{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-028660","form_type":"8-K","ticker":"OVLY","cik":"0001431567","company_name":"Oak Valley Bancorp","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.054463+00:00","generated_at":"2026-06-09T18:21:17.280140+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Oak Valley Bancorp Q3 net income $7.35M ($0.89 EPS); net interest margin contracts to 4.34%","bullets":["Net income $7.354M ($0.89 EPS) vs $8.404M ($1.02) prior quarter and $6.8M ($0.83) year ago.","Net interest income $18.938M vs $19.407M prior quarter; net interest margin 4.34% (down from 4.45%).","Gross loans $971.2M (+$20.8M QoQ, +$59.0M YoY); deposits $1.67B (-$15.8M QoQ, -$164.3M YoY).","Non-performing assets remain at zero; allowance for credit losses at 1.00% of gross loans.","$300K provision for credit losses driven by loan growth and macro-economic conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-028660","json":"https://secwatch.observer/filing/0001437749-23-028660.json","markdown":"https://secwatch.observer/filing/0001437749-23-028660.md","text":"https://secwatch.observer/filing/0001437749-23-028660.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1431567/000143774923028660/0001437749-23-028660-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1431567/000143774923028660/ovly20231019_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T18:21:17.280140+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":"65774ab995880c7fbc72ba8488d91b3448275d7c","claim":"Oak Valley Bancorp reported the three months ended September 30, 2023 results: net income $7,354,000, EPS $0.89 per diluted share.","evidence_excerpt":"For the three months ended September 30, 2023, consolidated net income was $7,354,000, or $0.89 per diluted share (EPS), as compared to $8,404,000, or $1.02 EPS, for the prior quarter and $6,800,000, or $0.83 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/1431567/000143774923028660/0001437749-23-028660-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2023"},{"label":"Net income","value":"$7,354,000"},{"label":"EPS","value":"$0.89 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"}