secwatch / observer

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
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.”
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.”

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.