News
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,000 has been awarded to the Fresno Council on Child Abuse Prevention (FCCAP).
2/23/15: Sierra Grant Awarded to the Advanced Center for Eyecare
February 23, 2015
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $3,000 has been awarded to the Advanced Center for Eyecare (ACE).
2/23/15: Sierra Grant Awarded to the Bethlehem Center
February 23, 2015
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,000 has been awarded to the Bethlehem Center.
2/23/15: Sierra Grant Awarded to Porterville Summer Strings
February 23, 2015
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,000 has been awarded to Porterville Summer Strings.
2/17/15: Bank of the Sierra Announces Luis Ruiz as Vice President, Senior Branch Loan Officer
February 17, 2015
PORTERVILLE, CA – Bank of the Sierra recently named Luis Ruiz as Vice President, Senior Branch Loan Officer of its Main Street Branch located at 128 E. Main St. Visalia, CA.
1/20/15: SIERRA BANCORP REPORTS EARNINGS
January 20, 2015
Porterville, CA – January 20, 2015 – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the quarter and the year ended December 31, 2014.
1/16/15: SIERRA BANCORP DECLARES QUARTERLY CASH DIVIDEND
January 16, 2015
Porterville, CA – January 16, 2015 – Sierra Bancorp (Nasdaq:BSRR), parent of Bank of the Sierra, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share, an increase of 11% relative to the dividend paid the previous quarter.
Bank of the Sierra Announces David Azma as Market President
January 14, 2015
PORTERVILLE, CA – Bank of the Sierra recently named David Azma as Market President for the Santa Paula, Fillmore and Santa Clarita branches.
Sierra Grant Awarded to the Kings Community Action Organization
December 18, 2014
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,500 has been awarded to the Kings Community Action Organization. Funds were needed to support the Youth L.E.A.D. (Learning with Engagement to Achieve Dreams) Program to provide skill building services for high risk youth.
Sierra Grant Awarded to Joint Service Honors Command
December 18, 2014
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,500 has been awarded to Joint Service Honors Command. The grant funds will be used to help supply used uniforms for volunteer veterans to wear while providing military honors services for the families of deceased veterans.
Sierra Grant Awarded to Garden Pathways, Inc.
December 18, 2014
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $3,500 has been awarded to the Garden Pathways, Inc. The grant funds will be used for the Comprehensive Mentoring project.
Bank of the Sierra Announces Kathy Stonecipher as Vice President, Real Estate Loan Officer
December 18, 2014
PORTERVILLE, CA – Bank of the Sierra recently named Kathy Stonecipher as Vice President, Real Estate Loan Officer of its Shaw Avenue Branch in Fresno.
Bank of the Sierra Announces Steven M. Hurd as Vice President, Senior Real Estate Loan Officer
December 18, 2014
PORTERVILLE, CA – Bank of the Sierra recently named Steven M. Hurd as Vice President, Senior Real Estate Loan Officer of its Ming Avenue Branch in Bakersfield.
Sierra Grant Awarded to the Giant Sequoia Monument Association
December 18, 2014
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $3,500 has been awarded to the Giant Sequoia Monument Association. The grant funds were needed to rebuild the Needles Lookout and Tower.
Bank of the Sierra Announces Ryan Toncheff as Vice President, Commercial Loan Officer
December 16, 2014
PORTERVILLE, CA – Bank of the Sierra recently promoted Ryan Toncheff to Vice President, Commercial Loan Officer in its Mortgage Warehouse Lending division, located at 636 E. Shaw Avenue in Fresno.
Sierra Bancorp Completes Santa Clara Valley Bank Acquisition
November 24, 2014
Porterville, CA – November 14, 2014 –Sierra Bancorp today announced the completion of its acquisition of Santa Clara Valley Bank, N.A. ("SCVE"). The aggregate consideration paid by Sierra Bancorp to the shareholders and warrant holders of SCVE was approximately $15.3 million.
Sierra Bancorp Announces Acquisition Plan Received Santa Clara Valley Bank Shareholder Approval
October 30, 2014
Porterville, CA – October 30, 2014 – Sierra Bancorp (Nasdaq:BSRR), parent of Bank of the Sierra, today announced that on October 29, 2014 the shareholders of Santa Clara Valley Bank, N.A. ("SCVE") approved of its consolidation with a newly formed wholly-owned subsidiary of Sierra Bancorp (the "Company") pursuant to that certain Agreement and Plan of Consolidation dated July 17, 2014 by and among the Company, Bank of the Sierra, a California banking corporation and wholly-owned subsidiary of the Company and SCVE.
