PORTERVILLE, Calif. (AP) — PORTERVILLE, Calif. (AP) — Sierra Bancorp (BSRR) on Monday reported third-quarter profit of $15.3 million.

The Porterville, California-based bank said it had earnings of $1.18 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.

The parent company of Bank of the Sierra posted revenue of $50.6 million in the period. Its revenue net of interest expense was $40.1 million, also topping Street forecasts. Four analysts surveyed by Zacks expected $39.3 million.

Sierra Bancorp shares have risen 28% since the beginning of the year. The stock has risen 53% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BSRR at https://www.zacks.com/ap/BSRR