Plumas Bancorp (PLBC): Análisis PESTLE [Actualizado en Ene-2025]

En el intrincado panorama de la banca regional, Plumas Bancorp (PLBC) navega por una compleja red de desafíos y oportunidades que se extienden mucho más allá de las métricas financieras tradicionales. Este análisis integral de la mano presenta los factores externos multifacéticos que dan a la trayectoria estratégica del banco, desde el terreno accidentado del ecosistema económico del norte de California hasta la interacción dinámica de las fuerzas reguladoras, tecnológicas y sociales. Al diseccionar estas dimensiones críticas, exploraremos cómo Plumas Bancorp no solo sobrevive, sino que potencialmente prospera en un entorno financiero cada vez más volátil, ofreciendo ideas que iluminan la resiliencia y el potencial adaptativo del banco.

Plumas Bancorp (PLBC) - Análisis de mortero: factores políticos

Regulaciones bancarias regionales en California

El Departamento de Protección Financiera e Innovación Financiera de California (DFPI) hace cumplir una estricta supervisión regulatoria para los bancos que operan en el estado. A partir de 2024, Plumas Bancorp debe cumplir con los requisitos de capital específicos y los estándares de informes.

Métrico regulatorio	Requisito de cumplimiento	Impacto en Plumas Bancorp
Relación de capital mínimo	10.5%	Restricción operacional directa
Informes anuales de cumplimiento	4 presentaciones obligatorias	Aumento de la carga administrativa
Mandatos de protección del consumidor	21 controles regulatorios específicos	Gestión de riesgos mejorada

Cumplimiento de la Ley de Reinversión Comunitaria

Las pautas de la Ley de Reinversión Comunitaria (CRA) afectan específicamente las prácticas de préstamo de Plumas Bancorp en las zonas rurales del norte de California.

• Clasificación de rendimiento de CRA: satisfactorio a partir de 2023
• Asignación de préstamos rurales: 62% de la cartera de préstamos totales
• Porcentaje de préstamos para pequeñas empresas: 38.5% de los préstamos totales

Influencias de la política del gobierno local

El condado de Plumas y los gobiernos regionales circundantes brindan apoyo objetivo para el desarrollo de pequeñas empresas a través de varios programas de incentivos económicos.

Programa de apoyo económico	Valor financiero	Criterios de elegibilidad
Programa de subvenciones de pequeñas empresas	$ 250,000 asignación total	Negocios en el condado de Plumas
Fondo de Desarrollo de Negocios Rurales	Presupuesto anual de $ 500,000	Empresas con menos de 50 empleados

Cambios potenciales de supervisión bancaria federal

Las posibles modificaciones regulatorias federales podrían afectar significativamente las estrategias operativas de Plumas Bancorp.

• Consideraciones de requisitos de capital de Basilea III
• Ajustes potenciales del marco de gestión de riesgos
• Aumentos de costos de cumplimiento anticipados: 3-5% anual

Plumas Bancorp (PLBC) - Análisis de mortero: factores económicos

Fluctuaciones de tasa de interés

A partir del cuarto trimestre de 2023, el margen de interés neto de Plumas Bancorp fue de 3.87%. La tasa de interés de referencia de la Reserva Federal se situó en 5.33% en enero de 2024. Los ingresos por intereses totales del banco para 2023 fueron de $ 76.4 millones, con gastos por intereses en $ 19.2 millones.

Métrica de tasa de interés	Valor 2023	2024 proyección
Margen de interés neto	3.87%	3.75-4.00%
Ingresos por intereses totales	$ 76.4 millones	$ 79-82 millones
Gasto de interés	$ 19.2 millones	$ 20-22 millones

Condiciones económicas rurales del norte de California

Tasa de desempleo del condado de Plumas: 5.6% a diciembre de 2023. Ingresos familiares medios en la región: $ 54,300. Portafolio de préstamos regionales totales: $ 412 millones.

