(PLBC) Plumas Bancorp - Ratings and Ratios

Plumas Bancorp (NASDAQ:PLBC) is a bank holding company for Plumas Bank, offering a range of banking products and services tailored to small and medium-sized businesses, as well as individuals in Northeastern California and Northwestern Nevada. The bank provides deposit services such as checking, money market checking, business sweep, public funds sweep, savings, time deposit, and retirement accounts. Its lending portfolio includes term real estate loans, commercial and industrial loans, government-guaranteed and agricultural loans, consumer loans, automobile loans, home equity loans, land development and construction loans, and Small Business Administration (SBA) loans. Additionally, the bank offers a variety of convenience services, including remote deposit, telephone and mobile banking, internet banking with bill-pay options, cashiers checks, bank-by-mail, ATM services, night depository, safe deposit boxes, direct deposit, and electronic funds transfers. Founded in 1980, Plumas Bancorp is headquartered in Reno, Nevada.

The company operates in a niche market, focusing on community banking and maintaining strong ties to local businesses and residents. Its geographic footprint spans rural and underserved areas, where it often holds a dominant market position. Plumas Banks customer-centric approach emphasizes personalized service, which has contributed to its stable deposit base and long-term customer relationships. The banks loan portfolio is diversified across industries, reducing exposure to sector-specific risks. Its emphasis on government-guaranteed loans and SBA loans provides a stable source of income with lower credit risk. Plumas Bancorps financial health is supported by a strong capital position and a focus on prudent risk management practices.