$BSRR
SIERRA BANCORP

2020 Q2 Form 10-Q Financial Statement

#000155837020009488 Filed on August 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $25.39M $27.79M $27.48M
YoY Change -8.64% 11.67% 17.07%
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 $1.040M $1.020M $754.0K
YoY Change 1.96% -0.97% -3.95%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.244M $3.589M $3.510M
YoY Change -65.34% 72.3% 104.55%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $10.81M $12.00M $11.73M
YoY Change -9.91% 12.82% 33.17%
Income Tax $2.506M $3.169M $2.832M
% Of Pretax Income 23.18% 26.41% 24.15%
Net Earnings $8.303M $8.829M $8.895M
YoY Change -5.96% 10.47% 32.56%
Net Earnings / Revenue 32.71% 31.77% 32.37%
Basic Earnings Per Share $0.55 $0.58 $0.58
Diluted Earnings Per Share $0.54 $0.57 $0.58
COMMON SHARES
Basic Shares Outstanding 15.19M 15.33M 15.31M
Diluted Shares Outstanding 15.24M 15.46M 15.45M

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $156.6M $67.79M
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 $27.78M $28.40M $28.90M
YoY Change -2.19% -5.9% -0.69%
Goodwill $27.36M
YoY Change
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 $3.100B $2.577B $2.539B
YoY Change 20.29% 6.25% 6.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $163.0M $24.20M $19.40M
YoY Change 573.55% 40.7% 51.56%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $41.40M $24.20M $19.40M
YoY Change 71.07% 40.7% 51.56%
LONG-TERM LIABILITIES
Long-Term Debt $35.00M $34.90M $34.80M
YoY Change 0.29% 0.58% 0.58%
Other Long-Term Liabilities $36.40M $33.60M $40.10M
YoY Change 8.33% 32.28% 41.7%
Total Long-Term Liabilities $71.40M $68.50M $74.90M
YoY Change 4.23% 13.98% 19.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $41.40M $24.20M $19.40M
Total Long-Term Liabilities $71.40M $68.50M $74.90M
Total Liabilities $2.783B $2.280B $2.255B
YoY Change 22.03% 5.31% 6.46%
SHAREHOLDERS EQUITY
Retained Earnings $195.1M $170.3M
YoY Change
Common Stock $116.1M $116.1M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $327.4M $296.9M $284.1M
YoY Change
Total Liabilities & Shareholders Equity $3.110B $2.577B $2.539B
YoY Change 20.68% 6.25% 6.98%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income $8.303M $8.829M $8.895M
YoY Change -5.96% 10.47% 32.56%
Depreciation, Depletion And Amortization $1.040M $1.020M $754.0K
YoY Change 1.96% -0.97% -3.95%
Cash From Operating Activities $11.48M $3.720M $14.97M
YoY Change 208.6% 20.39% 86.19%
INVESTING ACTIVITIES
Capital Expenditures -$70.00K -$240.0K $87.00K
YoY Change -70.83% -87.17% -78.88%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$387.1M -$32.70M -$9.920M
YoY Change 1083.85% 20.22% -79.76%
Cash From Investing Activities -$387.2M -$32.95M -$10.00M
YoY Change 1075.11% 13.39% -79.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 425.3M 28.94M -11.03M
YoY Change 1369.73% -39.16% -131.73%
NET CHANGE
Cash From Operating Activities 11.48M 3.720M 14.97M
Cash From Investing Activities -387.2M -32.95M -10.00M
Cash From Financing Activities 425.3M 28.94M -11.03M
Net Change In Cash 49.62M -290.0K -6.069M
YoY Change -17210.34% -101.34% -8.43%
FREE CASH FLOW
Cash From Operating Activities $11.48M $3.720M $14.97M
Capital Expenditures -$70.00K -$240.0K $87.00K
Free Cash Flow $11.55M $3.960M $14.88M
YoY Change 191.67% -20.16% 95.11%

