Plumas Bancorp · NASDAQ:PLBC
Plumas Bancorp — Investor Presentation (April 2025)
27 slides from Plumas Bancorp's investor presentation, Apr 16, 2025
Slide 1: Investor Presentation Updated Through March 31, 2025
PLUMAS ee INVESTOR PRESENTATION UPDATED THROUGH MARCH 31, 2025
Slide 2: Forward Looking Statements Disclaimer
PLUMAS@ BANCORP Forward Looking Statements Disclaimer
Slide 3: Index
Slide 4: Plumas Bancorp
LUMAS# BANCORP
Slide 5: Management Team
‘Andrew Ryback Richard Belstock | resident & CEO EVP Chief Financial officer Years at Plumas Bank~23 ‘Years at Plumas Bank~ 18 BJ North ‘Aaron Boigon Jeff Moore
Slide 6: Business Model
PLUMAS © BANCORP Business Model ‘Branch network of 15 full-service branches and 2 lending offices. fetal and commercial baking wih emphasis feutonshigs longi oiine, ‘mobile, and remote services. Enhanced lending platfom fr Intesedefteny andra lending sence inde: ca eat commer roe Cin =
Slide 7: The Big Picture
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Slide 8: Net Income & Net Interest Margin
Net Income & Net Interest Margin $3500 sar aa fee. J
Slide 9: Non-Interest Income
Non-Interest Income jn thousands $12,000 $10,000 $8,000 sa00 $4,000 a $2,000 4 | sa sao sa =o ‘$2568 ia + a on, on 2 ee sor incite fase Sora
Slide 10: Deposits and Loans
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Slide 11: Deposit Trends and Current Composition
PLUMAS@ BANCORP Deposit Trends and Current Composition All core, no brokered deposits Average interest-bearing deposit rate was 1.11% for the three months ended March 31, 2025. rrr Dees, Dees, Owes DeeSH Dees Mir SL nance aot Mar 38,225
Slide 12: Deposit Detail
Deposit Detail Consumer vs Business Accounts a Rate by Product fates for threeronths ended Mat 32025, eeeeggegse8
Slide 13: Liquidity
Liquidity PLUMAS@ + No deposit concentrations. Average deposit balance was approximately $35 thousand at 03/31/25. + Largest unsecured deposit accounts are collateralized with investment * Cash, unpledged AFS investments, and rowing lines totaling approximately $583 million are more tl to cover nt u
Slide 14: Borrowings
Borrowings Out sanding correspondent bank gs: borrowi ° $15 safes « Fixed rate of 3.85% for the first five years, then floating rate linked to WSI Prime for the remaining eight-year term © Prepayable with no penalties © Due January 25, 2035, Available borrowings: » $251 million from FHLB © $115 mill
Slide 15: Loan Trends and Current Composition
PLUMAS@ BANCORP Loan Trends and Current Composition * Cased indec at prt in 4023, Bane expected to umn over “S yen * Portfolio average yield was 6.17% for the three months ended March 31, 2025, 42 Deca” Ore3L Bees Owe 3h Ove a, Mara, om’ mm Tom’ ton “ox
Slide 16: Diversification of Commercial Real Estate Loans by Property Type
ee . PLUMAS@ Diversification of Commercial BANCORP Real Estate Loans by Property Type ‘120000000 ‘10002000000 ee | SP CLLS aa Ve?
Slide 17: Geographic Distribution of Commercial Real Estate Loans
. a : PLUMAS Geographic Distribution of BANCORP Commercial Real Estate Loans CALIFORNIA AND NEVADA ECONOMIC REGIONS —_ CRE DISTRIBUTION BY REGION* 27-10) -Westen (pao reer) “€%-Other WV Uovener orange & pik) AZ CO, WA
Slide 18: Government Guaranteed Loans
PLUMAS@ BANCORP Government Guaranteed Loans + The government guaranteed balance of loans in our loan portfolio approximately 7% of total loans as of 03/31/25. + As rates rose beginning in 2022, variable rate SBA loan production declined. Plumas Bank began offering fixed rate SBA loans, the balances
Slide 19: Agricultural Loans
PLUMAS@ BANCORP Agricultural Loans + Agrcutural lending balances represented % of total loans as of 03/31/25. Ag Lending Balances a lending portfolio comprised of: ey Cattle Hay Orchard Crops (Fruits and Nuts) Rice * Walnut pricing fell in 2022, resulting in about $10 million in substandard loans, 1
Slide 20: Classified Assets
Classified Assets 75% AUB A RealEstate 3% 8A 7a loans, ungaranted potions 1xother ‘ovooreo 1% Substandard Accrual 33% ances of Ma 3,205
Slide 21: Financial Recap
Financial Recap
Slide 22: First Quarter 2025 Financial Highlights
PLUMAS BANCORP First Quarter 2025 Financial Highlights Dollars in thousands (Except per share) 3/31/2025 3/31/2024 Change Net Income $ 6,254 Income Before Tax s 3 8379 Net interest Income Net Interest Margin
Slide 23: 2024 Financial Highlights
2024 Financial Highlights PLUMAS@ BANCORP Dollars in thousands (Except per share) Net Interest Margin ROAA ROAE Book Value per Share Diluted EPS 12/31/2024 1,623,326 $ 1,371,101 $ 1,005,375 $ 28,619 39,001 73,691 4.79% 1.74% 17.2% 30.14 $ 4.80 $ 12/31/2023 1,610,416 $ 1,333,655 $ 948,604 $ 29,776 $
Slide 24: 2024 Financial Highlights — Five Year
PLUMAS BANCORP 2024 Financial Highlights — Five Year Dollars in thousands (Except per share) Loans held for sale Nonperforming ets/total assets Net Income Net Interest Margin Efficiency ratio 12/31/24 12/31/23 1,623,326 $1,610,416 1,371,101, $ 1,333,655, 1,005,375 $ 958,564 32/31/22 12/31/21 12/33/2
Slide 25: Recent Expansion Strategy
‘Apr'16 Opened LPO. Klamath Falls, OR
Slide 26: Strengths
Strengths + Stable Leadership team + Strong core deposits + Low cost of funds + Diversified loan portfolio + Non-Interest Income streams * Capital management + Positioned for opportunity in disrupted environment
Slide 27: Recent Awards
Se a Anal ak north 22204 (etal thas eta a $50) pte Ste on me Chien sareiateentiheaates ts tn $n od 55) Ba A via ‘super Premier Performing Sank 2015-2024 (enn onc mh cpa ney, met cn ert nd ee) Te ey ors ‘ion Select Financial Institution 2018 2028 lester ae owt ‘Best Performing Community Banks 2023 es