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Plumas Bancorp Completes Sale of Administrative Offices and Enters Lease Agreement

Nov 24, 2025•7 months ago

Contract Type

real_estate_transaction

QuincyFinancial ServicesFinanceLendingBanking

Description

On November 19, 2025, Plumas Bank completed the sale of two administrative offices in Quincy, California, to BBS Branch III, LLC for $5,550,000. Concurrently, Plumas Bank entered into triple net lease agreements to lease back the sold properties. These agreements have an initial term of 15 years with renewal options. The annual rent for the lease agreements is approximately $463,000.

Company Information

Company

Plumas Bancorp

Location

Quincy, California, United States

About

Plumas Bancorp (Nasdaq: PLBC) is a financial holding company with approximately $2.3 billion in assets, offering a range of banking and financial services. With 19 branches throughout Northern California and Western Nevada, Plumas is committed to providing superior products, services, and support to the communities it serves.

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