---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-010372"
form_type: "8-K"
ticker: "PLBC"
cik: "0001168455"
company_name: "PLUMAS BANCORP"
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T00:20:07.301729+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Plumas Bank sells two Quincy offices for $5.55M in sale-leaseback; expects $4.9M gain

## Summary
- Cash purchase price of $5,550,000 for two administrative offices in Quincy, CA; 50-day due diligence period until mid-May 2025.
- Concurrent 15-year triple-net lease back to Plumas Bank with three 5-year renewal options; initial annual rent ~$463k, escalating 3%/yr.
- Expected pre-tax gain of ~$4.9 million upon close; company evaluating sale of securities portfolio in loss position to partially offset gain.
- Buyer is Brookline Branch Services, LLC; closing targeted for Q2 2025 if due diligence is satisfied.

## SEC filing metadata
- accession: 0001437749-25-010372
- form_type: 8-K
- ticker: PLBC
- cik: 0001168455
- company_name: PLUMAS BANCORP
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1168455/000143774925010372/0001437749-25-010372-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1168455/000143774925010372/plbc20250328_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-010372
- JSON: https://secwatch.observer/filing/0001437749-25-010372.json
- Plain text: https://secwatch.observer/filing/0001437749-25-010372.txt

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