PLUMAS BANCORP ANNOUNCES STOCK REPURCHASE PROGRAM

Core Viewpoint - Plumas Bancorp has authorized a stock repurchase program allowing for the repurchase of up to $25 million of its outstanding common stock through the fourth quarter of 2026, reflecting the company's strong capital position and commitment to disciplined capital management [1][3]. Group 1: Stock Repurchase Program - The stock repurchase may be executed through various means, including open market purchases and block trades, depending on market conditions and other corporate considerations [2]. - The program is intended to be funded using available cash and retained earnings, with no guarantee on pricing or the number of shares to be repurchased [3]. Group 2: Company Overview - Plumas Bancorp is headquartered in Reno, Nevada, and its principal subsidiary is Plumas Bank, a full-service community bank founded in 1980, operating nineteen branches across California and Nevada [4]. - The bank offers a wide range of financial and investment services and has achieved nationwide Preferred Lender status with the United States Small Business Administration [4].