---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-038049"
form_type: "8-K"
ticker: "PLBC"
cik: "0001168455"
company_name: "PLUMAS BANCORP"
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:04:56.393290+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Plumas Bancorp approves 2025 cash incentive plan with ROA-based bonus pool

## Summary
- Officers' portion represents 90.9% of combined bonus pools; maximum total pool is 8.8% of pretax pre-bonus income.
- CEO can receive up to 12% of officers' pool; EVPs each up to 4.65%; payouts tied to ROA percentile vs. $1B-$3B bank peers.
- Incentives begin when Bank exceeds 50th percentile ROA; at 80.8th percentile total pool equals 5.5% of pretax pre-bonus income.
- CEO incentive based 50% on ROA percentile, 16.7% on performance goals, 16.6% on metrics (loan/deposit growth, asset quality), 16.7% on CEO evaluation.
- Board may terminate or modify the Plan; all payouts require Corporate Governance and Compensation Committee approval.

## SEC filing metadata
- accession: 0001437749-24-038049
- form_type: 8-K
- ticker: PLBC
- cik: 0001168455
- company_name: PLUMAS BANCORP
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1168455/000143774924038049/0001437749-24-038049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1168455/000143774924038049/plbc20241219c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-038049
- JSON: https://secwatch.observer/filing/0001437749-24-038049.json
- Plain text: https://secwatch.observer/filing/0001437749-24-038049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.