;s sole shareholder since August 2001. The Company exists primarily for the purpose of holding the stock of the Bank and of such other subsidiaries it may acquire or establish. As of June 30, 2017, the Company&#8217;s only other subsidiaries were Sierra Statutory Trust II, Sierra Capital Trust III, and Coast Bancorp Statutory Trust II, which exist solely to facilitate the issuance of capital trust pass-through securities (&#8220;TRUPS&#8221;). Pursuant to the Financial Accounting Standards Board (&#8220;FASB&#8221;) standard on the consolidation of variable interest entities, these trusts are not reflected on a consolidated basis in the Company&#8217;s financial statements. References herein to the &#8220;Company&#8221; include Sierra Bancorp and its consolidated subsidiary, the Bank, unless the context indicates otherwise.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt">&#160;</font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt">Bank of the Sierra, a California state-chartered bank headquartered in Porterville, California, offers a full range of retail and commercial banking services in California&#8217;s South San Joaquin Valley, the Central Coast, Ventura County, and neighboring communities. The Bank was incorporated in September 1977, and opened for business in January 1978 as a one-branch bank with $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1.5</font> million in capital. Our growth in the ensuing years has largely been organic in nature, but includes three whole-bank acquisitions: Sierra National Bank in 2000, Santa Clara Valley Bank in 2014, and Coast National Bank in July of 2016. The Bank now operates <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 34</font> full-service branches, a loan production office, and an online branch, and maintains ATMs at all branch locations and seven non-branch locations. Our most recent branching activity occurred in the first quarter of 2017, with a de novo branch opened on California Avenue in Bakersfield and our Paso Robles branch relocated to a superior site in reasonably close proximity to the previous location. The Company plans to expand even further in the fourth quarter of 2017 with the acquisition of OCB Bancorp, the holding company for Ojai Community Bank, and the purchase of the Woodlake branch of Citizens Business Bank (see Note 13 to the financial statements, Recent Developments, for more details on the proposed acquisitions). We have also received regulatory approvals for a de novo branch in Pismo Beach, California, although the timing for that branch opening remains uncertain, and have plans to relocate our Fresno Herndon branch to a nearby location with easier access and better visibility. In addition to our stand-alone offices the Bank has specialized lending units which include a real estate industries center, an agricultural credit center, and an SBA lending unit. We were close to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2.1</font> billion in total assets as of June 30, 2017, and for the past several years have claimed the distinction of being the largest bank headquartered in the South San Joaquin Valley. The Bank&#8217;s deposit accounts, which totaled almost $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1.8</font> billion at June 30, 2017, are insured by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) up to maximum insurable amounts.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Interest Paid
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us-gaap Interest Paid
InterestPaid
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us-gaap Income Taxes Paid
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us-gaap Income Taxes Paid
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us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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99000 USD
us-gaap Proceeds From Sale Of Other Assets1
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us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
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235000 USD
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
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399000 USD
us-gaap Payments For Proceeds From Loans And Leases
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37321000 USD
us-gaap Payments For Proceeds From Loans And Leases
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CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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178983 shares
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
113015 shares
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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192909 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
115761 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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212700 shares
us-gaap Available For Sale Securities Gross Realized Gains
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106000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
160000 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
40000 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
38000 USD
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
66000 USD
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
122000 USD
CY2017Q2 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
296 pure
CY2016Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
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431 pure
CY2017Q2 bsrr Financing Receivable Modifications Post Modification Recorded Investment During Period
FinancingReceivableModificationsPostModificationRecordedInvestmentDuringPeriod
380000 USD
CY2016Q2 bsrr Financing Receivable Modifications Post Modification Recorded Investment During Period
FinancingReceivableModificationsPostModificationRecordedInvestmentDuringPeriod
1999000 USD
bsrr Financing Receivable Modifications Post Modification Recorded Investment During Period
