ITEM 2 – PROPERTIES
−Removed: As of December 31, 2024, the Company and the Bank are engaged in the banking business through 15 offices in five counties in Northern California operating out of three offices in Solano County, five
−Removed: in Yolo County, two in Sacramento County, two in Placer County, two in Glenn County and one in Colusa County.
+Added: As of December 31, 2025, the Company and the Bank are engaged in the banking business through 15 offices in five counties in Northern California operating out of three offices in Solano County, five in Yolo County, two in Sacramento County, two in Placer County, two in Glenn County and one in Colusa County.
In addition, the Company owns three vacant lots, two in northern Solano County and one in eastern Sacramento County.
+Added: The lot in eastern Sacramento is listed for sale and is classified as other real estate owned as of December 31, 2025.
As of December 31, 2025, the Bank owns six branch office locations and two administrative facilities and leases 10 facilities.
−Removed: Most of the leases contain multiple renewal options and provisions for
−Removed: rental increases, principally for changes in the cost of living index, property taxes and maintenance.
+Added: Most of the leases contain multiple renewal options and provisions for rental increases, principally for changes in the cost of living index, property taxes and maintenance.
See Item 1 “Business - General” in this report for more information regarding our properties.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.