Here are 1-3 brief analogies for Plumas Bancorp (PLBC):

• Like a local version of Wells Fargo, serving communities and businesses in Northeastern California and Northwestern Nevada.
• Similar to a smaller U.S. Bank, focused on the unique needs of individuals and local businesses in its specific regional markets.

• Deposit Accounts: Plumas Bancorp accepts various deposits, including checking, money market, business sweep, public funds sweep, savings, time deposit, and retirement accounts for individuals and businesses.
• Loan Products: The company offers a diverse loan portfolio encompassing term real estate, commercial, industrial, government-guaranteed, agricultural, consumer, automobile, home equity, land development, construction, and Small Business Administration (SBA) loans, alongside credit lines.
• Digital and Ancillary Banking Services: Plumas Bancorp provides a range of banking conveniences such as remote deposit, telephone and mobile banking, internet banking with bill-pay, cashier's checks, ATMs, night depositories, safe deposit boxes, and electronic funds transfers.

Plumas Bancorp (PLBC) serves a diverse customer base, primarily providing banking products and services to both businesses and individuals. Based on the company description, its major customers can be categorized as follows:

• Small and Middle Market Businesses: Plumas Bancorp provides a range of services to these entities, including commercial and industrial term loans, government-guaranteed loans, agricultural loans, credit lines, and business sweep accounts.
• Individuals: The company serves individuals with various products such as consumer, automobile, and home equity loans, as well as checking, money market checking, savings, time deposit, and retirement accounts.
• Public Funds Entities: Plumas Bancorp also manages public funds sweep accounts, indicating that it serves governmental or municipal bodies to some extent.

• Fiserv, Inc. (FI)
• Visa Inc. (V)
• Mastercard Incorporated (MA)

Andrew J. Ryback, Director, President, and Chief Executive Officer

Andrew J. Ryback has been the President and Chief Executive Officer of Plumas Bancorp and Plumas Bank since 2011. He previously served as interim President and Chief Executive Officer from March 2010 to November 2011, and prior to that, as Executive Vice President and Chief Financial Officer from 2005 to 2011. Mr. Ryback joined Plumas Bank in July 2001. He is a Certified Public Accountant and a graduate of Pacific Coast Banking School. Prior to joining Plumas Bank, he served as Vice President, Controller for Placer Sierra Bank.

Richard L. Belstock, Executive Vice President and Chief Financial Officer

Richard L. Belstock has been the Executive Vice President and Chief Financial Officer of Plumas Bank and Plumas Bancorp as of July 18, 2012. He joined the bank in 2006 as Vice President and Controller. Mr. Belstock has over 30 years of experience in financial accounting and regulatory reporting, including 10 years as controller and chief accounting officer for Sierra West Bancorp. He is a licensed Certified Public Accountant since 1980. Mr. Belstock and his team have a history of managing and selling SBA loans.

Daniel E. West, Chairman of the Board

Daniel E. West has served as Chairman of the Board of Plumas Bancorp and as a director since 1997. He is president of Graeagle Land & Water Company, a land management company, and Graeagle Water Company, a private water utility. Additionally, he is a managing member of Graeagle Timber Company, LLC. Mr. West holds a Bachelor of Science degree in Business Administration from the University of the Pacific.

B. J. North, Executive Vice President & Chief Banking Officer of Plumas Bank

B. J. North joined Plumas Bank in 2008, where she is responsible for overseeing the bank's retail network, commercial loan group, and marketing. Before her role at Plumas Bank, Ms. North served as the Chief Advancement Officer for Truckee Meadows Community College (TMCC) and was an adjunct professor. She earned her Bachelor of Science degree in Education and a Master's degree in Educational Leadership from the University of Nevada, Reno.

Kevin C. Kaiser, Executive Vice President / Chief Credit Officer

Kevin C. Kaiser assumed the position of Executive Vice President and Chief Credit Officer for Plumas Bank effective January 1, 2026. He joined Plumas Bank on May 1, 2014, and previously held the role of Senior Vice President and Credit Administrator since 2019. Mr. Kaiser brings nearly 40 years of experience in commercial and agricultural lending to his role. He holds a bachelor's degree in Agricultural and Business Management from California State University, Chico, and is a graduate of Pacific Coast Banking School.

