Plumas Bancorp to Acquire Sierra Bancorp
Ticker: PLBC · Form: 8-K · Filed: Oct 16, 2025 · CIK: 1168455
Sentiment: neutral
Topics: acquisition, merger, agreement
TL;DR
Plumas Bancorp buying Sierra Bancorp, deal expected Q2 2026.
AI Summary
Plumas Bancorp announced on October 15, 2025, that it has entered into a definitive agreement to acquire Sierra Bancorp. The transaction is expected to close in the second quarter of 2026, subject to regulatory and shareholder approvals. This acquisition will expand Plumas Bancorp's presence in California.
Why It Matters
This acquisition will create a larger community bank, potentially leading to expanded services and market reach for customers of both Plumas Bancorp and Sierra Bancorp.
Risk Assessment
Risk Level: medium — The acquisition is subject to regulatory and shareholder approvals, which introduces uncertainty regarding its completion.
Key Players & Entities
- Plumas Bancorp (company) — Acquiring company
- Sierra Bancorp (company) — Acquired company
- October 15, 2025 (date) — Date of agreement
- second quarter of 2026 (date) — Expected closing date
FAQ
What is the primary purpose of this 8-K filing?
This 8-K filing reports on the "Other Events" of Plumas Bancorp, specifically announcing a definitive agreement to acquire Sierra Bancorp.
When is the acquisition of Sierra Bancorp expected to be completed?
The acquisition is expected to close in the second quarter of 2026.
What are the conditions for the completion of the acquisition?
The acquisition is subject to customary closing conditions, including regulatory approvals and shareholder approvals.
What is the filing date of this report?
The filing date of this report is October 16, 2025.
What is the date of the earliest event reported?
The date of the earliest event reported is October 15, 2025.
Filing Stats: 397 words · 2 min read · ~1 pages · Grade level 11.3 · Accepted 2025-10-16 09:00:57
Key Financial Figures
- $0.30 — uarterly cash dividend in the amount of $0.30 per common share payable on November 17
Filing Documents
- plbc20251013c_8k.htm (8-K) — 22KB
- 0001437749-25-031112.txt ( ) — 152KB
- plbc-20251015.xsd (EX-101.SCH) — 3KB
- plbc-20251015_def.xml (EX-101.DEF) — 12KB
- plbc-20251015_lab.xml (EX-101.LAB) — 15KB
- plbc-20251015_pre.xml (EX-101.PRE) — 12KB
- plbc20251013c_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On October 15, 2025 Plumas Bancorp ' s Board of Directors declared a quarterly cash dividend in the amount of $0.30 per common share payable on November 17, 2025 to shareholders of record at the close of business day on November 3, 2025. SIGNATURE 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 October 16, 2025 By: /s/ Richard L. Belstock Name: Richard L. Belstock Title: Chief Financial Officer