Plumas in Calif. Plans Nevada Expansion

Plumas Bank in Quincy, Calif., is looking to convert its loan-production office in Reno, Nev., into a full-service branch.

If approved by federal regulators, the branch would be Plumas' first outside of its home state and 12th overall. The bank also has loan production offices in Chico, Calif., and Portland, Ore.

Plumas, with $538 million of assets, already makes loans in northern Nevada and recently hired a Reno native, Ryan Reynolds, to head up its commercial lending in the region.

"For the past several years we have been looking for an opportunity to expand our banking services into northern Nevada," Plumas President and Chief Executive Officer Andrew Ryback said in a press release.

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