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PLUMAS BANCORP DECLARES QUARTERLY CASH DIVIDEND

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Plumas Bancorp (Nasdaq:PLBC) announced a quarterly cash dividend of $0.25 per share, payable on May 15, 2023, to stockholders of record as of May 1, 2023. This decision reflects the company’s ongoing commitment to returning value to its shareholders. Headquartered in Reno, Nevada, Plumas Bancorp serves as the parent company of Plumas Bank, which provides a wide range of financial services across its 14 branches in California and Nevada. Established in 1980, Plumas Bank has achieved nationwide Preferred Lender status with the SBA, indicating strong operational capabilities and market recognition.

Positive
  • Declared quarterly cash dividend of $0.25 per share.
  • Reflects company commitment to shareholder value.
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  • None.

Reno, Nevada, April 20, 2023 (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 $0.25 per share, payable May 15, 2023, to stockholders of record as of May 1, 2023.

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. 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?

Plumas Bancorp declared a dividend of $0.25 per share.

When is the dividend payment date for PLBC?

The dividend is payable on May 15, 2023.

Who are eligible for the dividend from Plumas Bancorp?

Stockholders of record as of May 1, 2023, are eligible for the dividend.

What is the significance of the Preferred Lender status for Plumas Bank?

Preferred Lender status signifies strong operational capabilities and market recognition, enhancing service offerings.

Plumas Bancorp

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Banks - Regional
Short-term Business Credit Institutions
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United States of America
RENO