secwatch.observer — SEC 8-K summary
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Issuer:     Oak Valley Bancorp (OVLY)
CIK:        0001431567
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0001437749-21-017367
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oak Valley Bancorp Q2 net income $3.96M ($0.48 EPS); declares $0.145 dividend
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- Net income $3.96M ($0.48 diluted EPS) vs $4.36M ($0.53) prior Q and $2.58M ($0.32) year ago.
- Net interest income $11.99M, NIM 3.09% (down from 3.43% prior Q); PPP fee income declined to $2.2M.
- Total assets $1.76B (+$99M QoQ), deposits $1.61B (+$97M); gross loans down $85M on PPP forgiveness.
- Non-performing assets flat at $362K (0.02% of assets); no provision for loan losses recorded.
- Board declared $0.145/share cash dividend payable Aug 13, 2021 to holders of record Aug 2, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1431567/000143774921017367/0001437749-21-017367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1431567/000143774921017367/ovly20210721_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-017367

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