Plumas Bancorp operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The company offers various deposit products, such as checking, interest-bearing checking, public funds and business sweep, savings, and retirement accounts, as well as time and remote deposits. Its loan portfolio comprises consumer loans, including residential equity lines of credit and automobile loans; real estate, and commercial and industrial term loans; government-guaranteed and agricultural loans; land development and construction loans; and credit lines. The company also provides cashier's check, bank-by-mail, automated teller machine (ATM), night depository, safe deposit box, direct deposit, electronic funds transfer, and other customary banking services, as well as telephone and mobile banking services, including mobile deposit and Internet banking services with bill-pay options. It operates 11 branches located in Plumas, Lassen, Placer, Nevada, Modoc, and Shasta counties, California; and 2 branches situated in Washoe and Carson City counties, Nevada, as well as 2 loan production offices located in Placer and Butte counties, California; and 1 loan production office situated in the Oregon County of Klamath. The company also operates 17 ATMs. Plumas Bancorp was founded in 1980 and is headquartered in Reno, Nevada.
IPO Year:
Exchange: NASDAQ
Website: plumasbank.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/27/2025 | $60.00 | Overweight | Piper Sandler |
11/27/2024 | $60.00 | Overweight | Stephens |
8/31/2023 | $38.00 | Outperform | Raymond James |
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Piper Sandler initiated coverage of Plumas Bancorp with a rating of Overweight and set a new price target of $60.00
Stephens initiated coverage of Plumas Bancorp with a rating of Overweight and set a new price target of $60.00
Raymond James initiated coverage of Plumas Bancorp with a rating of Outperform and set a new price target of $38.00
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QUINCY, Calif., Oct. 10, 2025 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp, today announced that Jeff Moore, Executive Vice President and Chief Credit Officer, will retire at year-end. Since joining Plumas Bank in 2018, Moore has provided strong leadership and expertise, guiding the bank's credit teams through pivotal advancements. Moore's banking career spans more than four decades. During his tenure at Plumas Bank, he and his team led the adoption of the Sageworks underwriting platform in the commercial lending process, introduced a Business Express product to expedite small business loan delivery across branches and lending teams, and implemented a fina
RENO, Nev., Aug. 29, 2025 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp (NASDAQ:PLBC), today announced the publication of its 2025 Corporate Citizenship Report. The report highlights how Plumas Bank's values-based philosophy fuels continued growth, strengthens competitiveness, and drives measurable returns for investors. "This report reflects the deliberate, steady approach that has guided Plumas Bank for more than four decades," said Andrew Ryback, Plumas Bank President and CEO. "Our strategy is built on disciplined governance and a clear focus on client success. Through deliberate, measured decisions and continued investment in our people, we are building
RENO, Nev., July 17, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.30 per share, payable August 15, 2025, to stockholders of record as of August 1, 2025. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 19 branch offices in Northeastern California and Northern Nevada, and loan production offices in Cal
RENO, Nev., July 16, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, today announced earnings during the second quarter of 2025 of $6.3 million or $1.07 per share, a decrease of $465 thousand from $6.8 million or $1.15 per share during the second quarter of 2024. Diluted earnings per share decreased to $1.05 per share during the three months ended June 30, 2025 down from $1.14 per share during the quarter ended June 30, 2024. Return on average assets was 1.56% during the current quarter, down from 1.67% during the second quarter of 2024. Return on average equity decreased to 13.4% for the three months ended June 30, 2025, down from 17.1% during th
RENO, Nev., July 02, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp ("Plumas") (NASDAQ:PLBC) announced today the completion of its acquisition of Cornerstone Community Bancorp ("Cornerstone"), the holding company for Cornerstone Community Bank, effective July 1, 2025. On the same day, Cornerstone Community Bank merged with and into Plumas's subsidiary, Plumas Bank. The transaction was previously announced on January 28, 2025. Under the terms of the merger agreement between Plumas and Cornerstone, each issued and outstanding share of common stock of Cornerstone was converted into the right to receive a combination of 0.6608 shares of Plumas common stock and $9.75 in cash. The value of the total d
RENO, Nev., June 03, 2025 (GLOBE NEWSWIRE) -- Cornerstone Community Bancorp ("Cornerstone") and Plumas Bancorp ("Plumas") announced today that Cornerstone's shareholders approved the principal terms of the Agreement and Plan of Merger and Reorganization providing for the merger of Cornerstone with and into Plumas (the "Merger") and the conversion of each outstanding share of Cornerstone common stock into the right to receive cash and stock of Plumas. The completion of the Merger is subject to the satisfaction or waiver of the conditions set forth in the merger agreement. Plumas has received the bank regulatory approvals necessary to complete the Merger. The approval of Plumas shareholders
