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Plumas Bancorp (Plumas Bancorp) Retained Earnings : $156.41 Mil (As of Mar. 2024)


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What is Plumas Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Plumas Bancorp's retained earnings for the quarter that ended in Mar. 2024 was $156.41 Mil.

Plumas Bancorp's quarterly retained earnings increased from Sep. 2023 ($145.69 Mil) to Dec. 2023 ($151.75 Mil) and increased from Dec. 2023 ($151.75 Mil) to Mar. 2024 ($156.41 Mil).

Plumas Bancorp's annual retained earnings increased from Dec. 2021 ($105.68 Mil) to Dec. 2022 ($128.39 Mil) and increased from Dec. 2022 ($128.39 Mil) to Dec. 2023 ($151.75 Mil).


Plumas Bancorp Retained Earnings Historical Data

The historical data trend for Plumas Bancorp's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Plumas Bancorp Retained Earnings Chart

Plumas Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.14 87.75 105.68 128.39 151.75

Plumas Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 134.00 139.19 145.69 151.75 156.41

Plumas Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Plumas Bancorp  (NAS:PLBC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Plumas Bancorp (Plumas Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
5525 Kietzke Lane, Suite 100, Reno, NV, USA, 89511
Plumas Bancorp is a bank holding company that provides various banking products and services in Northeastern California and Northwestern Nevada. It provides various deposit products such as checking, interest-bearing checking, business sweep, public funds sweep, savings, time deposit, and retirement accounts. The bank's loan portfolio consists of commercial real estate loans; commercial and industrial loans; consumer loans; agricultural loans; residential real estate loans, and construction and land development loans. The bank primarily generates revenue from loans and investment securities in its portfolio and, to a lesser extent, service fees.
Executives
Richard Francis Kenny director 5555 FLOWERING SAGE TRAIL, RENO NV 89511
Bj North officer: EVP, Retail Banking Manager 35 S. LINDAN AVENUE, QUINCY CA 95971
Michonne R. Ascuaga director 695 JUNIPER HILL ROAD, RENO NV 89519-2929
Heidi S Gansert director 4470 MOUNTAINGATE DRIVE, RENO NV 89519
Richard L Belstock officer: SVP, Interim CFO 35 S. LINDAN AVENUE, QUINCY CA 95971
Julie Ann Morehead director PO BOX 3745, YUBA CITY CA 95992
Steven M. Coldani director 1806 W. KETTLEMAN LANE SUITE J, LODI CA 95242
Jeffrey T. Moore officer: EVP and CCO 2293 BALD HILL ROAD, AUBURN CA 95603
William E Elliott director, officer: President & CEO C/O PLUMAS BANK, 35 S. LINDAN AVE, QUINCY CA 95971
Robert J Mcclintock director P.O. BOX 6179, 305 W. LAKE BLVD, TAHOE CITY CA 96145
Andrew J Ryback officer: SVP, Controller PLUMAS BANK, 35 S LINDAN AVE, QUINCY CA 95971
Aaron M. Boigon officer: EVP, Chief Information Officer 35 S. LINDAN AVE., QUINCY CA 95971
John Flournoy director P.O. BOX 96, LIKELY CA 96116-0096
Daniel E West director PO BOX 442, GRAEAGLE CA 96103
Cortopassi Family Trust 10 percent owner 11292 N ALPINE RD, STOCKTON CA 95212