---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-001476"
form_type: "8-K"
ticker: "PLBC"
cik: "0001168455"
company_name: "PLUMAS BANCORP"
filed_at: "2024-01-17T23:59:59+00:00"
generated_at: "2026-06-06T22:26:09.201211+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Plumas Bancorp reports record FY2023 net income $29.8M; Q4 net income down 4% YoY to $7.5M

## Summary
- Net income for 2023 $29.8M ($5.08 basic EPS) vs $26.4M ($4.53) in 2022, up 13%.
- Q4 2023 net income $7.5M ($1.28), down 4% from $7.8M ($1.34) in Q4 2022.
- Net interest margin expanded 89 bps to 4.71% for 2023; loans +5% to $959M, deposits -9% to $1.3B.
- Nonperforming assets rose to $5.3M from $1.2M; allowance/loans 1.34% vs 1.18% a year ago.
- Management terminated indirect auto loan program; plans sale-leaseback in Q1 2024 to restructure portfolio.

## SEC filing metadata
- accession: 0001437749-24-001476
- form_type: 8-K
- ticker: PLBC
- cik: 0001168455
- company_name: PLUMAS BANCORP
- filed_at: 2024-01-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1168455/000143774924001476/0001437749-24-001476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1168455/000143774924001476/plbc20240112_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-001476
- JSON: https://secwatch.observer/filing/0001437749-24-001476.json
- Plain text: https://secwatch.observer/filing/0001437749-24-001476.txt

## Key facts
- Earnings Releases
  PLUMAS BANCORP reported the three months ended December 31, 2023 results: net income $7.5 million, EPS $1.28 per share.
  - Period: the three months ended December 31, 2023
  - Net income: $7.5 million
  - EPS: $1.28 per share
  - Result: reported results
  source text: Earnings during the fourth quarter of 2023 totaled $7.5 million or $1.28 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168455/000143774924001476/0001437749-24-001476-index.htm
- Earnings Releases
  PLUMAS BANCORP reported the year ended December 31, 2023 results: net income $29.8 million, EPS $5.08 per share.
  - Period: the year ended December 31, 2023
  - Net income: $29.8 million
  - EPS: $5.08 per share
  - Result: reported results
  source text: For the twelve months ended December 31, 2023, the Company reported net income of $29.8 million or $5.08 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168455/000143774924001476/0001437749-24-001476-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.