← SIERRA BANCORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $17.6m | $19.5m | $29.7m | $36.0m | $35.4m | $43.0m | $33.7m | $34.8m | $40.6m | $42.3m | — | |
| Depreciation, Depletion and Amortization | $2.6m | $3.0m | $3.2m | $3.0m | $3.0m | $3.2m | $2.5m | $2.4m | $2.1m | $2.1m | $2.3m | |
| Depreciation, Amortization and Accretion, Net | $2.5m | $779k | ($1.6m) | ($1.0m) | ($663k) | ($411k) | ($279k) | ($311k) | ($170k) | ($206k) | $2.3m | |
| Amortization | $7.1m | $6.7m | $5.5m | — | — | — | — | — | — | — | $294k | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | $4.4m | $4.8m | $4.9m | $3.5m | $2.9m | $1.0m | $90k | — | |
| Amortization of Intangible Assets | $272k | $508k | $1.0m | $1.1m | $1.1m | $1.0m | $1.0m | $876k | $781k | $566k | — | |
| Depreciation | $2.6m | $3.0m | $3.2m | $2.8m | $2.8m | $3.1m | $2.4m | $2.2m | $1.9m | $1.9m | $2.0m | |
| Deferred Income Tax Expense (Benefit) | — | ($1.1m) | ($308k) | ($97k) | ($2.6m) | $85k | ($2.8m) | ($2.3m) | $4.0m | ($105k) | $1.4m | |
| Share-based Payment Arrangement, Noncash Expense | $188k | $476k | $373k | $490k | $688k | $995k | $1.3m | $1.7m | $2.0m | $2.2m | $2.2m | |
| Share-based Payment Arrangement, Expense | $188k | $476k | $373k | $491k | $400k | $100k | $100k | $100k | $30k | — | $2.2m | |
| Goodwill and Intangible Asset Impairment | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Nonoperating Income (Expense) | $20.4m | $22.1m | $23.1m | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | $4.3m | $2.5m | $8.6m | ($3.6m) | $10.9m | $4.1m | $4.6m | $6.1m | — | |
| Increase (Decrease) in Other Operating Assets | $3.4m | ($10.4m) | $6.1m | $9.2m | $488k | ($6.4m) | $26.2m | $20.5m | $9.4m | ($3.9m) | — | |
| Increase (Decrease) in Other Operating Liabilities | ($621k) | $4.1m | ($5.4m) | $9.7m | ($8.2m) | $1.6m | $9.5m | $31.8m | $13.3m | ($22.6m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $17.5m |
$41.3m
+135.84%
|
$30.4m
-26.36%
|
$46.7m
+53.51%
|
$40.0m
-14.36%
|
$52.7m
+31.55%
|
$33.6m
-36.24%
|
$53.2m
+58.60%
|
$57.2m
+7.34%
|
$33.7m
-41.03%
|
$45.5m
+34.96%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($2k) | $136k | ($16k) | ($28k) | — | $180k | ($8k) | $15.3m | $3.8m | ($52k) | $2.5m | |
| Payments to Acquire Property, Plant, and Equipment | $3.6m | $2.1m | $3.1m | $783k | $2.9m | $371k | $1.3m | $1.4m | $1.2m | $1.5m | ($825k) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $1.3m | $2.1m | $4.3m | $9.8m | $12.4m | $10.4m | $11.0m | $71.1m | $100.2m | $55.3m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | $2k | ($198k) | $390k | $11k | $1.5m | — | $66k | $0 | — | |
| Gain (Loss) on Investments | $223k | — | — | — | — | — | — | — | — | — | $4k | |
| Gain (Loss) on Sale of Investments | $2k | $3k | $0 | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $6k | $0 | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($23.3m) | ($52.3m) | ($188.2m) | ($53.3m) | ($627.3m) | $20.6m | ($481.0m) | ($83.7m) | $141.2m | ($183.5m) | $54.5m | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $2.3m | $0 | $0 | $2.5m | $2.6m | $5.2m | $5.2m | $8.9m | $15.8m | $31.8m | — | |
| Payments of Ordinary Dividends, Common Stock | $6.5m | $7.9m | $9.8m | $11.3m | $12.2m | $13.2m | $13.9m | $13.7m | $13.6m | $13.7m | ($13.6m) | |
| Payments of Dividends | $6.5m | $7.9m | $9.8m | $11.3m | $12.2m | $13.2m | $13.9m | $13.7m | $13.6m | $13.7m | ($13.6m) | |
| Net Cash Provided by (Used in) Financing Activities | $77.6m |
($39.3m)
-150.67%
|
$161.7m
+511.43%
|
$12.5m
-92.27%
|
$578.6m
+4529.26%
|
$112.8m
-80.50%
|
$267.0m
+136.65%
|
$31.9m
-88.05%
|
($176.3m)
-652.44%
|
$184.8m
+204.78%
|
($87.3m)
-147.23%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $257.5m | $77.1m | $78.6m | $100.7m | $135.6m | $142.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $0 | ($1.1m) | $4.3m | $2.5m | $8.6m | ($3.6m) | — | — | — | — | $5.0m | |
| Proceeds from Stock Options Exercised | $543k | $764k | $1.1m | $1.1m | $775k | $281k | $314k | $0 | $1.5m | $854k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $13.8m | $6.0m | $3.6m | $10.8m | $48.5m | $49.0m | $50.1m | — | |
| Income Taxes Paid, Net | — | — | — | $12.0m | $14.5m | $13.6m | $13.2m | $10.4m | $8.7m | $10.5m | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | ($461k) | — | — | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | $0 | ($500k) | ($2k) | $198k | ($390k) | ($11k) | ($332k) | ($291k) | ($311k) | ($120k) | — | |
| Goodwill | $8.3m | $27.4m | $27.4m | $27.4m | $27.4m | $27.4m | $27.4m | $27.4m | $27.4m | $27.4m | $0 | |
| Income Tax Expense (Benefit) | $8.8m | $13.6m | $9.9m | $11.8m | $11.1m | $14.2m | $11.3m | $11.6m | $13.3m | $14.0m | — | |
| Operating Lease, Expense | — | — | — | $2.2m | $2.2m | $2.2m | $2.2m | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | $4.3m | $2.5m | $8.6m | ($3.6m) | $10.9m | $4.1m | $4.6m | $6.1m | — |