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Overview / Commentary
530-283-6800
336 West Main Street
Quincy, CA 95971

Plumas Bank is headquartered in Quincy and is the 82nd largest bank in the state of California. It is also the 1,303rd largest bank in the nation. It was established in 1980 and as of March of 2014, it had grown to 136 employees at 12 locations. Plumas Bank has a B+ health rating.

Reviews (1)

Consumer Terrorists

Truckee:
Avoid this bank
loan until 2099 , no blemishes. They raised the interest from 9% to 18% for no reason. Their explanation vague and was told " we have done this to other account holder, not just you"
No discussion, no reasoning other than to hold an account holder hostage. Plumas bank relishes in pen whipping consumers. The employees are lazy and thugs.



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
C+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Plumas Bank had $13.55 million in non-current loans and owned real-estate with $56.79 million in equity and loan loss allowances on hand to cover it. This gives Plumas Bank a Texas Ratio of 23.86% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Plumas Bank decreased slightly from 33.12% as of March 31, 2013 to 23.86% as of March 31, 2014, resulting in a positive change of 27.95%.This indicates that the balance sheet and financial strength for Plumas Bank has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Plumas Bank has increased its total deposits by $42.92 million, resulting in 10.4% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Plumas Bank has shown is excellent.

Capitalization

GRADE:
B+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Plumas Bank has $518.5 million in assets with $56.79 million in equity, resulting in a capitalization level of 10.95%, which is above average.

Institution Statistics

Overall
FDIC Certificate #23275
Year Established1980
Employees136
Primary RegulatorFDIC
Assets and Liabilities
Assets$518.50 million
Loans$340.93 million
Deposits$455.48 million
Equity Capital$51.07 million
Loan Loss Allowance$5.72 million
Unbacked Noncurrent Loans$7.82 million
Real Estate Owned$5.73 million
Historic Data - March 2013
Assets$476.48 million
Equity Capital$50.94 million
Loan Loss Allowance$5.78 million
Unbacked Noncurrent Loans$7.82 million
Real Estate Owned$5.29 million
Profit Margin - Quarterly
Net Interest Margin4.26%
Return on Assets0.9%
Return on Equity9.24%
Interest Income$5.06 million
Rates

Sorry, we do not have rate data for Plumas Bank

Locations

Plumas Bank has 12 locations. Click to view all Plumas Bank locations.