Plumas Bancorp · NASDAQ:PLBC
Plumas Bancorp — Q3 2026 Earnings Presentation
25 slides from Plumas Bancorp's earnings presentation, Sep 30, 2026
Slide 1: Investor Presentation Updated Through September 30, 2026
INVESTOR PRESENTATION UPDATED THROUGH SEPTEMBER 30, 2026 Nevada County 1
Slide 2: Forward Looking Statements Disclaimer
Forward Looking Statements Disclaimer The statements contained herein that are not historical facts are forward-looking statements based on management’s current expectations and beliefs concerning future developments and their potential effects on the Company. Such statements involve inherent risks
Slide 3: Overview
Carson City Overview NASDAQ Symbol: PLBC Total Assets: $2.3 billion Headquartered: Reno, NV Bank Branches: 18 Year Established: 1980 3
Slide 4: Plumas Bank Leadership
Andrew Ryback Richard Belstock Matt Moseley Plumas Bank Leadership President & CEO EVP Chief Financial Officer EVP Regional President Business Model Years at Plumas Bank – 25 Years at Plumas Bank – 20 Years at Plumas Bank – 15* Aaron Boigon Kevin Kaiser Jack Prescott Retail and commercial banking wi
Slide 5: The Big Picture
Middle Fork of the Feather River The Big Picture 5
Slide 6: Net Income & Net Interest Margin
Net Income & Net Interest Margin $35,000 6.00% $29,776 $29,617 $30,000 $28,619 5.00% $26,444 4.91% 4.79% 4.71% $25,000 Frazier Creek 4.00% $21,009 • Net Interest Income 3.82% increased by $14 million. $20,000 3.63% 3.00% • 2025 Net Interest Margin Thousands of 4.91% driven by $15,000 investment rest
Slide 7: Non-Interest Income
Non-Interest Income in thousands $12,000 $1,596 $10,000 Washoe County $893 $3,380 $4,014 $8,000 $1,228 $1,869 • Non-interest income in 2025 $852 $2,696 $900 $641 included a $1.1 million $1,008 $234 $756 $37 settlement related to the Dixie $6,000 Fire and a sale leaseback mostly offset by loss on sal
Slide 8: Capital Data & Ratios
Capital Data & Ratios Dollars in thousands (Except per share) 9/30/2026 9/30/2025 Change % Change Lassen Peak Shareholders’ equity $ 262,451 $ 245,950 $ 16,501 6.7% Tangible common equity $ 228,834 $ 210,036 $ 18,798 8.9% • Capital ratios significantly exceed TBV per common share $ 32.95 $ 30.21 $ 2
Slide 9: Deposits and Loans
Plumas County Deposits and Loans 9
Slide 10: Deposit Trends and Current Composition
Deposit Trends and Current Composition $2,000 1.80% 100% 4% $1,810 $1,867 5% 7% 12% 13% $1,800 1.57% 1.60% 90% 17% 16% 17% $1,600 1.40% 80% $1,458 24% $1,371 1.43% 25% $1,400 $1,334 70% 1.20% 27% 27% 24% $1,200 60% 0.92% 1.00% 17% 16% Millions $1,000 50% 0.80% $800 40% 0.55% 0.60% $600 30% 52% 52% 5
Slide 11: Deposit Detail
Deposit Detail Consumer vs Business Accounts Rate by Product Balances as of Sept. 30, 2026 Rates for three months ended Sept. 30, 2026 100% 3.00% 90% 2.50% 2.77% 80% 36% 42% 45% 70% 71% 2.00% 60% 50% 1.50% 1.79% 1.60% 40% 64% 1.00% 30% 58% 55% 20% 29% 0.50% 10% 0.36% 0% 0.00% Savings Money Market DD
Slide 12: Liquidity
Liquidity • No deposit concentrations. Average Deposits deposit balance was approximately $40 in millions thousand at 09/30/26. Median deposit balance was approximately $3 thousand Uninsured but Collateralized at 9/30/26. 11% • Largest unsecured deposit accounts are collateralized with investments.
Slide 13: Borrowings
Borrowings Outstanding correspondent bank borrowings: ◦ $14.3 million ◦ Fixed rate of 3.85% for the first five years, then floating rate linked to WSJ Prime for the remaining eight-year term starting January 25, 2027 ◦ Prepayable with no penalties ◦ Due January 25, 2035 Debentures: Mt. Shasta ◦ $2 m
Slide 14: Loan Trends and Current Composition
Loan Trends and Current Composition RE/Construction RE/Residential Indirect Auto Home Equity Lines 4% 2% 2% $1,600 6.30% 7.00% 6.54% 4% Other 6.21% 1% $1,400 5.89% $1,496 $1,512 6.00% 5.28% Agricultural $1,200 9% 5.00% $1,000 $1,015 4.00% CRE/Owner $959 CRE/Multi Family 30% $912 11% $800 Millions 3.
