secwatch.observer — SEC 8-K summary
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Issuer:     Oak Valley Bancorp (OVLY)
CIK:        0001431567
Form:       8-K
Filed at:   2025-01-27T23:59:59+00:00
Accession:  0001437749-25-001907
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Oak Valley Bancorp Reports Q4 2024 Net Income of $6.0M and Declares $0.30 Dividend
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- Net income for Q4 2024 was $6,008,000 or $0.73 per diluted share, down from $7,324,000 in the prior quarter.
- Full year 2024 net income totaled $24,948,000 or $3.02 per share, a 19.1% decrease from $30,848,000 in 2023.
- Gross loans increased $90.0 million year-over-year to $1.11 billion; deposits rose $45.2 million to $1.70 billion.
- Non-performing assets remained at zero as of December 31, 2024, consistent with all of 2024 and 2023.
- Board declared a cash dividend of $0.30 per share, payable February 14, 2025 to shareholders of record February 3, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1431567/000143774925001907/0001437749-25-001907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1431567/000143774925001907/ovly20250127_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-001907

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