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Published: Sunday 29 September, 2013

clothes online shops clothes online shops ?Sierra Bancorp Chief Operating Officer to Retire



PORTERVILLE Porterville, city 1990 pop. 29,563, Tulare co., S central Calif., on the Tule River; founded 1859 on the old Los Angeles Francisco stage route, inc. 1902. , Calif. Sierra Bancorp Nasdaq:BSRR BSRR Birmingham Southern Railroad Alabama announced today that Kenneth E. Goodwin, Executive Vice President and Chief Operating Officer Chief Operating Officer COO



The officer of a firm responsible for daytoday management, usually the president or an executive vicepresident. of Sierra Bancorp and its whollyowned subsidiary, Bank of the Sierra together, the Company, will retire by yearend 2005 due to recent health concerns. Mr. Goodwin has been an executive officer of Bank of the Sierra since it commenced operations in January 1978, and has been the Chief Operating Officer since 1995.



Ken has been an integral part of the Bank since the beginning, and has been a major contributor to our success and growth, noted James C. Holly, the founding President and Chief Executive Officer of the Company.



pl ties and anticipate a smooth management succession, added Holly.



Pursuant to the Companys succession plan, at the time of Mr. Goodwins retirement the Chief Operating Officer position will be transitioned into a new executivelevel position titled Chief Banking Officer. The primary responsibilities of the Chief Banking Officer will include business development activities, overall branch administration, and branch expansion. The Company will initially focus on qualified internal candidates for Chief Banking Officer, and is confident th clothes online shops at it will successfully fill the position prior to yearend. San Joaquin Valley a vast valley in central California known for its rich farmland



Calif., California, Golden State, CA a state in the western United States on the Pacific; the 3rd largest state; known for earthquakes . The Company has over $1 billion in total assets and currently maintains eighteen branch offices and two agricultural credit centers. In June 2005, Sierra Bancorp was added to the Russell 2000 index Russell 2000 Index



A measure of a public companys size. Market capitalization is the total dollar value of all outstanding shares. Its calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. . In its July 2005 edition, US Banker magazine ranked Sierra Bancorp as the nations 8th best performing publiclytraded community bank in the nation, based on threeyear average return on equity.



The statements contained in this release that are not historical facts are forwardlooking statements forwardlooking statement



A projected financial statement based on management expectations. A forwardlooking stat clothes online shops ement involves risks with regard to the accuracy of assumptions underlying the projections. based on managements current expectations and beliefs concerning future developments and their potential effects on the Company. Readers are cautioned not to unduly rely on forward looking statements. Actual results may differ from those projected. These forwardlooking statements involve risks and uncertainties including clothes online shops but not limited to the banks ability to maintain current dividend payments or increase dividend payouts to shareholder, its ability to continue to generate record financial results, changes in economic conditions, interest rates and loan portfolio performance, and other factors detailed in the Companys SEC filings. Sierra Bancorp undertakes no responsibility to update or revise any forwardlooking statements. clothes online shops

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