---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-009569"
form_type: "8-K"
ticker: "OVLY"
cik: "0001431567"
company_name: "Oak Valley Bancorp"
filed_at: "2022-04-25T23:59:59+00:00"
generated_at: "2026-06-26T05:01:02.191051+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Oak Valley Bancorp Q1 net income $2.37M ($0.29 EPS), down 46% YoY from $0.53 EPS

## Summary
- Net income $2.37M ($0.29 diluted EPS) vs $4.36M ($0.53) a year ago; sequential decline from $3.47M ($0.42).
- Net interest margin compressed to 2.51% from 3.43% YoY; PPP loan fee income fell to $487K from $2.59M.
- Total assets $1.95B, deposits $1.80B; non-performing assets remain at zero.
- No provision for loan losses in Q1; allowance for loan losses at 1.25% of gross loans.
- Loan growth ex-PPP of $47.2M and investment portfolio growth of $133.5M over 12 months.

## SEC filing metadata
- accession: 0001437749-22-009569
- form_type: 8-K
- ticker: OVLY
- cik: 0001431567
- company_name: Oak Valley Bancorp
- filed_at: 2022-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1431567/000143774922009569/0001437749-22-009569-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1431567/000143774922009569/ovly20220421_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-009569
- JSON: https://secwatch.observer/filing/0001437749-22-009569.json
- Plain text: https://secwatch.observer/filing/0001437749-22-009569.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.