Plumas Bancorp Reports an 84% Increase in Third Quarter Net Income

Plumas Bancorp Reports an 84% Increase in Third Quarter Net Income 
QUINCY, CA -- (Marketwired) -- 10/24/13 --  Plumas Bancorp (NASDAQ:
PLBC), a bank holding company and the parent company of Plumas Bank,
today announced third quarter 2013 earnings of $1.0 million, an
increase of $461 thousand or 84%, as compared to $546 thousand during
the third quarter of 2012. For the nine months ended September 30,
2013, Plumas Bancorp reported an increase in net income of $1.1
million or 79%, from $1.4 million during the first nine months of
2012 to $2.5 million during the nine months ended September 30, 2013. 
Net income allocable to common shareholders increased by $587
thousand or 157% from $375 thousand during the quarter ended
September 30, 2012 to $962 thousand during the three months ended
September 30, 2013. Earnings per diluted share increased by 150% from
$0.08 per diluted share during the three months ended September 30,
2012 to $0.20 per diluted share during the current three month
period. For the nine months ended September 30, 2013, net income
allocable to common shareholders totaled $2.7 million or $0.56 per
diluted share compared to $890 thousand or $0.19 per diluted share
during the nine months ended September 30, 2012. Net income allocable
to common shareholders is calculated by subtracting dividends accrued
and discount amortized on preferred stock from net income. In
addition, during the third quarter of 2013 Plumas Bancorp (the
"Company") recognized a $4 thousand discount on redemption of
preferred stock and for the nine month period the Company recognized
a $534 thousand discount on redemption of preferred stock which were
included as an addition to net income allocable to common
shareholders during the three and nine months ended September 30,
2013, respectively.  
"The Board of Directors, executive team and I are very pleased with
the results for the Company's third quarter, which marked our
fifteenth consecutive quarter of profitable operations," remarked
President and Chief Executive Officer, Andrew J. Ryback. He stated,
"We continue to attract new clients while at the same time retain our
existing relationships. Because of that, deposits have been quite
strong, and, even though we are in a highly competitive lending
environment, we are experiencing steady loan growth without
compromising asset quality. In fact, we are very pleased to report
that we have increased our quarterly net income by 84% compared to
one year ago." 
Ryback concluded, "We continue to be encouraged by positive trends in
new business development and remain confident that our year-to-date
performance from core operations is indicative of the opportunities
available to us over the remainder of 2013 and into 2014. As always,
we appreciate our shareholders for their continued support and
confidence in our Company." 
Financial Highlights
 September 30, 2013 compared to September 30,
2012 


 
--  Repurchased 8,816 shares of preferred stock formerly held by the U.S.
    Treasury.
--  Issued $7.5 million in subordinated debt.
--  Net charge-offs decreased by $1.7 million, or 52% from $3.3 million to
    $1.6 million.
--  Nonperforming loans decreased by $9.0 million or 60%.
--  Nonperforming assets decreased by $7.4 million or 37%.
--  The ratio of nonperforming loans to total loans decreased from 5.02%
    to 1.84%.
--  The ratio of nonperforming assets to total assets decreased from 4.28%
    to 2.41%.
--  Net loans increased by $26.6 million or 9%.
--  Total deposits increased by $55.1 million or 14%.
--  Total assets increased to over $525 million.

  
Nine months ended September 30, 2013 compared to September 30, 2012 


 
--  Net income increased by $1.1 million or 79% to $2.5 million and
    diluted EPS increased by $0.37 or 195% from $0.19 to $0.56.
--  Net interest income increased by $646 thousand to $13.4 million.
--  Provision for loan losses decreased by $700 thousand to $1.2 million.
--  Non-interest expense decreased by $724 thousand.
--  Return on average common equity increased from 4.1% to 12.1%.

  
Three months ended September 30, 2013 compared to September 30, 2012 


 
--  Net income increased by $461 thousand or 84% to $1.0 million and
    diluted EPS increased by $0.12 or 150% from $0.08 to $0.20.
--  Net interest income increased by $247 thousand to $4.6 million.
--  Provision for loan losses decreased by $900 thousand to $100 thousand.
--  Non-interest expense decreased by $269 thousand.
--  Return on average common equity increased from 5.0% to 12.9%.

