Plumas Bancorp Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014
For the year, interest income was $21,147,000 against $19,460,000 a year ago. Net interest income before provision for loan losses was $19,454,000 against $17,926,000 a year ago. Net interest income after provision for loan losses was $18,354,000 against $16,526,000 a year ago. Income before income taxes was $7,824,000 against $5,598,000 a year ago. Net income available to common shareholders was $4,738,000 or $0.95 per diluted share compared to $3,649,000 or $0.75 per diluted share for the year ended December 31, 2013. Book value per common share at December 31, 2013 was $7.61 against $6.39 for the same period a year ago. Return on average common equity was 14% against 12% a year ago. Return on average assets was 0.89% against 0.69% a year ago.