Recent Updates — PLBC

Plumas Bancorp announced that the Board of Directors appointed Kelsey Cassinelli to serve as Executive Vice President and Chief Financial Officer effective January 1, 2027. She succeeds Richard Belstock, who will retire from the CFO role on the same date but remain with the company as Special Assistant to the President in a reduced-capacity advisory role. Ms. Cassinelli currently serves as Senior Vice President and Principal Accounting Officer and brings prior experience from KPMG US LLP. Mr. Belstock has held the CFO position since 2011. Plumas Bancorp is the holding company for Plumas Bank, a full-service community bank serving customers in Northern California and Northern Nevada.

The Board of Directors declared a quarterly cash dividend of $0.33 per common share. The payment is scheduled for November 17, 2026, to shareholders of record as of the close of business on November 3, 2026. Plumas Bancorp operates in the banking industry.

Plumas Bancorp reported net income of $11.4 million, or $1.64 basic and $1.61 diluted per share, for the third quarter ended September 30, 2026. This represents a significant increase from $5.1 million, or $0.74 per share, in the prior-year period. Net interest income rose to $26.5 million from $25.2 million, while non-interest expense remained flat at $15.1 million. The provision for credit losses decreased sharply to $150 thousand from $5.4 million. For the nine months ended September 30, 2026, net income totaled $31.1 million, or $4.46 per share. Plumas Bancorp operates as a community bank holding company with subsidiaries providing financial services in California and Nevada.

Plumas Bancorp's Board of Directors declared a quarterly cash dividend of $0.33 per common share, which is payable on August 17, 2026, to shareholders of record as of the close of business on August 3, 2026. Plumas Bancorp is a financial services company providing banking services.