Plumas Bancorp CFO Richard Belstock to retire Jan 1, 2027; Kelsey Cassinelli named successor

PLUMAS BANCORP

Belstock, CFO since 2011, steps down as EVP/CFO effective Jan 1, 2027 and becomes Special Assistant to the President at ~50% schedule and ~50% lower base salary.
Kelsey Cassinelli, 32, currently SVP and Principal Accounting Officer, becomes EVP, CFO and Principal Financial Officer of Plumas Bancorp and Plumas Bank on Jan 1, 2027.
Cassinelli's annual base salary set at $300,000; she is eligible for the annual incentive program and equity plans on the same basis as other executive officers.
Cassinelli joined Plumas in April 2026 after KPMG LLP (2016-2026), most recently senior audit manager since April 2024.
CEO Andy Ryback credited Belstock's financial leadership and said the bank is pleased he will remain in a continuing advisory role through the transition.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Richard Belstock

Executive Vice President and Chief Financial Officer

PLBC · PLUMAS BANCORP

Effective: 2027-01-01
Successor: Kelsey Cassinelli
Filed: October 22, 2026, 9:05 AM ET

On October 22, 2026, Plumas Bancorp (the "Company") announced that Richard Belstock, Executive Vice President and Chief Financial Officer of the Company and Plumas Bank (the "Bank"), will retire from the position of Chief Financial Officer effective January 1, 2027.

Appointed

Kelsey Cassinelli

Executive Vice President, Chief Financial Officer and Principal Financial Officer

PLBC · PLUMAS BANCORP

Effective: 2027-01-01
Filed: October 22, 2026, 9:05 AM ET

Also on October 22, 2026, the Board of Directors appointed Kelsey Cassinelli to serve as Executive Vice President, Chief Financial Officer and Principal Financial Officer of the Company and the Bank effective January 1, 2027.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard Belstock departed as Executive Vice President and Chief Financial Officer at PLUMAS BANCORP.

Action: retire from the position of Chief Financial Officer
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On October 22, 2026, Plumas Bancorp (the "Company") announced that Richard Belstock, Executive Vice President and Chief Financial Officer of the Company and Plumas Bank (the "Bank"), will retire from the position of Chief Financial Officer effective January 1, 2027.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kelsey Cassinelli was appointed as Executive Vice President, Chief Financial Officer and Principal Financial Officer at PLUMAS BANCORP.

Action: appointed
Role: Executive Vice President, Chief Financial Officer and Principal Financial Officer

Exact text from the filing

Also on October 22, 2026, the Board of Directors appointed Kelsey Cassinelli to serve as Executive Vice President, Chief Financial Officer and Principal Financial Officer of the Company and the Bank effective January 1, 2027.

View on SEC.gov

PLUMAS BANCORP filing history →

Source: SEC EDGAR

accession 0001437749-26-033190

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