secwatch.observer — SEC 8-K summary
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Issuer:     PLUMAS BANCORP (PLBC)
CIK:        0001168455
Form:       8-K
Filed at:   2025-07-16T23:59:59+00:00
Accession:  0001437749-25-022774
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plumas Bancorp Q2 net income $6.3M ($1.07 EPS) down 7% YoY; credit quality weakens
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- Net income $6.3M, EPS $1.07 diluted $1.05; down from $6.8M/$1.15 diluted $1.14 in Q2 2024.
- Nonperforming loans jumped to $13.6M (1.34% of loans) from $9.0M; one ag relationship of $9.9M placed on nonaccrual.
- Merger with Cornerstone Community Bancorp completed July 1, 2025; $481K merger costs in Q2, $1.1M in H1.
- Net interest margin narrowed to 4.83% from 4.89%; net interest income fell $222K to $18.2M.
- Book value per share up 16% to $32.54; total deposits grew 5% to $1.4B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1168455/000143774925022774/0001437749-25-022774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1168455/000143774925022774/plbc20250714c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-022774

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