{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-004269","form_type":"8-K","ticker":"PLBC","cik":"0001168455","company_name":"PLUMAS BANCORP","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.545003+00:00","generated_at":"2026-06-06T00:47:45.050204+00:00","sec_items":["2.03","8.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Plumas Bancorp completes $25.7M sale-leaseback of nine branches, records $19.8M pre-tax gain","bullets":["Sold nine branch properties to MountainSeed for $25.7M cash; pre-tax gain of $19.8M recognized.","Leased back properties under 15-year term with annual rent of ~$2.4M, increasing 2% per year.","Evaluating partial securities portfolio sale to offset gain; second sale-leaseback of three offices for $7.9M expected in March 2024.","Transaction intended to improve earnings profile and book value per share, according to CEO."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-004269","json":"https://secwatch.observer/filing/0001437749-24-004269.json","markdown":"https://secwatch.observer/filing/0001437749-24-004269.md","text":"https://secwatch.observer/filing/0001437749-24-004269.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1168455/000143774924004269/0001437749-24-004269-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1168455/000143774924004269/plbc20240213_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T00:47:45.050204+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6fb6dc9b7824711ab93bf7d08e252dcb353a582c","claim":"PLUMAS BANCORP incurred lease obligation of approximately $25.7 million with MountainSeed Real Estate Services maturing 15-year lease term.","evidence_excerpt":"MountainSeed Real Estate Services acquired nine properties operated as branches from Plumas Bank and leased each property back to the bank for a 15-year lease term.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1168455/000143774924004269/0001437749-24-004269-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"lease obligation"},{"label":"Principal","value":"approximately $25.7 million"},{"label":"Counterparty","value":"MountainSeed Real Estate Services"},{"label":"Maturity","value":"15-year lease term"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}