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.
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