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10-Q Filing

PLUMAS BANCORP CIK: 1168455 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001437749-18-008338
Period End Date 20180331
Filing Date 20180502
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance plbc-20180331.xml
Filing Contents
Balance Sheet 56 line items
Line Item Tag Value Unit Period
Loans, allowance for loan losses LoansAndLeasesReceivableAllowance $6.55M USD Point-in-time
Loans, allowance for loan losses LoansAndLeasesReceivableAllowance $6.67M USD Point-in-time
Loans, allowance for loan losses LoansAndLeasesReceivableAllowance $6.62M USD Point-in-time
Loans, allowance for loan losses LoansAndLeasesReceivableAllowance $6.74M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $87.54M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $51.95M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $62.65M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $64.69M USD Point-in-time
Investment securities available for sale AvailableForSaleSecuritiesDebtSecurities $137.47M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 22.50M shares Point-in-time
Investment securities available for sale AvailableForSaleSecuritiesDebtSecurities $148.18M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 22.50M shares Point-in-time
Loans, less allowance for loan losses of $6,622 at March 31, 2018 and $6,669 at December 31, 2017 LoansAndLeasesReceivableNetReportedAmount $485.17M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 5.06M shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 5.08M shares Point-in-time
Loans, less allowance for loan losses of $6,622 at March 31, 2018 and $6,669 at December 31, 2017 LoansAndLeasesReceivableNetReportedAmount $482.25M USD Point-in-time
Real estate acquired through foreclosure ForeclosedAssets $1.08M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 5.08M shares Point-in-time
Real estate acquired through foreclosure ForeclosedAssets $1.34M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 5.06M shares Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $11.35M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $11.18M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $12.87M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $12.61M USD Point-in-time
Accrued interest receivable and other assets InterestReceivableAndOtherAssets $13.87M USD Point-in-time
Accrued interest receivable and other assets InterestReceivableAndOtherAssets $12.62M USD Point-in-time
Total assets Assets $736.78M USD Point-in-time
Total assets Assets $745.43M USD Point-in-time
Non-interest bearing NoninterestBearingDepositLiabilities $282.24M USD Point-in-time
Non-interest bearing NoninterestBearingDepositLiabilities $267.64M USD Point-in-time
Interest bearing InterestBearingDepositLiabilities $385.15M USD Point-in-time
Interest bearing InterestBearingDepositLiabilities $380.42M USD Point-in-time
Total deposits Deposits $652.79M USD Point-in-time
Total deposits Deposits $662.66M USD Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $10.07M USD Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $8.68M USD Point-in-time
Accrued interest payable and other liabilities AccruedLiabilitiesAndOtherLiabilities $6.69M USD Point-in-time
Accrued interest payable and other liabilities AccruedLiabilitiesAndOtherLiabilities $7.71M USD Point-in-time
Junior subordinated deferrable interest debentures JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust $10.31M USD Point-in-time
Junior subordinated deferrable interest debentures JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust $10.31M USD Point-in-time
Total liabilities Liabilities $689.73M USD Point-in-time
Total liabilities Liabilities $679.49M USD Point-in-time
Commitments and contingencies (Note 5) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 5) CommitmentsAndContingencies - USD Point-in-time
Common stock, no par value; 22,500,000 shares authorized; issued and outstanding 5,082,676 shares at March 31, 2018 and 5,064,972 at December 31, 2017 PreferredStockValue $6.54M USD Point-in-time
Common stock, no par value; 22,500,000 shares authorized; issued and outstanding 5,082,676 shares at March 31, 2018 and 5,064,972 at December 31, 2017 PreferredStockValue $6.42M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $53.13M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $49.85M USD Point-in-time
Accumulated other comprehensive loss, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-570.00K USD Point-in-time
