1130144--3/13/2008--SIERRA

related topics

{condition, economic, financial}

{personnel, key, retain}

{loan, real, estate}

{provision, law, control}

{stock, price, share}

{loss, insurance, financial}

{stock, price, operating}

{cost, operation, labor}

Poor economic conditions in our market areas could hurt our business materially. Conditions which have a negative impact on the agricultural industry could have an adverse effect on our customers and their ability to make payments to us. Concentrations of real estate loans could subject us to increased risks in the event of a real estate recession or natural disaster. We may experience loan and lease losses in excess of our allowance for loan and lease losses. We may not be able to continue to attract and retain banking customers at current levels, and our efforts to compete may reduce our profitability. Our earnings are subject to interest rate risk, especially if rates rise. We may have difficulty managing our growth. You may not be able to sell your shares at the times and in the amounts you want if the trading market for our stock does not remain active. We depend on our executive officers and key personnel to implement our business strategy and could be harmed by the loss of their services. Our directors and executive officers control a large amount of our stock, and your interests may not always be the same as those of the board and management. Provisions in our articles of incorporation will delay or prevent changes in control of our corporation or our management.

Full 10-K form ▸

1130144--3/13/2008--SIERRA_BANCORP