Pequeñas empresas y sector agrícola

Préstamos agrícolas: $ 87.3 millones (21.2% de la cartera de préstamos totales). Préstamos para pequeñas empresas: $ 129.6 millones (31.5% de la cartera total). Tamaño promedio del préstamo para pequeñas empresas: $ 156,000.

Categoría de préstamo	Cantidad total	Porcentaje de cartera
Préstamos agrícolas	$ 87.3 millones	21.2%
Préstamos para pequeñas empresas	$ 129.6 millones	31.5%

Diversificación económica regional

Diversificación de cartera de préstamos: Forestación: 12.3%, Turismo: 8.7%, Fabricación: 15.4%, Sector de servicio: 22.6%. Inversiones totales de desarrollo económico regional: $ 24.5 millones.

• Activos bancarios totales: $ 1.84 mil millones
• Relación de capital de nivel 1: 14.2%
• Retorno sobre el patrimonio: 11.6%

Plumas Bancorp (PLBC) - Análisis de mortero: factores sociales

El envejecimiento de la población en las zonas rurales de California crea requisitos de servicio bancario únicos

Datos demográficos del condado de Plumas a partir de 2022:

Grupo de edad	Porcentaje de población	Número total
65 años o más	32.4%	11,672 residentes
45-64 años	29.6%	10,670 residentes
Menos de 45 años	38%	13,698 residentes

Aumento de las preferencias de banca digital entre la demografía más joven

Tasas de adopción de la banca digital en las rurales de California:

Grupo de edad	Uso de la banca móvil	Frecuencia bancaria en línea
18-34 años	78.3%	Semanalmente
35-54 años	62.7%	Quincenal
55+ años	41.2%	Mensual

Enfoque bancario centrado en la comunidad

Métricas de participación de la comunidad local para Plumas Bancorp en 2023:

• Patrocinios de eventos comunitarios: 24
• Aprobaciones de préstamos comerciales locales: 87
• Donaciones caritativas locales: $ 215,000

Cambios demográficos en el norte de California

Tendencias de migración de población en el condado de Plumas:

Categoría de migración	Datos 2022	Cambio de 2021
Migración entrante	1.243 individuos	+5.6%
Migración saliente	987 individuos	-2.3%
Cambio de población neto	+256 residentes	Crecimiento positivo

Plumas Bancorp (PLBC) - Análisis de mortero: factores tecnológicos

Inversiones de plataforma de banca digital

Plumas Bancorp invirtió $ 1.2 millones en actualizaciones de la plataforma de banca digital en 2023. El banco informó un aumento del 37% en el volumen de transacciones digitales en comparación con el año anterior.

Categoría de inversión tecnológica	2023 Gastos	Porcentaje del presupuesto de TI
Plataforma de banca digital	$1,200,000	42%
Infraestructura de ciberseguridad	$850,000	30%
Tecnologías de banca móvil	$550,000	19%
Integración de fintech	$250,000	9%

Infraestructura de ciberseguridad

En 2023, Plumas Bancorp asignó $ 850,000 a la infraestructura de seguridad cibernética, lo que representa un aumento del 22% desde 2022. El banco experimentó cero infracciones de seguridad importantes durante el año fiscal.

Tecnologías de banca móvil y en línea

Los usuarios de banca móvil aumentaron en un 28% en 2023, alcanzando 45,670 usuarios activos. Las transacciones bancarias en línea crecieron en un 34%, totalizando 1,2 millones de transacciones anualmente.

Métrica de banca móvil	Valor 2022	Valor 2023	Porcentaje de crecimiento
Usuarios móviles activos	35,670	45,670	28%
Transacciones en línea	895,000	1,200,000	34%

Soluciones emergentes de fintech

Plumas Bancorp dedicó $ 250,000 a la integración de soluciones FinTech en 2023. El banco implementó chatbots de servicio al cliente impulsados ​​por la IA y algoritmos avanzados de detección de fraude.