RENO, Nev., April 17, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.30 per share, payable May 15, 2025, to stockholders of record as of May 1, 2025. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 15 branch offices in Northeastern California and Northern Nevada, and loan production offices in Califor
RENO, Nev., April 16, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced first quarter earnings of $7.2 million or $1.21 per share, up from $6.3 million or $1.06 per share during the first quarter of 2024. Diluted earnings per share was $1.20 during the three months ended March 31, 2025, up from $1.05 per share during the quarter ended March 31, 2024. Return on average assets was 1.79% during the current quarter, up from 1.55% during the first quarter of 2024. Return on average equity was 16.0% for the three months ended March 31, 2025, down from 16.4% during the first quarter of 2024. Net-interest income increased by $
RENO, Nev., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp ("Plumas") (NASDAQ:PLBC) and Cornerstone Community Bancorp ("Cornerstone") (OTCPK: CRSB) jointly announce the signing of a definitive merger agreement (the "Agreement") whereby Plumas will acquire Cornerstone in a stock and cash transaction valued at approximately $64.6 million (the "Transaction") based on the closing price of $47.76 for Plumas shares on January 28, 2025. On a pro forma consolidated basis, the combined company would have approximately $2.3 billion in assets, $2.0 billion in deposits, $1.5 billion in loans, and operate 19 branches throughout Northern California and Western Nevada. Cornerstone, headquartered in Re
RENO, Nev., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the bank holding company and the parent company of Plumas Bank, recently announced the appointment of Kevin Foster to its Board of Directors, effective January 15, 2025. Foster retired in 2023 after a distinguished 40-year career in banking and technology. His most recent position was at Ernst & Young, one of the largest professional services organizations in the world. His expertise lies in various aspects of banking including lending, technology, cybersecurity, data, consulting, and sales, with a focus on driving transformation, efficiency, and compliance. Foster holds a Bachelor of Science degree in Finance from
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RENO, Nev., July 02, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp ("Plumas") (NASDAQ:PLBC) announced today the completion of its acquisition of Cornerstone Community Bancorp ("Cornerstone"), the holding company for Cornerstone Community Bank, effective July 1, 2025. On the same day, Cornerstone Community Bank merged with and into Plumas's subsidiary, Plumas Bank. The transaction was previously announced on January 28, 2025. Under the terms of the merger agreement between Plumas and Cornerstone, each issued and outstanding share of common stock of Cornerstone was converted into the right to receive a combination of 0.6608 shares of Plumas common stock and $9.75 in cash. The value of the total d
RENO, Nev., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp ("Plumas") (NASDAQ:PLBC) and Cornerstone Community Bancorp ("Cornerstone") (OTCPK: CRSB) jointly announce the signing of a definitive merger agreement (the "Agreement") whereby Plumas will acquire Cornerstone in a stock and cash transaction valued at approximately $64.6 million (the "Transaction") based on the closing price of $47.76 for Plumas shares on January 28, 2025. On a pro forma consolidated basis, the combined company would have approximately $2.3 billion in assets, $2.0 billion in deposits, $1.5 billion in loans, and operate 19 branches throughout Northern California and Western Nevada. Cornerstone, headquartered in Re
RENO, Nev., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the bank holding company and the parent company of Plumas Bank, recently announced the appointment of Kevin Foster to its Board of Directors, effective January 15, 2025. Foster retired in 2023 after a distinguished 40-year career in banking and technology. His most recent position was at Ernst & Young, one of the largest professional services organizations in the world. His expertise lies in various aspects of banking including lending, technology, cybersecurity, data, consulting, and sales, with a focus on driving transformation, efficiency, and compliance. Foster holds a Bachelor of Science degree in Finance from
RENO, Nev., Feb. 08, 2024 (GLOBE NEWSWIRE) -- The directors of Plumas Bancorp (NASDAQ:PLBC), a bank holding company and the parent company of Plumas Bank, are pleased to announce the appointment of Sushil Patel to the Plumas Bancorp and Plumas Bank Board of Directors. Patel is from South Lake Tahoe, Calif., and has been actively involved in developing real estate projects in both Nevada and California for more than 20 years. A successful business leader in the hospitality and lodging industry, Patel is owner of Laxmi Hotels and managing partner at Mountain West Builders. He owns and operates five hotel properties in Lake Tahoe and Reno, Nev. and co-leads one of the largest multifamily c
RENO, Nev., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, announced the recent retirement of board director, Gerald W. Fletcher, after 34 years of service. Mr. Fletcher's retirement, effective December 31, 2022, was required by the age-based retirement policy in the company's Corporate Governance Guidelines. Fletcher was on the Board of Directors for Susanville-based Sierra Security Bank. He joined the Plumas Bank Board in 1988 when Sierra Security Bank merged with Plumas Bank. Fletcher lived most of his life in Susanville, California and recently moved to Chico, California. He owned and operated Fletcher Christmas Trees for over 50
