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Plumas Bancorp Receives Nationwide Recognition from Two Prestigious Companies: D.A. Davidson’s Fall 2020 Bison Select and Piper Sandler’s Sm-All Stars
QUINCY, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ: PLBC), the parent company of Plumas Bank, is pleased to announce that for two
About this update from Plumas Bancorp
[{"type":"text","content":"QUINCY, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ: PLBC), the parent company of Plumas Bank, is pleased to announce that for two consecutive years it has received nationwide recognition from two prestigious companies. Plumas Bancorp has met the criteria to be included in D.A. Davidson’s Fall 2020 Bison Select Report and was also selected for the Piper Sandler Sm-All Stars Class of 2020. A shared goal of both organizations is to bring recognition to top-performing banks that otherwise may not be noticed by investors.\n D.A. Davidson’s Fall 2020 Bison Select Report - This report features 75 small and micro-cap banks representing D.A. Davidson's Mid-Atlantic, Midwest, Northwest, Southeast, and Southwest bank research coverage regions. Bison Select candidates are identified using the following selection parameters: publicly traded banks that do not have formal sell-side coverage; have market caps that typically range from $25M-$250M; and, meet specific performance thresholds based on ROA, efficiency, credit quality, and capital. Piper Sandler Sm-All Stars Class of 2020 - Plumas Bancorp was one of 35 publicly traded banks and thrifts to be named to the Piper Sandler Sm-All Stars Class of 2020. \"The objective of the Sm-All Stars is to identify the high quality, top performing small-cap banks and thrifts in the country,\" Piper Sandler announced. \"In doing this, we hope to uncover the next crop of stellar mid-cap banks before they are discovered by the rest of the world.\" To earn Sm-All Star status, companies needed to have a market capitalization below $2.5 billion and demonstrate strong metrics with regard to growth, profitability, credit quality, and capital strength. “Plumas Bancorp is pleased and honored to have met the criteria to be included in D.A. Davidson’s Fall 2020 Bison Select Report and to be selected to the Piper Sandler Sm-All Stars Class of 2020 for the second year in a row,” commented Plumas Bancorp and Plumas Bank Director, President & Chief Executive Officer, Andrew J. Ryback. “These awards acknowledge Plumas Bancorp’s status among the highest performing institutions nationwide and reflect our focus on developing a high performing organization that delivers strong value for our clients, shareholders, and the communities in which we invest. The commitment and focus of our directors and exec...