SIERRA BANCORP AND SUBSIDIARY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
109
19.
FAIR VALUE
(Continued)
Assets and liabilities measured at fair market value on a non-recurring basis are summarized below
(dollars in thousands):
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
Significant
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
Total
Collateral dependent impaired loans
-
$
4,791
$
-
$
4,791
$
Foreclosed assets
-
$
3,991
$
-
$
3,991
$
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
Significant
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
Total
Collateral dependent impaired loans
-
$
14,705
$
-
$
14,705
$
Foreclosed assets
-
$
8,185
$
-
$
8,185
$
Year Ended December 31, 2014
Year Ended December 31, 2013
