secwatch.observer — SEC 8-K summary
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Issuer:     PLUMAS BANCORP (PLBC)
CIK:        0001168455
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001437749-25-001172
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plumas Bancorp reports full-year net income $28.6M ($4.85 EPS), down 4% from 2023
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- Q4 net income $7.7M ($1.31 basic EPS) vs $7.5M ($1.28 basic EPS) in Q4 2023.
- Full-year EPS decreased to $4.85 from $5.08; ROAA fell to 1.74% from 1.88% and ROAE fell to 17.2% from 23.4%.
- Net interest margin expanded to 4.79% for the year (4.71% in 2023); loans grew 6% to $1B, deposits up 3% to $1.4B.
- Non-interest income declined $1.9M largely due to a $19.9M gain on building sale offset by $19.8M investment loss and absence of 2023 swap termination gain.
- Nonperforming assets improved to 0.27% of total assets (down from 0.33%); allowance for credit losses 1.30% of loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1168455/000143774925001172/0001437749-25-001172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1168455/000143774925001172/plbc20250113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-001172

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