Bank of the Sierra
Bank of the Sierra reported total assets of $3.7 bn at Q2 2026, down 1.3% on a year earlier, the 345th largest of 497 banks in our US coverage. Bank of the Sierra uses the community bank leverage ratio framework, with a leverage ratio of 12.25%. Bank of the Sierra held deposits of $2.9 bn. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Bank of the Sierra climbed from 288th to 161st among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Since , Bank of the Sierra has taken over 2 institutions; the latest was Ojai Community Bank on (FDIC Call Reports).
What sets Bank of the Sierra apart
How large is Bank of the Sierra?
The balance sheet of Bank of the Sierra at : assets $3.7 bn, deposits $2.9 bn, net loans $2.4 bn (loans equal to 82.87% of deposits). Securities make up 24.1% of total assets at Bank of the Sierra. Since , when Bank of the Sierra held $1.8 bn, its assets grew 111.0%. In the year to , deposits at Bank of the Sierra fell 1.6% while its total assets fell 1.3%. At , Bank of the Sierra employed 452 full-time equivalent staff across 35 offices, about $8.2 mn of assets per employee and $83.9 mn of deposits per office.
How much funding at Bank of the Sierra is uninsured?
At Bank of the Sierra, uninsured deposits (above the FDIC limit) made up 27.86% of domestic deposits at (-0.76 pp on a year earlier); Bank of the Sierra ranks 340th of 500 on this measure. In dollars, Bank of the Sierra estimated $817.8 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.9 bn | -1.6% | 363rd of 499 |
| Net loans and leases | $2.4 bn | +0.8% | 376th of 500 |
| Loan-to-deposit ratio | 82.87% | +1.98 pp | 306th of 500 |
| Net interest margin | 3.69% | -0.10 pp | 231st of 500 |
| Return on assets (ROA) | 1.33% | +0.11 pp | 234th of 500 |
| Efficiency ratio | 54.86% | -2.14 pp | 226th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $4.1 mn | Narrowed by $12.7 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $11.2 mn | Narrowed by $4.3 mn | |
| Noncurrent loans to total loans | 0.43% | -0.19 pp | 161st of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.02% | -0.52 pp | 128th of 500 (1 = lowest) |
US rank of Bank of the Sierra: 1 = highest unless marked 1 = lowest.
Balance sheet
Bank of the Sierra: assets, deposits and loans
- Total assets $3.7bn
- Deposits $2.9bn
- Net loans $2.4bn
Capital and securities
Bank of the Sierra uses the community bank leverage ratio framework, so it reports no risk-based ratios; its leverage ratio was 12.25% in . Equity capital of Bank of the Sierra at : $447.1 mn, or 12.0% of total assets.
On held-to-maturity securities, Bank of the Sierra carried an unrealized loss of $4.1 mn at , equal to 0.9% of equity capital. The loss narrowed by $12.7 mn over the year. Its deepest point: $32.6 mn in . The available-for-sale portfolio of Bank of the Sierra showed an unrealized loss of $11.2 mn at ; the loss narrowed by $4.3 mn over the year.
Bank of the Sierra: capital ratios
- Total capital 15%
- CET1 15%
- Tier 1 leverage 12%
Bank of the Sierra: unrealized securities gains and losses
- Available for sale -$11mn
- Held to maturity -$4mn
Profitability and loan quality
For the year to , Bank of the Sierra earned a return on equity of 11.30%; return on assets: 1.33%. Net interest margin at Bank of the Sierra: 3.69%, -0.10 pp in a year. Bank of the Sierra net income: $25.0 mn, up 12.4% year on year. The efficiency ratio of Bank of the Sierra was 54.86%: about 55 cents cost per revenue dollar, against 63 cents at the median peer.
At , noncurrent loans were 0.43% of total loans at Bank of the Sierra; net charge-offs: 0.02% of average loans. Gross loans and leases at Bank of the Sierra: $2.5 bn, up 0.9% in a year.
Bank of the Sierra: profitability
- Return on equity 11%
- Net interest margin 3.7%
- Return on assets 1.3%
Peer group of Bank of the Sierra
The peer group of Bank of the Sierra is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Bank of the Sierra (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in California. Against them, Bank of the Sierra shows return on equity 11.30% against a peer median of 12.47% and uninsured deposit share 27.86% against a peer median of 40.52%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Capital Bank | National bank | MD | $3.8 bn | 11.34% | 13.52% | 45.13% | |
| Independence Bank of Kentucky | State member bank | KY | $3.8 bn | not reported | 13.76% | 41.24% | |
| Bank of Utah | State nonmember bank | UT | $3.8 bn | 16.36% | 10.55% | 46.42% | |
| Bank of the Sierra | State nonmember bank | CA | $3.7 bn | not reported | 11.30% | 27.86% | |
| ENCORE BANK | State member bank | AR | $3.7 bn | 11.83% | 4.49% | 39.81% | |
| D. L. Evans Bank | State nonmember bank | ID | $3.7 bn | not reported | 14.79% | 30.15% | |
| Macatawa Bank | National bank | MI | $3.7 bn | 11.37% | 11.42% | 37.25% | |
. FDIC Call Reports.
Last eight quarters
Two years at Bank of the Sierra, to : assets +0.7%, deposits -1.1%, equity +4.5%. Staff 489 to 452; offices 36 to 35.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.7 bn | $3.6 bn | $3.6 bn | $3.8 bn | $3.7 bn | $3.8 bn | $3.8 bn | $3.7 bn |
| Total deposits | $3.0 bn | $2.9 bn | $2.9 bn | $3.0 bn | $2.9 bn | $2.9 bn | $2.9 bn | $2.9 bn |
| Bank equity capital | $427.8 mn | $424.4 mn | $432.5 mn | $430.2 mn | $435.2 mn | $442.1 mn | $439.6 mn | $447.1 mn |
| Return on equity (ROE) | 11.12% | 11.12% | 9.59% | 10.37% | 10.30% | 10.96% | 12.52% | 11.30% |
| Uninsured share of domestic deposits | 27.51% | 27.97% | 27.64% | 28.62% | 28.46% | 27.20% | 26.85% | 27.86% |
| Full-time equivalent employees | 489 | 485 | 489 | 494 | 476 | 465 | 463 | 452 |
| Number of offices | 36 | 36 | 36 | 36 | 36 | 35 | 35 | 35 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Bank of the Sierra, oldest first; figures before and after each event are not like for like.
- . Absorbed Coast National Bank (FDIC certificate 34381).
- . Absorbed Ojai Community Bank (FDIC certificate 57850).
Questions and identifiers
What were the total assets of Bank of the Sierra?
Bank of the Sierra reported $3.7 bn at in its Call Report. That makes Bank of the Sierra the 345th largest of 497 banks in our US coverage.
Is Bank of the Sierra the same as its holding company?
No. This page covers Bank of the Sierra, FDIC certificate 22597; SIERRA BCORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Bank of the Sierra profitable?
Bank of the Sierra reported net income of $25.0 mn for the year to ; annualized return on equity: 11.30%. So yes: Bank of the Sierra made a profit over these months.
When is data for Bank of the Sierra next updated?
Figures from Bank of the Sierra for are due after .
Where can I check the figures for Bank of the Sierra?
In the FDIC BankFind Suite record for certificate 22597, and in the Call Reports of Bank of the Sierra (RSSD ID 662369) at the FFIEC Central Data Repository.