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Section 1: 8-K (FORM 8-K)

plbc20190220b_8k.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

 

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported):       February 21, 2019

 

Plumas Bancorp


(Exact name of registrant as specified in its charter)

 

 

 

 

 

California 

 

000-49883

 

75-2987096

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

 

 

35 S. Lindan Avenue, Quincy, CA 

 

95971

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code       (530)283-7305

 

Not Applicable


Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

Emerging growth company      ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

 


 

 

 

 

TABLE OF CONTENTS

 

 

Item 8.01 Other Events

 
 

Item 9.01 Exhibits

 

SIGNATURES

 

 


 

Item 8.01 Other Events

 

On February 21, 2019, Plumas Bancorp (the “Company”) announced the promotion of Jeffrey T. Moore to Chief Credit Officer of the Company’s subsidiary, Plumas Bank. A press release announcing the promotion of Mr. Moore is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01 Exhibits

 

Number

 Description

99.1

 Press release announcing Chief Credit Officer’s Appointment dated February 21, 2019

 

 

 

 

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)

 

 

 

 

February  21, 2019 

 

By: 

/s/  Richard L. Belstock

 

 

 

Name: Richard L. Belstock
Title: Chief Financial Officer

 


 

 

 

 

EXHIBIT INDEX

 

Number

 Description

99.1

 Press release announcing Chief Credit Officer’s Appointment dated February 21, 2019

 

 

 

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Section 2: EX-99.1 (EXHIBIT 99.1)

ex_135440.htm

Exhibit 99.1

 

Plumas Bank Promotes Jeffrey T. Moore to Chief Credit Officer

 

QUINCY, California, February 21, 2019 — Plumas Bank, a subsidiary of Plumas Bancorp (NASDAQ:PLBC), has announced that Jeffrey T. Moore has been promoted to executive vice president, chief credit officer. Moore joined Plumas Bank in January 2018 as senior vice president, credit administrator.

 

In his new position, Moore is responsible for the overall management of the bank’s credit administration department, to ensure the efficient and accurate analysis of credit risk for new loan requests and existing lending relationships, as well as correct structuring for commercial loans including the underwriting and loan review analysis process. Moore will oversee all functions providing lending support, direction, credit information, loan policies, and procedures and processes, to ensure the overall quality of the bank’s loan portfolio.

 

Director, President and Chief Executive Officer, Andrew J. Ryback, stated, “Jeff's successful career, proven judgment and credit discipline make him an ideal choice for this role. His leadership experience in both the commercial line of business and credit function make Jeff a valuable addition to the executive leadership team.”

 

Retiring Executive Vice President, Chief Credit Officer, Kerry D. Wilson, commented, “Jeff’s critical strategic planning skills and extensive managerial experience make him a seamless fit for this position. I have full confidence that Jeff will be a great resource to the executive team and will continue to make a significant and positive impact on our Company.”

 

Moore brings 38 years of banking experience to his new role. Prior to joining Plumas Bank in 2018, Moore was the Chief Credit Officer and Chief Operating Officer of Community 1st Bank. Prior to that, he was the Chief Credit Officer for Five Star Bank. 

 

A northern California native, Moore graduated with a Bachelor of Science degree in Managerial Economics from the University of California, Davis and he is also a 1999 graduate of the Pacific Coast Banking School. Moore is an active community volunteer as a 23-year member of the Auburn Gold Country Rotary Club.

 

About Plumas Bank

 

Founded in 1980, Plumas Bank is a locally owned and managed full-service community bank headquartered in Northeastern California. The Bank operates thirteen branches: eleven located in the California counties of Placer, Nevada, Plumas, Lassen, Modoc and Shasta and two branches in Nevada in the counties of Washoe and Carson City. The Bank also operates four loan production offices: three located in the California Counties of Placer, Butte, and Tehama, and one located in the Oregon County of Klamath. Plumas Bank offers a wide range of financial and investment services to consumers and businesses and has received nationwide Preferred Lender status with the United States Small Business Administration. For more information, please visit our website at www.plumasbank.com.

 

 

Contact:

 

Elizabeth Kuipers

Vice President, Marketing Manager &

Investor Relations Officer

Plumas Bank

35 S. Lindan Ave.

Quincy, CA 95971

Ph: 530.283.7305 x8912

Fax: 530.283.9665

[email protected]

 

 

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