secwatch.observer — SEC 8-K summary
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Issuer:     PLUMAS BANCORP (PLBC)
CIK:        0001168455
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0001437749-24-031301
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plumas Bancorp Q3 2024 EPS $1.33, net income $7.8M, down from $8.0M YoY
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- Net income $7.8M ($1.33 basic EPS) vs $8.0M ($1.36) in Q3 2023; diluted EPS $1.31.
- Net interest income rose $1.1M to $18.9M; net interest margin 4.76% vs 4.77% YoY.
- Gross loans +$45M to $1.0B; deposits -$51M to $1.35B; non-interest demand 52%.
- Nonperforming assets flat at $4.8M; allowance for credit losses 1.35% of loans.
- Non-recurring litigation costs of $376K in Q3 2024; BTFP borrowings $60M outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1168455/000143774924031301/0001437749-24-031301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1168455/000143774924031301/plbc20241011_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-031301

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