Sierra Bancorp

NASDAQ BSRR

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Sierra Bancorp Asset Coverage Ratio for the quarter ending March 31, 2024: 12.38

Sierra Bancorp Asset Coverage Ratio is 12.38 for the quarter ending March 31, 2024, a 14.83% change year over year. The asset coverage ratio assesses the extent to which a company's tangible assets can cover its total debt obligations. It is calculated by dividing the difference between total assets and intangible assets by total debt. This ratio provides an indication of a company's ability to repay its debt using its tangible assets. A higher asset coverage ratio suggests a lower financial risk, as the company has a greater cushion of tangible assets to support its debt obligations.

Sierra Bancorp Asset Coverage Ratio for the quarter ending March 31, 2023 was 10.78, a -38.99% change year over year.
Sierra Bancorp Asset Coverage Ratio for the quarter ending March 31, 2022 was 17.67, a -78.63% change year over year.
Sierra Bancorp Asset Coverage Ratio for the quarter ending March 31, 2021 was 82.70, a 238.48% change year over year.
Sierra Bancorp Asset Coverage Ratio for the quarter ending March 31, 2020 was 24.43, a -12.31% change year over year.

NASDAQ: BSRR

Sierra Bancorp

CEO	Mr. Kevin J. McPhaill
IPO Date	Nov. 2, 1994
Location	United States
Headquarters	86 North Main Street, Porterville, CA, United States, 93257
Employees	487
Sector	Financial Services
Industry	Banks - regional

Description

Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. It accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. It also offers automated teller machines; electronic point-of-sale payment alternatives; online and automated telephone banking services; and remote deposit capture and automated payroll services for business customers. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.

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