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SIERRA BANCORP AND SUBSIDIARY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
119
24.
PARENT ONLY CONDENSED FINANCIAL STATEMENTS
BALANCE SHEETS
Years Ended December 31, 2015 and 2014
(dollars in thousands)
2015
2014
ASSETS
Cash and due frombanks
2,222
$
2,801
$
Investments in bank subsidiary
217,442
212,719
Investment in Trust subsidiaries
928
928
Investment in other securities
1,264
2,193
Other assets
13
14
221,869
$
218,655
$
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities:
Other liabilities
601
$
636
$
Subordinated debentures
30,928
30,928
Total liabilities
31,529
31,564
Shareholders' equity:
Common stock
65,093
66,758
Retained Earnings
122,701
116,026
Accumulated other comprehensive
income, net of taxes
2,546
4,307
Total shareholders' equity
190,340
187,091
221,869
$
218,655
$