SECURITIES & EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

Sierra Bancorp

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(Name of Issuer)

Common Stock

---

(Title of Class of Securities)

 

 

82620P102                                 (Cusip Number)

12/31/05

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(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)

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CUSIP No. 82620P102		13G		Page 2 of 5 Pages

 

1		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
		Morris A. Tharp
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
		732
		6    SHARED VOTING POWER
		459,028
		7    SOLE DISPOSITIVE POWER
		732
		8    SHARED DISPOSITIVE POWER
		459,028

9		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
		519,760 (includes 60,000 vested option shares)
10		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
11		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
		5.32%
12		TYPE OF REPORTING PERSON *
		Individual

Schedule 13G

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CUSIP No. 82620P102		13G		Page 3 of 5 Pages

 

Item 1:

(a)

Issuer:

Sierra Bancorp

(b)

Principal Executive Offices:

86 North Main Street, Porterville, CA. 93257

Item 2:

(a)

Person Filing:

Morris A. Tharp

(b)

Address:

15243 Road 192, 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

Schedule 13G

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CUSIP No. 82620P102		13G		Page 4 of 5 Pages

 

Item 4:

(a)

Total Shares Beneficially Owned:

519,760 (includes 60,000 vested option shares)

(b)

Percentage of Ownership:

5.32%

(c)

(i)

Shares with Sole Voting Power:

732

(ii)

Shares with Shared Voting Power:

459,028

(iii)

Shares with Sole Dispositive Power:

732

(iv)

Shares with Shared Dispositive Power:

459,028

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

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CUSIP No. 82620P102		13G		Page 5 of 5 Pages

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.

 

Schedule 13G