← SIERRA BANCORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $17.6m $19.5m $29.7m $36.0m $35.4m $43.0m $33.7m $34.8m $40.6m $42.3m
Net Income (Loss) Available to Common Stockholders, Basic — — — — — $43.0m $33.7m $34.8m $40.6m $42.3m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — $29.7m $36.0m $35.4m $43.0m $33.7m $34.8m $40.6m $42.3m
Depreciation, Depletion and Amortization $2.6m $3.0m $3.2m $3.0m $3.0m $3.2m $2.5m $2.4m $2.1m $2.1m
Depreciation, Amortization and Accretion, Net $2.5m $779k ($1.6m) ($1.0m) ($663k) ($411k) ($279k) ($311k) ($170k) ($206k)
Amortization $7.1m $6.7m $5.5m — — — — — — —
Amortization of Debt Issuance Costs and Discounts — — — $4.4m $4.8m $4.9m $3.5m $2.9m $1.0m $90k
Amortization of Intangible Assets $272k $508k $1.0m $1.1m $1.1m $1.0m $1.0m $876k $781k $566k
Depreciation $2.6m $3.0m $3.2m $2.8m $2.8m $3.1m $2.4m $2.2m $1.9m $1.9m
Deferred Income Tax Expense (Benefit) — ($1.1m) ($308k) ($97k) ($2.6m) $85k ($2.8m) ($2.3m) $4.0m ($105k)
Share-based Payment Arrangement, Noncash Expense $188k $476k $373k $490k $688k $995k $1.3m $1.7m $2.0m $2.2m
Share-based Payment Arrangement, Expense $188k $476k $373k $491k $400k $100k $100k $100k $30k —
Goodwill and Intangible Asset Impairment — $0 $0 $0 $0 $0 $0 $0 $0 $0
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Gain (Loss) on Disposition of Property Plant Equipment ($2k) $136k ($16k) ($28k) — $180k ($8k) $15.3m $3.8m ($52k)
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — $4.3m $2.5m $8.6m ($3.6m) $10.9m $4.1m $4.6m $6.1m
Income Tax Expense (Benefit) $8.8m $13.6m $9.9m $11.8m $11.1m $14.2m $11.3m $11.6m $13.3m $14.0m
Operating Lease, Expense — — — $2.2m $2.2m $2.2m $2.2m — — —
Other Nonoperating Income (Expense) $20.4m $22.1m $23.1m — — — — — — —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets $3.4m ($10.4m) $6.1m $9.2m $488k ($6.4m) $26.2m $20.5m $9.4m ($3.9m)
Provision for Loan, Lease, and Other Losses $0 ($1.1m) $4.3m $2.5m $8.6m ($3.6m) — — — —
Increase (Decrease) in Other Operating Liabilities ($621k) $4.1m ($5.4m) $9.7m ($8.2m) $1.6m $9.5m $31.8m $13.3m ($22.6m)
Proceeds from Stock Options Exercised $543k $764k $1.1m $1.1m $775k $281k $314k $0 $1.5m $854k
Accretion Expense ($461k) — — — — — — — — —
Debt Securities, Available-for-sale, Realized Gain (Loss) — — $2k ($198k) $390k $11k $1.5m — $66k $0
Equity Securities, FV-NI, Unrealized Gain (Loss) $0 ($500k) ($2k) $198k ($390k) ($11k) ($332k) ($291k) ($311k) ($120k)
Gain (Loss) on Investments $223k — — — — — — — — —
Goodwill $8.3m $27.4m $27.4m $27.4m $27.4m $27.4m $27.4m $27.4m $27.4m $27.4m
Financing Receivable, Credit Loss, Expense (Reversal) — — $4.3m $2.5m $8.6m ($3.6m) $10.9m $4.1m $4.6m $6.1m
Net Cash Provided by (Used in) Operating Activities $17.5m $41.3m $30.4m $46.7m $40.0m $52.7m $33.6m $53.2m $57.2m $33.7m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $3.6m $2.1m $3.1m $783k $2.9m $371k $1.3m $1.4m $1.2m $1.5m
Payments to Acquire Businesses, Net of Cash Acquired — — $6k $0 — — — — — —
Gain (Loss) on Sale of Investments $2k $3k $0 — — — — — — —
Net Cash Provided by (Used in) Investing Activities ($23.3m) ($52.3m) ($188.2m) ($53.3m) ($627.3m) $20.6m ($481.0m) ($83.7m) $141.2m ($183.5m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $1.3m $2.1m $4.3m $9.8m $12.4m $10.4m $11.0m $71.1m $100.2m $55.3m
Payments for Repurchase of Common Stock $2.3m $0 $0 $2.5m $2.6m $5.2m $5.2m $8.9m $15.8m $31.8m
Payments of Ordinary Dividends, Common Stock $6.5m $7.9m $9.8m $11.3m $12.2m $13.2m $13.9m $13.7m $13.6m $13.7m
Payments of Dividends $6.5m $7.9m $9.8m $11.3m $12.2m $13.2m $13.9m $13.7m $13.6m $13.7m
Net Cash Provided by (Used in) Financing Activities $77.6m ($39.3m) $161.7m $12.5m $578.6m $112.8m $267.0m $31.9m ($176.3m) $184.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — $257.5m $77.1m $78.6m $100.7m $135.6m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $13.8m $6.0m $3.6m $10.8m $48.5m $49.0m $50.1m
Income Taxes Paid, Net — — — $12.0m $14.5m $13.6m $13.2m $10.4m $8.7m $10.5m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.