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PLUMAS BANCORP — fact timeline

Source-grounded facts extracted from PLUMAS BANCORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PLBC PLUMAS BANCORP JSON
Shareholder Votes

PLUMAS BANCORP shareholders approved Ratification of the Appointment of Independent Auditors at the 2026-05-20 meeting.

“Proposal #3: Ratification of the Appointment of Independent Auditors The stockholders of the Company ratified the appointment of Elliott Davis, LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes

PLUMAS BANCORP shareholders approved Non-Binding Advisory Vote on Executive Compensation at the 2026-05-20 meeting.

“Proposal #2: Non-Binding Advisory Vote on Executive Compensation On the proposal for the approval of non-binding advisory vote on executive compensation the voting results were as follows: For Against Abstain Broker Non-Votes 4,124,401 87,414 59,371 1,340,454”
Shareholder Votes

PLUMAS BANCORP shareholders approved Election of ten directors for the next year at the 2026-05-20 meeting.

“Proposal #1: Election of Directors The stockholders of the Company elected each of the ten director nominees to serve on the Company’s Board of Directors (the “Board”) for a term to expire at the 2027 Annual Meeting of Stockholders and until their successors are elected and qualified, or until their earlier death, retirement, resignation or removal.”
Earnings Releases

PLUMAS BANCORP reported first quarter of 2026 results: net income $9.8 million, EPS $1.40 per share.

“Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank (the “Bank”), today announced record first quarter earnings of $9.8 million or $1.40 per share”
Debt Financings

PLUMAS BANCORP incurred senior notes of $10 million in aggregate principal amount of 4.75% Fixed-to-Floating Rate Subordinated Notes due November 30, 2030 at fixed interest rate of 4.75% for the first five years and thereafter a quarterly maturing November 30, 2030.

“the Company assumed Cornerstone’s obligations with respect to an aggregate principal amount of $12 million of subordinated notes, comprised of (a) $2 million in aggregate principal amount of 4.75% Fixed to Floating Rate Subordinated Notes due November 30, 2035 (the “2035 Notes”) and (b) $10 million in aggregate principal amount of 4.75% Fixed-to-Floating Rate Subordinated Notes due November 30, 2030 (the “2030 Notes”).”
Debt Financings

PLUMAS BANCORP incurred senior notes of $12 million of subordinated notes, comprised of (a) $2 million in aggregate principal amount of 4.75% Fixed to Floating at fixed interest rate of 4.75% for the first ten years and thereafter ... three-mo maturing November 30, 2035.

“the Company assumed Cornerstone’s obligations with respect to an aggregate principal amount of $12 million of subordinated notes, comprised of (a) $2 million in aggregate principal amount of 4.75% Fixed to Floating Rate Subordinated Notes due November 30, 2035 (the “2035 Notes”) and (b) $10 million in aggregate principal amount of 4.75% Fixed-to-Floating Rate Subordinated Notes due November 30, 2030 (the “2030 Notes”).”
M&A Transactions

PLUMAS BANCORP completed an acquisition involving Cornerstone Community Bancorp for Each Cornerstone share converted into 0.6608 shares of Plumas common stock and $9.75 cash, plus cash for fractional shares, and termination of options. (closed 2025-07-01).

“the terms of the Merger Agreement, upon the completion of the Merger, each share of Cornerstone common stock outstanding immediately prior was converted into the right to receive 0.6608 shares of common stock of the Company and $9.75 cash, with cash paid in lieu of fractional shares. The total aggregate consideration delivered to holders of Cornerstone common”

BJ North retired as Executive Vice President and Chief Banking Officer at PLUMAS BANCORP.

“On March 27, 2025, BJ North, Plumas Bank’s Executive Vice President and Chief Banking Officer, notified the bank that she intends to retire effective on July 15, 2025.”

Kevin Foster was appointed as Director at PLUMAS BANCORP.

“On January 15, 2025, the Board of Directors of Plumas Bancorp (the “Company”) appointed Kevin Foster to serve as a director of the Company.”
Auditor Changes

PLUMAS BANCORP engaged Elliot Davis, LLC as its auditor.

“on November 19, 2024, the Plan appointed Elliot Davis, LLC (“Elliott”) as independent registered public accounting firm for the Plan’s fiscal year ended December 31, 2024.”
Auditor Changes

PLUMAS BANCORP dismissed Eide Bailly LLP as its auditor.

“On November 19, 2024, Plumas Bank (“the Bank”), a subsidiary of Plumas Bancorp (the “Company”), dismissed Eide Bailly LLP (“Eide”) as the independent auditor of the Plumas Bank 401(k) Profit Sharing Plan (“the Plan”).”
Shareholder Votes

PLUMAS BANCORP shareholders approved Ratification of the Appointment of Independent Auditors at the 2024-05-15 meeting.

“Proposal #2: Ratification of the Appointment of Independent Auditors The stockholders of the Company ratified the appointment of Elliott Davis, LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.”
Shareholder Votes

PLUMAS BANCORP shareholders approved Election of nine directors at the 2024-05-15 meeting.

