PLUMAS BANCORP DECLARES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

Plumas Bancorp (Nasdaq:PLBC) has declared a quarterly cash dividend of $0.16 per share, payable on May 16, 2022, to shareholders on record as of May 2, 2022. This announcement reflects the bank's commitment to returning value to its investors. Headquartered in Reno, Nevada, Plumas Bancorp operates through its subsidiary, Plumas Bank, which provides a range of financial services across California and Nevada.

Positive

• Declared a quarterly cash dividend of $0.16 per share.
• Demonstrates commitment to returning value to shareholders.

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• None.

RENO, Nev., April 21, 2022 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank (the “Bank”), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.16 per share, payable May 16, 2022, to stockholders of record as of May 2, 2022.

About Plumas Bancorp

Plumas Bancorp is headquartered in Reno, Nevada. Plumas Bancorp’s principal subsidiary is Plumas Bank, which was founded in 1980. Plumas Bank is a full-service community bank headquartered in Quincy, California. The bank operates fourteen branches: twelve located in the California counties of Lassen, Modoc, Nevada, Placer, Plumas, Shasta and Sutter and two branches located in Nevada in the counties of Carson City and Washoe. The bank also operates three loan production offices located in the California Counties of Butte and Placer and Klamath Falls, Oregon. 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.

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve the risks and uncertainties, including the timely availability and acceptance of Bank products, the impact of competitive products and pricing, the management of growth, and other risks detailed from time to time in the Bank's publicly available regulatory reports.

FAQ

What is the dividend amount declared by Plumas Bancorp (PLBC)?

Plumas Bancorp declared a quarterly cash dividend of $0.16 per share.

When will the dividend be paid to Plumas Bancorp shareholders?

The dividend will be payable on May 16, 2022.

What is the record date for the dividend payment from Plumas Bancorp?

The record date for the dividend is May 2, 2022.

How often does Plumas Bancorp pay dividends?

Plumas Bancorp typically pays dividends on a quarterly basis.

What financial services does Plumas Bank offer?

Plumas Bank offers a range of financial and investment services to consumers and businesses.