Welcome to our dedicated page for Plumas SEC filings (Ticker: PLBC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Plumas Bancorp filings document the public-company disclosures of the parent company of Plumas Bank, including operating results, Regulation FD materials, cash dividends, share repurchase authorization, and capital-management actions. Form 8-K reports also cover executive reporting roles, indemnification agreements, and compensation arrangements under the Plumas Bancorp 2022 Equity Incentive Plan.
Proxy and governance filings address shareholder voting matters, governance practices, material agreements, capital-structure disclosure, and operating and financial results. The filing record also includes exhibits and press-release materials related to unaudited bank earnings, credit trends, and the company’s common-stock and equity-award framework.
Plumas Bancorp reported record first quarter 2026 results, with net income of $9.8 million and basic earnings per share of $1.40, up from $7.2 million and $1.21 a year earlier.
Net interest income rose to $25.1 million from $18.5 million, supported by the Cornerstone acquisition, 49% loan growth to $1.50 billion, 29% deposit growth to $1.77 billion, and a higher net interest margin of 5.03%.
Credit quality metrics weakened as nonperforming loans increased to $14.2 million or 0.94% of total loans, driven largely by one agricultural relationship. Non-interest expense climbed to $15.3 million, including a $726 thousand loss from two fraudulent wire transfers and higher costs tied to Cornerstone. Capital remained strong, with shareholders’ equity of $265 million and a Common Equity Tier 1 ratio of 15.5%, while the company repurchased 41 thousand shares under a stock buyback program of up to $25 million.
Plumas Bancorp is soliciting proxies for its 2026 annual meeting while highlighting a transformative 2025. The bank completed its acquisition of Cornerstone Community Bancorp on July 1, 2025, creating a combined company with over $2.2 billion in assets, $1.8 billion in deposits, and $1.5 billion in loans.
Shareholders of record as of March 24, 2026, owning part of 6,974,673 outstanding shares, are invited to vote on three items: election of ten directors, an advisory “say‑on‑pay” vote on executive compensation, and ratification of Elliott Davis as independent auditor for 2026.
The proxy details strong credit quality, active board‑level risk oversight, and a pay program that ties executive incentives to return on assets, strategic goals, and long‑term equity. In 2025, CEO total compensation was $952,413, and the company reported net income of $29.6 million.
Plumas Bancorp director Richard Francis Kenny exercised stock options to acquire 2,000 shares of common stock at an exercise price of $21.45 per share. The acquired shares are held indirectly through the Richard and Kate Kenny Family Trust, which now holds 13,268 shares following the transaction.
The derivative position tied to these options was reduced, leaving 217 option shares outstanding after the exercise. The options were originally structured to vest in four equal annual installments beginning on October 21, 2020, indicating this transaction follows the grant’s long-term vesting schedule.
Plumas Bancorp outlines its 2025 business profile and risks as a community bank holding company for Plumas Bank. At December 31, 2025, the Company reported consolidated assets of $2.2 billion, deposits of $1.8 billion, other liabilities of $168 million and shareholders’ equity of $261 million.
The Bank focuses on Northeastern California and Northwestern Nevada, with 17 California branches, 2 Nevada branches and specialty SBA and agricultural lending offices. On July 1, 2025, it acquired Cornerstone Community Bancorp, adding estimated fair value assets of $659.4 million and deposits assumed of $580.9 million.
Loans are heavily real estate-based, with commercial real estate representing 66.3% of the portfolio and total commercial real estate exposures reaching 389% of total risk-based capital. The Company emphasizes technology-enabled services and community roots, while highlighting extensive regulatory oversight, interest rate and credit risks, cybersecurity focus, and concentrated regional economic exposure.
The Company paid quarterly cash dividends of $0.30 per share in 2025 and has Board authorization to repurchase up to $25 million of common stock through the fourth quarter of 2026, subject to capital, regulatory and bank dividend constraints.
PLUMAS BANCORP EVP and CFO Richard L. Belstock exercised stock options for 2,500 shares of common stock at $31.00 per share. Following the exercise, he directly owns 56,735 common shares and holds options on 5,000 shares. Indirectly, 14,043 shares are held through a 401(k) plan.
Plumas Bancorp director Michonne R. Ascuaga exercised options for 3,200 shares of common stock, converting a derivative position into directly held shares. The exercised options had an exercise price of $21.45 per share, bringing her direct common stock ownership to 8,707 shares. The options were exercisable in four equal annual installments beginning October 21, 2020.
Moseley Matthew Brock reported acquisition or exercise transactions in this Form 4 filing.
Plumas Bancorp executive Matthew Brock Moseley, EVP and Market President, reported an award of 42 shares of common stock at $53.04 per share. Following this grant, his directly held shares total 8,783. He also reports 27 shares held indirectly through his daughter and 256 shares held indirectly in a 401(k) account.
Prescott Jack William reported acquisition or exercise transactions in this Form 4 filing.
PLUMAS BANCORP executive Jack William Prescott, EVP and Chief Banking Officer, reported an equity compensation grant of 1,600 restricted stock units (RSUs) at a price of $0.00 per unit. The RSUs vest in five equal annual installments starting on March 1, 2027 and will either vest or be cancelled rather than expiring.
Belstock Richard L reported acquisition or exercise transactions in this Form 4 filing.
Plumas Bancorp executive vice president and chief financial officer Richard L. Belstock reported receiving a grant of 1,600 restricted stock units on March 1, 2026. The RSUs were awarded at no purchase price and are held as direct derivative ownership.
The award vests in five equal annual installments beginning on March 1, 2027, meaning a portion becomes earned each year over that period. The RSUs do not have an expiration date; they will either vest on schedule or be cancelled if vesting conditions are not met. Following this grant, Belstock reports ownership of 1,600 RSUs.
RYBACK ANDREW J reported acquisition or exercise transactions in this Form 4 filing.
Plumas Bancorp President and CEO Andrew J. Ryback reported an award of 2,400 restricted stock units on March 1, 2026. These RSUs were granted at a price of $0.00 per unit, bringing his reported restricted stock unit holdings to 2,400. The award is scheduled to vest in five equal annual installments beginning on March 1, 2027, and the RSUs either vest or are cancelled before the vesting date. As of the same date, he also reported 63,334 shares of common stock held directly and 35,452 shares of common stock held indirectly through a 401(k) plan.