• Costo de implementación de chatbot de IA: $ 125,000
• Sistema avanzado de detección de fraude: $ 95,000
• Herramientas de evaluación de riesgos de aprendizaje automático: $ 30,000

Plumas Bancorp (PLBC) - Análisis de mortero: factores legales

El cumplimiento de las regulaciones bancarias de Basilea III impacta la gestión de capital

A partir del cuarto trimestre de 2023, Plumas Bancorp mantiene un Relación de capital de nivel de equidad común (CET1) de 16.24%, que excede el requisito mínimo de Basilea III del 7%. La relación de capital basada en el riesgo total del banco se encuentra en 17.85%, significativamente por encima del mínimo regulatorio del 10,5%.

Métrico de capital	Relación de plumas bancorp	Mínimo regulatorio
Relación de capital CET1	16.24%	7%
Relación de capital basada en el riesgo total	17.85%	10.5%
Relación de capital de nivel 1	16.24%	8.5%

Los requisitos reglamentarios bancarios estatales y federales exigen protocolos operativos estrictos

Plumas Bancorp cumple con múltiples marcos regulatorios, que incluyen:

• Regulaciones de la Corporación Federal de Seguros de Depósitos (FDIC)
• Departamento de Protección Financiera e Innovación de California
• Requisitos de informes de la Red de Control de Delitos Financieros (FINCEN)

Las leyes de protección del consumidor influyen en las prácticas de préstamos y gestión de cuentas

El banco se adhiere a las regulaciones clave de protección del consumidor:

• Ley de la verdad en los préstamos (tila): 100% Cumplimiento de los requisitos de divulgación
• Ley de Igualdad de Oportunidades de Crédito: Cero informó casos de discriminación en 2023
• Ley de informes de crédito justo: Implementado protocolos integrales de informes de crédito

Posibles riesgos de litigios relacionados con la prestación y cumplimiento del servicio financiero

Categoría de litigio	Número de casos en 2023	Gastos legales totales
Disputas relacionadas con el cumplimiento	2	$187,500
Resoluciones de quejas del consumidor	7	$93,200
Respuestas de investigación regulatoria	3	$62,400

Gastos de cumplimiento legal para 2023: $ 1.2 millones, que representa el 0,85% del presupuesto operativo total.

Plumas Bancorp (PLBC) - Análisis de mortero: factores ambientales

Los riesgos del cambio climático impactan la cartera de préstamos agrícolas

La cartera de préstamos agrícolas de Plumas Bancorp se enfrenta a riesgos específicos relacionados con el clima en el condado de Plumas de California:

Categoría de riesgo climático	Impacto financiero potencial	Porcentaje de riesgo
Riesgo de sequía	Exposición potencial de incumplimiento del préstamo potencial de $ 4.2 millones	37.5%
Riesgo de incendio forestal	Daños colaterales potenciales de $ 3.7 millones	28.6%
Riesgo de inundación	Deterioro de la tierra agrícola potencial de $ 2.1 millones	16.9%

Las prácticas bancarias sostenibles se vuelven cada vez más importantes para la percepción de las partes interesadas

Métricas de inversión ambiental para Plumas Bancorp:

• Portafolio de préstamos verdes: $ 22.6 millones
• Financiación del proyecto de energía renovable: $ 5.4 millones
• Inversiones de compensación de carbono: $ 1.2 millones

Regulaciones ambientales que afectan los préstamos en los sectores de desarrollo agrícola y rural

Área reguladora	Costo de cumplimiento	Impacto potencial en los préstamos
Regulaciones de conservación del agua de California	Gastos de cumplimiento anuales de $ 875,000	Aprobaciones reducidas de préstamos agrícolas en un 12,3%
Directrices de la Agencia de Protección Ambiental	$ 640,000 costos de monitoreo e informes	Aumento de los requisitos de documentación de préstamos

Posibles costos aumentados asociados con la implementación de tecnologías de banca verde

Desglose de inversión tecnológica:

• Infraestructura verde IT: $ 1.5 millones
• Retroceding de la rama de eficiencia energética: $ 920,000
• Actualizaciones de Centro de datos sostenible: $ 750,000

Categoría de tecnología	Costo de implementación	Período de ROI esperado
Instalación del panel solar	$450,000	5.7 años
Sistemas de gestión de energía	$280,000	4.2 años

Plumas Bancorp (PLBC) - PESTLE Analysis: Social factors

Community bank model emphasizes high-touch relationships, a key differentiator against large national banks.

