8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 21, 2004

PLUMAS BANCORP

(Exact Name of Registrant as Specified in its Charter)

California	000-49883	75-2987076
(State or Other Jurisdiction of Incorporation)	Commission File Number	(I.R.S. Employer Identification No.)

35 S. Lindan Avenue, Quincy, California	95971
(Address of Principal Executive Offices)	(Zip Code)

(Registrant’s Telephone Number, Including Area Code) (530) 283-7305

(Former name or former address, if changed since last report N/A

TABLE OF CONTENTS

	Item 5. Other Events
	Item 7. Financial Statements and Exhibits
SIGNATURES
EXHIBITS
EXHIBIT 99.1

Item 5. Other Events

(a) PRESS RELEASES. On July 21, 2004, Plumas Bancorp issued a press release containing unaudited financial information. A copy of the press release is attached to this Current Report as Exhibit 99.1 and is incorporated into this report by reference.

Item 7. Financial Statements and Exhibits

(b) Exhibits

Exhibit 99.1. Press Release dated July 21, 2004 containing unaudited financial information.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Plumas Bancorp has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	PLUMAS BANCORP
Date: July 21, 2004	By:	/s/ William E. Elliott
		William E. Elliott
		Chief Executive Officer

EXHIBITS

99.1. Press Release dated July 21, 2004 containing unaudited financial information.

EX-99.1

                                                                    EXHIBIT 99.1

                    PLUMAS BANCORP REPORTS INCREASED EARNINGS

QUINCY, California, July 21, 2004 - Plumas Bancorp (OTC Bulletin Board: PLBC), a
bank holding company and parent of Plumas Bank, today announced that quarterly
earnings were $850,000 for the second quarter of 2004, an increase of 6.3% over
the same period in 2003. Assets as of June 30, 2004 topped $404 million, up $78
million, or 24% from the $326 million at the end of June, 2003.

Year-to-date net income reached $1,576,000, an increase of 4.0% over the
$1,516,000 figure for the first six months of 2003. Shareholders' equity as of
June 30, 2004 was $25,492,000, up $818,000, or 3.3%, from $24,674,000 at the end
of the second quarter of 2003. Basic earnings per share for the second quarter
of 2004 was $.26 as compared to $.25 for the same quarter of 2003, while diluted
earnings per share for the same period was $.25 as compared to $.24 for the same
quarter of 2003. Earnings per share for the first six months of the year were
$.48 (basic) and $.47 (diluted) up from $.47 and $.46 respectively, over the
same period in 2003. Operating revenues (net interest income and non-interest
income) for second quarter 2004 were $5.4 million, up from $4.8 million for
second quarter 2003, an increase of 12.5%. Year-to-date operating revenues
reached $10.4 million, a 12.5% increase from the $9.3 million over the same
six-month period last year.

"Growth in non-interest income, largely the result of our new overdraft
privilege program and the sale of excess bank real estate, as well as the
expansion of our investment portfolio were important contributors to increased
company profitability this quarter," stated William E. Elliott, president and
chief executive officer of both Plumas Bancorp and Plumas Bank. "Due to recent
loan growth and the rising rate environment," he continued, "we expect earnings
to accelerate through the remainder of the year."

Total loans over the past year grew $15,676,000, or 7.4%, from $212,083,000 at
the end of the second quarter of 2003 to $227,759,000 currently.

Total deposits at the end of June 2004, were $369,629,000, an increase of 26.4%
over the $292,540,000 at the end of the second quarter last year. Both deposit
and asset growth were impacted by the acquisition of $45.5 million in deposits
in connection with the purchase of banking offices in late 2003.

Headquartered in Quincy, California since 1980, Plumas Bank, a subsidiary of
Plumas Bancorp, maintains twelve full-service community banking offices serving
the financial needs of local families and businesses in Plumas, Sierra, Lassen,
Modoc, Shasta, Nevada, and Placer Counties. The Bank provides traditional
deposit, lending, mortgage and commercial bank products and services to business
and retail customers between Lake Tahoe and the Oregon border. Plumas Bank also
specializes in providing banking services to the local agribusiness community as
well as certain stock brokerage and insurance services.

                                      ###

This news release includes forward-looking statements about Plumas Bancorp's
financial condition, results of operations, plans, objectives and future
performance. A number of factors, many of which are beyond the control of Plumas
Bancorp, could cause actual results to differ materially from those in the
forward-looking statements.