Business Context and Reporting Period
This Form 8-K Current Report is filed by Plumas Bancorp for the reporting period of January 1, 2026. The registrant is incorporated in California and its common stock trades on the NASDAQ Capital Market under the symbol PLBC. The report primarily addresses a change in executive leadership within its sole subsidiary, Plumas Bank.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding a personnel appointment and does not contain financial statements or performance metrics.
Material Changes
The material change reported is the appointment of Kevin Kaiser as Executive Vice President and Chief Credit Officer (CCO) of Plumas Bank, effective January 1, 2026. Mr. Kaiser previously served as Senior Vice President and Credit Administrator at the bank since 2019.
Management Commentary and Risks
- Management Commentary: Mr. Kaiser brings more than 39 years of experience in lending and leadership. He holds a bachelor's degree in agriculture and business management from California State University, Chico.
- Related Party Transactions: The filing states Mr. Kaiser has no family relationship with the Company's directors or executive officers and no direct or indirect material interest in any transaction required to be reported under Item 404(a) of Regulation S-K or Item 5.02(d) of Form 8-K.
- Risks and Contingencies: No specific risks or contingencies are disclosed in this filing.
Investor Verification Checklist
- Verify the effective date of Kevin Kaiser's appointment as CCO (January 1, 2026).
- Confirm Mr. Kaiser's tenure at Plumas Bank (since 2019) and his prior role as Senior Vice President and Credit Administrator.
- Review the attached press release (Exhibit 99.1) for additional details on the appointment.
- Note that this filing contains no financial data; refer to the most recent 10-K or 10-Q for financial performance.