Business Context and Reporting Period
This Form 8-K Current Report was filed by Plumas Bancorp on January 6, 2016, covering the event date of December 31, 2015. The filing addresses corporate governance changes under Item 5.02 regarding the departure of a senior officer.
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 personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the retirement of Monetta R. Dembosz, who served as Executive Vice President and Operations Manager of Plumas Bank. Her retirement became effective on December 31, 2015, concluding thirty-five years of service with the bank.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on future performance, or discussion of risks and contingencies. The document focuses solely on acknowledging the retirement of Ms. Dembosz.
Investor Verification Checklist
- Verify the appointment of a successor to the Executive Vice President and Operations Manager role.
- Review the company's most recent 10-K or 10-Q for financial performance data, as this 8-K contains none.
- Confirm if the retirement triggers any changes in executive compensation arrangements or key person insurance policies.