  
Asset Quality 
Nonperforming loans at September 30, 2013 were $6.0 million, a
decrease of $9.0 million, or 60% from the $15.0 million balance at
September 30, 2012. Nonperforming loans as a percentage of total
loans decreased to 1.84% at September 30, 2013, down from 5.02% at
September 30, 2012. Nonperforming assets (which are comprised of
nonperforming loans, other real estate owned ("OREO") and repossessed
vehicle holdings) at September 30, 2013 were $12.7 million, down from
$20.1 million at September 30, 2012. Nonperforming assets as a
percentage of total assets decreased to 2.41% at September 30, 2013
down from 4.28% at September 30, 2012.  
During the nine months ended September 30, 2013 we recorded a
provision for loan losses of $1.2 million down $0.7 million from the
$1.9 million provision recorded during the same period in 2012.
Approximately $0.7 million of the $1.2 million provision was related
to a specific reserve required on a significant land development
loan. During June, 2013 this loan, which had a book balance of $2.3
million, was transferred to OREO. 
Net charge-offs totaled $1.6 million during the nine months ended
September 30, 2013 and $3.3 million during the same period in 2012.
Net charge-offs as a percentage of average loans decreased from 1.46%
during the nine months ended September 30, 2012 to 0.66% during the
current period. The allowance for loan losses totaled $5.3 million at
September 30, 2013 and $5.5 million at September 30, 2012. The
allowance for loan losses at September 30, 2013 consisted of $0.8
million in specific reserves and $4.5 million in general reserves.
This compares to $1.1 million in specific reserves related to
impaired loans and $4.4 million in general reserves at September 30,
2012. Related to an improvement in overall credit quality as
evidenced by the decline in nonperforming loan balances and net
charge-offs, the percentage of general reserves to unimpaired loans
decreased from 1.58% at September 30, 2012 to 1.43% at September 30,
2013. Overall, the allowance for loan losses as a percentage of total
loans decreased from 1.85% at September 30, 2012 to 1.63% at
September 30, 2013. 
Shareholders' Equity  
Shareholders' equity decreased by $8.2 million from $41.4 million at
September 30, 2012 to $33.2 million at September 30, 2013 mostly
related to the repurchase of 8,816 shares of preferred stock and to a
lesser extent a $1.2 million, net of tax, decrease in the value of
available-for-sale securities during the period.  
There were 3,133 shares of preferred stock outstanding as of
September 30, 2013 with an aggregate liquidation value of $3.2
million. This compares to 11,949 shares outstanding at September 30,
2012 with an aggregate liquidation value of $13.6 million. 
On January 30, 2009 the Bancorp entered into a Letter Agreement (the
"Purchase Agreement") with the United States Department of the
Treasury ("Treasury"), pursuant to which the Bancorp issued and sold
(i) 11,949 shares of the Bancorp's Fixed Rate Cumulative Perpetual
Preferred Stock, Series A (the "Series A Preferred Stock") and (ii) a
warrant (the "Warrant") to purchase 237,712 shares of the Bancorp's
common stock, no par value (the "Common Stock"), for an aggregate
purchase price of $11,949,000 in cash. 
On April 11, 2013, the Treasury announced its intent to sell its
investment in the Bancorp's Series A Preferred Stock along with
similar investments the Treasury had made in seven other financial
institutions, principally to qualified institutional buyers. Using a
modified Dutch auction methodology that establishes a market price by
allowing investors to submit bids at specified increments during the
period of April 15, 2013 through April 18, 2013, the U.S. Treasury
auctioned all of the Bancorp's 11,949 Series A Preferred Stock. The
Bancorp sought and obtained regulatory permission to participate in
the auction. The Bancorp successfully bid to repurchase 7,000 shares
of the 11,949 outstanding shares. This repurchase resulted in a
discount of $530 thousand or approximately 7% on the face value of
the Series A Preferred Stock, plus related outstanding dividends. The
remaining 4,949 shares were purchased at auction by third party
private investors. On June 27, 2013 the Bancorp repurchased 1,566
shares of the Series A Preferred Stock at $1,000 per share from
certain of those third party private investors and on September 16,
2013 the Bancorp repurchased 250 shares at $985 per share from
another one of the third party investors leaving 3,133 shares
outstanding as of September 30, 2013. On May 22, 2013 the Bancorp
repurchased the Warrant from the Treasury at a cost of $234,500. 
Funds for the repurchase of the Series A Preferred Stock and the
Warrant were provided through a combination of a $4.5 million
dividend from the Bancorp's subsidiary, Plumas Bank, and the issuance
of a $7.5 million Subordinated Debenture. The subordinated debt was
issued on April 15, 2013. It bears an interest rate of 7.5% per
