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Plumas Bancorp (NASDAQ:PLBC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Plumas Bancorp (NASDAQ:PLBC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Item 9.01 Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) On February 20, 2019, the Board of Directors of Plumas Bancorp (the “Company”) appointed Michonne R. Ascuaga as a Director of the Company. As of the date of this filing, Ms. Ascuaga has not been appointed to a committee of the Company’s Board of Directors. Ms. Ascuaga will receive fees consistent with those fees received by the existing directors for service as a director of the Company.

A copy of the Company’s press release announcing Ms. Ascuaga’s appointment to the Board of Directors of the Company is attached hereto as Exhibit 99.1 and the information contained therein is incorporated herein by reference.

Item 9.01 Exhibits

Number

Description

99.1

Press release dated February 21, 2019

PLUMAS BANCORP Exhibit
EX-99.1 2 ex_135437.htm EXHIBIT 99.1 ex_135437.htm Exhibit 99.1   Ascuaga Appointed to Plumas Bancorp Board   QUINCY,…
To view the full exhibit click here

About Plumas Bancorp (NASDAQ:PLBC)

Plumas Bancorp is a bank holding company. The Company’s primary subsidiary is Plumas Bank. The Bank is a California state-chartered bank. The Federal Deposit Insurance Corporation (the FDIC) up to maximum insurable amounts insures the Bank’s deposit accounts. The Bank operates through its approximately 10 branch networks. The Bank maintains approximately 15 automated teller machines (ATMs) tied in with statewide and national networks. In addition to its branch network, the Bank operates lending offices specializing in government-guaranteed lending in Auburn, California and Beaverton, Oregon, a commercial/agricultural lending office located in Chico, California, and a commercial loan office located in Reno, Nevada. The Bank’s loan portfolio consists commercial real estate loans; commercial and industrial loans; consumer loans; agricultural loans; residential real estate loans, and construction and land development loans.

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