QUINCY, CA -- (MARKET WIRE) -- 10/07/05 --
The Board of Directors announced
that Douglas N. Biddle has been appointed the president
and chief executive officer of Plumas Bancorp (NASDAQ: PLBC), the bank holding company and parent company of Plumas
Bank. Most recently he was president and chief operating
officer of Plumas Bank and executive vice president and
chief operating officer of Plumas Bancorp. William E.
Elliott, Biddle's predecessor, officially retired on October
5, 2005 after 18 1/2 years of leadership. Elliott will
continue to be involved in the company as a member of the
board.
Chairman of the board, Jerry Kehr, commented, "Doug
recognizes the big benefits that a community bank like ours
can deliver to its public, and is enthusiastic about the
opportunity to demonstrate these benefits to consumers and
business owners." He concluded, "On behalf of the entire
board, we congratulate Doug and look forward to the
continued success of the company."
Biddle has been with Plumas Bank for over 15 years. He moved
to Quincy and joined Plumas Bank in 1990 as senior vice
president and chief administrative officer. In 2000 he was
promoted to executive vice president and chief
administrative officer, and in March 2005 he was promoted to
president and chief operating officer. Biddle has played a
vital role in assisting Bill Elliott in the management of
the Bank for several years.
Biddle commented, “It is an honor to follow Bill Elliott as
president and chief executive officer of Plumas Bancorp. I
am looking forward to the challenge of leading and
supporting the outstanding employees of Plumas Bank, who
daily demonstrate such dedication to the customers and
communities we serve.”
A lifelong Californian, he was born in Fairfield and
graduated from the University of California at Davis with a
Bachelor of Arts degree in Political Science. He received
his Master’s of Business Administration from the John
Anderson School of Management at the University of
California at Los Angeles. He and his wife Barbara have
three grown children. Mr. Biddle is an active member of his
church, and enjoys camping, golf, tennis and bridge.
Plumas Bank, with over $470 million in assets, is the only
locally managed community bank headquartered in northeastern
California. It offers a full range of consumer and
commercial banking and investment services through its
twelve full-service offices and five additional independent
ATM sites. In its 25th year, the bank serves the financial
needs of local families and businesses in Modoc, Shasta,
Plumas, Lassen, Sierra, Nevada, and Placer Counties.
Elizabeth KuipersPlumas Bank
530.283.7305 x8912
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