Plumas Bancorp Reports Net Income of $6.66 Million for Q2 2023

Plumas Bancorp,(PLBC) a leading financial institution, recently released its unaudited Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Income for the second quarter of 2023. The report showcases significant developments in both net income and revenue, providing insights into the bank's financial performance during this period.

Net Income/ Loss Highlights

Plumas Bancorp recorded a remarkable net income of $6.66 million for the three months ended June 30, 2023. This represents a substantial increase of 17.3% compared to the same period last year when the net income was $5.68 million. This significant growth in net income indicates the bank's ability to generate healthy profits and efficiently manage its operations.

Revenue Highlights