1. High Concentration in Real Estate Loans

2. Interest Rate Sensitivity

3. Deterioration in Credit Quality and Non-Performing Loans

Plumas Bancorp (PLBC) is expected to drive future revenue growth over the next two to three years through several key strategies and market dynamics:

1. Continued Loan Growth, particularly in Commercial Real Estate and SBA Loans: Plumas Bancorp anticipates improved loan demand, especially with projected Federal Reserve rate cuts. The company saw gross loans increase by 6% to $1 billion in 2024, primarily driven by growth in commercial real estate and commercial loans. Furthermore, Plumas Bank is actively expanding its Small Business Administration (SBA) loan program by increasing staff capacity and extending its lending footprint into new regions like Utah and central California. This focus on SBA loans and commercial real estate has already contributed to a significant surge in total gross loans, which reached approximately $1.5 billion as of September 30, 2025, a nearly 47% increase year-over-year, reflecting the successful integration of acquired loan portfolios.
2. Strategic Expansion of Branch Network and Market Presence through Acquisitions: Plumas Bancorp has been actively expanding its physical footprint. The acquisition of Cornerstone Community Bancorp in July 2025 added four new branches in California (Anderson, Red Bluff, and Redding), increasing the total number of full-service branches to 19 as of the third quarter of 2025. This expansion has directly contributed to a jump in total assets to $2.2 billion as of September 30, 2025. The company also utilizes Loan Production Offices (LPOs) in locations like Placer County, California, and Klamath Falls, Oregon, to extend its lending platform into adjacent markets without the overhead of full branch build-outs.
3. Net Interest Margin (NIM) Expansion and Optimized Funding Costs: The company's strategic initiatives include focusing on low-cost funds and higher-yielding loans to achieve margin expansion. For the year ended December 31, 2025, Plumas Bancorp reported an increase in its net interest margin by 12 basis points to 4.91% from 4.79% in 2024. This improvement was partly driven by investment restructuring related to sale-leasebacks, maintaining a low cost of funds, and the payoff of brokered deposits and borrowings resulting from the Cornerstone acquisition. Analyst commentary also suggests that a recent office sale-leaseback transaction is expected to further enhance net interest margin.
4. Deposit Stabilization and Growth: Plumas Bancorp anticipates stabilization and improvement in deposit levels, partly influenced by expected Federal Reserve rate cuts. The company successfully grew deposits by $37 million, or 3%, to $1.4 billion in 2024. The acquisition of Cornerstone Community Bancorp in 2025 also bolstered the company's deposit base.
5. Enhanced Treasury Management Services and Digital Offerings: The bank is proactively enhancing its lending systems and formalizing its treasury management services, including the implementation of FedNow Receive, which contributes to margin expansion. Additionally, Plumas Bank offers comprehensive digital banking services, including online, mobile, and remote options available 24/7, which is crucial for customer acquisition and retention in the modern banking landscape.

Share Repurchases

• Plumas Bancorp's Board of Directors authorized a stock repurchase program allowing the company to buy back up to $25 million of its common shares through the fourth quarter of 2026.
• The company plans to fund these repurchases using available cash and retained earnings.

Share Issuance

• As part of the acquisition of Cornerstone Community Bancorp, Plumas Bancorp issued 1 million new shares to Cornerstone's shareholders in July 2025.
• The acquisition involved the issuance of common stock and stock options totaling $45.2 million.
• In March 2026, a new Restricted Stock Unit (RSU) award agreement was adopted under the company's 2022 Equity Incentive Plan for grants to directors, executives, and employees, with vesting contingent on continued service.

Outbound Investments

• Plumas Bancorp completed the acquisition of Cornerstone Community Bancorp for approximately $61.3 million, effective July 1, 2025.
• This acquisition boosted Plumas Bancorp's loan portfolio by nearly 50% and deposits by 39%, also adding four new branches in Northern California.
• The acquisition incurred significant one-time merger-related expenses of approximately $8.2 million.

Capital Expenditures

• In November 2025, Plumas Bank completed a sale-leaseback transaction of two administrative offices, which generated a $5.5 million pre-tax gain.
• This transaction was intended to enhance the company's net interest margin and offset security losses from an investment portfolio restructure.