earnings
confidence high
sentiment positive
materiality 0.70
Plumas Bancorp posts record Q1 net income of $9.8M, EPS $1.40, up 36% YoY
PLUMAS BANCORP
2026-Q1 EPS reported
$1.38
- Net income $9.8M ($1.38 diluted) vs $7.2M ($1.20) a year ago; net interest income $25.1M, up 36%.
- Acquisition of Cornerstone Community Bancorp closed July 2025: added $658M assets, $478M loans, $580M deposits.
- Nonperforming assets rose to $14.4M (0.65% of assets) from $3.8M, mainly one $9.3M ag loan relationship.
- Board authorized $25M stock repurchase; 41k shares bought for $2.0M in Q1; book value per share $38.05, up 20%.