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PLUMAS BANCORP Capital/Financing Update 2018

May 23, 2018

33326_rns_2018-05-23_74fe8f0b-1988-4ba1-95ca-b334900f2750.zip

Capital/Financing Update

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8-K 1 plbc20180522_8k.htm FORM 8-K plbc20180522_8k.htm Created by RDG HTML Converter v1.1.0.0 5/22/2018 9:46:19 AM

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): May 22 , 201 8

PLUMAS BANCORP
(Exact name of registrant as specified in its charter)
California 000-49883 75-2987096
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
35 S. Lindan Avenue, Quincy, CA 95971
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (530) 283-7305

Not Applicable
(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 ☐

Item 8.01 Other Events.

On May 22, 2018, Plumas Bancorp announced the execution of a branch purchase and assumption agreement by its wholly owned subsidiary, Plumas Bank. Under the agreement, Plumas Bank would purchase and assume substantially all of the assets and deposits of Mutual of Omaha Bank’s Carson City, Nevada branch office.

The transaction has been approved by both Plumas Bank’s and Mutual of Omaha Bank’s Boards of Directors. Completion of the transaction is subject to customary closing conditions, including regulatory approvals.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release Announcing Agreement to Purchase Branch Office

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.

/s/ Richard L. Belstock
Name: Richard L. Belstock
Title: Chief Financial Officer