RENO, Nev., April 20, 2022 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced record first quarter earnings of $5.7 million or $0.98 per share, an increase of $1.3 million from $4.4 million or $0.86 per share during the first quarter of 2021. Diluted earnings per share increased to $0.97 during the three months ended March 31, 2022, up from $0.85 per share during the quarter ended March 31, 2021. Return on average assets was 1.42% during the current quarter, down from 1.55% during the first quarter of 2021. Return on average equity was 17.6% for the three months ended March 31, 2022, down slightly from 17.7% during the first quarter of 2021.
Plumas Bancorp Reports Record 2022 Quarterly Results
Provided Content: Content provided by Globe Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.