annum, has a term of eight years, with no prepayment allowed during
the first two years, and was made in conjunction with an eight-year
warrant to purchase up to 300,000 shares of the Company's no par
common stock, at an exercise price, subject to anti-dilution
adjustments, of $5.25 per share.  
Loans, Deposits and Investments  
Net loans increased by $26.6 million, or 9%, from $294.5 million at
September 30, 2012 to $321.1 million at September 30, 2013. The
Company is focused on growing loan balances through a balanced and
diversified approach. The increase in loan balances during the twelve
month period ended September 30, 2013 mostly relates to growth in the
Company's automobile and commercial real estate loan portfolios.
Construction and land development loans declined during this same
period by $1.8 million from $16.5 million at September 30, 2012 to
$14.7 million at September 30, 2013. 
During 2013 we have experienced strong core deposit growth and have
benefited from the closing of two branches of a large national bank
in our service area. Total deposits were $461.4 million as of
September 30, 2013, up $55.1 million from the September 30, 2012
balance of $406.3 million. Non-interest bearing demand deposits
increased by $30.4 million, interest bearing transaction, or NOW,
accounts increased by $5.8 million, savings and money market accounts
increased by $28.2 million. Time deposits declined by $9.3 million.
We attribute much of the reduction in time to the unusually low
interest rate environment as we have seen a movement out of time into
more liquid deposit types.  
Total investment securities increased by $9.1 million from $78.1
million at September 30, 2012 to $87.2 million as of September 30,
2013. Included in the $87.2 million at September 30, 2013 were $86.8
million in securities of U.S. Government-sponsored agencies and two
municipal securities totaling $0.4 million. In relation to the strong
deposit growth cited above, cash and due from banks increased by
$20.2 million from $55.0 million at September 30, 2012 to $75.2
million at September 30, 2013. Included in cash and due from banks at
September 30, 2013 and September 30, 2012 was interest earning
balances held at the Federal Reserve Bank of San Francisco totaling
$59.1 million and $39.5 million, respectively.  
Net Interest Income and Net Interest Margin 
Net interest income, on a nontax-equivalent basis, for the nine
months ended September 30, 2013 was $13.4 million, an increase of
$646 thousand from the $12.8 million earned during the same period in
2012. The largest components of the increase in net interest income
were an increase in average balance of loans and investment
securities and a decline in the average balance and rate paid on time
deposits. These items were partially offset by a decline in yield on
loans and the issuance, on April 15, 2013, of the previously
mentioned $7.5 million subordinated debenture. Net interest margin
for the nine months ended September 30, 2013 decreased 11 basis
points, or 3%, to 4.09%, down from 4.20% for the same period in 2012. 
Net interest income, on a nontax-equivalent basis, for the three
months ended September 30, 2013 was $4.6 million, an increase of $247
thousand from the $4.4 million earned during the same period in 2012.
The largest components of the increase in net interest income were an
increase in average balance of loans and a decline in the average
balance and rate paid on time deposits. These items were partially
offset by the issuance, in the second quarter, of a $7.5 million
subordinated debenture. Net interest margin for the three months
ended September 30, 2013 decreased 20 basis points, or 5%, to 4.00%,
down from 4.20% during the third quarter of 2012. 
Non-Interest Income/Expense 
During the nine months ended September 30, 2013 non-interest income
decreased by $168 thousand to $4.9 million from $5.1 million during
the same period in 2012. The decline in non-interest income was
related to $403 thousand in gains on sale of securities recorded
during the 2012 period. During the first nine months of 2012 we sold
twenty-five available-for- sale securities totaling $20.8 million
recognizing a gain on sale of $403 thousand. No security sales were
made during the current nine month period. Increases in non-interest
income include $135 thousand in service charge income mostly related
to an increase in debit card interchange income, an increase in gains
on sale of SBA loans of $73 thousand, an increase in loan service fee
income of $35 thousand and an increase of $28 thousand in customer
service fees. Proceeds from loan sales increased from $16.1 million
during the nine months ended September 30, 2012 to $17.0 million
during the current nine month period. 
We continue to achieve savings in many categories of non-interest
expense resulting in a reduction in non-interest expense of $724
thousand from $13.8 million during the nine months ended September
30, 2012 to $13.0 million during the current nine month period.
