Sierra Bancorp (BSRR) will raise its quarterly dividend to $0.14 per share.

The dividend was approved subsequent to the Board's review of the Company's financial performance and capital strength for the quarter ended December 31, 2016. It will be paid on February 16, 2017 to shareholders of record as of February 2, 2017. Including dividends paid by Bank of the Sierra prior to the formation of Sierra Bancorp, the Company has paid regular cash dividends to shareholders every year since 1987, comprised of annual dividends from 1987 through 1998 and quarterly dividends since then. The dividend noted in today's announcement marks the Company's 72nd consecutive regular quarterly cash dividend.

Sierra Bancorp is a bank holding company for Bank of the Sierra, a state-chartered bank, which offers a range of retail and commercial banking services.  The Bank's products and services are related to the business of lending money and accepting deposits.