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Plumas Bancorp (PLBC) has issued an announcement.
Plumas Bank and Mountainseed Real Estate Services, LLC have mutually agreed to cancel their previous agreement regarding the sale and leaseback of three bank-operated administrative properties for $7.9 million. Despite this, the separate completed sale and leaseback deal for nine branch office properties between the two parties remains unaffected.
Learn more about PLBC stock on TipRanks’ Stock Analysis page.