Plumas Bancorp completes $23.4M acquisition of Feather River Bancorp

PLUMAS BANCORP

Total consideration ~$23.4M: $4.735M cash + 598,129 Plumas shares; per share $19.14 cash or 0.6138 shares.
Feather River had $196M assets, $161M loans, $169M deposits (3/31/21); pro forma combined ~$1.4B assets.
Julie Morehead, Feather River's President/CEO, appointed to Plumas and Plumas Bank boards effective July 1, 2021.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Julie Morehead

Director

PLBC · PLUMAS BANCORP

Effective: 2021-07-01
Filed: July 1, 2021, 7:59 PM ET

On June 30, 2021, the Board of Directors of Plumas Bancorp (the “Company”) appointed Julie Morehead to serve as a director of the Company, effective July 1, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Julie Morehead was appointed as Director at PLUMAS BANCORP.

Action: appointed
Role: Director

Exact text from the filing

On June 30, 2021, the Board of Directors of Plumas Bancorp (the “Company”) appointed Julie Morehead to serve as a director of the Company, effective July 1, 2021.

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PLUMAS BANCORP filing history →

Source: SEC EDGAR

accession 0001437749-21-016196

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