Plumas Bancorp · NASDAQ:PLBC
Plumas Bancorp — Investor Presentation (January 2023)
24 slides from Plumas Bancorp's investor presentation, Jan 23, 2023
Slide 1: Investor Presentation Updated Through December 31, 2022
PLUMAS BANCORP 4 INVESTOR PRESENTATION UPDATED THROUGH DECEMBER 31, 2022
Slide 2: Forward Looking Statements Disclaimer
PLUMAS P Forward Looking Statements Disclaimer
Slide 3: Index
Slide 4: Overview
‘anon vey Overview NASDAQ Symbol: PLBC Total Assets: $1.6 billion Headquartered: Reno, NV Bank Branches: 14 Year Established: 1980 PLUMAS” BANCORP
Slide 5: Plumas Bank Leadership
PLUMAS” BANCORP Plumas Bank Leadership Indian atey Andrew Ryback p ») President & CEO EVP Chief Financial Officer Years at Plumas Bank ~21 Years at Plumas Bank ~ 16 Richard Belstock BJ North ‘Aaron Boigon Jeff Moore iY. hs > | A EVP Chief Banking Officer EVP Chief Information Officer EVP Chief Credi
Slide 6: Business Model
PLUM. Business Model © Branch network of 14 full-service branches and 3 lending offices. ‘commercial mar + Reduced cots by leveraging mobile dnd onine banking serves i-quaranteed © etal consumer, aut, home equity Focus on small to middle market businesses.
Slide 7: The Big Picture
Slide 8: Net Income
Net Income
Slide 9: Non-Interest Income
* Non-Interest Income streams comprised primarily of: » Interchange revenue * Service charges on deposit accounts * Loan servicing fees * Gains on sale of SBA loans PLUMAS BANCORP Non-Interest Income $12900 10900 000 $00 s2900 20 2080 $2464
Slide 10: ROE of 21.9% in 2022
* ROE of 21.9% in 2022 * Strong earnings * Efficient use of capital PLUMAS BANCORP Returi non Equity 1.8 ans of ant Holing Companies 50084518
Slide 11: Stock Price to Earnings per Share
Stock Price to Earnings per Share ayaa aire Ba or nana Promaster tats 18558
Slide 12: Deposits and Loans
Deposits and Loans
Slide 13: Deposit Trends and Current Composition
natlons PLUMAS P Deposit Trends and Current Composition * Average interest-bearing deposit rate is 0.12% * Record level of deposits * All core, no brokered deposits
Slide 14: Loan Trends and Current Composition
PLUMAS P Loan Trends and Current Composition * Record level of loan balances eiporioliolaverarevieid waste 2e%4n/2022) * 80% of portfolio balance is variable rate. one czuty atone Plt tbtid Dee, Oke 3, One 31, Dee 31, Dee 31, Dee a, wor moi 201920 AAO lances aot De. 31,2022
Slide 15: Diversification of Commercial Real Estate Loans by Property Type
Diversification of Commercial eee Real Estate Loans by Property Type 10900000 PCPPPELLL ALP EE OL ° ia Ai ad, “fe a “ Includes Cnet, RE/Oaner and CE/Nuey CRE msBAS08 58470 ances of Dee 31,2022
Slide 16: Geographic Distribution of Commercial Real Estate Loans
Geographic Distribution of a Commercial Real Estate Loans CALIFORNIA AND NEVADA ECONOMIC REGIONS —_ CRE DISTRIBUTION BY REGION* 1%-NV- Northwestern lavender), Northeastern (pale pink) & WA & AZ
Slide 17: Agricultural Loans
Agricultural Loans + Agricultural lending balances represented ‘Ag Lending Balances 13.5% of total loans as of 12/31/22. ee * Agricultural loans decreased by approximately $4 million to $123 million at 12/31/22, from 12/31/21. * Ag lending portfolio comprised of: * Cattle * Hay * Orchard Crops (Frui
Slide 18: Indirect Automobile Loans
PLUMAS RP Indirect Automobile Loans . aye BALANCE BY LOAN * Total automobile loans - $96.7 million * Average balance - $28.2 thousand im red vetue) mew yeti Average term at origination - 6.4 years Average FICO at origination - 740 * Delinquent loans as a percent of total by dollars — 3.1% fatices of
Slide 19: Financial Recap
Financial Recap
Slide 20: 2022 Financial Highlights
PLUMAS” BANCORP ae Financial Highlights Dollars in thousands Hi (Except per share) 12/31/2022 12/31/2021 Change 1 1,621,044 $ 1,614,074 6,970 1,457,809 |$ 1,438,999 18,810 Ly 911,949 $ 838,587 73,362 PME Loans held for sale 2,301 31,277 | $ (28,976) SIE Net income 26,444 5,435, Income Before Tax EMR
Slide 21: 2022 Financial Highlights – Five Year
PLUMAS” BANCORP 2022 Financial Highlights — Five Year Dollars in thousands (Except per share)+ 32/31/22 12/31/21 | 12/31/20 12/31/19 | 12/33/18 $1,621,044 | $1,614,074 | $1,111,576 | $865,191 $ 1,457,809 | $1,438,999 | $ 973,974 $747,324 $ 824,398 $726,565 $ 911,949 $ 838,587 $ 709,246 $617,561 $ 56
Slide 22: Recent Expansion Strategy
Apr‘16 Opened LPO Kia : ul 5 & || Purchased Rabo Bank's li Recent Vy rr Expansion ae Oe of Feather Strategy : ss PLUMAS” BANCORP
Slide 23: Strengths & Challenges
Challenges » Rapidly changing interest rate environment » Economic uncertainty * Leadership succession » Cybersecurity PLUMAS BANCORP Strengths Stable Leadership team Strong core deposits *Diversified loan portfolio eNon-Interest Income streams *Capital management Positioned for opportunity in disru
Slide 24: Recent Performance Based Awards
Recent Plumas Bancorp & Plumas Bank Performance Based Awards PLUMAS BANCORP + Bankers Cup ~ Recognizing the top 10% of Community Banks 4° Best Performing Community Bank in the Nation 2021 314 Best Performing Community Bank in the Nation 2020 2 Best Performing Community Bank in the Nation 2018-2019 5
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