secwatch.observer — SEC 8-K summary
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Issuer:     PLUMAS BANCORP (PLBC)
CIK:        0001168455
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0001437749-23-020187
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plumas Bancorp reports record Q2 earnings of $6.7M; NIM expands to 4.69%
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- Net income Q2 2023 $6.7M ($1.14 diluted) vs $5.7M ($0.96) YoY, record earnings.
- Net interest margin 4.69% up 112 bps; ROAA 1.70% vs 1.40% YoY.
- Nonperforming assets rose to $9.6M (0.61% of assets) from $2M; walnut grower loans.
- Gross loans +9% to $936M; total deposits -$77M to $1.4B; no brokered deposits.
- Chico branch opened in Q2; exploring strategic opportunities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1168455/000143774923020187/0001437749-23-020187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1168455/000143774923020187/plbc20230717_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-020187

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer