KBRA Publishes Surveillance Report for Sierra Bancorp
6 Oct 2023 | New York
On September 8, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Porterville, California-based Sierra Bancorp (NASDAQ: BSRR) (“the company”). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for the lead subsidiary, Bank of the Sierra. The Outlook for all long-term ratings is Stable.
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