During June of 2012 we outsourced the processing of our account
statements and notices and during June of 2013 we outsourced our item
processing department resulting in savings in salary expense,
occupancy and equipment costs, postage and stationary costs. Other
significant savings include a $293 thousand increase in the deferral
of loan origination costs reflecting an increase in loan production,
a $129 thousand reduction in FDIC insurance expense related to a
decline in the rate charged to Plumas Bank by the FDIC, a $432
thousand reduction in the provision for changes in valuation of OREO
and a $165 thousand increase in gain on sale of OREO. 
During the three months ended September 30, 2013 non-interest income
decreased by $552 thousand to $1.5 million down from $2.1 million
during the three months ended September 30, 2012. The largest
components of this decrease were a decline of $410 thousand in gains
on the sale of government guaranteed loans from $580 thousand during
the three months ended September 30, 2012 to $170 thousand during the
current three month period and a decline in gain on sale of
securities of $191 thousand as no securities were sold during the
2013 quarter.  
Proceeds from the sale of government guaranteed loans during the 2012
quarter totaled $7.7 million and we realized a net gain on sale of
$580 thousand. This compares to proceeds of $3.2 million and a $170
thousand net gain on sale of loans during the current quarter. While
gains on sales were down during the current quarter, for the nine
months loan sales and gains on sale have exceeded 2012 levels.  
Non-interest expense totaled $4.4 million during the three months
ended September 30, 2013, a decline of $269 thousand from $4.6
million during the same period in 2012. Significant reductions in
expense included $59 thousand in occupancy and equipment expense, $56
thousand in professional fees, $40 thousand in FDIC insurance, $353
thousand in provision from changes in valuation of OREO and $77
thousand in gains on sale of OREO. These expense reductions were
partially offset by increases in other items of expense the largest
of which were $65 thousand in salary and benefit expense and $167
thousand in outside service fees.  
Founded in 1980, Plumas Bank is a locally owned and managed
full-service community bank based in Northeastern California. The
Bank operates eleven branches located in the counties of Plumas,
Lassen, Placer, Nevada, Modoc and Shasta. Plumas Bank offers a wide
range of financial and investment services to consumers and
businesses and has received nationwide Preferred Lender status with
the United States Small Business Administration. For more information
on Plumas Bancorp and Plumas Bank, please visit our website at
www.plumasbank.com. 
This news release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Exchange Act of 1934, as amended and Plumas
Bancorp intends for such forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements contained
in the Private Securities Litigation Reform Act of 1995. Future
events are difficult to predict, and the expectations described above
are necessarily subject to risk and uncertainty that may cause actual
results to differ materially and adversely. 
Forward-looking statements can be identified by the fact that they do
not relate strictly to historical or current facts. They often
include the words "believe," "expect," "anticipate," "intend,"
"plan," "estimate," or words of similar meaning, or future or
conditional verbs such as "will," "would," "should," "could," or
"may." These forward-looking statements are not guarantees of future
performance, nor should they be relied upon as representing
management's views as of any subsequent date. Forward-looking
statements involve significant risks and uncertainties and actual
results may differ materially from those presented, either expressed
or implied, in this news release. Factors that might cause such
differences include, but are not limited to: the Company's ability to
successfully execute its business plans and achieve its objectives;
changes in general economic and financial market conditions, either
nationally or locally in areas in which the Company conducts its
operations; changes in interest rates; continuing consolidation in
the financial services industry; new litigation or changes in
existing litigation; increased competitive challenges and expanding
product and pricing pressures among financial institutions;
legislation or regulatory changes which adversely affect the
Company's operations or business; loss of key personnel; and changes
in accounting policies or procedures as may be required by the
Financial Accounting Standards Board or other regulatory agencies. 
In addition, discussions about risks and uncertainties are set forth
from time to time in the Company's publicly available Securities and
Exchange Commission filings. The Company undertakes no obligation to
publicly revise these forward-looking statements to reflect
subsequent events or circumstances. 