Sierra Bancorp CEO Announces Retirement And Succession Plans
October 24, 2014
PORTERVILLE, CA - October 23, 2014 - Sierra Bancorp, the holding company for Bank of the Sierra, today announced that James C. Holly, plans to retire as Chief Executive Officer of Sierra Bancorp and the Bank on March 31, 2015.
SIERRA BANCORP REPORTS EARNINGS
October 20, 2014
Porterville, CA – October 20, 2014 – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the quarter and the nine-month period ended September 30, 2014. Sierra Bancorp recognized net income of $3.551 million for the third quarter of 2014, an improvement of 5% relative to net income in the third quarter of 2013.
SIERRA BANCORP DECLARES QUARTERLY CASH DIVIDEND
October 17, 2014
Porterville, CA – October 17, 2014 – Sierra Bancorp (Nasdaq:BSRR), parent of Bank of the Sierra, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.09 per share. The dividend was approved subsequent to the Board’s review of the Company’s financial results for the quarter ended September 30, 2014, which reflect capital strength, relatively robust net income, and a continued favorable trend in nonperforming assets.
$50,000 Sierra Grant to Assist Local Drought Victims
September 4, 2014
PORTERVILLE, CA –– In a special effort to assist local families affected by California’s water crisis, Bank of the Sierra is pleased to announce the largest Sierra Grant donation in the bank’s history to Self-Help Enterprises in the amount of $50,000.
7/21/14: Sierra Bancorp Reports Earnings
July 21, 2014
Porterville, CA – July 21, 2014 – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the quarter and the six-month period ended June 30, 2014. Sierra Bancorp recognized net income of $4.237 million for the second quarter of 2014, an improvement of 12% relative to net income in the second quarter of 2013.
7/18/14: SIERRA BANCORP DECLARES QUARTERLY CASH DIVIDEND
July 18, 2014
Porterville, CA – July 18, 2014 – Sierra Bancorp (Nasdaq:BSRR), parent of Bank of the Sierra, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.09 per share, an increase of 13% relative to the dividend paid the previous quarter and the third dividend increase within the past twelve months.
Sierra Bancorp Announces Agreement to Acquire Santa Clara Valley Bank, N.A. of Santa Paula, CA
July 17, 2014
Sierra Bancorp (NASDAQ: BSRR), the holding company of Bank of the Sierra, announced the signing of a definitive agreement to acquire Santa Clara Valley Bank, N.A. (OTC: SCVE) of Santa Paula, California, for aggregate cash consideration of $15.3 million. The consideration consists of $12.3 million or $6.00 per share to common shareholders and cash consideration of $3.0 million to preferred shareholders to retire outstanding preferred stock and associated warrants. Included in the $12.3 million consideration, Sierra will pay $700,000 to cash out existing in-the-money warrants.
Bank of the Sierra Announces Deanna Spitzer as Vice President, Director of Human Resources
July 15, 2014
PORTERVILLE, CA – Bank of the Sierra recently announced the promotion of Deanna Spitzer to Vice President, Director of Human Resources. In her new position, Spitzer will develop policy and coordinate human resource activities, such as employment, compensation, labor relations, benefits, training and employee services.
Bank of the Sierra Announces Alice Gray as Vice President, Director of Deposit Services
July 11, 2014
PORTERVILLE, CA – Bank of the Sierra recently announced Alice Gray as Vice President, Director of Deposit Services. In her new position, Gray will oversee initial and technical selling of deposit services to commercial and municipal customers.
Bank of the Sierra Announces John C. Kimbrough, Jr. as Vice President, Senior Real Estate Loan Officer
July 2, 2014
Bank of the Sierra recently announced John C Kimbrough, Jr. as Vice President, Senior Real Estate Loan Officer. In his new position, Kimbrough will evaluate and recommend approval of customer applications for consumer real estate mortgage loans and other consumer real estate secured loan products.
Sierra Grant Awarded to Bags4Kids Foundation
May 30, 2014
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,500 has been awarded to Bags4Kids Foundation in California City, CA. Bags4Kids provides “comfort bags” for children who are abused, neglected and/or homeless and have been taken to a police station, foster agency, homeless shelter, or county office. The bags contain items that are age/gender appropriate such as clothes, shoes, hygiene items, educational supplies, bedding, household items, blankets, diapers, toys, books.
Sierra Grant Awarded to Central Valley SCORE
May 28, 2014
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $1,500 has been awarded to Central Valley SCORE (Service Corps of Retired Executives Association). Central Valley SCORE provides a wide variety of services for entrepreneurs and new small businesses.
Sierra Grant Awarded to Walk With Me Family Services
May 28, 2014
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,000 has been awarded to Walk With Me Family Services. The grant funds are needed to support three programs: the Community Counseling Center project, the Community Volunteer project expansion, and the Military Family Support project
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $3,500 has been awarded to the Boys & Girls Clubs of the Sequoias. The grant funds will support the summer youth development and education program in the town of Strathmore.
