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0001168455
0001168455
2020-10-01
2020-10-01
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): October 1, 2020
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PLUMAS BANCORP
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(Exact name of registrant as specified in its charter)
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California
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000-49883
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75-2987096
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(State or other jurisdiction of
incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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35 S. Lindan Avenue, Quincy, CA
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95971
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (530) 283-7305
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Not Applicable
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(Former name or former address, if changed since last report.)
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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):
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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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
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock
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PLBC
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The Nasdaq Stock Market LLC
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Item 8.01 Other Events.
On October 1, 2020, Plumas Bancorp’s wholly-owned subsidiary, Plumas Bank (the “Bank”), became a member of the Federal Reserve System and purchased stock of the Federal Reserve Bank of San Francisco, which is a condition of membership.
As a member of the Federal Reserve System, the Bank’s primary federal regulator will be the Board of Governors of the Federal Reserve System. As a California-chartered bank, the Bank continues to be subject to supervision and regulation by the California Department of Business Oversight. The Bank’s membership is not expected to affect the Bank’s customers in any way. Deposits at the Bank continue to be insured by the Federal Deposit Insurance Corporation up to applicable limits.
SIGNATURE
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
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Dated: October 1, 2020
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By:
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/s/ Richard L. Belstock
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Name: Richard L. Belstock
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Title: Chief Financial Officer
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