Slide 15: Fixed vs Variable Rate Loans and Repricing Timeline
Fixed vs Variable Rate Loans and Repricing Timeline Fixed vs Variable Rate Loans Loan Portfolio by Repricing Frequency Other Qtrly Other 3% 2% 3% Prime Daily 15% 10% 5 Year T-Bill Fixed 5 Year Fixed 61% 21% 64% 21% Balances at Balances at Loan Repricing Weighted Average Loan Repricing Weighted Avera
Slide 16: Diversification of Commercial Real Estate Loans by Property Type
Diversification of Commercial Real Estate Loans by Property Type $160,000,000 $140,000,000 $120,000,000 $100,000,000 $80,000,000 $60,000,000 $40,000,000 $20,000,000 $- Includes CRE/Investor, CRE/Owner and CRE/Multifamily CRE SBA 504 SBA 7a Balances as of Sept. 30, 2026 16
Slide 17: Geographic Distribution of Commercial Real Estate Loans
Geographic Distribution of Commercial Real Estate Loans CALIFORNIA AND NEVADA ECONOMIC REGIONS CRE DISTRIBUTION BY REGION* 29% - CA - Northern Sacramento Valley (light green) 22% - NV - Western (pale green) 16% - CA - Greater Sacramento (yellow) 10% - CA - San Joaquin Valley (chartreuse green) 9% -
Slide 18: Agricultural Loans
Agricultural Loans • Agricultural lending balances represented 9% of total loans as of Ag Lending Balances Ag Equipment 9/30/26. 3% • Ag lending portfolio comprised of: Cattle Ag Operating Hay 21% Orchard Crops (Fruits and Nuts) Ag Real Estate Rice 76% Balances as of Sept. 30, 2026 18
Slide 19: Government Guaranteed Loans
Government Guaranteed Loans . The government guaranteed balance of loans in our loan portfolio represented $160 approximately 10% of total loans as of $140 9/30/2026 09/30/26. . $144 $120 12/31/2025 $129 As rates rose beginning in 2022, variable $100 rate SBA loan production declined. Plumas Million
Slide 20: Classified Loans
Classified Loans (Dollars in thousands) Non-Accrual Substandard Accrual Total Substandard • Classified assets Ag & Ag Real Estate $11,970 59% $11,276 56% $23,246 58% decreased slightly Owner-Occupied CRE $4,765 23% $2,618 13% $7,383 18% from the prior Investor-Owned CRE $197 1% $2,899 14% $3,096 8%
Slide 21: Financial Recap
Modoc County Financial Recap 21
Slide 22: Third Quarter 2026 Financial Highlights
Third Quarter 2026 Financial Highlights Dollars in thousands (Except per share) 9/30/2026 9/30/2025 Change % Change Net Income $ 11,386 $ 5,146 $ 6,240 121.3% Income Before Tax $ 14,032 $ 6,915 $ 7,117 102.9% Net Interest Income $ 26,541 $ 25,174 $ 1,367 5.4% Net Interest Margin 5.05% 4.83% 0.22% 4.
Slide 23: 2025 Financial Highlights
2025 Financial Highlights Dollars in thousands (Except per share) 12/31/2025 12/31/2024 Change % Change Assets $ 2,238,523 $ 1,623,326 $ 615,197 37.9% Deposits $ 1,809,604 $ 1,371,101 $ 438,503 32.0% Net Loans $ 1,495,834 $ 1,005,375 $ 490,459 48.8% Net Income $ 29,617 $ 28,619 $ 998 3.5% Income Bef
Slide 24: Recent Expansion Strategy
Jul ‘15 Purchased Rabo Bank’s Redding Branch July ‘25 Acquired Cornerstone Lassen County Community Bank, 4 branches Oct ‘18 Dec ‘15 Purchased April ‘23 Opened Mutual of Omaha Bank’s Recent Opened Chico Branch Reno Branch Carson City Branch July ‘21 Expansion Acquired Bank of Feather River Strategy 2
Slide 25: Recent Plumas Bancorp & Plumas Bank Performance Based Awards
‘Super Premier’ Performing Bank 2015-2025 (based on criteria such as capital adequacy, asset structure, growth, and more) By The Findley Reports Bankers Cup – Recognizing the top 10% of Community Banks 2017-2025 (publicly traded with assets between $500 million and $10 billion) By Raymond James