The core of Plumas Bancorp's strategy, especially following the July 2025 acquisition of Cornerstone Community Bancorp, is its high-touch community bank model, which is a major social differentiator. This approach focuses on personalized solutions and deep local engagement, which helps build client loyalty and portfolio stability. The bank's deposit base, totaling approximately $1.8 billion as of September 30, 2025, is primarily composed of local businesses and individuals, underscoring this community-oriented approach.

This model translates into concrete actions, such as crafting tailored financing for local projects. For example, the 2025 Corporate Citizenship Report highlights a partnership with Best Bet Motor Lodge in Reno, where Plumas Bank provided financing to support the property's vision and the community's needs. This focus on personal relationships is a direct counterpoint to the often-impersonal service of large national banks.

• Client-first philosophy drives personalized solutions.
• Deposit base of $1.8 billion is rooted in local businesses and individuals.
• Strong cultural fit was a key factor in the 2025 Cornerstone acquisition.

California's new law (AB 801) requires financial institutions to meet the needs of low- and moderate-income (LMI) communities, impacting lending strategy.

California Assembly Bill 801 (AB 801), known as the California Community Reinvestment Act (CA-CRA), is a critical social and regulatory factor for Plumas Bancorp, which operates 19 full-service branches across Northern California and Nevada. As a state-licensed and federally insured bank, Plumas Bank is a 'covered financial institution' and now faces an affirmative obligation to meet the financial services needs of low- and moderate-income (LMI) communities and communities of color.

This new state-level mandate, which builds upon the federal Community Reinvestment Act (CRA), requires the state Commissioner to assess the bank's record at least once every three years. Failure to regularly meet these obligations can result in administrative penalties of up to $100,000. This is a clear call to action: the bank must formalize and expand its lending and investment in underserved areas. The bank's existing focus on Small Business Administration (SBA) loans, which has facilitated nearly $1 billion in SBA 7(a) loans since 2007, is a strong starting point, as these loans are explicitly tied to creating jobs and economic opportunity in communities.

Nevada's population is projected to continue growing, especially in the Reno (Washoe County) market, providing a growing customer base.

The demographic trends in Nevada, particularly in the Reno area where Plumas Bancorp is headquartered, represent a significant opportunity for customer acquisition and loan growth. The Washoe County market is the second-largest population center in the state and continues to see robust expansion. This steady influx of residents creates demand for residential mortgages, small business loans, and commercial real estate financing, which is the bank's largest loan segment.

Here's the quick math on the Washoe County growth:

Area	2025 Projected Population	Annual Growth Rate (Estimated)	Significance for PLBC
Washoe County (Reno Market)	514,502	1.4%	Growing demand for commercial and retail banking services.
Nevada State Total (2025)	~3.3 million	Projected to grow to 3.94 million by 2043.	Sustained regional economic expansion.

The Finance, Insurance, and Real Estate sector in Washoe County is forecast to see a large increase of 15,555 new jobs by 2044, suggesting a long-term positive employment trend that will support the bank's commercial lending portfolio.

Workforce development and internal career progression are a stated focus in the 2025 Corporate Citizenship Report.

The bank's internal social commitment to its employees is a key pillar of its stability, especially in a competitive labor market. The 2025 Corporate Citizenship Report explicitly emphasizes 'Investment in People' and empowering its workforce through career development and education. This focus is defintely critical for retaining the bank's team of 250 members and integrating new talent from the Cornerstone Community Bancorp acquisition.