Accumulated other comprehensive loss, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.39M USD Point-in-time
Total shareholders equity StockholdersEquity $55.70M USD Point-in-time
Total shareholders equity StockholdersEquity $57.29M USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $745.43M USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $736.78M USD Point-in-time
Income Statement 57 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $6.11M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $6.78M USD 1 Quarter
Interest on investment securities InterestAndDividendIncomeSecurities $561.00K USD 1 Quarter
Interest on investment securities InterestAndDividendIncomeSecurities $856.00K USD 1 Quarter
Other OtherInterestAndDividendIncome $185.00K USD 1 Quarter
Other OtherInterestAndDividendIncome $96.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $7.82M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $6.76M USD 1 Quarter
Interest on deposits InterestExpenseDeposits $151.00K USD 1 Quarter
Interest on deposits InterestExpenseDeposits $139.00K USD 1 Quarter
Interest on note payable InterestExpenseMediumTermNotes $24.00K USD 1 Quarter
Interest on note payable InterestExpenseMediumTermNotes - USD 1 Quarter
Interest on junior subordinated deferrable interest debentures InterestExpenseJuniorSubordinatedDebentures $94.00K USD 1 Quarter
Interest on junior subordinated deferrable interest debentures InterestExpenseJuniorSubordinatedDebentures $112.00K USD 1 Quarter
Other InterestExpenseOther $2.00K USD 1 Quarter
Other InterestExpenseOther $1.00K USD 1 Quarter
Total interest expense InterestExpense $265.00K USD 1 Quarter
Total interest expense InterestExpense $258.00K USD 1 Quarter
Net interest income before provision for loan losses InterestIncomeExpenseNet $6.51M USD 1 Quarter
Net interest income before provision for loan losses InterestIncomeExpenseNet $7.55M USD 1 Quarter
Provision for Loan Losses ProvisionForLoanAndLeaseLosses $200.00K USD 1 Quarter
Provision for Loan Losses ProvisionForLoanAndLeaseLosses $200.00K USD 1 Quarter
Provision for Loan Losses ProvisionForLoanAndLeaseLosses $600.00K USD Annual
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $7.35M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $6.31M USD 1 Quarter
Service charges RevenueFromContractWithCustomerIncludingAssessedTax $640.00K USD 1 Quarter
Service charges RevenueFromContractWithCustomerIncludingAssessedTax $599.00K USD 1 Quarter
Interchange revenue InterestIncomeSecuritiesTaxable $456.00K USD 1 Quarter
Interchange revenue InterestIncomeSecuritiesTaxable $491.00K USD 1 Quarter
Gain on sale of loans GainLossOnSaleOfLoansAndLeases $528.00K USD 1 Quarter
Gain on sale of loans GainLossOnSaleOfLoansAndLeases $666.00K USD 1 Quarter
Gain on equity securities with no readily determinable fair value GainOnAdjustingCarryingValueOfEquitySecuritiesWithNoReadilyDeterminableFairValue $209.00K USD 1 Quarter
Gain on equity securities with no readily determinable fair value GainOnAdjustingCarryingValueOfEquitySecuritiesWithNoReadilyDeterminableFairValue - USD 1 Quarter
Loss on sale of investments GainLossOnSaleOfInvestments $-8.00K USD 1 Quarter
Loss on sale of investments GainLossOnSaleOfInvestments $-17.00K USD 1 Quarter
Other NoninterestIncomeOther $533.00K USD 1 Quarter
Other NoninterestIncomeOther $481.00K USD 1 Quarter
Total non-interest income NoninterestIncome $2.53M USD 1 Quarter
Total non-interest income NoninterestIncome $2.05M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $3.11M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $2.93M USD 1 Quarter
Occupancy and equipment OccupancyAndEquipment $702.00K USD 1 Quarter
Occupancy and equipment OccupancyAndEquipment $769.00K USD 1 Quarter
Other OtherNoninterestExpense $1.63M USD 1 Quarter
Other OtherNoninterestExpense $1.39M USD 1 Quarter
Total non-interest expenses NoninterestExpense $5.45M USD 1 Quarter
Total non-interest expenses NoninterestExpense $5.08M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $4.43M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $3.27M USD 1 Quarter
Provision for Income Taxes IncomeTaxExpenseBenefit $1.21M USD 1 Quarter
Provision for Income Taxes IncomeTaxExpenseBenefit $1.16M USD 1 Quarter
Net income NetIncomeLoss $2.06M USD 1 Quarter
Net income NetIncomeLoss $3.28M USD 1 Quarter
Basic earnings per common share (in dollars per share) EarningsPerShareBasic $0.65 USD 1 Quarter
Basic earnings per common share (in dollars per share) EarningsPerShareBasic $0.42 USD 1 Quarter