“Proposal #1: Election of Directors The stockholders of the Company elected each of the nine director nominees to serve on the Company’s Board of Directors (the “Board”) for a term to expire at the 2025 Annual Meeting of Stockholders and until their successors are elected and qualified, or until their earlier death, retirement, resignation or removal.”
Earnings Releases

PLUMAS BANCORP reported the three months ended March 31, 2023 results: EPS $1.30 per share.

“Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced first quarter earnings of $6.3 million or $1.06 per share, down from $7.6 million or $1.30 per share during the first quarter of 2023.”
Earnings Releases

PLUMAS BANCORP reported the three months ended March 31, 2024 results: EPS $1.06 per share.

“Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced first quarter earnings of $6.3 million or $1.06 per share, down from $7.6 million or $1.30 per share during the first quarter of 2023.”
Auditor Changes

PLUMAS BANCORP engaged Elliott Davis LLC as its auditor.

“the Audit Committee selected Elliott Davis LLC as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2024.”
Auditor Changes

PLUMAS BANCORP dismissed Eide Bailly as its auditor.

“On March 20, 2024, when the Company filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 with the SEC, Eide Bailly completed its audit of the Company’s consolidated financial statements for such fiscal year, and the Company’s retention of Eide Bailly as its independent registered public accounting firm with respect to the audit of the Company’s consolidated financial statements as of December 31, 2023 terminated as of that date.”
Material Agreements

PLUMAS BANCORP amended Sale Agreement for the Non-Branch Offices with Mountainseed Real Estate Services, LLC (effective 2024-03-14).

“As previously reported, on January 19, 2024, Plumas Bank (the “Bank”), a wholly-owned subsidiary of Plumas Bancorp (the “Company”), entered into two agreements for the purchase and sale of real property (each, a “Sale Agreement”) with Mountainseed Real Estate Services, LLC, a Georgia limited liability company (“Mountainseed”).”
Material Agreements

PLUMAS BANCORP entered into Sale Agreement with Mountainseed Real Estate Services, LLC valued at $7.9 million (effective 2024-01-19).

“As previously reported, on January 19, 2024, Plumas Bank (the “Bank”), a wholly-owned subsidiary of Plumas Bancorp (the “Company”), entered into two agreements for the purchase and sale of real property (each, a “Sale Agreement”) with Mountainseed Real Estate Services, LLC, a Georgia limited liability company (“Mountainseed”). One Sale Agreement provided for the sale to Mountainseed of up to nine properties owned and operated by the Bank as branches (the “Branches”) for an aggregate cash purchase price of approximately $25.7 million.”
Debt Financings

PLUMAS BANCORP incurred lease obligation of approximately $25.7 million with MountainSeed Real Estate Services maturing 15-year lease term.

“MountainSeed Real Estate Services acquired nine properties operated as branches from Plumas Bank and leased each property back to the bank for a 15-year lease term.”

Sushil Patel was appointed as Director at PLUMAS BANCORP.

“On February 6, 2024, the Board of Directors of Plumas Bancorp (the “Company”) appointed Sushil Patel to serve as a director of the Company.”
Material Agreements

PLUMAS BANCORP entered into Sale Agreement for Non-Branch Offices with Mountainseed Real Estate Services, LLC valued at approximately $7.9 million (effective 2024-01-19).

“The second Sale Agreement provides for the sale to Mountainseed of up to three properties operated as non-branch administrative offices (the “Non-Branch Offices”) for an aggregate cash purchase price of $7.9 million, assuming all of the Non-Branch Offices are sold.”
Material Agreements

PLUMAS BANCORP entered into Sale Agreement for Branches with Mountainseed Real Estate Services, LLC valued at approximately $25.7 million (effective 2024-01-19).

“On January 19, 2024, Plumas Bank (the “Bank”), a wholly-owned subsidiary of Plumas Bancorp (the “Company”), entered into two agreements for the purchase and sale of real property (the “Sale Agreements”) with Mountainseed Real Estate Services, LLC, a Georgia limited liability company (“Mountainseed”), providing for the Bank’s sale to Mountainseed of up to 12 properties (the “Properties”) for an aggregate cash purchase price of $33.6 million, assuming all of the Properties are sold.”
Earnings Releases

PLUMAS BANCORP reported the three months ended December 31, 2023 results: net income $7.5 million, EPS $1.28 per share.

“Earnings during the fourth quarter of 2023 totaled $7.5 million or $1.28 per share”
Earnings Releases

PLUMAS BANCORP reported the year ended December 31, 2023 results: net income $29.8 million, EPS $5.08 per share.

“For the twelve months ended December 31, 2023, the Company reported net income of $29.8 million or $5.08 per share”
Auditor Changes

PLUMAS BANCORP engaged Elliott Davis, LLC as its auditor.

“On November 29, 2023, the Audit Committee of the Board of Directors of Plumas Bancorp (the "Company") appointed Elliott Davis, LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024”
Earnings Releases

PLUMAS BANCORP reported three months ended September 30, 2022 results: net income $7.2 million, EPS $1.24 per share.

“Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank, today announced earnings during the third quarter of 2023 of $8.0 million or $1.36 per share, an increase of $742 thousand from $7.2 million or $1.24 per share during the third quarter of 2022.”
Earnings Releases

PLUMAS BANCORP reported nine months ended September 30, 2023 results: net income $22.3 million, EPS $3.80 per share.

“For the nine months ended September 30, 2023, the Company reported net income of $22.3 million or $3.80 per share, an increase of $3.6 million from $18.6 million or $3.19 per share earned during the nine months ended September 30, 2022.”
Earnings Releases

PLUMAS BANCORP reported three months ended September 30, 2023 results: net income $8.0 million, EPS $1.36 per share.

“On October 18, 2023, Plumas Bancorp (the "Registrant") reported its financial results for the three months ended September 30, 2023.”
Governance Changes

PLUMAS BANCORP: Amended and restated bylaws to update procedures for shareholder meetings, director nominations, and universal proxy rules (effective 2023-08-16).

“On August 16, 2023, in connection with the effectiveness of new Securities and Exchange Commission rules regarding universal proxy cards, certain recent changes to the California General Corporation Law (the “CGCL”), and a periodic review of the bylaws of Plumas Bancorp (the “Company”), the Company’s board of directors (the “Board”) approved and adopted the Company’s amended and restated bylaws (the “Amended and Restated Bylaws”), which became immediately effective.”

Julie A. Morehead resigned as director at PLUMAS BANCORP.

“On July 19, 2023, Julie A. Morehead submitted notice of her resignation as a director of Plumas Bancorp and its wholly owned subsidiary, Plumas Bank, effective immediately.”
Earnings Releases

PLUMAS BANCORP reported the six months ended June 30, 2023 results: net income $14.3 million, EPS $2.44 per share.

“For the six months ended June 30, 2023, the Company reported net income of $14.3 million or $2.44 per share, an increase of $2.9 million from $11.4 million or $1.95 per share earned during the six months ended June 30, 2022.”
Earnings Releases

PLUMAS BANCORP reported the three months ended June 30, 2023 results: net income $6.7 million, EPS $1.14 per share.

“Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank, today announced earnings during the second quarter of 2023 of $6.7 million or $1.14 per share, an increase of $1.0 million from $5.7 million or $0.97 per share during the second quarter of 2022.”
Governance Changes

PLUMAS BANCORP: Eliminated cumulative voting rights for shareholders in director elections (effective 2023-05-17).

“On May 17, 2023, at the Annual Meeting of Shareholders of Plumas Bancorp (the “Company”), the Company’s shareholders adopted an amendment to Section 2.8 of the Company’s Bylaws eliminating the right of shareholders to cumulate votes in the election of directors.”
Shareholder Votes

PLUMAS BANCORP shareholders approved Ratification of the appointment of Eide Bailly, LLP as independent auditors for fiscal year ending December 31, 2023 at the 2023-05-17 meeting.

“Proposal #3: Ratification of the Appointment of Independent Auditors The stockholders of the Company ratified the appointment of Eide Bailly, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The votes on Proposal 3 were as follows: For Against Abstain 4,743,579 2,764 14,330”
Shareholder Votes

PLUMAS BANCORP shareholders approved Amendment to the Company's Bylaws eliminating cumulative voting in the election of directors at the 2023-05-17 meeting.

“Proposal #2: Proposal to Eliminate Cumulative Voting The proposal for the amendment to the Company’s Bylaws eliminating cumulative voting in the election of directors required approval by a majority of shares outstanding. Proposal 2 was approved by a majority of outstanding shares. The voting results were as follows: For Against Abstain 2,938,559 444,958 44,381”
Shareholder Votes

PLUMAS BANCORP shareholders approved Election of Directors at the 2023-05-17 meeting.

“The stockholders of the Company elected each of the nine director nominees to serve on the Company’s Board of Directors (the “Board”) for a term to expire at the 2024 Annual Meeting of Stockholders and until their successors are elected and qualified, or until their earlier death, retirement, resignation or removal. The votes on Proposal 1 were as follows: Nominee Votes For Nominee Votes Withheld or Against Nominee Abstentions Broker Non- Votes Michonne R. Ascuaga 3,422,022 5,876 n/a 1,332,775”
Earnings Releases

PLUMAS BANCORP reported three months ended March 31, 2023 results: net income $7.6 million, EPS $1.30 per share.

“On April 19, 2023, Plumas Bancorp (the "Registrant") reported its financial results for the three months ended March 31, 2023.”
Earnings Releases

PLUMAS BANCORP reported financial results for the three months and year ended December 31, 2022.

“On January 18, 2023, Plumas Bancorp (the "Registrant") reported its financial results for the three months and year ended December 31, 2022.”

Gerald W. Fletcher retired as Director at PLUMAS BANCORP.

“Today Plumas Bancorp (the “Company”) announced the retirement of Gerald W. Fletcher effective December 31, 2022, as required by the age-based retirement policy in the Company’s Corporate Governance Guidelines.”

Julie Morehead was appointed as Director at PLUMAS BANCORP.

“On June 30, 2021, the Board of Directors of Plumas Bancorp (the “Company”) appointed Julie Morehead to serve as a director of the Company, effective July 1, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.