Plumas Bancorp Q2 2025 Earnings Drop: Net Income Falls to $6.3M, EPS Down to $1.07
Plumas Bancorp, the parent company of Plumas Bank, announced its second quarter 2025 earnings with a net income of $6.3 million or $1.07 per share. This represents a decrease of $465,000 from the $6.8 million or $1.15 per share reported during the same period in 2024. Diluted earnings per share also decreased to $1.05 from $1.14. The return on average assets was 1.56%, down from 1.67% in the second quarter of 2024, while the return on average equity decreased to 13.4% from 17.1%. Net interest income saw a decrease of $222,000 from $18.4 million. In terms of balance sheet highlights, gross loans increased by $21 million or 2%, totaling $1.0 billion, and total deposits rose by $62 million or 5%, reaching $1.4 billion. Borrowings decreased significantly by $105 million or 88%, to $15 million, and total equity increased by $28 million or 17%, to $193 million. The book value per share improved by $4.53 or 16%, reaching $32.54. A significant development for Plumas Bancorp was the successful acquisition of Cornerstone Community Bank and Bancorp, expanding their presence in California.
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