Sierra Grant Awarded to Open Gate Ministries, Inc.
May 28, 2014
PORTERVILLE, CA – Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $3,500 has been awarded to Open Gate Ministries, Inc. The grant funds will be used for operating costs to continue to feed the poor and hungry in northern Tulare County
SIERRA BANCORP REPORTS EARNINGS - BSRR1Q14
April 25, 2014
Porterville, CA – April 25, 2014 – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the quarter ended March 31, 2014.
SIERRA BANCORP DECLARES QUARTERLY CASH DIVIDEND
April 18, 2014
Porterville, CA – April 18, 2014 – Sierra Bancorp (Nasdaq:BSRR), parent of Bank of the Sierra, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.08 per share. The dividend was approved subsequent to the Board’s review of the Company’s financial results for the quarter ended March 31, 2014, which reflect capital strength, robust net income, and a favorable trend in nonperforming assets.
Phishing Calls & Text Scam Alert - 03/03/14
March 3, 2014
A growing number of bank and credit union customers around the U.S. have been receiving automated phone calls and/or text messages in an attempt to steal debit and credit card numbers.
Bank of the Sierra Announces Nick Ward as Branch Loan Officer
February 7, 2014
PORTERVILLE, CA - Bank of the Sierra recently named Nick Ward as Branch Loan Officer of its Main Street branch located at 128 E Main St., Visalia, CA. In his new position, Ward will meet with prospective clients to cultivate banking relationships, including developing and managing commercial loan accounts along with other financial products and services.
Porterville, CA ––Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $1,500 has been awarded to the Tulare County Sheriff’s Police Activities League (PAL). The grant funds will be used to support annual activities, including: a camping trip to Pismo Beach, a trip to the Sierra K9 Trials, a day at the Tulare County Fair, and a Christmas party where each child receives warm clothing and a new gift.
Sierra Bancorp Reports Quarterly Earnings
February 7, 2014
Porterville, CA – October 21, 2013 – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the three-month and nine-month periods ended September 30, 2013. Sierra Bancorp recognized net income of $3.367 million for the third quarter of 2013, more than double the level of net income recognized in the third quarter of 2012.
Sierra Bancorp Reports Earnings Increase
February 7, 2014
Porterville, CA – July 22, 2013 – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the quarter and the six-month period ended June 30, 2013. Sierra Bancorp recognized net income of $3.799 million for the second quarter of 2013, an improvement of $1.226 million, or 48%, relative to net income in the second quarter of 2012.
Bank of the Sierra Supplies Backbacks to Local Students
February 7, 2014
PORTERVILLE, CA –– Through a collaborative effort with Reedley Boys & Girls Club, Bank of the Sierra recently conducted a backpack and school supply drive. One hundred and thirty backpacks filled with school supplies obtained through donations will be presented to local students at 2:00 pm on Wednesday, August 21, 2013 at the Reedley Community Center located at 100 N. East Ave, Reedley.
Bank of the Sierra Announces Desirea Lawrence as Branch Loan Officer
February 7, 2014
PORTERVILLE, CA - Bank of the Sierra recently named Desirea Lawrence to the position of Branch Loan Officer, at its Ming Avenue branch in Bakersfield, CA. In her new position, Lawrence will meet with prospective clients to cultivate banking relationships, including developing and managing commercial loan accounts along with other financial products and services.
Bank of the Sierra Announces Dennis King as Vice President, Senior Branch Loan Officer
February 7, 2014
PORTERVILLE, CA - Bank of the Sierra recently named Dennis King as Vice President, Senior Branch Loan Officer. In his new position, King will perform underwriting loan duties for the Visalia Area.
Sierra Grant Awarded to Fresno Council on Child Abuse Prevention
February 7, 2014
Porterville, CA ––Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $1,500 has been awarded to the Fresno Council on Child Abuse Prevention (FCCAP). The grant funds will be used to support the efforts in creating a Child Advocacy Center (CAC) for Fresno County. The center will be prevention focused by utilizing educational and training materials to protect children from sexual abuse. The upgrade to CAC will build a stronger team for child abuse investigations and will implement a prevention education component for child sexual abuse education for both adults and children.
Sierra Grant Awarded to Junior Achievement of Bakersfield
February 7, 2014
Porterville, CA ––Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,000 has been awarded to Junior Achievement of Bakersfield. The grant funds will be used for the 5th annual JA DAY at College Heights Elementary School. JA DAY is a presentation of Junior Achievement’s elementary business and economic programs.
