Bank of the Sierra
Porterville, California, Tulare County
$3.7B in total assets, the 360th largest of 4,309 US banks and 32nd of 120 headquartered in California.
- FDIC certificate
- 22597
- Established
- 1978
- Owned by
- Sierra Bcorp
- Primary regulator
- FDIC
- Website
- www.bankofthesierra.com
At a glance
Compared with 51 banks headquartered in California with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $3.7B | 59% | $2.7B | |
| Loans | $2.5B | 63% | $1.8B | |
| Deposits | $2.9B | 61% | $2.3B | |
| Return on assets | 1.34% | 61% | 1.21% | |
| Net interest margin | 3.69% | 45% | 3.81% | |
| Efficiency ratio | 54.9% | 53% | 53.5% | |
| Equity to assets | 12.02% | 63% | 11.31% | |
| Loans to deposits | 84% | 38% | 90% |
Growth
Total assets grew 2.6% a year over the last 5 years and 7.3% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2017 | Ojai Community Bank Ojai, CA | $275M |
| Jul 2016 | Coast National Bank San Luis Obispo, CA | $150M |
| Nov 2014 | Santa Clara Valley Bank, National Association Santa Paula, CA | $129M |
| May 2000 | Sierra National Bank Tehachapi, CA | $90M |
Where they operate
35 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Tulare County, CA | $1.5B | 20.9% | 1 of 13 |
| Kern County, CA | $451M | 4.0% | 8 of 15 |
| Ventura County, CA | $299M | 1.3% | 10 of 21 |
| Fresno County, CA | $286M | 1.5% | 13 of 22 |
| San Luis Obispo County, CA | $197M | 2.3% | 10 of 14 |
| Kings County, CA | $109M | 6.8% | 7 of 10 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 6 branches since 2016 (29 to 35, +20.7%). 7 opened, 6 acquired, 7 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 29 | |||
| 2016 | Acquired Coast National BankOpened Atascadero and Sanger | 5 | 0 | +5 | 34 |
| 2017 | Acquired Ojai Community BankOpened Bakersfield and Pismo Beach, closed Fresno | 5 | 1 | +4 | 38 |
| 2018 | Opened 3 in California | 3 | 0 | +3 | 41 |
| 2021 | Closed 5 in California | 0 | 5 | −5 | 36 |
| 2025 | Closed Tulare | 0 | 1 | −1 | 35 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 51% | 47% | |
| 1-4 family residential | 14% | 14% | |
| Multifamily | 5% | 13% | |
| Business (C&I) | 5% | 15% | |
| Farmland | 3% | 2% | |
| Agricultural | 2% | 1% | |
| Construction and land | 1% | 3% | |
| Consumer | 0% | 2% | |
| Other | 19% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 42% | 49% | |
| Noninterest-bearing | 35% | 28% | |
| Time deposits | 23% | 23% |
Brokered deposits are 10.8% of deposits (peers 4.4%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.43% | 0.47% |
| Net charge-offs, annualized | 0.02% | 0.06% |
| Reserves to loans | 0.96% | 1.28% |
| Leverage ratio | 12.25% | 11.65% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in California
Largest competitors in Tulare County, CA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/sierra