secwatch.observer — SEC 8-K summary
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Issuer:     PLUMAS BANCORP (PLBC)
CIK:        0001168455
Form:       8-K
Filed at:   2026-04-15T23:59:59+00:00
Accession:  0001437749-26-012305
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plumas Bancorp posts record Q1 net income of $9.8M, EPS $1.40, up 36% YoY
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1168455/000143774926012305/0001437749-26-012305-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1168455/000143774926012305/plbc20260413_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-012305

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer