Detail akcie Plumas Bancorp online

Business Summary: Plumas Bancorp is a bank holding company, which operates through its subsidiary, Plumas Bank (the Bank). The Bank is a state-chartered bank, which primary service in the Northeastern portion of California, with Lake Tahoe to the south and the Oregon border to the north, and the Northwestern portion of Nevada. The Bank primarily is engaged in providing loans and investment securities. The Banks principal commercial lending services include term real estate, commercial and industrial term loans. The Bank provides government-guaranteed and agricultural loans, as well as credit lines. The Banks principal retail lending services include consumer, automobile and home equity loans. The Bank provides land development and construction loans on a limited basis. The Bank has over 157 branch offices and 19 automated teller machines. The Bank also operates a lending office in Auburn, California and commercial/agricultural lending offices located in Chico, California and Klamath Falls, Oregon.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Plumas Bancorp interest income increased 13% to $20M. Net interest income after loan loss provision increased 6% to $16.6M. Net income decreased 18% to $6.3M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities. Net income was offset by Gain/Loss on Derivatives - Hedging decrease from $1.7M (income) to $0K.