Facts In Submission

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us-gaap Nature Of Operations
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">Note 1 – The Business of Sierra Bancorp</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="white-space:pre-wrap;">Sierra Bancorp (the “Company”) 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 “Bank”), and has been the Bank’s sole shareholder since August </span><span style="white-space:pre-wrap;">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, </span><span style="white-space:pre-wrap;">2020, the Company’s only other subsidiaries were Sierra Statutory Trust II, Sierra Capital Trust III, and Coast Bancorp Statutory Trust II, which were formed solely to facilitate the issuance of capital trust pass-through securities (“TRUPS”). Pursuant to the Financial Accounting Standards Board (“FASB”) standard on the consolidation of variable interest entities, these trusts are not reflected on a consolidated basis in the Company’s financial statements. References herein to the “Company” include Sierra Bancorp and its consolidated subsidiary, the Bank, unless the context indicates otherwise.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="white-space:pre-wrap;">Bank of the Sierra, a California state-chartered bank headquartered in Porterville, California, offers a wide range of retail and commercial banking services via branch offices located throughout California’s South San Joaquin Valley, the Central Coast, Ventura County, the Sacramento area, and neighboring communities. The Bank was incorporated in September 1977, and opened for business in January 1978 as a </span>one-branch bank with $1.5<span style="white-space:pre-wrap;"> million in capital. Our growth in the ensuing years has largely been organic in nature, but includes </span>four<span style="white-space:pre-wrap;"> whole-bank acquisitions: Sierra National Bank in 2000, Santa Clara Valley Bank in 2014, Coast National Bank in 2016, and Ojai Community Bank in October </span><span style="white-space:pre-wrap;">2017. As of the filing date of this report the Bank operates </span>40<span style="white-space:pre-wrap;"> full service branches and an online branch, and maintains ATMs at all but one of our branch locations as well as seven non-branch locations. Moreover, the Bank has specialized lending units which focus on agricultural borrowers, SBA loans, and mortgage warehouse lending. In addition, the bank opened a loan production office in Rocklin, CA in February 2020. The Company had total assets of </span>$3.1 billion at June 30, 2020, and for a number of <span style="white-space:pre-wrap;">years we have claimed the distinction of being the largest bank headquartered in the South San Joaquin Valley. The Bank’s deposit accounts, which totaled </span>$2.5 billion at June 30, 2020, are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to maximum insurable amounts.</p>
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433000
CY2019Q2 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
33000
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
433000
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
127000
CY2020Q2 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
43000
CY2019Q2 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
11000
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
43000
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
99000
CY2020Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
390000
CY2019Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
22000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
390000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
28000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearAmortizedCostBasis
4362000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearFairValue
4388000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
7834000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
8104000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
29485000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
30823000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
169854000
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
180533000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
33805000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
34881000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
136057000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
141114000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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592378000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
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2212097000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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1762565000
CY2020Q2 us-gaap Foreclosed Assets
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CY2019Q4 us-gaap Foreclosed Assets
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5800000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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5700000
CY2020Q2 us-gaap Financing Receivable Recorded Investment Past Due
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CY2020Q2 us-gaap Financing Receivable Recorded Investment Current
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2212097000
CY2020Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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5808000
CY2020Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
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0
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
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CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
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1762565000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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5737000
CY2019Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
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0
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FinancingReceivableModificationsRecordedInvestment
10000000
bsrr Financing Receivable Average Investment Nonaccrual Loans
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800000
CY2020Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1616000
CY2019Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
368000
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1954000
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
571000
CY2020Q2 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1617000
CY2020Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1616000
CY2020Q2 bsrr Increase Decrease In Financing Receivable Modification
IncreaseDecreaseInFinancingReceivableModification
59000
CY2020Q2 bsrr Financing Receivable Modifications Reserve
FinancingReceivableModificationsReserve
69000
CY2019Q2 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
368000
CY2019Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
368000
CY2019Q2 bsrr Increase Decrease In Financing Receivable Modification
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CY2019Q2 bsrr Financing Receivable Modifications Reserve
FinancingReceivableModificationsReserve
48000
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1955000
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1954000
bsrr Increase Decrease In Financing Receivable Modification
IncreaseDecreaseInFinancingReceivableModification
59000
bsrr Financing Receivable Modifications Reserve
FinancingReceivableModificationsReserve
69000
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
571000
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
571000
bsrr Increase Decrease In Financing Receivable Modification
IncreaseDecreaseInFinancingReceivableModification
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bsrr Financing Receivable Modifications Reserve
FinancingReceivableModificationsReserve
50000
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
CY2020Q2 bsrr Purchase Credit Impaired Loans Allowance For Loan Losses
PurchaseCreditImpairedLoansAllowanceForLoanLosses
0
CY2019Q4 bsrr Purchase Credit Impaired Loans Allowance For Loan Losses
PurchaseCreditImpairedLoansAllowanceForLoanLosses
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us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Accretion
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0
CY2020Q2 bsrr Impaired Financing Receivable With Specific Reserves
ImpairedFinancingReceivableWithSpecificReserves
700000
CY2019Q4 bsrr Impaired Financing Receivable With Specific Reserves
ImpairedFinancingReceivableWithSpecificReserves
600000
CY2020Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
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10982000
CY2020Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
10752000
