PLBC Plumas Bancorp

SUSHIL PATEL APPOINTED TO PLUMAS BANCORP BOARD OF DIRECTORS

SUSHIL PATEL APPOINTED TO PLUMAS BANCORP BOARD OF DIRECTORS

RENO, Nev., Feb. 08, 2024 (GLOBE NEWSWIRE) -- The directors of Plumas Bancorp (Nasdaq: PLBC), a bank holding company and the parent company of Plumas Bank, are pleased to announce the appointment of Sushil Patel to the Plumas Bancorp and Plumas Bank Board of Directors.  

Patel is from South Lake Tahoe, Calif., and has been actively involved in developing real estate projects in both Nevada and California for more than 20 years. A successful business leader in the hospitality and lodging industry, Patel is owner of Laxmi Hotels and managing partner at Mountain West Builders. He owns and operates five hotel properties in Lake Tahoe and Reno, Nev. and co-leads one of the largest multifamily contractors in Northern Nevada.

“We are delighted to welcome Sushil to our board of directors. Sushil is a highly respected leader with vast business and real estate expertise,” remarked Andrew J. Ryback, Director, President and CEO of Plumas Bancorp and Plumas Bank. “We are confident that his insights will contribute significantly to our strategic initiatives and help us further strengthen our position as a leading community bank in the region.”

Patel responded, “As a long-time Plumas Bank client, I am excited for the opportunity to support the growth and success of Plumas Bank in my role as a board member. The bank’s commitment to providing exceptional financial services, building strong client relationships, and supporting local economies aligns perfectly with my vision and dedication to this region.”

Patel lives in Reno and serves on the Renown Health Foundation board. He earned his bachelor’s degree in business administration and public relations from California State University, Sacramento.

About Plumas Bancorp

Plumas Bancorp is headquartered in Reno, Nevada. Plumas Bancorp’s principal subsidiary is Plumas Bank, which was founded in 1980. Plumas Bank is a full-service community bank headquartered in Quincy, California. The bank operates fifteen branches: thirteen located in the California counties of Butte, Lassen, Modoc, Nevada, Placer, Plumas, Shasta and Sutter and two branches located in Nevada in the counties of Carson City and Washoe. The bank also operates two loan production offices located in Auburn, California and Klamath Falls, Oregon. 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. Member FDIC. Equal Housing Lender. For more information on Plumas Bancorp and Plumas Bank, please visit our website at .

###

Photo Attached:

Sushil Patel

Plumas Bancorp and Plumas Bank Board Member



Plumas Bank
5525 Kietzke Lane Ste. 100
Reno, NV 89511
775.786.0907 x8908
 
EN
08/02/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Plumas Bancorp

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: February 21, 2026

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: February 14, 2026

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights.com Daily Ratings Report: February 13, 2026

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights.com Daily Ratings Report: February 6, 2026

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

PLUMAS BANCORP ANNOUNCES STOCK REPURCHASE PROGRAM

PLUMAS BANCORP ANNOUNCES STOCK REPURCHASE PROGRAM RENO, Nev., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC) (the “Company”), the parent company of Plumas Bank, today announced that its Board of Directors has authorized a stock repurchase program under which the Company may repurchase up to $25 million of its outstanding common stock through the fourth quarter of 2026. Repurchases may be executed through open market purchases, privately negotiated transactions, block trades, or other means in accordance with applicable securities laws. The actual timing, number, and value...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch