UNITED STATES
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Sierra Bancorp
(Name of Issuer)
Common Stock
(Title of Class of Securities)
| 82620P102 (Cusip Number) |
12/31/04
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x Rule 13d-1(d)
| CUSIP No. 82620P102 | 13G | Page 2 of 4 Pages |
| 1 | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gregory A. Childress |
|||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) ¨ (B) ¨ |
|||
| 3 | SEC USE ONLY
|
|||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A. |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 SOLE VOTING POWER
981,396 6 SHARED VOTING POWER
742,712 7 SOLE DISPOSITIVE POWER
981,396 8 SHARED DISPOSITIVE POWER
742,712 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,724,108 |
|||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
|
|||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
17.7% |
|||
| 12 | TYPE OF REPORTING PERSON *
Individual |
Schedule 13G
| CUSIP No. 82620P102 | 13G | Page 3 of 4 Pages |
| Item 1: |
(a) |
Issuer:
Sierra Bancorp |
||||||||||
| (b) |
Principal Executive Offices:
86 North Main Street, Porterville, CA. 93257 |
|||||||||||
| Item 2: |
(a) |
Person Filing:
Gregory A. Childress |
||||||||||
| (b) |
Address:
12012 Road 200, Porterville, CA. 93257 |
|||||||||||
| (c) |
Citizen of the U.S.A. | |||||||||||
| (d) |
Class of Securities:
Common Stock, no par value |
|||||||||||
| (e) |
Cusip#
82620P102 |
|||||||||||
| Item 3: |
N/A | |||||||||||
| Item 4: |
(a) | Total Shares Beneficially Owned:
1,724,108 |
||||||||
| (b) | Percentage Ownership:
17.7% |
|||||||||
| (c) | (i) | Shares with Sole Voting Power:
981,396 (includes 95,000 vested option shares) |
||||||||
| (ii) | Shares with Shared Voting Power:
742,712 (3,000 shares owned by Childress, Bates, Childress, Inc. (“CBC”), a corporation of which Mr. Childress is President and a 33 1/3% shareholder; 34,440 shares held by the CBC Defined Benefit Pension Plan, of which Mr. Childress is a co-trustee; and 705,272 shares owned by CPG Ranch, a limited partnership of which Mr. Childress is a general partner). |
|||||||||
| (iii) | Shares with Sole Investment Power:
Same shares as Item i above |
|||||||||
| (iv) | Shares with Shared Investment Power:
Same shares as Item ii above |
|||||||||
| Item 5: |
N/A | |||||||||
| Item 6: |
N/A | |||||||||
| Item 7: |
N/A | |||||||||
| Item 8: |
N/A | |||||||||
| Item 9: |
N/A | |||||||||
| Item 10: |
N/A. | |||||||||
Schedule 13G
| CUSIP No. 82620P102 | 13G | Page 4 of 4 Pages |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| 2/11/05 |
| Date |
| /s/ Gregory A. Childress |
Schedule 13G