Plumas Bancorp added to membership of US small-cap Russell 2000® Index

Core Insights - Plumas Bancorp has been included in the Russell 2000 Index, which is significant for small-cap companies and can enhance stock liquidity due to passive investing trends [1][3] - The Russell indexes, now in their 40th year, are designed to reflect the dynamic US economy and undergo annual rebalancing to maintain accurate benchmarks [1][4] Company Overview - Plumas Bancorp is a bank holding company headquartered in Reno, Nevada, with its subsidiary, Plumas Bank, being a community bank founded in 1980 [6] - Plumas Bank operates 15 branch offices in Northeastern California and Northern Nevada, and is recognized as one of the top-performing community banks in the country [6] Industry Context - The Russell 2000 Index is widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies, with approximately $10.5 trillion in assets benchmarked against the Russell US indexes as of December 2023 [4][8] - FTSE Russell, the provider of the Russell indexes, has been a leading global provider of benchmarking and analytics for over 40 years, serving a diverse range of investors [7][8]