RENO, Nevada, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, today announced record total assets and earnings at and for the year ended December 31, 2021. Total assets were $1.6 billion at December 31, 2021, an increase of $502 million from $1.1 billion at December 31, 2020. For the twelve months ended December 31, 2021, the Company reported net income of $21.0 million or $3.82 per share, an increase of $6.5 million from $14.5 million or $2.80 per share earned during 2020. Earnings per diluted share increased to $3.76 during the twelve months ended December 31, 2021, up $0.99 from $2.77 during 2020. Earnings during the fourth quarter of
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RENO, Nev., Aug. 29, 2025 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp (NASDAQ:PLBC), today announced the publication of its 2025 Corporate Citizenship Report. The report highlights how Plumas Bank's values-based philosophy fuels continued growth, strengthens competitiveness, and drives measurable returns for investors. "This report reflects the deliberate, steady approach that has guided Plumas Bank for more than four decades," said Andrew Ryback, Plumas Bank President and CEO. "Our strategy is built on disciplined governance and a clear focus on client success. Through deliberate, measured decisions and continued investment in our people, we are building
RENO, Nev., July 17, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.30 per share, payable August 15, 2025, to stockholders of record as of August 1, 2025. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 19 branch offices in Northeastern California and Northern Nevada, and loan production offices in Cal
RENO, Nev., July 16, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, today announced earnings during the second quarter of 2025 of $6.3 million or $1.07 per share, a decrease of $465 thousand from $6.8 million or $1.15 per share during the second quarter of 2024. Diluted earnings per share decreased to $1.05 per share during the three months ended June 30, 2025 down from $1.14 per share during the quarter ended June 30, 2024. Return on average assets was 1.56% during the current quarter, down from 1.67% during the second quarter of 2024. Return on average equity decreased to 13.4% for the three months ended June 30, 2025, down from 17.1% during th
RENO, Nev., April 17, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.30 per share, payable May 15, 2025, to stockholders of record as of May 1, 2025. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 15 branch offices in Northeastern California and Northern Nevada, and loan production offices in Califor
RENO, Nev., April 16, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced first quarter earnings of $7.2 million or $1.21 per share, up from $6.3 million or $1.06 per share during the first quarter of 2024. Diluted earnings per share was $1.20 during the three months ended March 31, 2025, up from $1.05 per share during the quarter ended March 31, 2024. Return on average assets was 1.79% during the current quarter, up from 1.55% during the first quarter of 2024. Return on average equity was 16.0% for the three months ended March 31, 2025, down from 16.4% during the first quarter of 2024. Net-interest income increased by $
RENO, Nev., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.30 per share, payable February 17, 2025, to stockholders of record as of February 3, 2025. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 15 branch offices in Northeastern California and Northern Nevada, and loan production offices in
RENO, Nev., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, today announced earnings during the fourth quarter of 2024 of $7.7 million or $1.31 per share, an increase of $228 thousand from $7.5 million or $1.28 per share during the fourth quarter of 2023. Diluted earnings per share increased to $1.29 per share during the three months ended December 31, 2024 up from $1.27 per share during the quarter ended December 31, 2023. An increase of $1.3 million in net interest income and a decline of $250 thousand in the provision for credit losses were offset by increases of $890 thousand in non-interest expense, $283 thousand in the provision for
RENO, Nev., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.27 per share, payable November 15, 2024, to stockholders of record as of November 1, 2024. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 15 branch offices in Northeastern California and Northern Nevada, and loan production offices in
RENO, Nev., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, today announced earnings during the third quarter of 2024 of $7.8 million or $1.33 per share, a decrease of $140 thousand from $8.0 million or $1.36 per share during the third quarter of 2023. Diluted earnings per share decreased to $1.31 per share during the three months ended September 30, 2024 down from $1.34 per share during the quarter ended September 30, 2023. An increase of $1.1 million in net interest income and a decline of $200,000 in the provision for credit losses were offset by increases of $1.4 million in non-interest expense and a decline of $76,000 in the non-int
RENO, Nev., July 18, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.27 per share, payable August 15, 2024, to stockholders of record as of August 1, 2024. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 15 branch offices in Northeastern California and Northern Nevada, and loan production offices in Cal