The combination of strong earnings beat, margin expansion, and a new buyback program suggests continued momentum. Traders should monitor loan growth sustainability and credit quality trends, as nonperforming loans increased to $14.2M.
Price Chart
Executive Summary
Plumas Bancorp reported record first-quarter 2026 earnings of $9.8 million ($1.40 per share), a 36% year-over-year increase, driven by loan growth and net interest margin expansion from the Cornerstone acquisition. The stock repurchase program and leadership additions signal confidence in future performance.
Key Financial Metrics
Key Facts
- Record Q1 2026 EPS of $1.40, up 15.7% YoY (beat consensus by 9.4%)
- Net interest margin expanded 8 bps to 5.03% on strong loan growth
- Board authorized $25 million stock repurchase program
- Acquisition of Cornerstone Community Bancorp fully integrated, driving balance sheet growth
Financial Impact
Net income increased 36% YoY to $9.76 million; net interest income up $6.6 million
Risk Factors
- Nonperforming loans increased to $14.2 million (0.94% of total loans)
- $726 thousand loss from two fraudulent wire transfers
- Dependence on acquisition integration for future growth
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-012305 |
| Document: plbc20260413_8k.htm | 0001437749-26-012305 |
| Document: 0001437749-26-012305-index-headers.html | 0001437749-26-012305 |
| Document: 0001437749-26-012305-index.html | 0001437749-26-012305 |
| Document: 0001437749-26-012305.txt | 0001437749-26-012305 |
| 8-K Data (Synthetic) | 0001437749-26-012305 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $63.49 $63.20 | ▼ −0.46% | ▲ +0.07% | $63.56 (+0.11%) |
Oct 22, 2026 4d ago | Press Release | $63.49 $63.20 | ▼ −0.46% | ▲ +0.07% | $63.56 (+0.11%) |
Oct 22, 2026 4d ago | 8-K | $63.49 $63.20 | ▼ −0.46% | ▲ +0.07% | $63.56 (+0.11%) |
Oct 21, 2026 5d ago | 8-K | $63.05 $63.49 | ▲ +0.70% | ▲ +1.88% | $63.56 (+0.81%) |
Oct 21, 2026 5d ago | 8-K | $63.05 $63.49 | ▲ +0.70% | ▲ +1.88% | $63.56 (+0.81%) |
Oct 21, 2026 5d ago | Press Release | $63.05 $63.49 | ▲ +0.70% | ▲ +1.88% | $63.56 (+0.81%) |
Jul 16, 2026 14w ago | 8-K | $61.96 $61.35 | ▼ −0.98% | ▲ +0.01% | $63.56 (+2.58%) |
Jul 15, 2026 14w ago | 8-K | $60.24 $61.96 | ▲ +2.86% | ▲ +3.40% | $63.56 (+5.51%) |
Jul 15, 2026 14w ago | 8-K | $60.24 $61.96 | ▲ +2.86% | ▲ +3.40% | $63.56 (+5.51%) |
Jul 15, 2026 14w ago | Press Release | $60.24 $61.96 | ▲ +2.86% | ▲ +3.40% | $63.56 (+5.51%) |
US Market Status
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