PLBC Plumas Bancorp Inc

Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank (the “Bank”), announced the recent retirement of two board directors, Alvin G. Blickenstaff and Arthur C. Grohs, after 28 years of service. Their retirement is required by the age-based retirement policy in the Company’s Corporate Governance Guidelines and was effective December 31, 2016.

Both Blickenstaff and Grohs were on the Board of Directors for Susanville-based Sierra Security Bank. They joined the Plumas Bank Board in 1988 when Sierra Security Bank merged with Plumas Bank. 

Alvin G. Blickenstaff was born and raised in the Susanville, California area and lives in Janesville. He owns Blickenstaff Ranch and has been active in the ranching and agriculture business for over 50 years.

Arthur C. “Booty” Grohs is also a native of Susanville, California. Grohs is an experienced business owner and entrepreneur. He owned a retail store in Susanville for 35 years and after retiring moved to Reno, Nevada. He remains active in this Northern Nevada community where Plumas Bank opened a branch in December, 2015.

Commenting on their retirement, Chairman of the Board, Daniel E. West, stated, “The dedicated efforts of both Alvin and Booty have helped our Company grow into the strong organization that it is today. Throughout the years in both good times and bad, these two gentlemen, each in their own unique way, have been driving forces behind the Bank’s success. We thank them for their leadership and guidance”

Director, President and Chief Executive Officer, Andrew J. Ryback, added, “It has been a privilege to work with Booty and Alvin and to have had the benefit of their insight, knowledge and business acumen to help guide our Company. We will miss them greatly and wish them well in their future endeavors."

About Plumas Bank

Founded in 1980, Plumas Bank is a locally owned and managed full-service community bank based in Northeastern California. The Bank operates twelve branches: eleven located in the California counties of Plumas, Lassen, Placer, Nevada, Modoc and Shasta and one branch in the Nevada County of Washoe. The Bank also operates five loan production offices: two located in the California Counties of Placer and Butte, one located in the Oregon County of Klamath, one located in the Washington County of King and one located in the Arizona County of Maricopa. Plumas Bank offers a wide range of financial and investment services to consumers and businesses and has received nationwide Preferred Lender status with the United States Small Business Administration. For more information on Plumas Bancorp and Plumas Bank, please visit our website at www.plumasbank.com.

 

Contact: Elizabeth Kuipers
Vice President, Marketing Manager 
& Investor Relations Officer
530.283.7305 x8912
Elizabeth.kuipers@plumasbank.com