Welcome to our dedicated page for TRICO BANCSHARES / SEC filings (Ticker: TCBK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
TriCo Bancshares filings document the public-company record for a California bank holding company whose primary subsidiary is Tri Counties Bank. Recent current reports furnish unaudited operating results, Regulation FD investor materials, dividend declarations and share repurchase authorization, with disclosures tied to net interest income, loan and deposit trends, credit quality and capital actions.
Proxy materials cover board governance, shareholder voting matters, executive compensation and equity-award information. The filing record also identifies the company's common stock, no par value, traded on Nasdaq under TCBK, and the corporate and governance framework supporting its commercial and retail banking operations in California.
TriCo Bancshares agreed to be acquired by First Hawaiian, Inc. in an all-stock merger. TriCo shareholders will receive 2.095 First Hawaiian shares for each TriCo share, implying $63.12 per TriCo share and valuing the deal at about $2.02 billion based on First Hawaiian’s July 10, 2026 price.
The combined bank is expected to have about $34 billion of assets, $29.2 billion of deposits, and 117 branches, with pro forma cost of deposits of 1.23% and a loans-to-deposits ratio of 74%. After closing, First Hawaiian and TriCo holders are expected to own roughly 65% and 35% of the combined company, respectively, with no planned branch closures and Tri Counties Bank retaining its brand on the mainland. The transaction, unanimously approved by both boards, is targeted to close by the end of 2026, subject to shareholder and regulatory approvals.
Deal assumptions include about $61 million of pre-tax cost synergies (25% of TriCo’s 2026 noninterest expense), one-time pre-tax merger costs of $125 million, and a loan credit mark of $135 million, producing modeled 2027 EPS accretion of roughly 6%, tangible book value dilution of 4.7% with a 2.8-year earnback, and a pro forma CET1 ratio of about 12.4% at close. First Hawaiian also previewed second-quarter 2026 net income of $73.4 million and diluted EPS of $0.60, with net interest margin of 3.25% and return on average assets of 1.23%.
Trico Bancshares Chief Information Officer Jason Todd Levingston reported compensation-related share activity, including the vesting of performance stock units (PSUs). On June 25, 2026, 1,467 PSUs were exercised into an equivalent number of Common Stock shares after performance certification.
The footnotes state these PSUs vested at 109.36% of the target number, based on total stockholder return relative to the KBW Regional Banking Index. To cover tax liabilities, 940 Common Stock shares were withheld at $53.55 per share. Following these transactions, Levingston holds 3,354.29 Common Stock shares directly and 1,049.64 shares indirectly through an ESOP, with no open-market purchases or sales reported.
TriCo Bancshares EVP Chief Credit Officer Craig B. Carney reported the vesting of performance stock units tied to relative total stockholder return, resulting in the acquisition of 4,561 shares of common stock on June 25, 2026. 2,675 shares were withheld at $53.55 per share to satisfy tax obligations. Following these transactions he holds 40,688 TriCo Bancshares common shares directly, plus 9,898.03 shares via an ESOP and 166.27 shares held indirectly through his daughter.
Trico Bancshares EVP and CFO Peter G. Wiese reported compensation-related equity activity involving performance stock units and common stock. On June 25, 2026, 5,724 Performance Stock Units were exercised into 5,724 shares of common stock at $0.00 per share, following vesting tied to total stockholder return versus the KBW Regional Banking Index at 109.36% of target. On the same date, 3,659 common shares valued at $53.55 per share were withheld to satisfy tax liabilities, which is a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Wiese held 53,350 common shares directly, plus indirect holdings of 2,700 shares through a family trust and 1,761.43 shares through an ESOP.
TRICO BANCSHARES (TCBK) SVP and General Counsel Gregory A. Gehlmann reported performance stock unit vesting and related share movements. On June 25, 2026, performance-based stock units converted into 2,630 shares of Common Stock, reflecting PSU vesting at 109.36% of target based on total stockholder return versus the KBW Regional Banking Index.
To cover tax obligations from this vesting event, 1,686 Common shares were disposed of as a tax-withholding transaction, not an open-market sale. After these transactions, Gehlmann held 22,721.9873 Common shares directly and 2,380.8300 Common shares indirectly through an ESOP.
TRICO BANCSHARES Chief Risk Officer Angela Tamara Rudd reported compensation-related stock activity involving performance stock units and related tax withholding. On June 25, 2026, 667 Performance Stock Units converted into 667 shares of common stock following vesting based on the company’s total stockholder return relative to the KBW Regional Banking Index, with the award vesting at 109.36% of the target level.
To cover tax obligations from this vesting, 235 common shares were disposed of at $53.55 per share through a tax-withholding disposition, rather than an open-market sale. After these transactions, Rudd held 5,499.2622 shares of common stock directly and 2,690.9300 shares indirectly through an ESOP, along with 2,557.0000 Performance Stock Units remaining outstanding.
Trico Bancshares CEO and President Richard P. Smith reported a routine equity compensation event involving performance stock units (PSUs) and related tax withholding. On June 25, 2026, PSUs converted into 13,271 shares of Common Stock, reflecting a vesting level of 109.36% of the target award based on total stockholder return versus the KBW Regional Banking Index.
To cover tax obligations, 8,511 Common shares were withheld at $53.55 per share, which is a tax-withholding disposition rather than an open-market sale. After these transactions, Smith held 287,747 Common shares directly, along with additional indirect holdings through an ESOP trustee, the ESOP itself, and his spouse.
TRICO BANCSHARES executive Daniel K. Bailey reported compensation-related stock activity tied to performance awards and tax withholding. Performance stock units vested based on total stockholder return relative to the KBW Regional Banking Index and converted into 4,373 shares of Common Stock on the certification date.
In connection with these awards, Bailey exercised rights to acquire 4,782 additional Common shares, and 2,804 shares were withheld at $53.55 per share to pay tax liabilities, rather than being sold in the open market. After these transactions, he directly holds 61,270.41 Common shares and indirectly holds 11,831.95 shares through an ESOP.
Trico Bancshares director Cory W. Giese reported updated holdings of the company’s common stock. The only coded transaction was a J-code “other” transaction involving 426,838 shares held through family trusts where his spouse is co-trustee and he is not a beneficiary.
The filing also lists indirect holdings of 1,113,794 shares as ESOP trustee and 44,242 shares held by his spouse, plus 10,460.47 shares held directly. These entries describe how his interests are held and reflect entity and family ownership rather than open-market buying or selling.
TRICO BANCSHARES Chief Information Officer Jason Todd Levingston reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 12, 2026, 33% of a restricted stock unit award granted on June 12, 2023 vested, including accumulated dividends. The vesting converted 539 restricted stock units into an equal number of common shares at a price per share of $52.64 on the vesting date. To cover tax obligations, 316 common shares were withheld in a tax-withholding disposition, a non-market transaction. Following these transactions, Levingston held 2,690.29 common shares directly and 1,049.64 common shares indirectly through an ESOP, indicating this filing reflects standard compensation and tax treatment rather than open-market trading.