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SIERRA BANCORP AND SUBSIDIARY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
112
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
-
$
3,829
$
-
$
3,829 $
Foreclosed assets
-
$
3,193
$
-
$
3,193 $
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 $
Year Ended December 31, 2015
Year Ended December 31, 2014