# Plumas Bancorp > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/fi/companies/Plumas Bancorp). ## Overview Plumas Bancorp is a U.S. bank holding company whose principal subsidiary, Plumas Bank, gathers deposits and makes loans in northeastern California and northwestern Nevada. Its business centers on community banking services, including commercial real estate lending, business lending, consumer banking, and deposit products for local businesses and individuals. ## Products & services • Demand, savings, and time deposits • Commercial real estate loans • Business and commercial lending • Consumer loans and home equity lines • Treasury, interchange, and deposit service fees • Loan servicing and other banking services - **Deposit products** (20%) — Core deposit accounts used to fund the bank, including demand, savings, and time deposits. - **Commercial real estate lending** (45%) — Loans secured by income-producing and owner-occupied real estate, including construction and land development. - **Commercial and business lending** (20%) — Credit facilities for local businesses, operating companies, and small commercial borrowers. - **Consumer and home equity lending** (10%) — Consumer loans and home equity lines of credit to households in the bank's markets. - **Fee-based banking services** (5%) — Noninterest income from interchange, deposit service charges, loan servicing, and related fees. - Demand, savings, and time deposits - Commercial real estate loans - Business and commercial lending - Consumer loans and home equity lines - Treasury, interchange, and deposit service fees - Loan servicing and other banking services ## Customers Plumas Bancorp serves local businesses, commercial property owners, municipalities, tribal accounts, and individual households in its branch markets. Deposits are primarily sourced from community customers, while lending is concentrated in borrowers that operate or own property in the bank's regional footprint. The bank's customer base is tied closely to local economic activity, especially real estate and small-business conditions. - **Local businesses** (primary) — Businesses in the bank's footprint that place operating deposits and borrow for working capital or expansion. - **Commercial real estate owners** (primary) — Owners and developers of retail, office, industrial, hospitality, and mixed-use properties that borrow against real estate collateral. - **Households and consumers** (secondary) — Individuals who use deposit accounts, consumer loans, and home equity lines for everyday banking and borrowing. - **Public-sector and tribal depositors** (secondary) — States, municipalities, and tribal accounts that hold deposits, often with collateralization requirements. - Local businesses that use deposits and working-capital credit - Commercial real estate owners seeking acquisition or construction loans - Individuals and households using deposit and consumer banking products - Municipal and tribal depositors that often provide collateralized balances - Borrowers in rural and small-market economies needing relationship banking ## Geography The bank operates through branches, lending offices, and administrative offices in northeastern California and northwestern Nevada. Its lending and deposit base is concentrated in Butte, Lassen, Modoc, Nevada, Placer, Plumas, Shasta, and Sutter counties in California, plus Washoe and Carson City counties in Nevada. This narrow footprint makes performance highly dependent on local real estate markets and regional economic conditions. - **Northeastern California** (48%) — Primary operating and lending footprint in California counties - **Northern Nevada** (28%) — Includes Washoe County and Carson City - **Other markets** (24%) — Remaining portfolio and customer base outside the core disclosed concentrations - Branches and offices are concentrated in northeastern California and northwestern Nevada - Core markets include Butte, Lassen, Modoc, Nevada, Placer, Plumas, Shasta, and Sutter counties - Northern Nevada exposure includes Washoe County and Carson City - Loan performance is tied to local commercial real estate and small-business activity - Regional concentration increases exposure to fires, floods, and earthquakes ## Strategy Plumas Bancorp's strategy is centered on relationship banking, local deposit gathering, and secured lending within a defined regional footprint. It manages liquidity through core deposits, borrowing lines, and an investment portfolio, while maintaining capital above regulatory well-capitalized thresholds. Credit discipline and active review of criticized and nonaccrual assets are central to preserving the bank's lending capacity in a concentrated market. - **Expand core deposit funding** (short-term) — Deposits are the primary funding source and support loan growth and liquidity. - **Maintain disciplined real estate lending** (medium-term) — The loan book is concentrated in commercial real estate and related collateralized lending. - **Preserve capital and liquidity strength** (medium-term) — A strong balance sheet supports customer confidence and regulatory flexibility. - Grow core deposits from local businesses and individuals - Use relationship-based lending to deepen customer ties - Maintain strong liquidity through deposits, securities, and credit lines - Keep capital above well-capitalized regulatory thresholds - Monitor criticized and nonaccrual loans through formal credit review ## Risks The main risks come from geographic concentration, commercial real estate exposure, and dependence on local deposit funding. Because the bank operates in a narrow regional footprint, weather events, economic downturns, or stress in local property markets can affect both credit quality and deposit behavior. Like other community banks, it also faces interest-rate, liquidity, and regulatory capital risks that can influence earnings and balance-sheet flexibility. - **Geographic concentration** [high] — Operations and lending are focused in a limited set of counties, reducing diversification. - **Commercial real estate credit risk** [high] — A large share of loans is secured by CRE, which is sensitive to vacancy, valuation, and refinancing conditions. - **Uninsured deposit funding risk** [medium] — A meaningful portion of deposits is uninsured, which can increase runoff risk in a confidence shock. - **Natural catastrophe exposure** [medium] — The operating region is exposed to earthquakes, fires, and floods that can impair borrowers and collateral. - High concentration in northeastern California and northwestern Nevada - CRE-heavy loan book increases sensitivity to property-market weakness - Uninsured deposits can create funding pressure in stress periods - Regional disasters such as fires, floods, and earthquakes can disrupt borrowers - Interest-rate changes affect deposit costs, securities values, and loan demand ## Accounting Key accounting judgments include the allowance for credit losses, fair value marks on acquired assets and deposits, and lease accounting for the branch network. The bank also reports seasonality in deposit growth and uses an expected-credit-loss framework based on discounted cash flows, which can materially affect provisions and reserve levels. Unrealized losses on available-for-sale securities and accretion/amortization of acquisition-related fair value marks can also move reported equity and earnings. - **Allowance for credit losses** — Affects provision expense and loan-loss reserve levels - **Fair value marks on acquired assets and liabilities** — Affects interest expense, noninterest income, and pretax earnings - **Available-for-sale securities valuation** — Affects accumulated other comprehensive income and equity - **Lease accounting** — Affects occupancy expense and balance-sheet lease assets/liabilities - **Seasonality in deposits** — Affects quarter-to-quarter comparability of funding and liquidity - Allowance for credit losses depends on DCF assumptions and borrower risk - Provision expense changes with loan quality and portfolio mix - Fair value marks on acquired loans, deposits, and debentures affect earnings over time - Available-for-sale securities can create unrealized losses in equity - Branch and office leases affect occupancy expense and right-of-use assets --- *Last updated: 2026-04-29T04:46:22.508528+00:00*