---
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"
generated_at: "2026-06-09T18:21:17.280140+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Oak Valley Bancorp Q3 net income $7.35M ($0.89 EPS); net interest margin contracts to 4.34%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028660
- JSON: https://secwatch.observer/filing/0001437749-23-028660.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028660.txt

## Key facts
- Earnings Releases
  Oak Valley Bancorp reported the three months ended September 30, 2023 results: net income $7,354,000, EPS $0.89 per diluted share.
  - Period: the three months ended September 30, 2023
  - Net income: $7,354,000
  - EPS: $0.89 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431567/000143774923028660/0001437749-23-028660-index.htm

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