Sierra Bancorp Ranks 2nd Nationally Among Mid-Tier Banks
January 04 2008 - 2:36PM
PR Newswire (US)
PORTERVILLE, Calif., Jan. 4 /PRNewswire-FirstCall/ -- Sierra
Bancorp (NASDAQ:BSRR) today announced it was ranked as the 2nd best
performing bank nationally, among mid-tier banks. The ranking is
based on Return on Equity (ROE). According to the January 2008
Edition of U.S. Banker Magazine, Sierra Bancorp's ROE of 22.68%
positions it 2nd among mid-tier banks and 6th overall. The rankings
are part of the magazine's prestigious annual lists of the
top-performing financial institutions in the country. "Each year we
continue to deliver great numbers and exceptional performance. Our
success is a tribute to our outstanding board, employees, and to
the communities we serve," stated James C. Holly, President &
C.E.O. "Bank of the Sierra has once again demonstrated the ability
to provide an excellent return to shareholders." About Sierra
Bancorp Sierra Bancorp is the holding company for Bank of the
Sierra, now in its 31st year of operations. For more information
please visit http://www.sierrabancorp.com/ or call (888) 454-BANK.
About Bank of the Sierra With $1.2 billion in assets and strong
performance ratios, Bank of the Sierra operates as the largest
independent community bank headquartered in California's Heartland.
The bank serves 14 different communities with 21 branches, an
Agricultural Credit Center, an SBA Center and an online "virtual"
branch. For more information visit http://www.bankofthesierra.com/
or call (888) 454-BANK. DATASOURCE: Sierra Bancorp CONTACT: Kenneth
Taylor, Chief Financial Officer or Matthew Hessler, CFMP, Marketing
Coordinator, both of Sierra Bancorp, +1-559-782-4900, or
1-888-454-BANK Web site: http://www.bankofthesierra.com/
http://www.sierrabancorp.com/
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