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Plumas Bancorp (Plumas Bancorp) Net Income : $28.41 Mil (TTM As of Dec. 2023)


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What is Plumas Bancorp Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Plumas Bancorp's Net Income for the three months ended in Dec. 2023 was $7.52 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $28.41 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Plumas Bancorp's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.27.


Plumas Bancorp Net Income Historical Data

The historical data trend for Plumas Bancorp's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Plumas Bancorp Net Income Chart

Plumas Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.51 14.48 21.01 26.44 29.78

Plumas Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.63 6.66 7.97 7.52 6.25

Plumas Bancorp Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Plumas Bancorp's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=40.211+-10.435+0+3.5527136788005E-15
=29.78

Plumas Bancorp's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=10.142+-2.621+0+8.8817841970013E-16
=7.52

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $28.41 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Plumas Bancorp  (NAS:PLBC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Plumas Bancorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Plumas Bancorp Net Income Related Terms

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Plumas Bancorp (Plumas Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
5525 Kietzke Lane, Suite 100, Reno, NV, USA, 89511
Plumas Bancorp is a bank holding company that provides various banking products and services in Northeastern California and Northwestern Nevada. It provides various deposit products such as checking, interest-bearing checking, business sweep, public funds sweep, savings, time deposit, and retirement accounts. The bank's loan portfolio consists of commercial real estate loans; commercial and industrial loans; consumer loans; agricultural loans; residential real estate loans, and construction and land development loans. The bank primarily generates revenue from loans and investment securities in its portfolio and, to a lesser extent, service fees.
Executives
Richard Francis Kenny director 5555 FLOWERING SAGE TRAIL, RENO NV 89511
Bj North officer: EVP, Retail Banking Manager 35 S. LINDAN AVENUE, QUINCY CA 95971
Michonne R. Ascuaga director 695 JUNIPER HILL ROAD, RENO NV 89519-2929
Heidi S Gansert director 4470 MOUNTAINGATE DRIVE, RENO NV 89519
Richard L Belstock officer: SVP, Interim CFO 35 S. LINDAN AVENUE, QUINCY CA 95971
Julie Ann Morehead director PO BOX 3745, YUBA CITY CA 95992
Steven M. Coldani director 1806 W. KETTLEMAN LANE SUITE J, LODI CA 95242
Jeffrey T. Moore officer: EVP and CCO 2293 BALD HILL ROAD, AUBURN CA 95603
William E Elliott director, officer: President & CEO C/O PLUMAS BANK, 35 S. LINDAN AVE, QUINCY CA 95971
Robert J Mcclintock director P.O. BOX 6179, 305 W. LAKE BLVD, TAHOE CITY CA 96145
Andrew J Ryback officer: SVP, Controller PLUMAS BANK, 35 S LINDAN AVE, QUINCY CA 95971
Aaron M. Boigon officer: EVP, Chief Information Officer 35 S. LINDAN AVE., QUINCY CA 95971
John Flournoy director P.O. BOX 96, LIKELY CA 96116-0096
Daniel E West director PO BOX 442, GRAEAGLE CA 96103
Cortopassi Family Trust 10 percent owner 11292 N ALPINE RD, STOCKTON CA 95212

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