Plumas Stock Price, News & Analysis

Plumas Bancorp (Nasdaq:PLBC) reported third quarter 2025 net income of $5.1 million ($0.74 per share), down from $7.8 million ($1.33) in Q3 2024. Diluted EPS for the quarter was $0.73. Net interest income rose by $6.3 million, while the provision for credit losses increased by $5.8 million and non-interest expense rose by $4.3 million. Q3 results include the July 1, 2025 acquisition of Cornerstone Community Bank: assets acquired totaled $658 million, gross loans $478 million, deposits $580 million, goodwill $18.7 million, and core deposit intangible $11.6 million.

Balance-sheet moves: gross loans +49% to $1.5 billion, deposits +35% to $1.8 billion, and shareholders' equity +35% to $246 million. Nonperforming loans rose to $15.0 million (1.0% of loans). Company reported $6.2 million of non-recurring acquisition expenses in Q3 and provided non-GAAP adjustments showing higher adjusted EPS.

Plumas Bank (NASDAQ:PLBC) announced that Executive Vice President and Chief Credit Officer Jeff Moore will retire at year-end 2025 after a banking career spanning more than four decades.

Kevin Kaiser, senior vice president and Credit Administrator, will succeed Moore as Chief Credit Officer. Kaiser joined Plumas Bank in 2014 and has served as Credit Administrator since 2019, working across portfolio management, special assets, loan documentation, credit services, and loan servicing teams.

During Moore’s tenure (joined 2018), the credit team adopted the Sageworks underwriting platform, launched a Business Express small-business loan product, implemented a financial management tool for the loan tickler process, and updated credit policy to strengthen lending capabilities.

Plumas Bank (NASDAQ: PLBC) has released its 2025 Corporate Citizenship Report, highlighting the bank's strategic growth and commitment to stakeholder value. The report showcases several key achievements, including the successful acquisition of Cornerstone Community Bank in Northern California and the bank's expansion to $2.3 billion in assets with 250 team members.

Under CEO Andrew Ryback's leadership, the bank emphasizes client advocacy, workforce development, and strong governance practices. Notable initiatives include enhanced client support programs, employee career development opportunities, and community engagement through volunteer activities and financial literacy programs.

Founded in 1980 in Quincy, California, Plumas Bank has expanded its operations across Northern California, Nevada, and Oregon through both organic growth and strategic acquisitions, maintaining its position as a well-capitalized institution.

Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank, has declared a quarterly cash dividend of $0.30 per share. The dividend will be payable on August 15, 2025, to stockholders of record as of August 1, 2025.

Plumas Bank, founded in 1980 and headquartered in Quincy, California, operates 19 branch offices across Northeastern California and Northern Nevada, along with loan production offices in California and southern Oregon. The bank maintains its position as one of the top-performing community banks in the country.

Plumas Bancorp (Nasdaq:PLBC) reported Q2 2025 earnings of $6.3 million ($1.07 per share), down from $6.8 million ($1.15 per share) in Q2 2024. The company completed its acquisition of Cornerstone Community Bancorp on July 1, 2025, incurring $481,000 in merger-related costs during Q2.

Key financial metrics include: Return on average assets decreased to 1.56% (from 1.67%), net interest income declined to $18.2 million (from $18.4 million), and gross loans grew 2% to $1.0 billion. Total deposits increased by $62 million (5%) to $1.4 billion, while nonperforming assets rose to 0.84% of total assets (from 0.56%).

Plumas Bancorp (Nasdaq: PLBC) has completed its acquisition of Cornerstone Community Bancorp for approximately $61.3 million, effective July 1, 2025. The transaction terms included 0.6608 shares of Plumas common stock and $9.75 in cash for each Cornerstone share.

The merger adds four branches in Anderson, Red Bluff, and Redding, California. On a pro forma basis, the combined entity now has total assets of $2.3 billion, loans of $1.5 billion, and deposits of $1.9 billion. Ken Robison joins Plumas's board, while Matthew B. Moseley assumes the role of Executive Vice President and Market President.

Cornerstone Community Bancorp shareholders have approved the merger with Plumas Bancorp, with completion expected in early July 2025. The merger will create a combined entity with approximately $2.3 billion in total assets and 19 full-service banking branches across 11 counties in Northern California and Nevada. Under the agreement, Cornerstone shareholders will receive cash and Plumas stock. The merger has received necessary bank regulatory approvals, and Plumas shareholder approval is not required. Cornerstone's CEO Matthew B. Moseley will remain with Plumas post-acquisition. The strategic combination aims to integrate Cornerstone's local expertise with Plumas' advanced technology and small business solutions, enhancing services across their combined markets.

Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank, has announced a regular quarterly cash dividend of $0.30 per share. The dividend will be payable on May 15, 2025, to stockholders of record as of May 1, 2025.

Plumas Bank, founded in 1980 and headquartered in Quincy, California, operates 15 branch offices across Northeastern California and Northern Nevada, along with loan production offices in California and southern Oregon. The bank holding company is headquartered in Reno, Nevada, and is recognized as one of the top performing community banks in the country.

Plumas Bancorp (PLBC) reported strong Q1 2025 results with earnings of $7.2 million or $1.21 per share, up from $6.3 million in Q1 2024. Net-interest income increased by $1.1 million to $18.5 million, while non-interest income rose to $3.2 million.

Key highlights include:

• Gross loans increased 3.5% to $1.0 billion
• Total deposits grew 5.6% to $1.4 billion
• Book value per share increased 15.7% to $31.68
• Return on average assets improved to 1.79%

The company announced a definitive merger agreement with Cornerstone Community Bancorp, which will create a combined entity with over $2.3 billion in assets. The merger-related costs totaled $569 thousand in Q1. Asset quality improved with nonperforming assets decreasing to 0.23% of total assets, down from 0.37% year-over-year.