Plumas Bancorp · NASDAQ:PLBC
Plumas Bancorp — Investor Presentation (June 2026)
25 slides from Plumas Bancorp's investor presentation, Jun 30, 2026
Slide 1: Investor Presentation Updated Through June 30, 2026
INVESTOR PRESENTATION UPDATED THROUGH JUNE 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: 19 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) 6/30/2026 6/30/2025 Change % Change Lassen Peak Shareholders’ equity $ 272,133 $ 193,079 $ 79,054 40.9% Tangible common equity $ 237,964 $ 186,874 $ 51,090 27.3% • Capital ratios significantly exceed TBV per common share $ 34.17 $ 31.49 $
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 $1,885 1.80% 100% 4% $1,810 5% 7% 12% 13% $1,800 1.55% 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 June 30, 2026 Rates for three months ended June 30, 2026 100% 3.00% 90% 36% 2.50% 2.70% 80% 42% 45% 70% 2.00% 71% 60% 1.86% 50% 1.50% 1.59% 40% 64% 1.00% 30% 58% 55% 20% 0.50% 29% 10% 0.37% 0% 0.00% Savings Money Market DDA
Slide 12: Liquidity
Liquidity Deposits • No deposit concentrations. Average in millions deposit balance was approximately $39 Uninsured thousand at 06/30/26. but • Largest unsecured deposit accounts are Collateralized 12% collateralized with investments. • Total liquidity of $744 million exceeds uninsured deposits not
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 3% 2% 2% $1,600 6.30% 7.00% 6.53% 4% Other 6.21% 1% $1,400 5.89% $1,512 $1,512 6.00% 5.28% Agricultural $1,200 10% 5.00% $1,000 $1,015 CRE/Owner $959 4.00% CRE/Multi Family 29% $912 10% $800 Millions
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 2% 2% 3% Prime Daily 15% 10% 5 Year T-Bill Fixed 5 Year Fixed 62% 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 June 30, 2026 *MFR includes no rent control 1
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 - Northern (dark green) 9% - CA - San Joaquin
Slide 18: Agricultural Loans
Agricultural Loans • Agricultural lending balances represented 10% of total loans as of Ag Lending Balances Ag Equipment 6/30/26. 4% • Ag lending portfolio comprised of: Cattle Ag Operating Hay 21% Orchard Crops (Fruits and Nuts) Ag Real Estate Rice 75% Balances as of June 30, 2026 18
Slide 19: Government Guaranteed Loans
Government Guaranteed Loans . The government guaranteed balance of loans in our loan portfolio represented $160 approximately 9% of total loans as of $140 6/30/2026 06/30/26. . $120 12/31/2025 $139 $129 As rates rose beginning in 2022, variable $100 rate SBA loan production declined. Plumas Millions
Slide 20: Classified Loans
Classified Loans (Dollars in thousands) Non-Accrual* Substandard Accrual Total Substandard • Classified assets Ag & Ag Real Estate $12,001 57% $11,799 55% $23,800 56% increased in the second quarter of Owner-Occupied CRE $4,772 22% $2,628 12% $7,400 17% 2026 related to SBA 7(a) loans, individual str
Slide 21: Financial Recap
Modoc County Financial Recap 21
Slide 22: Second Quarter 2026 Financial Highlights
Second Quarter 2026 Financial Highlights Dollars in thousands (Except per share) 6/30/2026 6/30/2025 Change % Change Net Income $ 9,959 $ 6,321 $ 3,638 57.6% Income Before Tax $ 13,654 $ 8,672 $ 4,982 57.4% Net Interest Income $ 26,007 $ 18,183 $ 7,824 43.0% Net Interest Margin 5.13% 4.83% 0.30% 6.2
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