Sierra Grant Awarded to the Visalia Emergency Aid Council
February 7, 2014
Porterville, CA ––Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,500 has been awarded to the Visalia Emergency Aid Council (VEAC). The grant funds will support the Race Against Hunger and other events that VEAC hosts throughout the year.
Bank of the Sierra Announces Tony Simone as Vice President, Agricultural Loan Officer
February 7, 2014
PORTERVILLE, CA - Bank of the Sierra recently named Tony Simone as Vice President, Agricultural Loan Officer. In his new position, Simone will meet with prospective clients to cultivate banking relationships, including developing and managing agricultural loan accounts along with other financial products and services.
Bank of the Sierra Announces Jorge Espinoza as Branch Loan Officer
February 7, 2014
PORTERVILLE, CA - Bank of the Sierra recently named Jorge Espinoza to the position of Branch Loan Officer, at its flagship branch located at 90 North Main Street in Porterville, CA. In his new position, Espinoza will meet with prospective clients to cultivate banking relationships, including developing and managing commercial loan accounts along with other financial products and services.
Porterville, CA ––Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,000 has been awarded to the Tulare Kings Hispanic Chamber of Commerce (TKHCC).
PORTERVILLE, CA - Bank of the Sierra recently named Leonard Perez as Vice President, Branch Loan Officer of its Shaw Ave branch in Fresno, CA. In his new position, Perez will meet with prospective clients to cultivate banking relationships, including developing and managing commercial loan accounts along with other financial products and services.
Sierra Bancorp Announces ManagementTransition
February 7, 2014
Porterville, CA – December 16, 2013 – The Board of Directors of Sierra Bancorp (Nasdaq:BSRR), parent of Bank of the Sierra (the “Bank”), today announced the promotion of Kevin J. McPhaill to President and Chief Operating Officer of the Company and the Bank, effective January 1, 2014. James C. Holly, the current President and Chief Executive Officer, will continue to serve as CEO of the Company and the Bank.
Sierra Grant Awarded to Tulare Emergency Aid Council, Inc.
February 7, 2014
Porterville, CA ––Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,500 has been awarded to Tulare Emergency Aid Council, Inc. (TEAC). The grant funds will help supplement the current food pantry donations to provide healthy foods and snacks for the working poor, hungry and homeless families in the community.
Sierra Bancorp Announces Stock Purchase Program
February 7, 2014
Porterville, CA – January 18, 2013 – Sierra Bancorp (Nasdaq:BSRR), parent of Bank of the Sierra, today announced that its Board of Directors has reactivated the Company’s stock repurchase program and increased the number of shares authorized for repurchase to 700,000, or 5% of total issued and outstanding shares.
Sierra Grant Awarded to Southeast Fresno Community Economic Development Association
February 7, 2014
Porterville, CA ––Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,500 has been awarded to Southeast Fresno Community Economic Development Association (SEFCEDA). The grant funds will be used for operational support of the new Business and Family Prosperity Center which will provide business owners and residents the tools and resources necessary for economic success.
Sierra Grant Awarded to Heart of the Horse Therapy Ranch
February 7, 2014
Porterville, CA ––Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,000 has been awarded to the Heart of the Horse Therapy Ranch. The grant funds will be used to purchase hay for the horses for the upcoming fall and winter months. Heart of the Horse Therapy Ranch provides a “hands on” experience with certified therapy horses and dogs to persons in the Central San Joaquin Valley who have physical, mental, emotional, or social needs.
Sierra Grant Awarded to Kiwanis Club of Dinuba
February 7, 2014
Porterville, CA ––Bank of the Sierra is pleased to announce a Sierra Grant in the amount of $2,000 has been awarded to the Kiwanis Club of Dinuba. The grant funds will be used to support the “Curb Childhood Obesity in Dinuba” project. This project is intended to educate school-aged children on the best nutrition and physical activity practices to reduce childhood obesity and to reduce the occurrence of juvenile and adult diabetes.
Visalia, CA --- Bank of the Sierra is pleased to announce its partnership with the Visalia Rescue Mission to help enhance the quality of life for Central Valley citizens in need. Bank of the Sierra will host their 2nd Annual Resolution Run on January 1st, 2014. All proceeds from this event will go directly to help change lives in our community at the Visalia Rescue Mission.
Debit Card Safety Bulletin
January 28, 2014
According to Target Corporation, approximately 40 million credit and debit cards may have been compromised
Sierra Bancorp Declares Quarterly Cash Dividend
January 27, 2014
Porterville, CA - Sierra Bancorp (Nasdaq:BSRR), parent of Bank of the Sierra, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.08 per share, an increase of 14% relative to the dividend paid the previous quarter and the second dividend increase within the past six months.
