Plumas Bancorp's 2024 10-K: $13.2B Assets, $5.9M Net Income
Ticker: PLBC · Form: 10-K · Filed: Mar 19, 2025 · CIK: 1168455
Sentiment: neutral
Topics: financials, earnings, assets, liabilities
TL;DR
Plumas Bancorp 2024 10-K: $13.2B assets, $5.9M profit. Stable year.
AI Summary
Plumas Bancorp filed its 2024 10-K on March 19, 2025, reporting total assets of $13.2 billion and total liabilities of $12.9 billion for the fiscal year ending December 31, 2024. The company's net income was $5.9 million, with earnings per share of $1.08. Plumas Bancorp operates as a short-term business credit institution.
Why It Matters
This filing provides a comprehensive overview of Plumas Bancorp's financial health and performance for the past fiscal year, crucial for investors and stakeholders to assess its stability and future prospects.
Risk Assessment
Risk Level: low — The filing indicates a stable financial position with positive net income and manageable liabilities relative to assets.
Key Numbers
- $13.2B — Total Assets (Indicates the overall size of the company's holdings as of year-end 2024.)
- $12.9B — Total Liabilities (Represents the company's total obligations as of year-end 2024.)
- $5.9M — Net Income (Shows the company's profitability for the fiscal year 2024.)
- $1.08 — Earnings Per Share (Measures the portion of a company's profit allocated to each outstanding share of common stock for 2024.)
Key Players & Entities
- Plumas Bancorp (company) — Filer of the 10-K report
- 2024-12-31 (date) — Fiscal year end
- 2025-03-19 (date) — Filing date
- $13,196,000,000 (dollar_amount) — Total assets
- $12,867,000,000 (dollar_amount) — Total liabilities
- $5,903,368 (dollar_amount) — Net income
- $1.08 (dollar_amount) — Earnings per share
FAQ
What was Plumas Bancorp's total revenue for the fiscal year 2024?
The provided snippet does not explicitly state the total revenue for fiscal year 2024. It focuses on assets, liabilities, and net income.
How has Plumas Bancorp's net income changed compared to the previous year?
The filing snippet does not provide comparative data for previous years' net income, only for the fiscal year ending December 31, 2024.
What are the primary business activities of Plumas Bancorp?
Plumas Bancorp is classified under Standard Industrial Classification code 6153 as a 'SHORT-TERM BUSINESS CREDIT INSTITUTIONS'.
What is the company's address and state of incorporation?
Plumas Bancorp's business and mailing address is 5525 Kietzke Lane, Ste. 100, Reno, NV 89511. It is incorporated in California (CA).
What was the total amount of interest income and interest expense reported for 2024?
The filing snippet does not detail interest income or expense, but it does list 'InterestReceivableAndOtherAssets' and related tax items.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 19, 2025 regarding PLUMAS BANCORP (PLBC).