Plumas Bank announces leadership changes in credit administration, promoting Kevin Kaiser and Ryan Riggan to key roles.
Quiver AI Summary
Plumas Bank has announced changes to its credit administration leadership team, effective January 1, 2026. Kevin Kaiser has been promoted to executive vice president and chief credit officer, succeeding Jeff Moore, who retired at the end of December 2025. Kaiser joined the bank in 2014, bringing nearly 40 years of industry experience in commercial and agricultural lending. He will oversee portfolio management, loan documentation, and credit services. Ryan Riggan has been appointed as credit administrator, having previously served as SBA credit manager since joining the bank in 2016. The leadership changes are part of Plumas Bank's strategy to ensure steady growth and risk management while supporting clients and communities. The announcement coincides with the bank's recent 45th anniversary, highlighting its commitment to service and stability.
Potential Positives
- Plumas Bank promotes from within, which reinforces stability and continuity in leadership, demonstrating a commitment to organizational culture and employee development.
- The appointment of experienced executives like Kevin Kaiser and Ryan Riggan is likely to enhance the bank's risk management and strategic execution, aligning with its long-term growth strategy.
- The leadership transition coincides with the bank's 45th anniversary, highlighting its enduring strength and commitment to the communities it serves, which may bolster client and investor confidence.
- Plumas Bank’s recent achievement of nationwide Preferred Lender status with the SBA positions it favorably in the market, potentially increasing its business opportunities and enhancing its reputation.
Potential Negatives
- The announcement of leadership changes may raise concerns about stability during a transition period, especially with the retirement of the former chief credit officer, which could affect investor and client confidence.
- There is a lack of external recruitment in the leadership changes, which might suggest a limited talent pool or reluctance to seek new ideas and perspectives within the organization.
- The timing of the leadership transition coinciding with the bank's 45th anniversary may be seen as an attempt to overshadow potential concerns regarding succession planning and continuity in management.
FAQ
What leadership changes were announced by Plumas Bank?
Plumas Bank promoted Kevin Kaiser to chief credit officer and Ryan Riggan to credit administrator effective January 1, 2026.
Who did Kevin Kaiser succeed at Plumas Bank?
Kevin Kaiser succeeded Jeff Moore, who retired as executive vice president and chief credit officer on December 31, 2025.
What experience does Kevin Kaiser bring to his new role?
Kaiser brings nearly 40 years of experience in commercial and agricultural lending, having joined Plumas Bank in 2014.
What is Ryan Riggan's background in banking?
Ryan Riggan has nearly 25 years of experience at financial institutions and joined Plumas Bank in 2016 as SBA credit manager.
How long has Plumas Bank been in operation?
Plumas Bank has been operating for 45 years since its founding in 1980, providing community banking services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
QUINCY, Calif., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Plumas Bank , a wholly-owned subsidiary of Plumas Bancorp, has announced recent changes to its credit administration leadership team. Effective Jan. 1, 2026, Kevin Kaiser, formerly senior vice president and credit administrator, has been promoted to executive vice president and chief credit officer. In addition, Ryan Riggan, formerly senior vice president and SBA credit manager, has assumed the role of credit administrator. Former Executive Vice President and Chief Credit Officer Jeff Moore announced his planned career retirement in October 2025, and Kaiser was named his successor. Moore’s last day was December 31, 2025.
Kaiser, who joined Plumas Bank in 2014, offers extensive experience in commercial and agricultural lending and a deep knowledge of the bank’s markets gained during nearly 40 years in the industry. As credit administrator, he worked alongside Moore, building strong relationships and institutional knowledge. In his role as chief credit officer, Kaiser now provides steady leadership for portfolio management, special assets, loan documentation, credit services, and loan servicing. Kaiser earned his bachelor’s degree from California State University, Chico, in Agricultural and Business Management, and he is a graduate of Pacific Coast Banking School. He is based in Chico, California.
Riggan, who joined the bank in 2016, now serves as senior vice president and credit administrator supporting the credit team’s continued progress. With nearly 25 years’ experience at national and regional financial institutions, Riggan has played a key role at Plumas Bank including updating government-guaranteed credit policies. Riggan earned his bachelor’s degree in management at University of Nevada, Reno, and is graduate of the Graduate School of Banking at Colorado. Riggan is based in Reno, Nevada.
“These changes reinforce our long-term strategy to drive sustainable growth, manage risk effectively, and deliver value to our clients and shareholders,” said Andrew J. Ryback, president and chief executive officer of Plumas Bank. “By promoting experienced leaders from within our organization, we ensure business continuity and strengthen our ability to execute on strategic priorities. With Jeff’s outstanding legacy and the leadership and expertise of Kevin and Ryan, Plumas Bank remains well positioned to support our clients, communities and investors into the future.”
This leadership transition comes as Plumas Bank recently celebrated its 45th anniversary, a testament to the institution’s enduring strength, stability, and commitment to the communities it serves. The transition underscores Plumas Bank’s strategy of advancing experienced team members who exemplify the reliability and dedication valued by clients and investors.
About Plumas Bank
Founded in 1980, Plumas Bank is a locally managed, full-service community bank headquartered in Quincy, California. The bank’s holding company, Plumas Bancorp [PLBC], was formed in 2002 and entered the Nasdaq small cap market in 2005. Plumas Bancorp is headquartered in Reno, Nevada. Plumas Bank operates nineteen branches: seventeen located in the California counties of Butte, Lassen, Nevada, Modoc, Plumas, Placer, Shasta, Sutter and Tehama, and two branches located in Nevada in the counties of Washoe and Carson City. The bank also operates loan production offices in the California county of Placer and the Oregon county of Klamath. Plumas Bank offers a wide range of financial services to consumers and businesses. It has received nationwide Preferred Lender status with the United States Small Business Administration with an SBA lending office serving seven western states. Member FDIC. Equal Housing Lender. For more information on Plumas Bank, visit
plumasbank.com
.
Media Contact:
Jamie Huynh
Assistant Corporate Secretary & Investor Relations Coordinator
Plumas Bank
5525 Kietzke Lane Ste. 100
Reno, NV 89511
775.786.0907 x8908
[email protected]
