Plumas Bancorp · NASDAQ:PLBC
Plumas Bancorp — Investor Presentation (July 2025)
29 slides from Plumas Bancorp's investor presentation, Jul 16, 2025
Slide 1: Investor Presentation Updated Through June 30, 2025
PLUMAS a oon INVESTOR PRESENTATION UPDATED THROUGH JUNE 30, 2025
Slide 2: Forward Looking Statements Disclaimer
PLUMAS@ BANCORP Forward Looking Statements Disclaimer
Slide 3: Index
Slide 4: PLUMAS@”
PLUMAS@” BANCORP
Slide 5: Management Team
‘Andrew Ryback Richard Belstock .- J President & CEO. EVP Chief Finarkial Officer Years at PlumasBank-23 Years at Plumas Bank~18 Matt Moseley Aaron Boigon Jeff Moore EVP Market President EVP Chief information Officer _EVP Chief Credit Officer Years at PlumasBank—-14* Years at PlumasBank-11 Years at
Slide 6: Business Model
PLUMAS * BANCORP Business Model Branch network. branches and 2 lending Retail and commerci ‘emphasis on personalized relationships alongside online, ‘mobile, and remote services. Enhanced lending platform for increased efficiency and rapid decisioning. Lending services include: Seen erm cel at, come
Slide 7: Transaction Highlights
PLUMAS@ BANCORP Transaction Highlights © Strong cultural fit witha talented staf Strategic | © Increasessale tobetter compete inhighl-compettive banking environment Rationale 1 & toga geographic slong the 1S corridor © Echang ratio of 06808 shares of PLEC common stock and $8.75 in cash or each ‘Shor
Slide 8: The Big Picture
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Slide 9: Net Income & Net Interest Margin
Net Income & Net Interest Margin Paes! | Eg
Slide 10: Non-Interest Income
Non-Interest Income in thousands $12,000 a | a suo $8,000 0 [oe] stom a $5,000 VA 38 sae Ged sm sion sam $2,000 P| aus. sa paw ss 0 #5 a 71 a0 mn ma ms mo oo tncomeeteekom mentors
Slide 11: Deposits and Loans
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Slide 12: Deposit Trends and Current Composition
PLUMAS@” BANCORP Deposit Trends and Current Composition All core, no brokered deposits Average interest-bearing deposit rate was 1.30% for the three months ended June 30, 2025. Dees OBL OSL ORES ORES Mn ances atin 302005
Slide 13: Deposit Detail
Deposit Detail Consumer vs Business Accounts Rate by Product Paes ee = aso 7 = 2.00% 00% = 0.50% a on 7a aR 889898 Savings Money Tine Total
Slide 14: Liquidity
PLUMAS@” BANCORP Liquidity Deposits in millions + No deposit concentrations. Average deposit balance was approximately $35 thousand at 06/30/25. + Largest unsecured deposit accounts are collateralized with investments. incl 5 * Cash, unpledged AFS investments, and borrowing lines totaling approximat
Slide 15: Borrowings
Borrowings Outstanding correspondent bank borrowings: © $15 million © Fixed rate of 3.85% for the first five years, then floating rate linked to WS! Prime for the remaining eight-year term © Prepayable with no penalties © Due January 25, 2035 Available borrowings: © $255 million from FHLB. © $98 mil
Slide 16: Loan Trends and Current Composition
PLUMAS@” BANCORP Loan Trends and Current Composition cna ndeect auto depamentn 4023 Salcesexpeedto unin owt “S years * Portfolio average yield was 6.14% for the three months ended June 30, 2025 Puree! rome aut Oeesh OFe SL OER ORE SL ORES nw “mo “teat” "Son" “Som” toate ances aot un, 30, 2025
Slide 17: Diversification of Commercial Real Estate Loans by Property Type
: _ . PLUMAS@ Diversification of Commercial BANCORP Real Estate Loans by Property Type eke eRe, Ome an REM moe sansoe nsa7e lances mot on 30,2005 shen nae nore conto
Slide 18: Geographic Distribution of Commercial Real Estate Loans
Geographic Distribution of PLUMAS@” BANCORP Commercial Real Estate Loans CALIFORNIA AND NEVADA ECONOMIC REGIONS CRE DISTRIBUTION BY REGION* 25% Nv- Wester (pale ean) 195A. Greater Seramert yeow) 1486-CA- Narther Saramento Valley (ht ree) 1286-CA. Nethen (dark ren) 20%. San ong Vey chartreuse green)
Slide 19: Government Guaranteed Loans
PLUMAS@” BANCORP Government Guaranteed Loans + The government guaranteed balance of loans in our loan portfolio represented. approximately 7% of total loans as of 06/30/25. + As rates rose beginning in 2022, variable rate SBA loan production declined. Plumas Bank began offering fixed rate SBAloans,
Slide 20: Agricultural Loans
PLUMAS@” BANCORP Agricultural Loans * Agricultural lending balances represented 11% of total loans as of 06/30/25. ‘Ag Lending Balances + Ag lending portfolio comprised of: ey Cattle Hay Orchard Crops (Fruits and Nuts) Re ‘Ag Real Estate + Walnut pricing fell in 2022, resulting in 7% about $10 milli
Slide 21: Classified Assets
Classified Assets PLUMAS@” BANCORP (V0: Sathowsand (REO: $91 thousand Now Accu $3.7 lon 72% Ag Bg Rea tate indeetaito 5.95584 7a)oans, ungated portions owner occuped CRE Rea estate 18 commercl Substansed aera $9. maton 51% Ag BAG Rea Estate 226 mvestocownedchE 265847) buns, nguaraneed portent (6 own
Slide 22: Financial Recap
Financial Recap
Slide 23: Second Quarter 2025 Financial Highlights
PLUMAS@ BANCORP Second Quarter 2025 Financial Highlights Dollars in thousands (Except per share) 6/30/2025 6/30/2024 Change Net Inc 6321 (465) Income Before Tax 8622 S$ 6 (614) Net Interest Income 18,183 $ (222) Net Interest Margin 4.83% (0.0696) ROAA 156% (0.11%) ROAE 13.4% (3.7%) Diluted EPS 1.05
Slide 24: First Half of 2025 Financial Highlights
PLUMAS@ BANCORP First Half of 2025 Financial Highlights Dollars in thousands (Except per share) 6/30/2025 Net Inc Income Before Tax Net Interest Income Net Interest Margin ROAA ROAE Diluted EPS 6/30/2024 0.06% (2.0%) 0.06
Slide 25: 2024 Financial Highlights
2024 Financial Highlights PLUMAS@ BANCORP Dollars in thousands (Except per share) 32/31/2024 Assets 1,623,326 $ Deposits 1,371,101 $ Net Loans 1,005,375 $ Net Income $ 28,619 $ Income Before Tax 39,001 $ Net interest Income 73,691 $ Net Interest Margin 419% ROAA 1.74% ROAE 17.2% Book Value per Share
Slide 26: 2024 Financial Highlights — Five Year
PLUMAS@ BANCORP 2024 Financial Highlights — Five Year Dollars in thousands (€xcept per share) 12/31/24 12/31/23 12/33/22 12/31/21 12/33/20 Asset $1,621,014 $1,614,074 $1,111,576 Depo: $1,457,809 $1,438,999 $973,974 Net Loans 158,564 $ 911,949 $ 838,587 $ 709,246 Loans held for sale , 7 Nonperforming
Slide 27: Recent Expansion Strategy
Slide 28: Strengths
Strengths + Stable Leadership team + Strong core deposits + Low cost of funds * Diversified loan portfolio + Non-Interest Income streams * Capital management
Slide 29: Recent Awards
Top 10 Recognising the top 10% of Community Banks 2015-2024 (conminttswe ttenan an ery Se pion by BReowce, me) “Super Premier’ Performing Bank 2015-2024 oy erase Ros Bankers Cup Recognizing the top 10% of Community Banks 20172024 (tye ant Deen 0 a 0 prema ime&Anootes {son Select Financial sthution 2