The Boards of Sierra Bancorp and its wholly-owned subsidiary, Bank of the Sierra, formally accepted a letter of retirement from Vincent L. Jurkovich as a director of those organizations effective as of the close of business on December 31, 2014. The Boards of Sierra Bancorp and its wholly-owned subsidiary, Bank of the Sierra, formally accepted a letter of retirement from Vincent L. Jurkovich as a director of those organizations effective as of the close of business on December 31, 2014. At the same Board meetings, Kevin J. McPhaill, President and Chief Operating Officer, was elected as a director of Sierra Bancorp and Bank of the Sierra effective January 1, 2015.

It is anticipated that he will be named to the Senior Loan Committee, the Investment Committee, and the Insurance Committee. Mr. McPhaill, who is currently 42 years old, has been President and Chief Operating Officer of the company and the Bank since January 1, 2014, and served as an executive vice president and Chief Banking Officer for the company and the Bank from January 1, 2006 until his appointment as President.