{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-031568","form_type":"8-K","ticker":"OVLY","cik":"0001431567","company_name":"Oak Valley Bancorp","filed_at":"2024-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.436757+00:00","generated_at":"2026-05-30T12:19:59.733131+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Oak Valley Bancorp Q3 net income $7.32M ($0.89 EPS), up sequentially; net interest margin narrows to 4.04%","bullets":["Net income $7.32M ($0.89 diluted EPS) vs $5.89M ($0.71) prior quarter and $7.35M ($0.89) Q3 2023.","Net interest margin 4.04% vs 4.11% prior quarter and 4.34% a year ago; average cost of funds rose to 0.83% from 0.33%.","Loan recoveries of $2.0M from two recession-era loans led to $1.62M reversal of provision for credit losses.","Gross loans $1.08B, up $103.9M YoY; deposits $1.69B, up $23.8M YoY; non-performing assets remained at zero.","YTD net income $18.94M ($2.30 EPS) compared to $24.98M ($3.04 EPS) same period last year."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-031568","json":"https://secwatch.observer/filing/0001437749-24-031568.json","markdown":"https://secwatch.observer/filing/0001437749-24-031568.md","text":"https://secwatch.observer/filing/0001437749-24-031568.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924031568/0001437749-24-031568-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1431567/000143774924031568/ovly20241018_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T12:19:59.733131+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}