 
                                                                            
                               PLUMAS BANCORP                               
                    CONDENSED CONSOLIDATED BALANCE SHEET                    
                               (In thousands)                               
                                (Unaudited)                                 
                                                                            
                                   As of September 30,                      
                                  --------------------                      
                                                         Dollar  Percentage 
                                     2013       2012     Change    Change   
                                  ---------  ---------  -------  ---------- 
  ASSETS                                                                    
Cash and due from banks           $  75,180  $  54,948  $20,232        36.8%
Investment securities                87,228     78,051    9,177        11.8%
Loans, net of allowance for loan                                            
 losses                             321,145    294,486   26,659         9.1%
Premises and equipment, net          12,625     13,528     (903)       -6.7%
Bank owned life insurance            11,418     11,073      345         3.1%
Real estate and vehicles acquired                                           
 through foreclosure                  6,670      5,074    1,596        31.5%
Accrued interest receivable and                                             
 other assets                        11,149     12,913   (1,764)      -13.7%
                                  ---------  ---------  -------             
  Total assets                    $ 525,415  $ 470,073  $55,342        11.8%
                                  =========  =========  =======             
                                                                            
  LIABILITIES AND SHAREHOLDERS'                                             
   EQUITY                                                                   
Deposits                          $ 461,354  $ 406,267  $55,087        13.6%
Repurchase agreements                 6,710      5,463    1,247        22.8%
Subordinated debentures              17,565     10,310    7,255        70.4%
Accrued interest payable and                                                
 other liabilities                    6,631      6,634       (3)        0.0%
                                  ---------  ---------  -------             
  Total liabilities                 492,260    428,674   63,586        14.8%
Shareholders' equity                 33,155     41,399   (8,244)      -19.9%
                                  ---------  ---------  -------             
  Total liabilities and                                                     
   shareholders' equity           $ 525,415  $ 470,073  $55,342        11.8%
                                  =========  =========  =======             
                                                                            
                                                                            
                                                                            
                               PLUMAS BANCORP                               
                CONDENSED CONSOLIDATED STATEMENTS OF INCOME                 
                   (In thousands, except per share data)                    
                                (Unaudited)                                 
                                                                            
   FOR THE THREE MONTHS ENDED                           Dollar   Percentage 
          SEPTEMBER 30,             2013       2012     Change     Change   
                                 ---------  ---------  --------  ---------- 
                                                                            
Interest income                  $   5,026  $   4,675  $    351         7.5%
Interest expense                       421        317       104        32.8%
                                 ---------  ---------  --------             
  Net interest income before                                                
   provision for loan losses         4,605      4,358       247         5.7%
Provision for loan losses              100      1,000      (900)      -90.0%
                                 ---------  ---------  --------             
  Net interest income after                                                 
   provision for loan losses         4,505      3,358     1,147        34.2%
Non-interest income                  1,531      2,083      (552)      -26.5%
Non-interest expenses                4,353      4,622      (269)       -5.8%
                                 ---------  ---------  --------             
  Income before income taxes         1,683        819       864       105.5%
Provision for income taxes             676        273       403       147.6%
                                 ---------  ---------  --------             
  Net income                     $   1,007  $     546  $    461        84.4%
Discount on Redemption of                                                   
 Preferred Stock                         4          -         4       100.0%
Preferred Stock Dividends and                                               
 Discount Accretion                    (49)      (171)      122       -71.3%
                                 ---------  ---------  --------             
  Net income available to common                                            
   shareholders                  $     962  $     375  $    587       156.5%
                                 =========  =========  ========             
                                                                            
Basic earnings per share         $    0.20  $    0.08  $   0.12       150.0%
                                 =========  =========  ========             
Diluted earnings per share       $    0.20  $    0.08  $   0.12       150.0%
                                 =========  =========  ========             
                                                                            
                                                                            
    FOR THE NINE MONTHS ENDED                           Dollar   Percentage 
          SEPTEMBER 30,             2013       2012     Change     Change   
                                 ---------  ---------  --------  ---------- 
                                                                            
