Item 1.01 Entry into a Material Definitive Agreement.
On February 18, 2026, the Board of Directors of Plumas Bancorp (the "Company") and its subsidiary, Plumas Bank (the "Bank"), entered into indemnification agreements for Kevin Kaiser, EVP/Chief Credit Officer, appointed on January 1, 2026. The indemnification agreements require the Company and the Bank to indemnify their directors and executive officers and to advance expenses on their behalf to the fullest extent permitted by applicable law and establish the procedures by which a director or executive officer may request and receive indemnification. The agreements are in addition to other rights to which a director or executive officer may be entitled under the Company's or the Bank's articles of incorporation, bylaws and applicable law.
The foregoing summary description of the indemnification agreements is not intended to be complete and is qualified in its entirety by the complete text of the forms of indemnification agreements filed as Exhibits 10.1 and 10.2 to the Registrant's Form 8-K filed August 20, 2020 which is incorporated by this reference herein.