Business Context and Reporting Period
This Form 8-K is a current report filed by Plumas Bancorp on December 19, 2008. The filing addresses a corporate governance event regarding the Board of Directors rather than a financial reporting period.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to the announcement of a director's retirement and does not contain financial statements or performance data.
Material Changes
The material change reported is the departure of a director:
- Event: Retirement of Jerry V. Kehr from the Board of Directors of Plumas Bancorp and its subsidiary, Plumas Bank.
- Effective Date: December 31, 2008.
- Announcement Date: December 19, 2008.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document solely incorporates a press release (Exhibit 99.1) regarding the director's retirement.
Investor Verification Checklist
- Verify the effective date of Jerry V. Kehr's retirement (December 31, 2008).
- Confirm whether a successor director has been appointed to fill the vacancy.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the retirement.