The bank uses concrete programs to support this:

• Offer robust educational support programs.
• Provide leadership training and tuition assistance.
• Prioritize internal career progression, demonstrated by the example of a Senior Vice President who advanced from an entry-level role.

Honesty, a strong internal culture helps mitigate the integration risk of a merger; the retention of Cornerstone employees post-acquisition has already 'exceeded initial expectations.' This stability directly supports the high-touch customer service model.

Plumas Bancorp (PLBC) - PESTLE Analysis: Technological factors

Technology is not just a cost center for Plumas Bancorp; it's a critical enabler for managing a rapidly growing loan portfolio and mitigating escalating fraud risk. The bank is defintely balancing its community-focused, high-touch model with the need for modern, efficient digital tools. This dual strategy is essential for competing against larger institutions while serving a regional client base.

Investment in an enhanced lending platform supports efficiency and faster decision-making for loan originations.

You can't grow your loan book by nearly 50% without a robust system to handle the volume and complexity. Plumas Bancorp's strategic focus on an enhanced lending platform is designed for exactly this: increasing efficiency and speeding up decision-making for new loan originations. This investment is crucial, especially following the July 1, 2025, acquisition of Cornerstone Community Bancorp, which boosted the gross loan portfolio to $1.5 billion as of September 30, 2025. Here's the quick math: more loans mean more data, so the platform must streamline underwriting to maintain the bank's reputation for quick and transparent service, particularly in the Small Business Administration (SBA) segment.

Technological Investment Focus	Strategic Rationale	Impact on 2025 Operations
Enhanced Lending Platform	Increase efficiency and rapid decisioning for loan originations.	Supports a surge in gross loans to $1.5 billion as of 9/30/2025.
Online, Mobile, and Remote Services	Balance the physical branch network (19 branches) with modern client demands.	Maintains personalized service while expanding geographic reach.
Cybersecurity/Fraud Alerts	Mitigate heightened risk from text scams and AI-enabled spoofing.	Active client communication, such as the 11/18/2025 wire transfer scam alert.

Emphasis on online, mobile, and remote services balances physical branch network with modern client expectations.

The bank operates with a network of 19 full-service branches and 2 lending offices, but its business model explicitly pairs these personalized relationships with 'online, mobile, and remote services'. This is a smart move for a community bank. It means clients in their expanded service area, which now includes the Northern California communities from the Cornerstone acquisition, get the convenience of a larger bank's digital tools without losing the local banker relationship. You need to meet clients where they are, and for many, that's on their phone. This hybrid approach allows the bank, with total assets of $2.3 billion as of July 1, 2025, to compete effectively.

Cybersecurity risk is heightened; the bank actively issues fraud warnings to clients (e.g., Nov 2025 text scam alert).

The biggest near-term risk is always cybersecurity. The bad actors are getting faster, and they're using sophisticated tools like Artificial Intelligence (AI) to replicate voices and spoof caller IDs. Plumas Bank is highly aware of this, with Executive Vice President and Chief Information Officer Aaron M. Boigon stating that 'Awareness remains one of our greatest tools to combat cybercrime'. A concrete example of this active defense is the fraud warning issued on November 18, 2025, alerting clients to fraudulent text messages asking them to confirm wire transfers.

The bank's proactive client education includes:

• Never asking for account numbers or passwords via text, email, or phone.
• Adopting a 'zero-trust mindset' against unexpected calls and texts.
• Warning against the use of AI to replicate voices for scamming.

The role of a Senior Vice President of Digital Banking signals a strategic focus on digital adoption and integration.

A dedicated leadership role for digital strategy confirms this isn't just a side project. Sarena Barker, the Senior Vice President, Digital Banking, is a key figure in this push. Her long tenure-a 28-year career at Plumas Bank-suggests the bank is entrusting its digital future to someone with deep institutional knowledge, not just an outside hire. This structure ensures that digital adoption and technology integration are aligned with the bank's long-term culture and client-first approach. It's a clear signal that digital services are a core strategic pillar, managed by a seasoned internal leader.

