Plumas Bancorp filed a Form 10-Q with the SEC on November 4, 2026, covering the quarterly and nine-month periods ended September 30, 2026, reporting net income of $31,108 thousand for the nine months ended September 30, 2026.

Key Highlights

  • Nine-month net income: Plumas Bancorp reported net income of $31,108 thousand for the nine months ended September 30, 2026, compared with $18,646 thousand for the same period in 2025.
  • Third-quarter net income: Net income for the three months ended September 30, 2026 was $11,386 thousand, up from $5,146 thousand in the third quarter of 2025.
  • Total assets: Total assets stood at $2,266,296 thousand as of September 30, 2026, compared with $2,238,523 thousand at December 31, 2025.
  • Total deposits: Total deposits reached $1,866,643 thousand at September 30, 2026, rising from $1,809,604 thousand at December 31, 2025.
  • Share repurchases: The company repurchased 79,589 shares of common stock for $4,211 thousand during the nine months ended September 30, 2026.
  • Cash dividends: Cash dividends of $0.99 per share were declared on common stock for the nine months ended September 30, 2026.
  • Shares outstanding: 6,943,507 shares were issued and outstanding as of September 30, 2026, according to the balance sheet.

Plumas Bancorp Financial Results for the Period Ended September 30, 2026

According to the filing, Plumas Bancorp, a California-incorporated bank holding company headquartered in Reno, Nevada and listed on NASDAQ:PLBC, reported total interest income of $90,777 thousand for the nine months ended September 30, 2026, compared with $71,020 thousand for the same period in 2025. Total interest expense for the nine-month period was $13,091 thousand, resulting in net interest income before provision for credit losses of $77,686 thousand, up from $61,896 thousand a year earlier.

The company disclosed a provision for credit losses of $420 thousand for the nine months ended September 30, 2026, a significant decrease from $6,483 thousand in the comparable prior-year period. Non-interest income totaled $8,535 thousand for the nine-month period, with interchange revenue contributing $2,639 thousand and service charges contributing $2,400 thousand. Total non-interest expenses were $44,936 thousand, driven primarily by salaries and employee benefits of $22,890 thousand and occupancy and equipment costs of $8,065 thousand.

On the balance sheet, the filing reported loans net of allowance for credit losses of $1,479,755 thousand at September 30, 2026, compared with $1,495,834 thousand at December 31, 2025. The allowance for credit losses on loans stood at $19,742 thousand at September 30, 2026. Total shareholders' equity was $262,451 thousand at September 30, 2026, reflecting retained earnings of $220,103 thousand offset in part by accumulated other comprehensive loss, net of taxes, of $(31,256) thousand. The filing noted a change in net unrealized loss on securities of $(29,478) thousand for the nine-month period, contributing to the other comprehensive loss position.

What Was Disclosed

Plumas Bancorp's Form 10-Q for the quarter ended September 30, 2026 disclosed condensed consolidated financial statements showing increased net income, higher total deposits, reduced provision for credit losses, and share repurchase activity compared with prior periods, along with a significant increase in accumulated other comprehensive loss.