PLUMAS BANCORP DECLARES DIVIDEND INCREASE
April 18 2019 - 9:00AM
Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank
(the “Bank”), today announced that the Board of Directors declared
a regular semi-annual cash dividend on Plumas Bancorp common stock
of $0.23 per share, payable May 15, 2019, to stockholders of record
as of May 1, 2019. This represents a $0.05, or 27.8% increase from
the $0.18 dividend paid on November 15, 2018.
About Plumas Bancorp
Founded in 1980, Plumas Bank is a locally owned
and managed full-service community bank headquartered in
Northeastern California. The Bank operates thirteen branches:
eleven located in the California counties of Plumas, Lassen,
Placer, Nevada, Modoc and Shasta and two branches located in Nevada
in the counties of Washoe and Carson City. The Bank also operates
four loan production offices: three located in the California
Counties of Placer, Butte, and Tehama, and one located in the
Oregon County of Klamath. 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. The Company was recently
recognized by three prestigious firms: Raymond James and Associates
awarded Plumas Bancorp with the Community Bankers Cup for operating
the 2nd Best Performing Bank in the nation; S&P Global Market
Intelligence ranked Plumas Bank in the Top 2% of U.S. Community
Banks; and, for the fourth year in a row, Plumas Bank was named a
‘Super Premier’ performing bank by The Findley Reports. For more
information on Plumas Bancorp and Plumas Bank, please visit our
website at www.plumasbank.com.
Except for the historical information contained
herein, the matters discussed in this news release are
forward-looking statements that involve the risks and
uncertainties, including the timely availability and acceptance of
Bank products, the impact of competitive products and pricing, the
management of growth, and other risks detailed from time to time in
the Bank's publicly available regulatory reports
Contact: Elizabeth Kuipers
Vice President, Marketing Manager & Investor Relations Officer
Plumas Bank
35 S. Lindan Avenue
Quincy, CA 95971
530.283.7305 ext.8912
investorrelations@plumasbank.com
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