Plumas Bancorp (PLBC) Reports Q4 EPS of $0.27

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Go back to Plumas Bancorp (PLBC) Reports Q4 EPS of $0.27

Plumas Bancorp Reports a 38% Increase in Year End Net Income

January 27, 2015 9:00 AM EST

QUINCY, Calif., Jan. 27, 2015 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced 2014 net income of $4.7 million compared to net income of $3.4 million for the year ended December 31, 2013, an improvement of $1.3 million or 38%. For the quarter ended December 31, 2014, Plumas Bancorp's net income increased by $428 thousand to $1.3 million as compared to net income of $916 thousand for the quarter ended December 31, 2013.

Net income allocable to common shareholders increased by $1.1 million or 30% from $3.6 million during the year ended December 31, 2013 to $4.7 million during the twelve months ended December 31, 2014. Earnings per diluted share... More