Interest income                  $  14,495  $  13,741  $    754         5.5%
Interest expense                     1,099        991       108        10.9%
                                 ---------  ---------  --------             
  Net interest income before                                                
   provision for loan losses        13,396     12,750       646         5.1%
Provision for loan losses            1,200      1,900      (700)      -36.8%
                                 ---------  ---------  --------             
  Net interest income after                                                 
   provision for loan losses        12,196     10,850     1,346        12.4%
Non-interest income                  4,929      5,097      (168)       -3.3%
Non-interest expenses               13,029     13,753      (724)       -5.3%
                                 ---------  ---------  --------             
  Income before income taxes         4,096      2,194     1,902        86.7%
Provision for income taxes           1,581        791       790        99.9%
                                 ---------  ---------  --------             
  Net income                     $   2,515  $   1,403  $  1,112        79.3%
Discount on Redemption of                                                   
 Preferred Stock                       534          -       534       100.0%
Preferred Stock Dividends and                                               
 Discount Accretion                   (330)      (513)      183       -35.7%
                                 ---------  ---------  --------             
  Net income available to common                                            
   shareholders                  $   2,719  $     890  $  1,829       205.5%
                                 =========  =========  ========             
                                                                            
Basic earnings per share         $    0.57  $    0.19  $   0.38       200.0%
                                 =========  =========  ========             
Diluted earnings per share       $    0.56  $    0.19  $   0.37       194.7%
                                 =========  =========  ========             
                                                                            
                                                                            
                                                                            
                               PLUMAS BANCORP                               
                       SELECTED FINANCIAL INFORMATION                       
              (In thousands, except share and per share data)               
                                (Unaudited)                                 
                                                                            
                                                        September 30,       
                                                  ------------------------- 
                                                      2013          2012    
                                                  -----------   ----------- 
QUARTERLY AVERAGE BALANCES                                                  
Assets                                            $   511,828   $   466,349 
Earning assets                                    $   457,821   $   412,535 
Loans                                             $   323,968   $   306,083 
Deposits                                          $   448,956   $   403,127 
Common equity                                     $    29,542   $    29,584 
Total equity                                      $    32,873   $    41,405 
                                                                            
CREDIT QUALITY DATA                                                         
Allowance for loan losses                         $     5,305   $     5,527 
Allowance for loan losses as a percentage of                                
 total loans                                             1.63%         1.85%
Nonperforming loans                               $     5,998   $    15,028 
Nonperforming assets                              $    12,668   $    20,102 
Nonperforming loans as a percentage of total                                
 loans                                                   1.84%         5.02%
Nonperforming assets as a percentage of total                               
 assets                                                  2.41%         4.28%
Year-to-date net charge-offs                      $     1,581   $     3,281 
Year-to-date net charge-offs as a percentage of                             
 average loans, annualized                               0.66%         1.46%
                                                                            
SHARE AND PER SHARE DATA                                                    
Basic earnings per share for the quarter          $      0.20   $      0.08 
Diluted earnings per share for the quarter        $      0.20   $      0.08 
Quarterly weighted average shares outstanding           4,782         4,776 
Quarterly weighted average diluted shares                                   
 outstanding                                            4,922         4,783 
Basic earnings per share, year-to-date            $      0.57   $      0.19 
Diluted earnings per share, year-to-date          $      0.56   $      0.19 
Year-to-date weighted average shares outstanding        4,779         4,776 
Year-to-date weighted average diluted shares                                
 outstanding                                            4,868         4,779 
Book value per common share                       $      6.28   $      6.19 
Total shares outstanding                                4,783         4,776 
                                                                            
QUARTERLY KEY FINANCIAL RATIOS                                              
Annualized return on average common equity               12.9%          5.0%
Annualized return on average assets                      0.78%         0.47%
Net interest margin                                      4.00%         4.20%
Efficiency ratio                                         70.9%         71.8%
                                                                            
YEAR-TO-DATE KEY FINANCIAL RATIOS                                           
Annualized return on average common equity               12.1%          4.1%
Annualized return on average assets                      0.69%         0.41%
Net interest margin                                      4.09%         4.20%
Efficiency ratio                                         71.1%         77.1%
Loan to Deposit Ratio                                    70.5%         73.6%
Total Risk-Based Capital Ratio                           14.7%         15.5%

  
Contact: 
Elizabeth Kuipers
Vice President, Marketing Manager & Investor Relations Officer
Plumas Bank
35 S. Lindan Ave.
Quincy, CA 95971
530.283.7305 ext.8912
investorrelations@plumasbank.com 
 
 
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