SIERRA BANCORP AND SUBSIDIARY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
115
21.
PARENT ONLY CONDENSED FINANCIAL STATEMENTS
BALANCE SHEETS
Years Ended December 31, 2014 and 2013
(dollars in thousands)
2014
2013
ASSETS
Cash and due frombanks
2,801
$
1,337
$
Investments in bank subsidiary
212,719
208,326
Investment in Trust subsidiaries
928
928
Investment in other securities
2,193
2,421
Other assets
14
310
218,655
$
213,322
$
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities:
Other liabilities
636
$
720
$
Subordinated debentures
30,928
30,928
Total liabilities
31,564
31,648
Shareholders' equity:
Common stock
66,758
68,428
Retained Earnings
116,026
112,817
Accumulated other comprehensive
income, net of taxes
4,307
429
Total shareholders' equity
187,091
181,674
218,655
$
213,322
$
