{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-012695","form_type":"8-K","ticker":"OVLY","cik":"0001431567","company_name":"Oak Valley Bancorp","filed_at":"2024-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.387088+00:00","generated_at":"2026-06-03T13:42:41.733075+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Oak Valley Bancorp Q1 net income $5.7M ($0.69 EPS) down 38% YoY; NIM 4.09%","bullets":["Net income $5.727M ($0.69 diluted EPS) vs $9.225M ($1.12) Q1 2023, down 38% YoY.","Net interest margin 4.09% vs 4.39% year ago; average cost of funds 68 bps vs 10 bps.","Loans grew $22.9M QoQ to $1.04B; deposits fell $38.1M QoQ to $1.61B.","Non-performing assets remained at zero; no provision for credit losses recorded.","Non-interest expense rose to $11.529M from $9.757M YoY on staffing and operating costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-012695","json":"https://secwatch.observer/filing/0001437749-24-012695.json","markdown":"https://secwatch.observer/filing/0001437749-24-012695.md","text":"https://secwatch.observer/filing/0001437749-24-012695.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924012695/0001437749-24-012695-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924012695/ovly20240419_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T13:42:41.733075+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":"3c024cb5638ee67543886fc90df2b5245b3418cb","claim":"Oak Valley Bancorp reported For the three months ended March 31, 2024 results: net income 5,727,000, EPS 0.69.","evidence_excerpt":"For the three months ended March 31, 2024, consolidated net income was $5,727,000, or $0.69 per diluted share (EPS).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924012695/0001437749-24-012695-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"For the three months ended March 31, 2024"},{"label":"Net income","value":"5,727,000"},{"label":"EPS","value":"0.69"},{"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"}