Plumas Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $1,610.42 Mil.
Warning Sign:
If a company builds assets at 12.5% a year, faster than its revenue growth rate of 10.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Plumas Bancorp's average Total Assets Growth Rate was 4.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.60% per year.
During the past 13 years, Plumas Bancorp's highest 3-Year average Total Assets Growth Rate was 15.30%. The lowest was -9.10%. And the median was 9.25%.
The historical data trend for Plumas Bancorp's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Plumas Bancorp's Total Assets for the fiscal year 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.
Plumas Bancorp (NAS:PLBC) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Plumas Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Plumas Bancorp Total Assets Related Terms
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Plumas Bancorp (Plumas Bancorp) Business Description
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.
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