secwatch.observer — SEC 8-K summary
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Issuer:     Oak Valley Bancorp (OVLY)
CIK:        0001431567
Form:       8-K
Filed at:   2022-01-24T23:59:59+00:00
Accession:  0001437749-22-001479
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oak Valley Bancorp Q4 net income $3.5M ($0.42 EPS); declares $0.15 dividend
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- Q4 net income $3.5M down from $4.6M in Q3 and $4.6M in Q4 2020; full-year net income $16.3M up 19.4%.
- Diluted EPS Q4 $0.42 vs $0.56 in Q3; full year $2.00 vs $1.68 in 2020.
- Net interest margin 2.55% in Q4 vs 3.49% a year ago; PPP fee income declined to $1.25M.
- Board declared $0.15 per share cash dividend payable Feb 11, 2022 to holders of record Jan 31.
- Non-performing assets remained at zero; allowance for loan losses at 1.25% of gross loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1431567/000143774922001479/0001437749-22-001479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1431567/000143774922001479/ovly20220121_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-001479

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