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New Credit Leadership at Plumas Bank Reinforces Strength, Experience and Growth

MWN-AI** Summary

Plumas Bank, a subsidiary of Plumas Bancorp, has initiated significant changes in its credit administration leadership as of January 1, 2026, following the retirement of Jeff Moore, the former Executive Vice President and Chief Credit Officer. Kevin Kaiser, who has been with Plumas since 2014 and boasts nearly four decades of industry experience, has been elevated to the role of Executive Vice President and Chief Credit Officer. In his new position, Kaiser is expected to provide strong leadership across portfolio management, credit services, and loan servicing, leveraging his deep understanding of commercial and agricultural lending within the bank’s operational territories.

Ryan Riggan has been promoted to the role of Credit Administrator, after successfully managing the SBA credit team. Since joining Plumas Bank in 2016, Riggan has significantly contributed to enhancing government-guaranteed credit policies, drawing from nearly 25 years of experience in institutional finance. His academic credentials include a bachelor’s degree in management from the University of Nevada, Reno, and graduation from the Graduate School of Banking at Colorado.

Andrew J. Ryback, President and CEO of Plumas Bank, emphasized that promoting seasoned leaders from within the organization supports the bank's strategic goals of sustainable growth, risk management, and value delivery to clients and shareholders. This leadership transition aligns with Plumas Bank’s 45-year legacy of stability and community commitment, reinforcing its mission to meet the financial needs of its clients while ensuring business continuity. The bank operates nineteen branches across California and Nevada and has a reputation for its community-focused services, having achieved the status of a nationwide Preferred Lender with the SBA. For further information, visit plumasbank.com.

MWN-AI** Analysis

The recent leadership changes at Plumas Bank herald a significant opportunity for investors and stakeholders, reinforcing the institution's long-term strategy aimed at sustainable growth and effective risk management. Kevin Kaiser, now the executive vice president and chief credit officer, brings nearly four decades of experience, particularly in commercial and agricultural lending. His familiarity with the bank's operations and his longstanding relationship with former Chief Credit Officer Jeff Moore position him well to maintain continuity and drive improvements in credit administration.

In a rapidly evolving banking landscape, the transition from Moore to Kaiser signals a focus on business continuity, which is crucial for investor confidence. Kaiser's ascent reflects a commitment to leveraging internal talent, reassuring both clients and shareholders of Plumas Bank's stable leadership foundation. Complementing Kaiser in this leadership structure is Ryan Riggan, whose extensive background in government-guaranteed credit policies will help bolster the bank’s offerings, particularly in helping small businesses navigate financing options.

As Plumas Bank celebrates its 45th anniversary, this transition aligns with a broader strategy to enhance service delivery and operational efficiency. The bank’s improved focus on portfolio management, loan services, and documentation under Kaiser’s guidance could mitigate risks associated with credit quality and defaults, particularly in a potentially volatile economic environment.

For potential investors in Plumas Bancorp (PLBC), these leadership shifts represent a strategic pivot that promises operational resilience and client-focused service improvements. Investors may consider taking positions in PLBC as the transitions suggest a more robust framework for future growth and enhanced shareholder value. As the bank continues to adapt and evolve within its community banking model, it remains well positioned to capitalize on long-term opportunities, particularly as it supports the small business sector through its Preferred Lender status with the SBA.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

QUINCY, Calif., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp, has announced recent changes to its credit administration leadership team. Effective Jan. 1, 2026, Kevin Kaiser, formerly senior vice president and credit administrator, has been promoted to executive vice president and chief credit officer. In addition, Ryan Riggan, formerly senior vice president and SBA credit manager, has assumed the role of credit administrator. Former Executive Vice President and Chief Credit Officer Jeff Moore announced his planned career retirement in October 2025, and Kaiser was named his successor. Moore’s last day was December 31, 2025.

Kaiser, who joined Plumas Bank in 2014, offers extensive experience in commercial and agricultural lending and a deep knowledge of the bank’s markets gained during nearly 40 years in the industry. As credit administrator, he worked alongside Moore, building strong relationships and institutional knowledge. In his role as chief credit officer, Kaiser now provides steady leadership for portfolio management, special assets, loan documentation, credit services, and loan servicing. Kaiser earned his bachelor’s degree from California State University, Chico, in Agricultural and Business Management, and he is a graduate of Pacific Coast Banking School. He is based in Chico, California.

