Plumas SEC Filings

Plumas Bancorp reported third‑quarter 2025 results reflecting the July 1 acquisition of Cornerstone Community Bancorp and broad-based balance sheet growth. Total assets reached $2.23 billion versus $1.62 billion at year‑end 2024; loans were $1.48 billion and deposits $1.82 billion.

Quarterly net income was $5.15 million (diluted EPS $0.73) compared with $7.83 million ($1.31) a year ago. Net interest income rose to $25.17 million from $18.87 million, but a higher provision for credit losses ($5.37 million vs a $0.40 million recovery) and increased non‑interest expenses ($15.13 million vs $10.82 million) weighed on earnings. Other comprehensive income improved with a $4.19 million quarterly gain as securities valuations recovered.

Shareholders’ equity increased to $245.95 million, supported by $44.63 million of common stock issuance tied to the acquisition and higher retained earnings. Goodwill rose to $24.22 million. Shares outstanding were 6,955,514 as of November 3, 2025.

Plumas Bancorp declared a quarterly cash dividend of $0.30 per common share. The dividend is payable on November 17, 2025 to shareholders of record at the close of business on November 3, 2025. This update reflects a routine capital return via cash dividends to common shareholders.

Plumas Bancorp furnished an investor presentation under Regulation FD. The slide deck, included as Exhibit 99.1, is intended for future investor presentations and is being furnished, not filed, under the Exchange Act.

The materials are presented as of July 16, 2025. The company includes a safe harbor statement noting that forward‑looking statements are subject to risks and uncertainties that could cause actual results to differ materially.

Plumas Bancorp furnished an 8-K announcing it reported financial results for the three months ended September 30, 2025. The company provided a press release with unaudited financial information as Exhibit 99.1.

The materials are furnished under Item 2.02 and are not deemed “filed” for purposes of Section 18 of the Exchange Act and are not incorporated by reference into other filings unless expressly stated.

Plumas Bancorp and its subsidiary Plumas Bank have entered indemnification agreements covering Ken Robison, who joined the board after the company’s acquisition-related appointment. The agreements commit the Company and the Bank to indemnify directors and executive officers and to advance expenses to the fullest extent permitted by law, and they set procedures for requesting indemnification. These agreements supplement existing corporate charter, bylaw and legal protections and are based on the forms previously filed by the company, which are incorporated by reference.

A Plumas Bancorp executive, EVP & Chief Information Officer Aaron M. Boigon, reported both a sale and an option exercise related to the company's common stock on 08/21/2025. He sold 1,500 shares at $41.09 per share, reducing his direct holdings to 4,100 shares. On the same date he exercised options to acquire 1,500 shares at an exercise price of $21.45, adding those shares to bring direct beneficial ownership to 5,600 shares and leaving 8,100 options outstanding that vest in scheduled installments through 10/21/2027. The option grant vests in four equal annual installments beginning 10/21/2020.

Plumas Bancorp (symbol PLBC) Form 144 notifies a proposed sale of 1,500 common shares with an aggregate market value of $62,115.00. The shares are to be sold approximately on 08/21/2025 on Nasdaq through broker Edward Jones (201 Progress Parkway, Maryland Heights, MO). The filing states the securities were originally acquired on 02/17/2016 via an ISO from Plumas Bancorp and that 7,200 securities were reflected with a 02/07/2024 cashless exercise payment. No securities were reported sold by the filer in the past three months. The filer affirms no undisclosed material adverse information and includes the statutory signature/attestation language.

Richard L. Belstock, EVP and CFO of Plumas Bancorp (PLBC), reported an 08/18/2025 transaction that increased his direct holdings. He exercised options to acquire 1,000 shares of common stock at an exercise price of $21.45 per share, resulting in an additional 1,000 shares directly owned.

Following the reported transaction, Belstock beneficially owns 51,135 shares directly and 13,877 shares indirectly through a 401(k) plan. The option exercised was described as exercisable in four equal annual installments beginning October 21, 2020, and the underlying option has an expiration date of October 21, 2027.