Diluted earnings per common share (in dollars per share) EarningsPerShareDiluted $0.40 USD 1 Quarter
Diluted earnings per common share (in dollars per share) EarningsPerShareDiluted $0.63 USD 1 Quarter
Cash Flow Statement 81 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $2.06M USD 1 Quarter
Net income NetIncomeLoss $3.28M USD 1 Quarter
Provision for Loan Losses ProvisionForLoanAndLeaseLosses $200.00K USD 1 Quarter
Provision for Loan Losses ProvisionForLoanAndLeaseLosses $200.00K USD 1 Quarter
Provision for Loan Losses ProvisionForLoanAndLeaseLosses $600.00K USD Annual
Change in deferred loan origination costs/fees, net AmortizationOfDeferredLoanOriginationFeesNet $315.00K USD 1 Quarter
Change in deferred loan origination costs/fees, net AmortizationOfDeferredLoanOriginationFeesNet $134.00K USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $245.00K USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $271.00K USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $43.00K USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $47.00K USD 1 Quarter
Loss on sale of investments GainLossOnSaleOfInvestments $-8.00K USD 1 Quarter
Loss on sale of investments GainLossOnSaleOfInvestments $-17.00K USD 1 Quarter
Amortization of investment security premiums InvestmentIncomeAmortizationOfPremium $144.00K USD 1 Quarter
Amortization of investment security premiums InvestmentIncomeAmortizationOfPremium $169.00K USD 1 Quarter
Gain on equity securities with no readily determinable fair value GainOnAdjustingCarryingValueOfEquitySecuritiesWithNoReadilyDeterminableFairValue $209.00K USD 1 Quarter
Gain on equity securities with no readily determinable fair value GainOnAdjustingCarryingValueOfEquitySecuritiesWithNoReadilyDeterminableFairValue - USD 1 Quarter
Gain on sale of OREO and other vehicles NetGainLossOnSaleOfOtherRealEstateAndVehiclesowned $5.00K USD 1 Quarter
Gain on sale of OREO and other vehicles NetGainLossOnSaleOfOtherRealEstateAndVehiclesowned $34.00K USD 1 Quarter
Gain on sale of loans held for sale GainLossOnSaleOfLoansAndLeases $528.00K USD 1 Quarter
Gain on sale of loans held for sale GainLossOnSaleOfLoansAndLeases $666.00K USD 1 Quarter
Loans originated for sale LoansOriginatedForsale $11.20M USD 1 Quarter
Loans originated for sale LoansOriginatedForsale $12.61M USD 1 Quarter
Proceeds from loan sales ProceedsFromSaleOfLoansHeldForSale $11.94M USD 1 Quarter
Proceeds from loan sales ProceedsFromSaleOfLoansHeldForSale $9.20M USD 1 Quarter
Provision from change in OREO valuation RealEstateOwnedValuationAllowanceProvision1 $9.00K USD 1 Quarter
Provision from change in OREO valuation RealEstateOwnedValuationAllowanceProvision1 - USD 1 Quarter
Earnings on bank-owned life insurance BankOwnedLifeInsuranceIncome $82.00K USD 1 Quarter
Earnings on bank-owned life insurance BankOwnedLifeInsuranceIncome $83.00K USD 1 Quarter
(Increase) decrease in accrued interest receivable and other assets IncreaseDecreaseInOtherOperatingAssets $-1.45M USD 1 Quarter
(Increase) decrease in accrued interest receivable and other assets IncreaseDecreaseInOtherOperatingAssets $99.00K USD 1 Quarter
Increase (decrease) in accrued interest payable and other liabilities IncreaseDecreaseInOtherAccruedLiabilities $1.02M USD 1 Quarter
Increase (decrease) in accrued interest payable and other liabilities IncreaseDecreaseInOtherAccruedLiabilities $-1.47M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-25.00K USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $2.89M USD 1 Quarter
Proceeds from principal repayments from available-for-sale government-sponsored mortgage-backed securities ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $3.10M USD 1 Quarter
Proceeds from principal repayments from available-for-sale government-sponsored mortgage-backed securities ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $3.16M USD 1 Quarter
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $20.79M USD 1 Quarter
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $16.29M USD 1 Quarter
Proceeds from sale of available-for-sale securities ProceedsFromSaleOfAvailableForSaleSecurities $4.22M USD 1 Quarter
Proceeds from sale of available-for-sale securities ProceedsFromSaleOfAvailableForSaleSecurities $4.16M USD 1 Quarter
Net increase in loans PaymentsForProceedsFromLoansAndLeases $6.41M USD 1 Quarter
Net increase in loans PaymentsForProceedsFromLoansAndLeases $1.90M USD 1 Quarter
Proceeds from Bank owned life insurance ProceedsFromLifeInsurancePolicies - USD 1 Quarter
