BJ North
On March 27, 2025, BJ North, Plumas Bank’s Executive Vice President and Chief Banking Officer, notified the bank that she intends to retire effective on July 15, 2025.
Highest-materiality recent filing
Plumas Bancorp posts record Q1 net income of $9.8M, EPS $1.40, up 36% YoY
Net income $9.8M ($1.38 diluted) vs $7.2M ($1.20) a year ago; net interest income $25.1M, up 36%.
Plumas Bancorp authorizes $25M share repurchase program through Q4 2026
Board authorizes repurchase of up to $25M of common stock through Q4 2026.
Plumas Bancorp Q4 net income rises to $10.9M; full-year EPS dips to $4.54 on merger costs
Q4 2025 net income $10.9M ($1.58 diluted EPS) vs $7.7M ($1.29) a year ago; annualized ROAA 1.93%.
Plumas Bancorp completes $5.55M sale-leaseback of two Quincy offices; pre-tax gain ~$5.5M
Sold two administrative offices in Quincy, CA for $5,550,000 cash to BBS Branch III, LLC.
Plumas Bancorp Q3 net income $5.1M ($0.74/sh) down 35% YoY; acquired Cornerstone
Net income $5.1M, down from $7.8M in Q3 2024; diluted EPS $0.73 vs $1.31.
Plumas Bancorp Q2 net income $6.3M ($1.07 EPS) down 7% YoY; credit quality weakens
Net income $6.3M, EPS $1.07 diluted $1.05; down from $6.8M/$1.15 diluted $1.14 in Q2 2024.
Plumas Bancorp completes acquisition of Cornerstone Community Bancorp for ~$61.3M
Each Cornerstone share converted to 0.6608 Plumas shares + $9.75 cash; total consideration ~$61.3M.
Cornerstone shareholders approve merger into Plumas Bancorp; close expected early July 2025
Cornerstone shareholders approved the merger agreement; Plumas has obtained all required bank regulatory approvals.
Plumas Bancorp Q1 EPS $1.21, up 14% YoY; NIM expands to 4.95%
Net income $7.2M ($1.20 diluted) vs $6.3M ($1.05) in Q1 2024; revenue net interest income $18.5M (+$1.1M).
Plumas Bancorp to acquire Cornerstone Community Bancorp for ~$64.6M in stock and cash
Each Cornerstone share to receive 0.6608 Plumas shares + $9.75 cash; valued at $41.31/share based on Jan 28 close.
Plumas Bancorp reports full-year net income $28.6M ($4.85 EPS), down 4% from 2023
Q4 net income $7.7M ($1.31 basic EPS) vs $7.5M ($1.28 basic EPS) in Q4 2023.
Plumas Bancorp Q3 2024 EPS $1.33, net income $7.8M, down from $8.0M YoY
Net income $7.8M ($1.33 basic EPS) vs $8.0M ($1.36) in Q3 2023; diluted EPS $1.31.
On March 27, 2025, BJ North, Plumas Bank’s Executive Vice President and Chief Banking Officer, notified the bank that she intends to retire effective on July 15, 2025.
On January 15, 2025, the Board of Directors of Plumas Bancorp (the “Company”) appointed Kevin Foster to serve as a director of the Company.
Max materiality 0.85 · Median 0.30 · Most common event other_material