Plumas Bancorp · NASDAQ:PLBC
Plumas Bancorp — Investor Presentation (January 2025)
27 slides from Plumas Bancorp's investor presentation, Jan 15, 2025
Slide 1: Investor Presentation Updated Through December 31, 2024
PLUMAS eee INVESTOR PRESENTATION UPDATED THROUGH DECEMBER 31, 2024
Slide 2: Forward Looking Statements Disclaimer
PLUMAS@” BANCORP Forward Looking Statements Disclaimer
Slide 3: Index
Slide 4: Overview
PLUMAS@” BANCORP
Slide 5: Management Team
‘Andrew Ryback Richard Belstock President & CEO EVP Chief Financial Officer Yeors ot Plumas Bank-23 Years at Plumas Bank 18 8) North ‘Aaron Boigon Jeff Moore EVP Chief Banking Officer EVP Chief information Officer EVP Chief Credit Officer Years at Plumas Bank-15 YearsatPlumasBank-11 Years at Plumas
Slide 6: Business Model
PLUMAS BANCORP Business Model Branch network of 15 full-service branches and 2 lending offtces. Retail and commercial banking with ‘emphasis on personalized Telationships alongside online, mobile, and remote services. Enhanced lending platform for Increased efficiency ard rapid decisioning. Lending
Slide 7: The Big Picture
The Big Pictu re Sa
Slide 8: Net Income & Net Interest Margin
Net Income & Net Interest Margin S300 soo sper sms Taw} sone =} 3901 = i_|| 100m spe z i 106 J smo |_ suis ‘|| m0 i gg sae 000 a4." | s come
Slide 9: Non-interest Income
Non-interest Income ‘in thousands 3123000 $10,000 si70* $8,000 pe 008 | $6,000 in ea os nae a $4000 $2,000 aan sao. fae ae $ 2020 aon 20 hang ev Seve Chagson Ds ans pOne'died aula 9039 de ca eee
Slide 10: Deposits and Loans
Deposits and Loans cnc
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 1.10% for the three months ended December 31, 2024. (ee 31 220 ee 3, 2021 Dee 3, 222 ec 3.2025 Ove 3,228 lancet 31,202,
Slide 12: Deposit Detail
Deposit Detail Consumer vs Business Accounts Rate by Product Balances of 38,2028 ates for tee months ended Doc 31, 2028 100% 3.00% 90% ae 250% is 2.00% 60% —_ 50% 150% 40% io pst 1.00% os 050% 10% — 0% cers 7 Smvings Money Time Total Market
Slide 13: Liquidity
PLUMAS@” BANCORP Liquidity Deposits inmilions + No deposit concentrations. Average Gime, deposit balance was approximately $36 thousand at 12/31/24. + Largest unsecured deposit accounts are Uninc, collateralized with investmer i) * Cash, unpledged AFS investments, and borrowing lines Gili approximat
Slide 14: Borrowings
Borrowings BTFP borrowing: © Paid off remaining $60 million in 4024 Outstanding correspondent bank borrowings: © $15 million * Fixed rate of 3.859% fr the first five years, then floating rate linked to WSI Prime for t remaining eight-year term * Prepayable with no penalties © Due January 25, 2035 Av
Slide 15: Loan Trends and Current Composition
PLUMAS@” BANCORP Loan Trends and Current Composition + Record level of loan balances * coset indtec at eprint in £023, ance expected to umvind over“ ee + Portfolio average yield was 6.22% for the three months ended December 31, 2024. Dest, ORE SH, DAES, Owe SL, On, man tom’ oa ances got ee 33,204,
Slide 16: Diversification of Commercial Real Estate Loans by Property Type
: Paya : PLUMAS@” Diversification of Commercial BANCORP Real Estate Loans by Property Type 90000 WE SL be 1P SAS pf pl? va “ef “7 via 20020000
Slide 17: Geographic Distribution of Commercial Real Estate Loans
ee PLUMAS# Geographic Distribution of BANCORP Commercial Real Estate Loans CALIFORNIA AND NEVADA ECONOMIC REGIONS —_ CRE DISTRIBUTION BY REGION* 2-NV- Western (gle ren) 20%-A. Greater Serament ylow) 15% -CA- Norte Vale Het eeen) ) SCA. Central Cos (orang) 12% -CA- Northern (1 {8-CA San Joaquin Valle
Slide 18: 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 12/31/24. As rates rose beginning in 2022, vai rate government guaranteed loat trestretn deaths) Elna aeneSS2=m offering fixed rate governm
Slide 19: Agricultural Loans
PLUMAS@” BANCORP Agricultural Loans + Agricultural lending balances represented 12% of total loans as of 12/31/24. Ag pevding (Sie * Ag lending portfolio comprised of: a7" Cattle Hay Orchard Crops (Fruits and Nuts) Rice teste * Walnut pricing fell in 2022, resulting in about $10 million in substanda
Slide 20: Classified Assets
Classified Assets ‘OVO: $11 towsend
Slide 21: Financial Recap
Financial Recap
Slide 22: Fourth Quarter 2024 Financial Highlights
PLUMAS@ BANCORP Fourth Quarter 2024 Financial Highlights Dollars in thousands (Except per share) (6.8%) 0.02 2
Slide 23: 2024 Financial Highlights
2024 Financial Highlights PLUMAS@ BANCORP Dollars in thousands (Except per share) Assets Deposi Net Loans Net income Income Before Tax Net Interest Income Net interest Margin ROAA ROAE Book Value per Share Dilutes EPS 12/31/2024 1,623,326 $ 371,101 $ 1,005,375 $ 28,619 $ $ $ 39,001 73,691 4.79% 1.74
Slide 24: 2024 Financial Highlights – Five Year
PLUMAS@ 2024 Financial Highlights — Five Year Dollars in thousands (Excopt por sha aafsif2a— 42/33/23 12/33/22 12/31/21 610,416 $1,621,044 $1,614,074 1,233,655 $1,457,809 $1,498,099 $ 911949 § 636,587 2,301 BANCORP 32/31/20 1,511,578 73,974 $ $
Slide 25: Recent Expansion Strategy
i Jul 15 Purchased Rabo Bank’s
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: Bankers Cup and Recent Awards
Bankers Cup~ Recognizing the top 20% of Community Banks 2037-2023 ‘Annual Bank Honor Rol 2022-2028 {€8 Top 30 Recognizing the top 20% of Community Banks 2015-2028 ‘Super Premier Performing Bank 20152023 son Select Financia isthution 2018-2023, (bd ne ker e cee Best Performing Community Bans 2023, le
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