SIERRA BANCORP

Sierra Bancorp announced that its President and Chief Executive Officer, Kevin J. McPhaill, and Executive Vice President and Chief Financial Officer/Chief Operations Officer, Christopher G. Treece, will attend the D.A. Davidson Financial Institutions Conference. The conference will take place from May 4 to May 6, 2026, in Nashville, TN. The executives plan to meet with current and prospective investors, and the presentation materials for these meetings are available on the company's website.

Sierra Bancorp reported strong unaudited financial results for the first quarter of 2026, with consolidated net income increasing 38% to $12.5 million, or $0.96 per diluted share, compared to the same period in 2025. The company achieved significant improvements in profitability metrics, including a higher return on average assets and equity, and a fifth consecutive quarter of improvement in its efficiency ratio. Sierra Bancorp also saw a 3% increase in total deposits year-over-year and repurchased 2% of its outstanding shares.

Sierra Bancorp's Board of Directors approved a regular quarterly cash dividend of $0.26 per share of common stock. This dividend is scheduled to be paid on May 11, 2026, to shareholders of record at the close of business on May 4, 2026. The approval followed the Board's review of the company's financial performance and capital for the quarter ended March 31, 2026.