Riggan, who joined the bank in 2016, now serves as senior vice president and credit administrator supporting the credit team’s continued progress. With nearly 25 years’ experience at national and regional financial institutions, Riggan has played a key role at Plumas Bank including updating government-guaranteed credit policies. Riggan earned his bachelor’s degree in management at University of Nevada, Reno, and is graduate of the Graduate School of Banking at Colorado. Riggan is based in Reno, Nevada.

“These changes reinforce our long-term strategy to drive sustainable growth, manage risk effectively, and deliver value to our clients and shareholders,” said Andrew J. Ryback, president and chief executive officer of Plumas Bank. “By promoting experienced leaders from within our organization, we ensure business continuity and strengthen our ability to execute on strategic priorities. With Jeff’s outstanding legacy and the leadership and expertise of Kevin and Ryan, Plumas Bank remains well positioned to support our clients, communities and investors into the future.”

This leadership transition comes as Plumas Bank recently celebrated its 45th anniversary, a testament to the institution’s enduring strength, stability, and commitment to the communities it serves. The transition underscores Plumas Bank’s strategy of advancing experienced team members who exemplify the reliability and dedication valued by clients and investors.

About Plumas Bank
Founded in 1980, Plumas Bank is a locally managed, full-service community bank headquartered in Quincy, California. The bank’s holding company, Plumas Bancorp [PLBC], was formed in 2002 and entered the Nasdaq small cap market in 2005. Plumas Bancorp is headquartered in Reno, Nevada. Plumas Bank operates nineteen branches: seventeen located in the California counties of Butte, Lassen, Nevada, Modoc, Plumas, Placer, Shasta, Sutter and Tehama, and two branches located in Nevada in the counties of Washoe and Carson City. The bank also operates loan production offices in the California county of Placer and the Oregon county of Klamath. Plumas Bank offers a wide range of financial services to consumers and businesses. It has received nationwide Preferred Lender status with the United States Small Business Administration with an SBA lending office serving seven western states. Member FDIC. Equal Housing Lender. For more information on Plumas Bank, visit plumasbank.com.

Media Contact:

Jamie Huynh
Assistant Corporate Secretary & Investor Relations Coordinator
Plumas Bank
5525 Kietzke Lane Ste. 100
Reno, NV 89511
775.786.0907 x8908
investorrelations@plumasbank.com


FAQ**

How do the recent leadership changes at Plumas Bank impact the strategic direction of Plumas Bancorp PLBC, particularly in relation to risk management and sustainable growth?

The recent leadership changes at Plumas Bank signify a potential shift in strategic direction for Plumas Bancorp (PLBC), likely enhancing risk management practices and emphasizing sustainable growth initiatives to navigate evolving market conditions.

What specific strategies will Kevin Kaiser, the new chief credit officer, implement to reinforce the values of Plumas Bancorp PLBC in client services and community engagement?

Kevin Kaiser will implement strategies focused on enhancing client communication, promoting financial literacy, and fostering community partnerships to reinforce Plumas Bancorp PLBC's commitment to exceptional service and community engagement.

Given Ryan Riggan's new role as credit administrator, what updates to credit policies can we expect from Plumas Bank under Plumas Bancorp PLBC's direction?

Under Ryan Riggan's leadership as credit administrator, we can expect Plumas Bank to implement updated credit policies that enhance risk management, streamline approval processes, and align with Plumas Bancorp's strategic objectives to foster responsible lending practices.

How does Plumas Bancorp PLBC plan to leverage its 45-year history and new leadership to enhance shareholder value in the coming years?

Plumas Bancorp (PLBC) aims to leverage its 45-year history and new leadership by implementing strategic growth initiatives, enhancing operational efficiency, and focusing on community engagement to drive sustainable profitability and increase shareholder value.

**MWN-AI FAQ is based on asking OpenAI questions about Plumas Bancorp (NASDAQ: PLBC).

Plumas Bancorp

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