secwatch.observer — SEC 8-K summary
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Issuer:     PLUMAS BANCORP (PLBC)
CIK:        0001168455
Form:       8-K
Filed at:   2025-06-03T23:59:59+00:00
Accession:  0001437749-25-019221
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1168455/000143774925019221/0001437749-25-019221-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1168455/000143774925019221/plbc20250531_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-019221

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer