{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-020509","form_type":"8-K","ticker":"OVLY","cik":"0001431567","company_name":"Oak Valley Bancorp","filed_at":"2023-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.907580+00:00","generated_at":"2026-06-13T04:09:24.694653+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Oak Valley Bancorp Q2 net income $8.4M ($1.02 EPS), dividend $0.16","bullets":["Net income $8.404M ($1.02 diluted EPS) vs $9.225M ($1.12) prior Q1 and $4.258M ($0.52) year ago.","Net interest income $19.407M, net interest margin 4.45% vs 2.98% a year ago; deposit cost rose to 0.16%.","Deposits fell $86.8M from March 31 to $1.68B; loans grew $23.7M to $950.5M; cash & equivalents $301M.","No non-performing assets; ACL at 0.99% of loans; no provision for credit losses in Q2.","Board declared $0.16/share dividend, payable Aug 11, 2023 to holders of record July 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-020509","json":"https://secwatch.observer/filing/0001437749-23-020509.json","markdown":"https://secwatch.observer/filing/0001437749-23-020509.md","text":"https://secwatch.observer/filing/0001437749-23-020509.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1431567/000143774923020509/0001437749-23-020509-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1431567/000143774923020509/ovly20230721_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:09:24.694653+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5b38d61bf8733692a9e4637679fdc6f7efa962fa","claim":"Oak Valley Bancorp reported the six months ended June 30, 2023 results: net income $17,629,000, EPS $2.14 EPS.","evidence_excerpt":"Consolidated net income for the six months ended June 30, 2023 was $17,629,000, or $2.14 EPS, compared to $6,627,000 or $0.81 EPS for the same period of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431567/000143774923020509/0001437749-23-020509-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Net income","value":"$17,629,000"},{"label":"EPS","value":"$2.14 EPS"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c5bea80f4cf6ad55d896dec64f85ba10ae0e808e","claim":"Oak Valley Bancorp reported the three months ended June 30, 2023 results: net income $8,404,000, EPS $1.02 per diluted share.","evidence_excerpt":"For the three months ended June 30, 2023, consolidated net income was $8,404,000, or $1.02 per diluted share (EPS), as compared to $9,225,000, or $1.12 EPS, for the prior quarter and $4,258,000, or $0.52 EPS, for the same period a year ago.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431567/000143774923020509/0001437749-23-020509-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Net income","value":"$8,404,000"},{"label":"EPS","value":"$1.02 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}