Plumas Bancorp Announces Chief Financial Officer Transition
Key Highlights
- ➤CFO Richard Belstock retires effective January 1, 2027
- ➤Kelsey Cassinelli succeeds Belstock as CFO and Principal Financial Officer
- ➤Belstock remains Special Assistant to the President during the transition
- ➤Cassinelli joined Plumas Bancorp in April 2026 after KPMG finance roles
Expert Statements
Andy Ryback, President and Chief Executive Officer of Plumas Bancorp and Plumas Bank
“Rick has provided dedicated financial leadership to Plumas Bancorp and Plumas Bank, and we appreciate his many contributions to the organization,”
Andy Ryback, President and Chief Executive Officer of Plumas Bancorp and Plumas Bank
“We are also pleased that Rick has agreed to remain with the Bank in a continuing role and provide support during this transition.”
Andy Ryback, President and Chief Executive Officer of Plumas Bancorp and Plumas Bank
“Kelsey has demonstrated strong accounting and financial reporting expertise and a thorough understanding of our organization. The Board and management team are confident in her ability to assume the Chief Financial Officer role and help lead the Company forward.”
QUINCY, California, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq: PLBC), the holding company for Plumas Bank, announced today that Richard Belstock will retire from his position as Executive Vice President and Chief Financial Officer of Plumas Bancorp and Plumas Bank effective January 1, 2027. The Board of Directors has appointed Kelsey Cassinelli, currently Senior Vice President and Principal Accounting Officer, to succeed Mr. Belstock as Executive Vice President, Chief Financial Officer and Principal Financial Officer effective the same date.
Following his retirement as Chief Financial Officer, Mr. Belstock will continue with Plumas Bank as Special Assistant to the President. In this role, he will support the President and the Bank's executive management team during the leadership transition and on other matters as requested. Mr. Belstock has served as Executive Vice President and Chief Financial Officer of Plumas Bancorp and Plumas Bank since 2011.
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