secwatch.observer — SEC 8-K summary
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Issuer:     Oak Valley Bancorp (OVLY)
CIK:        0001431567
Form:       8-K
Filed at:   2026-07-23T16:41:54+00:00
Accession:  0001437749-26-024258
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oak Valley Bancorp Q2 net income $5.1M ($0.61 EPS), down 8% YoY; declares $0.375 dividend
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- Q2 net income $5.114M ($0.61 diluted EPS) vs $5.588M ($0.67) a year ago; six-month net income $10.423M ($1.25) vs $10.885M ($1.31).
- Net interest income $18.944M (up 4.4% YoY); net interest margin 4.15% vs 4.11% a year ago; gross loans grew $55.9M over 12 months to $1.17B.
- Non-performing assets fell to $2.631M (0.13% of assets) from $4.574M; $1.735M charge-off on a collateral-dependent loan transferred to OREO.
- Board declared $0.375 per share cash dividend, payable Aug 14, 2026 to holders of record Aug 3, 2026; second dividend in 2026.
- Non-interest expense rose to $14.157M from $12.443M YoY, driven by staffing and branch expansion costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1431567/000143774926024258/0001437749-26-024258-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1431567/000143774926024258/ovly20260722c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-024258

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