Proceeds from Bank owned life insurance ProceedsFromLifeInsurancePolicies $338.00K USD 1 Quarter
Proceeds from sale of OREO ProceedsFromSaleOfOtherRealEstate $412.00K USD 1 Quarter
Proceeds from sale of OREO ProceedsFromSaleOfOtherRealEstate $75.00K USD 1 Quarter
Proceeds from sale of other vehicles ProceedsFromSaleOfForeclosedAssets $66.00K USD 1 Quarter
Proceeds from sale of other vehicles ProceedsFromSaleOfForeclosedAssets $112.00K USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $118.00K USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $51.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-14.56M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-15.36M USD 1 Quarter
Net (decrease) increase in demand, interest bearing and savings deposits NetIncreaseInDemandInterestBearingAndSavingsdeposits $-6.26M USD 1 Quarter
Net (decrease) increase in demand, interest bearing and savings deposits NetIncreaseInDemandInterestBearingAndSavingsdeposits $8.53M USD 1 Quarter
Net decrease in time deposits IncreaseDecreaseInTimeDeposits $-1.59M USD 1 Quarter
Net decrease in time deposits IncreaseDecreaseInTimeDeposits $-3.60M USD 1 Quarter
Principal payment on note payable RepaymentsOfNotesPayable - USD 1 Quarter
Principal payment on note payable RepaymentsOfNotesPayable $125.00K USD 1 Quarter
Net decrease in securities sold under agreements to repurchase ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-2.25M USD 1 Quarter
Net decrease in securities sold under agreements to repurchase ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-1.40M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $123.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $82.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $4.69M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-11.18M USD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-22.85M USD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-10.69M USD 1 Quarter
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $87.54M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $51.95M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $62.65M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $64.69M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $87.54M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $51.95M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $62.65M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $64.69M USD Point-in-time
Interest expense InterestPaidNet $264.00K USD 1 Quarter
Interest expense InterestPaidNet $256.00K USD 1 Quarter
Income taxes IncomeTaxesPaid - USD 1 Quarter
Income taxes IncomeTaxesPaid - USD 1 Quarter
Real estate and vehicles acquired through foreclosure RealEstateAndVehiclesAcquiredThroughForeclosure $50.00K USD Point-in-time
Real estate and vehicles acquired through foreclosure RealEstateAndVehiclesAcquiredThroughForeclosure $220.00K USD Point-in-time
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $2.06M USD 1 Quarter
Net income NetIncomeLoss $3.28M USD 1 Quarter
Change in net unrealized gain/loss OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-2.59M USD 1 Quarter
Change in net unrealized gain/loss OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $503.00K USD 1 Quarter
Reclassification adjustments for net losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $-17.00K USD 1 Quarter
Reclassification adjustments for net losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $-8.00K USD 1 Quarter
Net unrealized holding (loss) gain OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $520.00K USD 1 Quarter
Net unrealized holding (loss) gain OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $-2.58M USD 1 Quarter
Change in net unrealized gain/loss OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-765.00K USD 1 Quarter
Change in net unrealized gain/loss OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $207.00K USD 1 Quarter
Reclassification of net losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $-2.00K USD 1 Quarter
Reclassification of net losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $-7.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $-763.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $214.00K USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-1.82M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $306.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $1.46M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $2.37M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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