Plumas Bancorp, the parent company of Plumas Bank, today announced record first quarter earnings of $9.8 million or $1.40 per share, up from $7.2 million or $1.21 per share during the first quarter of 2025.
Andrew J. Ryback, director, president, and chief executive officer of Plumas Bancorp, said, “During the quarter, we continued to emphasize capital strength and the creation of long-term shareholder value. In February, our Board of Directors authorized a stock repurchase program of up to $25 million through the fourth quarter of 2026, reflecting our strong capital position, consistent earnings capacity, and confidence in the long-term outlook for Plumas Bancorp. We view disciplined share repurchases as an important complement to our broader capital management strategy, while maintaining flexibility to support growth. During the first quarter of 2026, we purchased a total of 41 thousand shares of Plumas Bancorp common stock.
“We also continued to strengthen our leadership team with the addition of experienced executives. Kevin Kaiser was promoted to Chief Credit Officer effective Jan. 1, 2026, following the 2025 appointments of Matt Moseley, Regional President, and Jack Prescott as Chief Banking Officer. These additions enhance our organizational depth and support the Bank’s long-term strategic priorities.
“Looking ahead, our priorities remain unchanged: delivering high-quality service to our clients, supporting the communities we serve, operational discipline, and creating sustainable, long-term value for our shareholders. I want to thank our employees for their continued dedication and our shareholders for their ongoing confidence in Plumas Bancorp.”
