Businesswire·2025-10-24 12:01Core Points - Sierra Bancorp has announced a new share repurchase program allowing the repurchase of up to 1,000,000 shares of its common stock, effective after the current program expires on October 31, 2025, and continuing until October 31, 2026 [1] - The company declared a quarterly cash dividend of $0.25 per share, marking its 107th consecutive quarterly cash dividend, to be paid on November 14, 2025 [2] Company Overview - Sierra Bancorp is the parent company of Bank of the Sierra, which has been operating for 48 years and is one of the largest independent banks in the South San Joaquin Valley [3] - Bank of the Sierra offers a wide range of retail and commercial banking services through full-service branches across several counties in California and maintains an online branch [3] - In 2025, Bank of the Sierra was recognized as one of the strongest community banks in the country, receiving a 5-star rating from Bauer Financial [3]