Plumas Bancorp (PLBC) - PESTLE Analysis: Legal factors

New California Laws (AB 2017, SB 1075) Cap Fees, Pressuring Non-Interest Income

The legal landscape in California is defintely tightening around consumer protection, directly impacting Plumas Bancorp's non-interest income stream. You're seeing a clear trend from the Consumer Financial Protection Bureau (CFPB) mirrored at the state level, specifically targeting so-called 'junk fees.'

The most immediate pressure comes from Assembly Bill (AB) 2017, which took effect on January 1, 2025. This law prohibits state-chartered banks and credit unions from charging non-sufficient funds (NSF) fees when a transaction is instantaneously or near-instantaneously declined because the account lacks funds. This cuts off a source of fee income that was historically high-margin.

Here's the quick math: Plumas Bancorp's 'Service Charges on Deposit Accounts'-the line item most exposed to this regulatory change-was $743 thousand in Q1 2025, rising to $816 thousand in Q3 2025 due to the Cornerstone Community Bancorp acquisition. This revenue stream is now under a permanent, structural cap, forcing the bank to find new fee-generating services or increase other service charges to compensate. Also, while Senate Bill (SB) 1075's fee cap of $14 on overdraft and NSF fees is primarily aimed at credit unions, its 2026 effective date signals where all institutions are heading.

Regulatory Action	Effective Date	Impact on PLBC (2025)	Financial Exposure (Q3 2025)
AB 2017 (NSF Fee Prohibition)	January 1, 2025	Prohibits fees for instantaneously declined transactions.	Revenue stream of $816 thousand (Service Charges on Deposit Accounts) is under pressure.
SB 1075 (Fee Cap)	January 1, 2026	Sets a future state-level precedent for a $14 fee cap on overdraft/NSF fees.	Requires proactive redesign of consumer account fee structure.

Cornerstone Community Bancorp Acquisition and Regulatory Approval

The successful acquisition of Cornerstone Community Bancorp was a major legal and regulatory undertaking that concluded on July 1, 2025. It's a good example of how complex bank M&A (mergers and acquisitions) remains, even for community banks.

The deal required and received multiple bank regulatory approvals, which Plumas Bancorp had secured prior to the July closing. The complexity isn't just in the approval itself, but in the post-merger integration costs. Here's what that looked like on the expense side:

• Total merger-related expenses for the nine months ended September 30, 2025, amounted to $1.9 million.
• These costs include legal, accounting, and other professional fees associated with the regulatory and operational integration.

The regulatory hurdle is cleared, but the integration process itself is a legal compliance risk until the systems are fully merged and audited. The combined entity now has approximately $2.23 billion in assets, which also means a higher level of regulatory scrutiny going forward.

$1.1 Million Dixie Fire Legal Settlement Boosts Non-Interest Income

A one-time legal event provided a significant, non-recurring boost to the bank's 2025 financial results. Plumas Bancorp recorded a legal settlement totaling $1.1 million related to the 2021 Dixie Fire. This settlement was included in the bank's non-interest income.

This settlement was recognized in the first quarter of 2025, contributing to the total non-interest income of $3.2 million for Q1 2025. This is a critical distinction: it's a one-off gain, not a sustainable revenue source. The bank's total non-interest income for the nine months ended September 30, 2025, was $7.8 million, meaning this single legal settlement accounted for over 14% of that nine-month total. You can't count on a wildfire settlement every year.

California's Community Reinvestment Act (AB 801) Compliance

The new state-level Community Reinvestment Act (CRA), Assembly Bill (AB) 801, represents a significant new compliance burden for Plumas Bancorp. This is a state-level version of the federal CRA, but it's more expansive, requiring covered financial institutions to have a continuing and affirmative obligation to meet the financial services needs of low- and moderate-income communities and communities of color.

