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

plbc20190821_8k.htm

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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):       August 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.   ☐

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class:

 Trading Symbol

Name of Each Exchange on which Registered:

Common Stock, no par value

PLBC

The NASDAQ Stock Market LLC

 

 

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TABLE OF CONTENTS

 

 

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

 
 

 

 

SIGNATURES

 

 

 

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

 

 

(d) On August 21, 2019, the Board of Directors of Plumas Bancorp (the "Company") appointed Heidi Gansert as a Director of the Company. As of the date of this filing, Ms. Gansert has not been appointed to a committee of the Company’s Board of Directors. Ms. Gansert 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. Gansert’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 August 22, 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)

 

 

 

 

 

August 22, 2019 

 

By: 

 

/s/  Richard L. Belstock

 

 

 

 

Name: Richard L. Belstock
Title: Chief Financial Officer

 

 

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EXHIBIT INDEX

 

Number       Description

99.1             Press release dated August 22, 2019

 

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Section 2: EX-99.1 (EXHIBIT 99.1)

ex_156093.htm

Exhibit 99.1

 

Heidi Gansert Appointed to Plumas Bancorp Board of Directors

 

QUINCY, California, August 22, 2019 – On August 21, 2019, the directors of Plumas Bancorp (Nasdaq: PLBC), a bank holding company and the parent company of Plumas Bank, appointed Heidi Gansert to the Plumas Bancorp and Plumas Bank Board of Directors. Gansert is an engineering graduate of Santa Clara University who holds a Master’s degree in Business Administration from the University of Nevada, Reno. She has over 30 years of management experience and currently serves as the Executive Director of External Relations at the University of Nevada, Reno.

 

As Executive Director of External Relations at the University of Nevada, Reno, Gansert works closely with economic development agencies throughout the state, leading the University's Economic Development and Business Relations Task Force and serving as a catalyst for creating economic development, business and outreach partnerships between the University and the community. She is very active in her community and serves on the boards of the Economic Development Authority of Western Nevada (EDAWN) and Reno’s newly created Downtown Reno Partnership, a business improvement district formed to make downtown Reno safer, cleaner and friendlier.

 

Gansert also serves in Nevada’s part-time legislature as a Nevada state senator. She previously served as Chief of Staff to Nevada Governor Brian Sandoval and prior to that as the assemblywoman representing District 25 in the Nevada State Legislature. Her time in the executive and legislative branches of state government include important roles related to education, economic development, workforce training, energy and business.

 

Director, President and Chief Executive Officer of Plumas Bancorp and Plumas Bank, Andrew J. Ryback, remarked, “We are very pleased to welcome Heidi to the Board. Heidi brings her extensive leadership skills as well as her very valuable insight into the quickly expanding northern Nevada economy to our Board. Her regional economic expertise and relationships will be key assets as we continue to look for opportunities to build our franchise.”

 

Gansert commented, “I’m very pleased to join the board of such a successful and dynamic community bank.” She continued, “It’s exciting to be part of an organization that is fully engaged in and supportive of the individuals and organizations in the communities that they serve.”

 

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 northern California counties of Plumas, Lassen, Placer, Nevada, Modoc and Shasta and two branches located in the northern Nevada counties of Washoe and Carson City. The Bank also operates three loan production offices: two located in the northern California Counties of Placer and Butte, and one located in the southern 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 on Plumas Bancorp and Plumas Bank, 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]

 

 

 

Heidi Gansert

Plumas Bancorp Board Member

 

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