Headquarters
86 North Main Street
Porterville, CA 93257
Contact
Phone: 559-782-4900
Fax: 559-782-4994
Web Site
http://www.sierrabancorp.com
Basics
Sector: Financial
Industry: Regional - Pacific Banks
Full Time Employees: 283
Background
Sierra Bancorp operates as the holding company for Bank of the Sierra, which offers various banking services to individuals and businesses primarily in the central and southern sections of California's San Joaquin Valley. It offers checking accounts, interest-bearing transaction accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The bank also provides real estate, commercial, agricultural, and consumer loans, as well as retail lending services, which include home equity lines, consumer loans, and credit card loans. In addition, it offers land acquisition and development loans, construction loans for residential and commercial development, and multifamily credit facilities. Further, the bank has an arrangement with Genpact Mortgage Services, whereby Genpact underwrites single-family mortgage loans for qualifying bank customers. The bank provides credit services in support of the agricultural activities; engages in small business administration lending; and offers products, such as installment note collection, cashier's checks, traveler's checks, gift cards, bank by mail, ATM, night depository, safe deposit boxes, direct deposit, automated payroll services, electronic funds transfers, online banking, and other customary banking services. As of March 31, 2007, the bank operated 21 branch offices. The company has a strategic alliance with Investment Centers of America, Inc. to provide non-deposit investment options. Sierra Bancorp was incorporated in 1977 and is headquartered in Porterville, California.
Bank officers
Mr. James C. Holly, 67
Chairman, Chief Exec. Officer and Pres
Mr. Kenneth R. Taylor, 48
Chief Financial Officer, Exec. VP, Chief Financial Officer of Bank of the Sierra and Sr. VP of Bank of the Sierra
Mr. James F. Gardunio, 57
Chief Credit Officer, Exec. VP, Chief Credit Officer of Bank of The Sierra and Sr. VP of Bank of the Sierra
Mr. Kevin McPhaill
Chief Banking Officer, Exec. VP, Chief Banking Officer of Bank of the Sierra and Exec. VP of Bank of the Sierra
Hope Attenhofer
VP and Marketing Director
Ownership
Shares Outstanding: 9.59M
Float: 6.26M
% Held by Insiders: 42.14%
% Held by Institutions: 21.10%
Recent developments
Sierra Bancorp Minority Owner Buys Stock
Wednesday April 9, 2:06 pm ET
Sierra Bancorp Minority Owner Childress Buys 5,000 Shares of Stock
NEW YORK (AP) -- The minority owner of Sierra Bancorp, which is the holding company for Bank of the Sierra, bought 5,000 shares of stock, according to a Securities and Exchange Commission filing Tuesday.
In a Form 4 filed with the SEC, Patricia Childress reported she bought the shares for $21.53 to $21.75 apiece on Wednesday, Thursday and Friday.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Sierra Bancorp is based in Porterville, Calif.
Share price
King Capital Investment Group
http://kingcapital.tripod.com