Plumas Bancorp (PLBC) Wednesday reported first-quarter earnings of $7.18 million or $1.20 per share, up from $6.25 million or $1.05 per share in the same quarter a year ago.
On average, 3 analysts expected the company to report earnings of $1.12 per share for the quarter. Analysts' estimates typically exclude special items.
Net-interest income increased by $1.1 million to $18.54 million from $17.46 million last year.
Provision for credit losses decreased to $250000 from $821000 a year ago.
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