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Plumas Bancorp (PLBC) Promotes Richard Belstock And Kerry Wilson To Executive Vice President Roles

|Includes: Plumas Bancorp (PLBC)

Bank holding company and Plumas Bank's parent company, Plumas Bancorp, recently announced that they have promoted Richard L. Belstock to executive vice president, CFO and Kerry D. Wilson to executive vice president, chief credit officer.

Mr. Belstock was appointed senior vice president and CFO of the company and the bank in November 2011, but has been with the company since June 2006. As chief financial officer, he now manages accounting, internal audit, and risk management. His duties include financial reporting, budgeting, asset/liability management, and internal controls. Belstock is a Phi Beta Kappa graduate of the University of Colorado with a Bachelor of Arts degree in Mathematics. He also holds a Masters of Accountancy degree from the University of Denver. He has over 30 years of experience in financial accounting and regulatory reporting with 10 of those years as controller and chief accounting officer for Sierra West Bancorp in Truckee. Belstock has been a licensed Certified Public Accountant since 1980.

As chief credit officer, Mr. Wilson manages the Plumas Bank's loan portfolio. This involves developing, directing, and controlling all lending activities and ensuring that all lending policies and procedures are followed. Having been with the company since 1997, Mr. Wilson received his new title in February 2012. Before that, he served as the senior vice president, credit administrator. For the six years prior, he served as vice president, manager of Plumas Bank's agricultural services department in Alturas. Wilson graduated Magna Cum Laude from Chico State University with a Bachelor of Science degree in Agricultural Business. He also completed a two-year program at the Western Agricultural Credit School at Washington State University. In 2007, he graduated from a three year graduate level program at the Pacific Coast Banking School located at the University of Washington. Outside of work, Wilson enjoys outdoor activities, traveling, and spending time with his family.

Andrew J. Ryback, president and chief executive officer, commented, "The Board of Directors and I are pleased to acknowledge Richard Belstock and Kerry Wilson through these two very well-deserved promotions. Their strategic insight, dedication and focus have made them an integral part of our executive team and we look forward to their continued contributions."

Ryback continued, "Richard's financial industry knowledge and senior-level management experience combined with Kerry's lending expertise and strategic focus have been crucial to our successful navigation through these challenging times. We are very fortunate to have both Richard and Kerry on Plumas Bank's executive team."

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