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PLBC — Plumas Bancorp News Story

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Plumas Bancorp rises after posting higher Q4 profit

** Shares of community lender Plumas Bancorp PLBC.O rise 9.61% to $48.81

** PLBC on Wednesday posted a rise in Q4 profit, helped by stronger net interest income

** Q4 net interest income rose to $6.9 million, driven by loan portfolio growth

** Deposits increased by 32% to $1.8 billion during the quarter

** Reported Q4 net income of $1.58 per share vs $1.31 per share in the same period last year

** Three of three brokerages rate the stock "buy" or "strong buy"; their median PT is $52 - data compiled by LSEG

** Including session's move, PLBC up 4.5% in the last 12 months

 (Reporting by Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com))

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