PLBC
Plumas BancorpยทNASDAQ
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PLBC Profile
Plumas Bancorp
The holding company for Plumas Bank, which primarily operates in California
5525 Kietzke Lane, Suite 100, Reno, Nevada 89511
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Plumas Bancorp is registered as a California bank holding company under the Bank Holding Corporation Act of 1956 (as amended) and is headquartered in Quincy, California. The company was established in January 2002 and acquired all the outstanding shares of Plummers Bank (Bank) in June 2002. The company's main subsidiary is Plumas Bank and the company's existence is mainly for the purpose of holding shares in the bank and other subsidiaries that may be acquired or established. To date, the Company's only other affiliates are Plummers Statutory Trust I and Plummers Statutory Trust II, established in 2002 and 2005, respectively, solely to facilitate the issuance of trust preferred securities. The company's main source of income is bank dividends, but the company can explore complementary sources of future income. Banks currently cannot pay dividends without the approval of their main regulator.
