QUINCY, Calif., Dec. 18, 2014 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp (Nasdaq:PLBC), was ranked in the top ten percent of community banks in the nation on the CB Top Ten™ Performance Scorecard for 3rd quarter 2014.
CB Resource, Inc., an independent research firm, provides a quarterly comparative summary, by peer group, of the Top Ten Percent of community banks in the nation based upon eight key performance indicators in such areas as profitability, capital strength, and credit quality. Plumas Bank was ranked against all other commercial banks with assets ranging from $500 million to $1 billion.
"We are tremendously proud that Plumas Bank has been recognized as an industry leader and a top performance company. This exceptional achievement is attributable to our hard-working and talented staff, our loyal clients and our dedicated Board of Directors," remarked Andrew J. Ryback, Plumas Bank President and Chief Executive Officer. He added, "The values that we have held close for more than three decades: trustworthiness, commitment to excellence, sound judgment, and dedication to the success of our clients and communities, are what have earned us this distinction."
ABOUT PLUMAS BANK
Plumas Bank has eleven full-service offices, serving businesses and local families for 34 years in the counties of Shasta, Plumas, Lassen, Modoc, Nevada and Placer. With assets of over $500 million, Plumas Bank is known throughout Northeastern California for its personalized service, community orientation and focus on lending to small and growing businesses. To learn more, visit www.plumasbank.com.
The details of the report can be viewed at www.cb-resource.com. The financial data and information provided by CB Resource Inc. was compiled from public and other sources as reported to the federal regulators and is deemed to be reliable, although; the accuracy and completeness of the data cannot be guaranteed by CB Resource, Inc.