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Management is responsible for compliance with the federal and state laws and regulations concerning dividend
restrictions and federal laws and regulations concerning loans to insiders designated by the FDIC as safety and sound-
ness laws and regulations. Management assessed compliance by the Company’s insured financial institution, Bank of
the Sierra, with the designated laws and regulations relating to safety and soundness. Based on this assessment,
management believes that Bank of the Sierra complied, in all significant respects, with the designated laws and regula-
tions related to safety and soundness for the year ended December 31, 2015.
Our assessment of the effectiveness of the Company’s internal control over financial reporting as of December 31, 2015
has been audited by Vavrinek, Trine, Day & Co., LLP, an independent registered public accounting firm, as stated in
their report appearing below.
Changes in Internal Control
There were no significant changes in the Company’s internal control over financial reporting or in other factors in the
fourth quarter of 2015 that have materially affected, or are reasonably likely to materially affect, the Company’s internal
control over financial reporting.