SIERRA BANCORP

Ticker: BSRR CUSIP: 82620P102 Class: Common Stock

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019

Shares 24,680 Value ($000) $600 Avg Close $19.91 Range $17.45 - $21.39

Q4 2018

Shares 24,680 Value ($000) $593 Avg Close $20.47 Range $17.53 - $22.10

Q3 2016

Shares 25,770 Value ($000) $483 Avg Close $12.90 Range $11.26 - $13.70

Q2 2016

Shares 25,770 Value ($000) $430 Avg Close $12.49 Range $11.74 - $13.65

Q1 2016

Shares 8,970 Value ($000) $163 Avg Close $12.78 Range $11.23 - $15.55

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	24,680	$600	$19.91	$17.45 - $21.39
Q4 2018	24,680	$593	$20.47	$17.53 - $22.10
Q3 2016	25,770	$483	$12.90	$11.26 - $13.70
Q2 2016	25,770	$430	$12.49	$11.74 - $13.65
Q1 2016	8,970	$163	$12.78	$11.23 - $15.55