Plumas to merge with Cornerstone for $65m.

Plumas, a full-service community bank, agreed to merge with Cornerstone, a bank holding company, for $65m. “We are thrilled to announce our merger agreement with Cornerstone [...] Our companies share a connection to the people and businesses who have built their livelihoods throughout Northern California. Bringing together the team of local experts at Cornerstone Community Bank with Plumas Bank’s technology and small business expertise offers even greater services for the markets we serve. We look forward to providing long-term value to our combined shareholders, clients, team members, and the communities we serve,” Andrew Ryback, Plumas President and CEO.