Plumas Bank Reveals Retirement of Chief Credit Officer Jeff Moore at Year-End; Kevin Kaiser Appointed as Successor
Retirement Announcement: Jeff Moore, Executive Vice President and Chief Credit Officer of Plumas Bank, will retire at the end of the year after leading significant advancements in the bank's credit operations since 2018.
Leadership Transition: Kevin Kaiser, currently SVP/Credit Administrator, will succeed Moore as Chief Credit Officer, ensuring continuity and stability in the bank's credit functions due to his extensive experience and familiarity with the bank's operations.
Trade with 70% Backtested Accuracy
Analyst Views on PLBC
About PLBC
About the author

- Repurchase Program Approval: Plumas Bancorp's board has approved a stock repurchase program of up to $25 million, expected to run through Q4 2026, reflecting the company's confidence in its stock value.
- Funding Sources Defined: The repurchase is anticipated to be funded through available cash and retained earnings, which not only enhances the company's financial flexibility but also indicates management's optimistic outlook on future profitability.
- Market Reaction Anticipated: Stock repurchase programs are typically viewed as a positive signal for shareholder value enhancement, likely leading to a short-term positive impact on the stock price and attracting more investor interest.
- Long-term Strategic Consideration: By implementing this repurchase plan, Plumas Bancorp aims to optimize its capital structure and enhance earnings per share, further solidifying its position in a competitive financial market.
- Dividend Increase: Plumas Bancorp has declared a quarterly dividend of $0.33 per share, marking a 10% increase from the previous $0.30, which reflects the company's ongoing profitability improvement and boosts investor confidence.
- Yield Performance: The forward yield of 2.66% offers investors a stable cash return, further attracting income-seeking investors to the stock, enhancing its appeal in the market.
- Payment Schedule: The dividend is payable on February 18, with a record date of February 4 and an ex-dividend date also on February 4, ensuring shareholders receive their earnings promptly and enhancing the company's reputation among investors.
- Financial Transparency: Plumas Bancorp provides a detailed dividend scorecard and earnings data, which enhances market trust in its financial health while also offering potential investors a basis for decision-making.

- Leadership Transition: Plumas Bank appointed Kevin Kaiser as Chief Credit Officer effective January 1, 2026, succeeding the retiring Jeff Moore, with Kaiser bringing nearly 40 years of industry experience since joining in 2014, ensuring continuity and stability in credit management.
- New Appointment Impact: Ryan Riggan has been promoted to Credit Administrator, supporting the credit team's ongoing progress, leveraging nearly 25 years of experience in financial institutions to enhance the bank's credit capabilities, particularly in updating government-guaranteed credit policies.
- Strategic Goals Reinforcement: CEO Andrew J. Ryback emphasized that this leadership change aims to drive sustainable growth, manage risk effectively, and deliver value to clients and shareholders, reflecting the bank's commitment to internal talent development.
- Historical Milestone: This transition coincides with Plumas Bank's 45th anniversary, highlighting its enduring strength and stability in community service while reinforcing the reliable image it has established among clients and investors.
Analyst Recommendation: Piper Sandler has maintained an Overweight rating for Plumas Bancorp (NasdaqCM:PLBC), with a one-year price target average of $56.44/share, indicating a potential upside of 31.87% from its current price of $42.80/share.
Fund Sentiment and Ownership Changes: There are 194 funds reporting positions in Plumas Bancorp, with a slight decrease in ownership. Notable changes include Siena Capital Partners maintaining its stake, while Fidelity Low-Priced Stock Fund and De Lisle Partners reduced their holdings, and Manufacturers Life Insurance Company increased its ownership.
Dividend Announcement: Plumas Bancorp declared a quarterly cash dividend of $0.30 per share, payable on November 17, 2025, to stockholders of record as of November 3, 2025.
Company Overview: Plumas Bank, a subsidiary of Plumas Bancorp, is a community bank founded in 1980, with 19 branches in Northeastern California and Northern Nevada, recognized as one of the top-performing community banks in the U.S.

Retirement Announcement: Jeff Moore, Executive Vice President and Chief Credit Officer of Plumas Bank, will retire at the end of the year after leading significant advancements in the bank's credit operations since 2018.
Leadership Transition: Kevin Kaiser, currently SVP/Credit Administrator, will succeed Moore as Chief Credit Officer, ensuring continuity and stability in the bank's credit functions due to his extensive experience and familiarity with the bank's operations.







