{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-001843","form_type":"8-K","ticker":"OVLY","cik":"0001431567","company_name":"Oak Valley Bancorp","filed_at":"2024-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.171018+00:00","generated_at":"2026-06-06T20:34:31.510850+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Oak Valley Bancorp Q4 EPS $0.71, down from $0.89 prior qtr; full-year record $3.75 EPS; $0.225 dividend","bullets":["Q4 net income $5.865M ($0.71 EPS) vs $7.354M ($0.89) prior qtr and $9.475M ($1.15) year ago.","Full-year 2023 net income $30.848M ($3.75 EPS), up 34.7% from $22.902M ($2.79) in 2022.","Net interest margin 4.15% in Q4 (down from 4.34% prior qtr); full-year margin 4.33% vs 3.32% in 2022.","Gross loans $1.02B (+$100.8M YoY); deposits $1.65B (-$163.8M YoY); Q4 credit provision $1.13M; ACL 1.07%.","Board declared $0.225 per share cash dividend, record Jan 29, 2024, pay Feb 9, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-001843","json":"https://secwatch.observer/filing/0001437749-24-001843.json","markdown":"https://secwatch.observer/filing/0001437749-24-001843.md","text":"https://secwatch.observer/filing/0001437749-24-001843.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924001843/0001437749-24-001843-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924001843/ovly20240119_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:34:31.510850+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":"199a1d1a01a74010a1c6b93849e5af4e4ebb7524","claim":"Oak Valley Bancorp reported year ended December 31, 2023 results: net income 30,848,000, EPS 3.75.","evidence_excerpt":"Consolidated net income for the year ended December 31, 2023, totaled $30,848,000, or $3.75 EPS","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924001843/0001437749-24-001843-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2023"},{"label":"Net income","value":"30,848,000"},{"label":"EPS","value":"3.75"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"60a20bd1a127f506369a8298e6fb7166635f6c92","claim":"Oak Valley Bancorp reported three months ended December 31, 2022 results: net income 9,475,000, EPS 1.15.","evidence_excerpt":"For the three months ended December 31, 2023, consolidated net income was $5,865,000 or $0.71 per diluted share (EPS), as compared to $7,354,000, or $0.89 EPS, for the prior quarter and $9,475,000, or $1.15 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/1431567/000143774924001843/0001437749-24-001843-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2022"},{"label":"Net income","value":"9,475,000"},{"label":"EPS","value":"1.15"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"92645c2902e6dd95379062d0769d6551628c2d95","claim":"Oak Valley Bancorp reported three months ended December 31, 2023 results: net income 5,865,000, EPS 0.71.","evidence_excerpt":"For the three months ended December 31, 2023, consolidated net income was $5,865,000 or $0.71 per diluted share (EPS)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924001843/0001437749-24-001843-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2023"},{"label":"Net income","value":"5,865,000"},{"label":"EPS","value":"0.71"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"aeb913d23420235c7d969040a2cd2d80ffab6675","claim":"Oak Valley Bancorp reported year ended December 31, 2022 results: net income 22,902,000, EPS 2.79.","evidence_excerpt":"Consolidated net income for the year ended December 31, 2023, totaled $30,848,000, or $3.75 EPS, representing an increase of 34.7% compared to $22,902,000, or $2.79 EPS for 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924001843/0001437749-24-001843-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2022"},{"label":"Net income","value":"22,902,000"},{"label":"EPS","value":"2.79"},{"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"}