PLUMAS BANCORP DECLARES QUARTERLY DIVIDEND ISSUANCE

Rhea-AI Summary

Plumas Bancorp (Nasdaq:PLBC) has declared a quarterly cash dividend of $0.14 per share, payable on February 15, 2021, to shareholders of record as of February 1, 2021. Founded in 1980, Plumas Bank operates 13 branches in California and Nevada, providing a variety of financial services. The Bank has recently received accolades for its performance, including the Community Bankers Cup from Raymond James for being among the top five performing banks nationally, and being named a 'Super Premier' performing bank for the fifth year in a row.

Positive

• Declared a quarterly cash dividend of $0.14 per share.
• Recognized as one of the top five performing banks in the nation by Raymond James.
• Named to Piper Sandler's Sm-All Stars Class for the second year in a row.
• Awarded 'Super Premier' performing bank status for five consecutive years.

Negative

• None.

QUINCY, Calif., Jan. 21, 2021 (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 $0.14 per share, payable February 15, 2021, to stockholders of record as of February 1, 2021.

About Plumas Bancorp

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 Plumas, Lassen, Placer, Nevada, Modoc and Shasta and two branches located in Nevada in the counties of Washoe and Carson City. The Bank also operates three loan production offices: two located in the California Counties of Placer and Butte, 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. The Company was recently recognized by three prestigious firms: for the third year in a row Raymond James and Associates awarded Plumas Bancorp with the Community Bankers Cup for operating one of the top five Best Performing Banks in the nation; for the second year in a row Piper Sandler named Plumas Bank to their Sm-All Stars Class, which identifies the top small cap banks in the nation; and, for the fifth year in a row, Plumas Bank was named a ‘Super Premier’ performing bank by The Findley Reports. 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 payout date for Plumas Bancorp in 2021?

The dividend payout date for Plumas Bancorp is February 15, 2021.

What is the amount of the quarterly dividend declared by PLBC?

Plumas Bancorp declared a quarterly cash dividend of $0.14 per share.

What is the record date for the Plumas Bancorp dividend?

The record date for the Plumas Bancorp dividend is February 1, 2021.

How many branches does Plumas Bank operate?

Plumas Bank operates 13 branches across California and Nevada.

What awards has Plumas Bank received recently?

Plumas Bank has received the Community Bankers Cup and has been named a 'Super Premier' performing bank.