THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Sierra Bancorp (BSRR)

4/20/2006 Proxy Information

Certain of the executive officers, directors and principal shareholders of the Company and the companies with which they are associated have been customers of, and have had banking transactions with, the Bank in the ordinary course of the BankÕs business since January 1, 2005, and the Bank expects to continue to have such banking transactions in the future. All loans and commitments to lend included in such transactions were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons of similar creditworthiness, and in the opinion of management, did not involve more than the normal risk of repayment or present any other unfavorable features.