Cornerstone shareholders approve merger into Plumas Bancorp; close expected early July 2025

PLUMAS BANCORP

Cornerstone shareholders approved the merger agreement; Plumas has obtained all required bank regulatory approvals.
Merger expected to close in early July 2025; Plumas shareholder approval not needed.
Combined company to have ~$2.3B in assets and 19 branches across 11 counties in Northern California and Nevada.
Cornerstone CEO Matthew Moseley will remain with Plumas following the acquisition.

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