Plumas Bancorp Announces Board and Executive Changes
Ticker: PLBC · Form: 8-K · Filed: Jan 17, 2025 · CIK: 1168455
Sentiment: neutral
Topics: management-change, board-of-directors, compensation
TL;DR
Plumas Bancorp reshuffled its board and exec pay structure. Big changes ahead?
AI Summary
Plumas Bancorp announced on January 15, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate underlying issues or strategic shifts that may affect the company's future performance and stability.
Key Numbers
- 20250115 — Report Date (Date of the earliest event reported)
Key Players & Entities
- PLUMAS BANCORP (company) — Registrant
- California (jurisdiction) — State of incorporation
- Reno, Nevada (location) — Principal executive offices
FAQ
Who are the specific directors or officers departing Plumas Bancorp?
The filing indicates the departure of certain officers and directors but does not list their specific names in the provided text.
Who are the newly elected directors at Plumas Bancorp?
The filing states that new directors have been elected, but their names are not specified in the provided text.
What specific changes were made to the compensatory arrangements of certain officers?
The filing mentions updates to compensatory arrangements for certain officers, but the details of these changes are not provided in the excerpt.
What is the primary business of Plumas Bancorp?
Plumas Bancorp is classified under 'SHORT-TERM BUSINESS CREDIT INSTITUTIONS' with SIC code 6153.
When was Plumas Bancorp incorporated?
Plumas Bancorp was incorporated in California.
Filing Stats: 554 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2025-01-17 09:00:10
Filing Documents
- plbc20250116_8k.htm (8-K) — 28KB
- ex_766698.htm (EX-99.1) — 7KB
- foster01.jpg (GRAPHIC) — 16KB
- plumaslogo.jpg (GRAPHIC) — 16KB
- 0001437749-25-001303.txt ( ) — 210KB
- noticker-20250115.xsd (EX-101.SCH) — 3KB
- noticker-20250115_def.xml (EX-101.DEF) — 11KB
- noticker-20250115_lab.xml (EX-101.LAB) — 15KB
- noticker-20250115_pre.xml (EX-101.PRE) — 11KB
- plbc20250116_8k_htm.xml (XML) — 3KB
01 Exhibits
Item 9.01 Exhibits Number Description 99.1 Press Release dated January 17, 2025 104 Cover Page Interactive Data File
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Plumas Bancorp (Registrant) January 17, 2025 By: /s/ Richard L. Belstock Name: Richard L. Belstock Title: Chief Financial Officer EXHIBIT INDEX Number Description 99.1 Press Release dated January 17, 2025 104 Cover Page Interactive Data File