Stock Data
$0.61 (0.98%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Plumas Bancorp serves as a cornerstone in the banking industry for small to mid-sized businesses and individuals in Northeastern California and Northwestern Nevada. With a foundation laid in 1980 and headquartered in Reno, Nevada, it offers a comprehensive range of banking solutions. These include checking and savings accounts, various loan options like commercial, real estate, and agricultural, as well as modern banking conveniences such as online banking, mobile banking, and electronic funds transfer. Plumas Bank, its primary subsidiary, is dedicated to supporting the financial needs of its community with a wide array of products and services.
Net interest income surged 43% after the Cornerstone Community Bank integration, with margins widening 30 basis points to 5.13% as the bank tightened its efficiency ratio to 50.4% and beat earnings by 4.4%.
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