PLUMAS BANCORP

Plumas Bancorp held its Annual Meeting of Shareholders on May 20, 2026, where shareholders voted on several key matters. All ten director nominees were elected to the Board, however, Kenneth E. Robison resigned for personal reasons immediately following the meeting. Shareholders also approved a non-binding advisory vote on executive compensation and ratified the appointment of Elliott Davis, LLC as the independent auditors for the fiscal year ending December 31, 2026.

Plumas Bancorp reported a significant increase in net income for Q1 2026, reaching $9.76 million, up 36% year-over-year, with basic EPS rising to $1.40. This growth was primarily driven by a 35.6% increase in net interest income and a recovery of credit losses. However, total assets, loans, and deposits experienced a slight quarter-over-quarter decrease, while shareholders' equity saw an increase.

Plumas Bancorp announced the appointment of Kelsey Cassinelli as its new Principal Accounting Officer, effective April 27, 2026. Ms. Cassinelli, 32, joins the company from KPMG US LLP, where she was a Senior Audit Manager. She replaces Richard Belstock, who will continue in his role as Principal Financial Officer.

Plumas Bancorp's Board of Directors has declared a quarterly cash dividend of $0.33 per common share. This dividend will be distributed to shareholders on May 15, 2026. Only shareholders who are on record by the close of business on May 1, 2026, will be eligible to receive this payment.

Plumas Bancorp announced it has prepared an investor presentation, which is included as Exhibit 99.1 in its latest 8-K filing. This presentation will be utilized for future engagements with investors. The company noted that the information is presented as of April 15, 2026, and it does not assume any obligation to update it.

Plumas Bancorp announced its financial results for the first quarter ended March 31, 2026. The company furnished a press release containing the unaudited financial information as Exhibit 99.1 to the 8-K filing. This report formally discloses the release of these quarterly results.

Plumas Bancorp announced record first-quarter earnings of $9.8 million, a 36% increase year-over-year, with diluted EPS rising to $1.38. Net-interest income grew significantly by $6.6 million to $25.1 million, largely driven by the acquisition of Cornerstone Community Bank. The company also highlighted strong balance sheet growth, including a 49% increase in gross loans and a 29% rise in deposits, and initiated a $25 million share repurchase program.