# EDGAR Filing Document

**Accession Number:** 0001168455
**File Stem:** 0001437749-26-001817
**Filing Date:** 2026-1
**Character Count:** 7514
**Document Hash:** 31eff2def0a42d723df243197fc3c079
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-26-001817.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0001437749-26-001817

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260121

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PLUMAS BANCORP
- **CENTRAL INDEX KEY:** 0001168455
- **STANDARD INDUSTRIAL CLASSIFICATION:** SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 752987096
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-49883
- **FILM NUMBER:** 26553517

**BUSINESS ADDRESS:**
- **STREET 1:** 5525 KIETZKE LANE, STE. 100
- **CITY:** RENO
- **STATE:** NV
- **ZIP:** 89511
- **BUSINESS PHONE:** 775-786-0907

**MAIL ADDRESS:**
- **STREET 1:** 5525 KIETZKE LANE, STE. 100
- **CITY:** RENO
- **STATE:** NV
- **ZIP:** 89511

?xml version='1.0' encoding='ASCII'? plbc20260122_8k.htm

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549** 

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934** 

Date of Report (Date of earliest event reported): **January 21, 2026**

**PLUMAS BANCORP**

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(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **California** | **000-49883** | **75-2987096** |
| (State or other jurisdiction of incorporation) | (Commission File Number)  | (IRS Employer Identification No.) |

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| | |
|:---|:---|
| **5525 Kietzke Lane, Suite 100 Reno, NV** | **89511** |
| (Address of principal executive offices)  | (Zip Code) |

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Registrant's telephone number, including area code: **(775) 786-0907**

**Not Applicable**

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(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock | PLBC | NASDAQ Capital Market |

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**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

*2026 Incentive Plan*

On January 21, 2026, the Board of Directors of Plumas Bancorp (the "Company") approved the Company's cash non-equity incentive plan for 2026 (the "2026 NEI", the "Plan"). Eligible employees under the 2026 NEI include all employees of the Company's subsidiary, Plumas Bank (the "Bank"), who are regularly scheduled to work at least 20 hours per week. The aggregate bonus pool is comprised of two pools, one for officers of the Company and one for all other employees. The officers' portion represents 90.9% of the combined pools. Incentives are payable under the 2026 NEI once the Bank has exceeded the 50th percentile of return on assets (ROA) with ROA calculated as of September 30, 2026, as follows: annualized year to date income before tax<sup>1</sup> divided by average year to date assets. The percentile is calculated based on a peer group composed of commercial banks with total assets as of September 30, 2026, of between $1 billion and $3 billion. The higher the percentile the higher the bonus pool. The maximum total combined bonus pool available for distribution is 8.8% of pretax pre-bonus income as of December 31, 2026. At an 80.8 percentile the combined total bonus pool available for distribution would be 5.5% of pretax, pre-bonus income with the officer's pool totaling 5% of pretax, pre-bonus income and the other employees sharing in the remaining pool dollars. Up to 11.6% of the officers' pool could be allocated to the Company's Chief Executive Officer ("CEO") and President. Executive Vice Presidents ("EVPs") each can earn up to 4.05% of the officers' bonus pool.

Under the 2026 NEI, the cash incentive payment to the Company's CEO and President will be based 49.6% on the ROA percentile, 16.6% upon the attainment of performance goals, and 16.6% upon meeting various performance metrics with the remaining 17.2% based on the CEO's performance during 2026, as evaluated by the Company's Corporate Governance and Compensation Committee. Cash incentive payments for the Company's EVPs will be based 58.8% on the ROA percentile, 16.8% upon the attainment of performance goals, and 8.4% upon meeting various performance metrics with the remaining 16.0% based on the CEO's evaluation of the EVP's performance during 2026.

Goals for the CEO include targeted increases in loans and deposits, exceeding an asset quality benchmark, and achieving selected strategic initiatives. Metrics include exceeding a targeted percentile of return on equity (calculated on a pre-tax basis) based on a peer group composed of commercial banks with total assets as of September 30, 2026, of between $1 billion and $3 billion and exceeding budgeted net income. The Company's Board of Directors has the ability to terminate or modify the Plan and all payouts under the Plan are subject to approval by the Company's Corporate Governance and Compensation Committee. The Plan does not give any employee the right to or guarantee of continued employment.

<sup>1</sup> Income may be adjusted by unusual or nonrecurring items of revenue/expense at the discretion of the Company's Corporate Governance and Compensation Committee.

**Item 9.01. Financial Statements and Exhibits**

(d) Exhibits

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| | |
|:---|:---|
| Exhibit<br> No. | Description |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | Plumas Bancorp<br> (Registrant) | Plumas Bancorp<br> (Registrant) |
| *January 23, 2026* | *By:*  | */s/ Richard L. Belstock* |
|  |  | *Name: Richard L. Belstock*  |
|  |  | *Title: Chief Financial Officer* |

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