Sierra Bancorp Files 8-K
Ticker: BSRR · Form: 8-K · Filed: Oct 18, 2024 · CIK: 1130144
Sentiment: neutral
Topics: 8-K, regulatory-filing
TL;DR
Sierra Bancorp filed an 8-K on Oct 17, 2024. Standard disclosure.
AI Summary
Sierra Bancorp filed an 8-K on October 18, 2024, reporting an event that occurred on October 17, 2024. The filing pertains to "Other Events" and "Financial Statements and Exhibits." No specific financial details or significant business events were detailed in the provided excerpt.
Why It Matters
This filing indicates Sierra Bancorp is providing updates or disclosures to the SEC, which could be important for investors monitoring the company's regulatory compliance and operational status.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report without immediate negative or positive financial implications disclosed in the excerpt.
Key Players & Entities
- SIERRA BANCORP (company) — Registrant
- 0001130144 (company) — Central Index Key
- 330937517 (company) — IRS Number
- CA (company) — State of Incorporation
- 86 NORTH MAIN STREET (company) — Business Address
- PORTERVILLE (company) — City
- 93257 (company) — ZIP Code
- 5597824900 (company) — Business Phone
FAQ
What is the primary purpose of this 8-K filing for Sierra Bancorp?
The 8-K filing is for reporting "Other Events" and "Financial Statements and Exhibits" as of October 17, 2024.
When was this 8-K filing submitted to the SEC?
The filing was submitted on October 18, 2024.
What is Sierra Bancorp's principal executive office address?
Sierra Bancorp's principal executive office is located at 86 North Main Street, Porterville, CA 93257.
What is Sierra Bancorp's telephone number?
Sierra Bancorp's telephone number is (559) 782-4900.
What is Sierra Bancorp's fiscal year end?
Sierra Bancorp's fiscal year ends on December 31.
Filing Stats: 703 words · 3 min read · ~2 pages · Grade level 12.6 · Accepted 2024-10-18 11:00:24
Key Financial Figures
- $0.24 — rly cash dividend of twenty-four cents ($0.24) per share of common stock will be paya
Filing Documents
- bsrr-20241017x8k.htm (8-K) — 38KB
- bsrr-20241017xex99d1.htm (EX-99.1) — 12KB
- bsrr-20241017xex99d1001.jpg (GRAPHIC) — 10KB
- 0001558370-24-013389.txt ( ) — 184KB
- bsrr-20241017.xsd (EX-101.SCH) — 3KB
- bsrr-20241017_lab.xml (EX-101.LAB) — 15KB
- bsrr-20241017_pre.xml (EX-101.PRE) — 10KB
- bsrr-20241017x8k_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. On October 18, 2024, Sierra Bancorp (the "Company") issued a press release announcing that on October 17, 2024, its Board of Directors approved a share repurchase program for up to 1,000,000 shares of outstanding common stock beginning at the end of the expiration of the current share repurchase program on October 31, 2024 and continuing until October 31, 2025. The 1,000,000 shares authorized under the new share repurchase program are inclusive of any shares carried over from the terminated repurchase program. Shares may be purchased in the open market or in privately negotiated transactions and will be executed in compliance with applicable federal and state securities laws and bank regulations, including without limitation, Rules 10b-18 and 10b5-1 promulgated under the Securities Act of 1934, as amended (the "Exchange Act"). The board has also authorized management to enter into the 10b5-1 Plan with a nationally recognized broker as appropriate as long as the Company is not in a blackout period and the Company is not otherwise in possession of material non-public information. Repurchases by such broker are to be made in compliance with the Exchange Act. Within the above referenced press release, the Company also announced that its Board of Directors approved a cash dividend to shareholders. The quarterly cash dividend of twenty-four cents ($0.24) per share of common stock will be payable on November 12, 2024, to shareholders of record at the close of business on October 31, 2024. The press release issued by the Company in connection with the dividend is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 8.01 by reference.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits. The information required to be furnished pursuant to this item is set forth in the Exhibit Index which appears below, immediately before the signatures. EXHIBIT INDEX Press release dated October 22, 2020 Exhibit No. Description 99.1 Press release dated October 18, 2024 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Executive Vice President & Chief Financial Officer Dated: October 18, 2024 SIERRA BANCORP By: /s / Christopher G. Treece Christopher G. Treece Executive Vice President & Chief Financial Officer