Plumas Bancorp Approves 2026 Incentive Plan Tied to Performance Metrics

Reuters
01/26
<a href="https://laohu8.com/S/PLBC">Plumas Bancorp</a> Approves 2026 Incentive Plan Tied to Performance Metrics

Plumas Bancorp has approved a new cash non-equity incentive plan for 2026, covering all Plumas Bank employees who work at least 20 hours per week. The plan features two bonus pools—one for officers, comprising 90.9% of the total, and another for other employees. Incentives will be paid if the bank’s return on assets (ROA) exceeds the 50th percentile compared to a peer group of commercial banks with assets between $1 billion and $3 billion as of September 30, 2026. The maximum potential bonus pool is capped at 8.8% of the bank’s pretax, pre-bonus income. At the 80.8th percentile, the pool would be 5.5% of pretax, pre-bonus income. The CEO and President can receive up to 11.6% of the officers’ pool, while each Executive Vice President can earn up to 4.05%. CEO incentive payouts will be based on ROA performance, attainment of performance goals and metrics, and evaluation by the Board’s Corporate Governance and Compensation Committee. The plan allows the Board to modify or terminate the program at its discretion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plumas Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-001817), on January 23, 2026, and is solely responsible for the information contained therein.

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