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Commercial Banks: Sierra To Pay 6 Cents

July 19, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Sierra Bancorp (NASDAQ: BSRR) said that its board of directors has declared a regular quarterly cash dividend of $0.06 per share, subsequent to the board's review of the company's preliminary financial results and capital strength for the quarter ended June 30, 2010. The dividend will be paid on August 11, 2010 to shareholders of record as of July 28, 2010.

California-based Sierra Bancorp is the holding company for Bank of the Sierra, which serves the South San Joaquin Valley.

The company posted $1.3 billion in total assets with 25 branch offices, an agricultural credit center, an SBA center, an online branch, and more than 400 employees.

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