Sierra Bancorp Q3 net income jumps 57.6% to $15.3M on credit-loss benefit

Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~1 min read

Key Changes

• high

  Net income rose 57.6% to $15.3M, driven by a $5.7M credit-loss benefit from resolving a previously reserved agricultural loan.

  MD&A: Results of Operations verify on EDGAR →
• high

  Mortgage warehouse balances fell 30% from year-end as the company paused growth to enhance controls amid rate volatility.

  MD&A: Loans verify on EDGAR →
• high

  Asset quality improved: nonperforming assets fell to $9.3M (0.38% of loans) from $14.8M, and classified loans dropped to $27.0M.

  MD&A: Asset Quality verify on EDGAR →