CY2020Q2 us-gaap Impaired Financing Receivable Related Allowance
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1359000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
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10972000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
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202000
CY2020Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
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4398000
CY2020Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
4249000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
4394000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
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CY2020Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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CY2020Q2 us-gaap Impaired Financing Receivable Recorded Investment
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CY2020Q2 us-gaap Impaired Financing Receivable Related Allowance
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CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
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CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
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CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
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CY2019 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
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CY2019 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
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503000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
6121000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
4688000
CY2019 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
6684000
CY2019 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
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CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
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CY2019Q4 bsrr Impaired Financing Receivable Recorded Related Allowance
ImpairedFinancingReceivableRecordedRelatedAllowance
827000
CY2019 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
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CY2019 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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527000
CY2020Q2 bsrr Percentage Of Impaired Loans With Appraisal
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12200000
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
11453000
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
353000
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
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CY2020Q2 us-gaap Provision For Loan Lease And Other Losses
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2200000
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
13560000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
995000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
632000
us-gaap Provision For Loan Lease And Other Losses
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CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
13560000
CY2020Q2 bsrr Financing Receivable Allowance For Credit Losses Specific Reserves
FinancingReceivableAllowanceForCreditLossesSpecificReserves
1359000
CY2020Q2 bsrr Financing Receivable Allowance For Credit Losses General Reserves
FinancingReceivableAllowanceForCreditLossesGeneralReserves
12201000
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
13560000
CY2020Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
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15001000
CY2020Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
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2197096000
CY2020Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
4873000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
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CY2019 us-gaap Provision For Loan Lease And Other Losses
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CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2019Q4 bsrr Financing Receivable Allowance For Credit Losses Specific Reserves
FinancingReceivableAllowanceForCreditLossesSpecificReserves
827000
CY2019Q4 bsrr Financing Receivable Allowance For Credit Losses General Reserves
FinancingReceivableAllowanceForCreditLossesGeneralReserves
9096000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9923000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
14153000
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1748412000
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LoansAndLeasesReceivableGrossCarryingAmount
1762565000
CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
816000
CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
861000
CY2019Q2 us-gaap Provision For Loan Lease And Other Losses
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CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9883000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1946000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1379000
us-gaap Provision For Loan Lease And Other Losses
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CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9883000
CY2019Q2 bsrr Financing Receivable Allowance For Credit Losses Specific Reserves
FinancingReceivableAllowanceForCreditLossesSpecificReserves
1322000
CY2019Q2 bsrr Financing Receivable Allowance For Credit Losses General Reserves
FinancingReceivableAllowanceForCreditLossesGeneralReserves
8561000
CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9883000
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FinancingReceivableIndividuallyEvaluatedForImpairment
13366000
CY2019Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
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1764533000
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CY2020Q2 bsrr Number Of Atm Locations
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us-gaap Operating Lease Expense
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CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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2020000
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
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CY2020Q2 us-gaap Operating Lease Liability
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CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due
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CY2019Q2 bsrr Income Loss From Investment In Limited Party Partnership
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bsrr Income Loss From Investment In Limited Party Partnership
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bsrr Income Loss From Investment In Limited Party Partnership
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us-gaap Investment Income Dividend
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us-gaap Investment Income Dividend
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406000
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447000
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232000
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CY2019Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
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390000
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CY2020Q2 bsrr Revenue Not From Contract With Customer Excluding Interest Income Other Income
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CY2019Q2 bsrr Revenue Not From Contract With Customer Excluding Interest Income Other Income
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1038000
bsrr Revenue Not From Contract With Customer Excluding Interest Income Other Income
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2995000
bsrr Revenue Not From Contract With Customer Excluding Interest Income Other Income
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us-gaap Noninterest Income
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us-gaap Occupancy Net
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bsrr Gains Losses On Sales Of Other Real Estate Owned
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37000
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CY2019Q2 bsrr Non Interest Expense Others
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bsrr Non Interest Expense Others
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bsrr Non Interest Expense Others
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CY2020Q2 us-gaap Noninterest Expense
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CY2019Q2 us-gaap Noninterest Expense
NoninterestExpense
17656000
us-gaap Noninterest Expense
NoninterestExpense
35851000
us-gaap Noninterest Expense
NoninterestExpense
35509000

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