PLBC FY 2013 Earnings Report — Plumas Bancorp Revenue & Financial Results | Market Cap Arena

Plumas BancorpPLBC

FY 2013 Earnings

Reported March 20, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$26M	—	$25M	—	5.1%
Op. Income	$6M	—	$3M	—	85.4%
Gross Margin	88.7%	—	85.4%	—	3.4pp
Net Margin	13.2%	—	7.9%	—	5.3pp
EPS (Diluted)	$0.75	—	$0.26	—	188.5%
Free Cash Flow	$10M	—	$5M	—	111.8%

Revenue Flow

Item	Amount
REVENUE	$26M
Cost of Revenue	$3M
GROSS PROFIT	$23M
R&D Expenses	$0
Selling & Marketing	$281.0K
General & Administrative	$10M
SG&A Expenses	$11M
Other Expenses	$7M
Operating Expenses	$18M
Cost & Expenses	$20M
OPERATING INCOME	$6M
Interest Income	$19M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$6M
Income Tax Expense	$2M
Net Income from Continuing Ops	$3M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$1M
EBIT	$6M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$26M
Cost of Revenue	$3M
GROSS PROFIT	$23M
R&D Expenses	$0
Selling & Marketing	$281.0K
General & Administrative	$10M
SG&A Expenses	$11M
Other Expenses	$7M
Operating Expenses	$18M
Cost & Expenses	$20M
OPERATING INCOME	$6M
Interest Income	$19M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$6M
Income Tax Expense	$2M
Net Income from Continuing Ops	$3M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4M
D&A	$1M
EBIT	$6M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$3M
Depreciation & Amortization	$1M
Stock-Based Compensation	$38.0K
Deferred Income Tax	$2M
Other Non-Cash Items	$5M
Change in Working Capital	-$778.0K
OPERATING CASH FLOW	$11M
Capital Expenditure	-$352.0K
Acquisitions (Net)	$0
Purchases of Investments	-$35M
Sales/Maturities of Investments	$22M
Other Investing Activities	-$29M
NET CASH FROM INVESTING	-$42M
Net Debt Issuance	$10M
Common Stock Repurchased	-$11M
Common Dividends Paid	$0
Other Financing Activities	$40M
NET CASH FROM FINANCING	$37M
FREE CASH FLOW	$10M
Net Change in Cash	$5M

Balance Sheet

Item	Amount
Cash & Equivalents	$50M
Short-Term Investments	$90M
Net Receivables	$11M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$151M
PP&E (Net)	$13M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$334M
Tax Assets	$0
Other Non-Current Assets	$18M
TOTAL NON-CURRENT ASSETS	$365M
TOTAL ASSETS	$516M
Account Payables	$6M
Short-Term Debt	$9M
Deferred Revenue	$0
Other Current Liabilities	$449M
TOTAL CURRENT LIABILITIES	$465M
Long-Term Debt	$21M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$21M
TOTAL LIABILITIES	$485M
Common Stock	$6M
Additional Paid-In Capital	$0
Retained Earnings	$26M
Treasury Stock	$0
Accum. Other Comp. Income	-$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$31M
Minority Interest	$0
TOTAL EQUITY	$31M
TOTAL LIABILITIES & EQUITY	$516M
Total Debt	$30M
Net Debt	-$20M