PLBC
Plumas Bancorp45.90
-0.11-0.24%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
319.26MP/E (TTM)
10.83Basic EPS (TTM)
4.24Dividend Yield
0.03%Recent Filings
8-K
Sale-leaseback yields $5.5M gain
Plumas Bancorp's bank sold two Quincy admin offices to BBS Branch III for $5.55M cash on Nov 19, 2025, then leased them back under 15-year triple-net leases at ~$463K initial annual rent, rising 3% yearly. Deal booked $5.5M pre-tax gain. Company eyes securities sales to offset gain against lease costs.
10-Q
Q3 FY2025 results
Plumas Bancorp's Q3 net interest income jumped 36% y/y to $25.2M on loan growth to $1.5B, fueled by the July 1, 2025 Cornerstone acquisition for $61.3M (1M shares/$16.1M cash), adding $462M loans, $581M deposits, $18.7M goodwill, and $11.6M core deposit intangible (10-year life). Diluted EPS fell to $0.73 from $1.31 amid $5.4M credit provision (derived) versus prior recovery, yet cash swelled to $87M with $26.7M other borrowings. Balance sheet doubled to $2.2B. Non-GAAP EPS not disclosed in the 10-Q. Agricultural nonaccruals bear watching.
8-K
8-K
Investor presentation disclosed
8-K
Cornerstone deal dents Q3 earnings
Plumas Bancorp completed its Cornerstone acquisition on July 1, 2025, adding $658M assets, $478M loans, $580M deposits—yet Q3 net income fell to $5.1M ($0.73/share) from $7.8M ($1.31/share) due to $6.2M merger costs and $5.8M higher credit provisions. Loans surged 49% to $1.5B, deposits 35% to $1.8B. Non-GAAP earnings hit $9.5M ($1.35/share). Integration advances.
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