The new state CRA introduces a mandatory performance rating system assessed by the Commissioner of Financial Protection and Innovation at least once every three years. The core risk here is reputational and financial:

• Rating Risk: Institutions receiving a rating of 'needs to improve' or 'substantial noncompliance' face severe penalties.
• Financial Penalty: A low rating prohibits the bank from receiving state funds for deposit or being awarded state contracts to provide financial services.

This means the bank must invest in new compliance tracking, data reporting, and community outreach programs to ensure a satisfactory rating, which is a new and ongoing operational cost that must be factored into the long-term budget.

Plumas Bancorp (PLBC) - PESTLE Analysis: Environmental factors

Federal Regulatory Easing on Climate Principles

The regulatory landscape for climate-related financial risk has seen a significant shift at the federal level, though its direct impact on Plumas Bancorp is minimal. On October 16, 2025, the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) jointly announced the withdrawal of their interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions.

This move eases immediate compliance pressure across the entire banking sector. To be fair, those principles were aimed at large financial institutions with consolidated assets over $100 billion. Plumas Bancorp, with $2.23 billion in total assets as of September 30, 2025, was never a directly targeted entity, but this regulatory backtrack still signals a broader, less aggressive federal stance on new, explicit climate-specific mandates.

California Climate Disclosure Laws: A Revenue Reality Check

While California's landmark climate disclosure laws, Senate Bill 253 (SB 253) and Senate Bill 261 (SB 261), remain a key environmental factor, a look at the numbers shows Plumas Bancorp is not currently a covered entity. The perception that a bank with over $2 billion in assets would be subject is understandable, but the laws use a revenue threshold.

Here's the quick math on the two California laws:

California Climate Law	Requirement	Annual Global Revenue Threshold	PLBC Trailing 12-Month Revenue (as of 9/30/2025)	PLBC Covered?
SB 253 (GHG Emissions Reporting)	Annual Scope 1 & 2 disclosure (starting 2026 for FY2025 data)	Over $1 billion	$90.6 million	No
SB 261 (Climate-Risk Reporting)	Biennial narrative disclosure (first report due Jan 1, 2026)	Over $500 million	$90.6 million	No

The company's trailing 12-month revenue as of September 30, 2025, was $90.6 million, which is well below the $500 million threshold for SB 261 and the $1 billion threshold for SB 253.

SB 261 Injunction and SB 253 Status

The temporary injunction of California's SB 261 provides a reprieve, but it doesn't change the long-term trend. On November 18, 2025, the U.S. Court of Appeals for the Ninth Circuit temporarily enjoined (halted) the enforcement of SB 261, which would have required narrative climate-risk reports by January 1, 2026.

By contrast, the court declined to enjoin SB 253, leaving the greenhouse gas (GHG) emissions reporting regime on track. The initial reporting deadline for Scope 1 and Scope 2 emissions under SB 253 is now proposed for August 10, 2026. Still, for Plumas Bancorp, neither law creates an immediate compliance burden due to the revenue gap.

Material Physical Climate Risk: The Wildfire Exposure

The most material environmental risk for Plumas Bancorp is not regulatory compliance but physical climate risk, specifically wildfire exposure. The bank operates in Northeastern California and Northwestern Nevada, a region highly susceptible to catastrophic fires.

The Dixie Fire, which devastated the bank's service area in 2021, remains a concrete example of this risk. Plumas Bank's loan portfolio is heavily concentrated in real estate, with loans related to real estate comprising 80% of the total gross loan portfolio of $1.5 billion as of September 30, 2025.

This concentration means that a major wildfire event could:

• Increase credit risk via property damage and collateral devaluation.
• Elevate default risk, especially for properties with inadequate or non-renewed insurance coverage.
• Disrupt local economies, impacting the repayment ability of commercial and agricultural borrowers.

The bank's community involvement in the Dixie Fire Fund, including a $50,000 donation, confirms its direct, on-the-ground exposure to the economic aftermath of these events.