Plumas Bank

Headquarters

336 Main St
Quincy, CA 95971
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.08% 0.85% →
1-Year CD 0.25% 0.75% →
2-Year CD 0.45% 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Plumas Bank is an FDIC insured institution located in Quincy, CA. It was founded in 1980 and has approximately $1.27 billion in assets. Customers can open an account at one of its 13 branches.

FDIC Insured Yes
FDIC Certificate # 23275
Date Established 1980
Assets $ 1,266.67 million
Loans $ 725.15 million
Deposits $ 1,132.61 million
Capital $ 115.38 million
 

For a more detailed analysis of Plumas Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 19, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.08% $2,500 $4,999 Learn More
Money Market
0.03% $2,500 $2,999 Learn More
Money Market
0.03% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.20% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.20% $10,000 $14,999 Learn More
18 Mo CD
0.25% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.45% $100,000 $199,999 Learn More
30 Mo CD
0.35% $10,000 $14,999 Learn More
30 Mo CD
0.45% $100,000 $199,999 Learn More
36 Mo CD
0.55% $10,000 $14,999 Learn More
36 Mo CD
0.65% $100,000 $199,999 Learn More
48 Mo CD
0.65% $10,000 $14,999 Learn More
48 Mo CD
0.75% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - October 19, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Plumas Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Better.com
NMLS ID: 330511
3.152% 3.125%
0.38 points
$875 fees
$1,071 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Plumas Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Plumas Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Plumas Bank Locations



Climate Initiatives

Plumas Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Plumas Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Plumas Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Plumas Bank U.S. Bank Average
5.85% 4.78%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2021, Plumas Bank had $6,817,000 in non-current loans and $524,000 in owned real estate. To cover these potential losses it had $115,376,000 in equity and $10,128,000 in loans loss reserves. That gives it a Texas Ratio of 5.85%.

Return on Equity
Plumas Bank U.S. Bank Average
16.47% 11.29%

Plumas Bank has a Return on Equity of 16.47% versus the BestCashCow average of 11.29%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Plumas Bank U.S. Bank Average
9.11% 11.72%

Plumas Bank has a Capitalization of 9.11% versus the BestCashCow average of 11.72. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Plumas Bank Balance Sheet Analysis

As of June 30, 2021, Plumas Bank had assets of $1,266,672,000, loans of $725,148,000, and deposits of $1,132,612,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2021
ASSETS
Cash & Balances due from depository institutions $ 244.46 million
Interest-bearing balances $ 200.09 million
Total securities $ 248.82 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 725.15 million
Loan loss allowance $ 10.13 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.52 million
Goodwill and other intangibles $ 2.38 million
All other assets $ 30.67 million
     Total Assets $ 1,151.30 million
LIABILITIES
Total deposits $ 1,132.61 million
      Interest-bearing deposits $ 530.07 million
      Deposits held in domestic offices $ 1,132.61 million
      % insured (estimated) 75.09%
Federal funds purchased and repurchase agreements $ 10.09 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 8.60 million
      Total Liabilities $ 1,151.30 million
      Shareholders’ Equity $ 115.38 million

Summary Income Statement

June 30, 2021
INCOME AND EXPENSES
Total Interest Income $ 21.05 million
Total Interest Expense $ 0.34 million
Net interest income $ 20.71 million
Provision for loan and lease losses $ 0.63 million
Total non interest income $ 4.08 million
Total non interest expense $ 11.41 million
Pre-tax Net Operating Income $ 12.76 million

Bank Loan Profile?

The top three loan types in Plumas Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in California, Plumas Bank has a significantly higher percent of Consumer Auto Loans, Farm Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 6.15
Multifamily
Mortgages
8.02
Credit Card Loans 0.00
Consumer Auto Loans 12.97
Small Business Loans 13.98
Construction and Development Loans 4.05
Commercial Real Estate 41.64
Commercial and Industrial Loans 18.53
Farm Loans 3.00

Frequently Asked Questions About Plumas Bank

Branches and Savings

Is Plumas Bank FDIC insured?

Yes. It is covered under FDIC Certificate #23275.

Why does Plumas Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Plumas Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Plumas Bank a commercial bank?

Yes

Where are Plumas Bank locations?

See branch locations nearby.

Is Plumas Bank open on Saturdays?

Is Plumas Bank open on Sundays?

What time does Plumas Bank open?

What time does Plumas Bank close?

Are Plumas Bank ATMs Open 24/7?

Do Plumas Bank ATMs accept cash deposits?

Can Plumas Bank customers use other ATMs?

Do Plumas Bank branches have notaries?

Will Plumas Bank notarize my document?

What address for Plumas Bank should I put for incoming ACH transfers?

Will the Plumas Bank branch print checks?

Do Plumas Bank checks expire?

Does Plumas Bank require US citizenship to open account?

Can Plumas Bank close my account?

Does Plumas Bank Report to credit bureaus?

Does Plumas Bank Use Equifax?

What is Plumas Bank's ACH Routing Number?

What is Plumas Bank's SWIFT code?

Products

Does Plumas Bank offer mortgages?

Compare mortgage rates here.

Does Plumas Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Plumas Bank offer personal loans?

Compare personal loan rates here.

Does Plumas Bank offer student loans?

Will Plumas Bank cash a check?

Will Plumas Bank redeem a savings bond?

Does Plumas Bank cash savings bonds?

Will Plumas Bank cash money orders?

Can Plumas Bank issue a money order?

Does Plumas Bank do currency exchange?

Background on The Bank

Who owns Plumas Bank?

How long has Plumas Bank been around?

Can Plumas Bank transfer to other banks?

Does Plumas Bank have quick pay?

Does Plumas Bank accept rolled coins?

Will Plumas Bank accept loose change?

Where is Plumas Bank headquarters?

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