FinancingReceivableModificationsPostModificationRecordedInvestmentDuringPeriod
708000 USD
bsrr Financing Receivable Modifications Post Modification Recorded Investment During Period
FinancingReceivableModificationsPostModificationRecordedInvestmentDuringPeriod
2581000 USD
CY2017Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
16100000 USD
bsrr Financing Receivable Average Investment Nonaccrual Loans
FinancingReceivableAverageInvestmentNonaccrualLoans
2400000 USD
CY2017Q2 bsrr Financing Receivable Modifications Pre Modification Recorded Investment During Period
FinancingReceivableModificationsPreModificationRecordedInvestmentDuringPeriod
380000 USD
CY2017Q2 bsrr Increase Decrease In Financing Receivable Modification
IncreaseDecreaseInFinancingReceivableModification
108000 USD
CY2017Q2 bsrr Financing Receivable Modifications Reserve
FinancingReceivableModificationsReserve
36000 USD
CY2016Q2 bsrr Financing Receivable Modifications Pre Modification Recorded Investment During Period
FinancingReceivableModificationsPreModificationRecordedInvestmentDuringPeriod
1999000 USD
CY2016Q2 bsrr Financing Receivable Modifications Reserve
FinancingReceivableModificationsReserve
169000 USD
bsrr Financing Receivable Modifications Pre Modification Recorded Investment During Period
FinancingReceivableModificationsPreModificationRecordedInvestmentDuringPeriod
708000 USD
bsrr Increase Decrease In Financing Receivable Modification
IncreaseDecreaseInFinancingReceivableModification
114000 USD
bsrr Financing Receivable Modifications Reserve
FinancingReceivableModificationsReserve
59000 USD
bsrr Financing Receivable Modifications Pre Modification Recorded Investment During Period
FinancingReceivableModificationsPreModificationRecordedInvestmentDuringPeriod
2581000 USD
bsrr Increase Decrease In Financing Receivable Modification
IncreaseDecreaseInFinancingReceivableModification
75000 USD
bsrr Financing Receivable Modifications Reserve
FinancingReceivableModificationsReserve
188000 USD
CY2017Q2 bsrr Purchase Credit Impaired Loans Allowance For Loan Losses
PurchaseCreditImpairedLoansAllowanceForLoanLosses
14000 USD
CY2016Q4 bsrr Purchase Credit Impaired Loans Allowance For Loan Losses
PurchaseCreditImpairedLoansAllowanceForLoanLosses
58000 USD
us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Accretion
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4000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
28000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
51000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
24000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
61000 USD
CY2017Q2 bsrr Federal Fund Purchased And Repurchase Agreements
FederalFundPurchasedAndRepurchaseAgreements
11296000 USD
CY2016Q4 bsrr Federal Fund Purchased And Repurchase Agreements
FederalFundPurchasedAndRepurchaseAgreements
8094000 USD
bsrr Increase In Fed Funds Purchased
IncreaseInFedFundsPurchased
0 USD
bsrr Increase In Fed Funds Purchased
IncreaseInFedFundsPurchased
4100000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
231000 USD
CY2017Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
19073000 USD
CY2017Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
16670000 USD
CY2017Q2 us-gaap Impaired Financing Receivable Related Allowance
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1405000 USD
CY2017Q2 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4721000 USD
CY2016Q2 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2790000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
17625000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
5395000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
20180000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
17846000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1407000 USD
CY2016 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
21463000 USD
CY2016 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
913000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
2964000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
2747000 USD
CY2016 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
4097000 USD
CY2016Q4 bsrr Impaired Financing Receivable With No Related Allowance Related Allowance
ImpairedFinancingReceivableWithNoRelatedAllowanceRelatedAllowance
0 USD
CY2016 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
128000 USD
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
466000 USD
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
20566000 USD
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
16000 USD
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
3532000 USD
CY2017Q2 bsrr Impaired Financing Receivable With No Related Allowance Related Allowance
ImpairedFinancingReceivableWithNoRelatedAllowanceRelatedAllowance
0 USD
CY2017Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
2667000 USD
CY2017Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
3003000 USD
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9588000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
965000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
307000 USD
CY2017Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
300000 USD
CY2017Q2 bsrr Impaired Financing Receivable With Specific Reserves
ImpairedFinancingReceivableWithSpecificReserves
1172000 USD
CY2016Q4 bsrr Impaired Financing Receivable With Specific Reserves
ImpairedFinancingReceivableWithSpecificReserves
1048000 USD
CY2017Q2 bsrr Percentage Of Impaired Loans With Appraisal
PercentageOfImpairedLoansWithAppraisal
0.99 pure
CY2017Q2 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
7825000 USD
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
18000 USD
CY2016Q2 us-gaap Share Based Compensation
ShareBasedCompensation
12000 USD
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
66000 USD
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
122000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
12000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-1000 USD

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