Plumas Bancorp Q1 net income climbs 36.1% to $9.8 million

Plumas Bancorp

Plumas Bancorp

PLBC

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  • Plumas Bancorp posted net income of $9.8 million, up from $7.2 million a year earlier, as net interest income climbed to $25.1 million from $18.5 million.
  • Net interest margin widened 8 basis points to 5.03%, while provision for credit losses swung to a $330,000 recovery from a $250,000 provision.
  • Non-interest expense rose to $15.3 million from $11.5 million, while non-interest income edged down to $3 million from $3.2 million.
  • Total assets were $2.2 billion at March 31, 2026, down $39 million from Dec. 31, 2025, while deposits fell $35 million to $1.77 billion.
  • Nonperforming assets slipped to $14.4 million from $15.3 million at year-end 2025, lowering the nonperforming assets-to-total assets ratio to 0.65% from 0.68%.


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