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Bank holding companies

Oak Valley Bancorp Reports Strong Second Quarter Earnings

Strategic Insights

— 2 min read

Oak Valley Bancorp, the bank holding company for Oak Valley Community Bank and its Eastern Sierra Community Bank division, announced strong unaudited consolidated financial results for the three months ended June 30, 2025. The company reported $5,588,000 in net income, or $0.67 per diluted share, as compared to $5,297,000, or $0.64 EPS, for the prior quarter and $5,889,000, or $0.71 EPS, for the same period a year ago. The increase in second quarter net income was primarily driven by loan growth, a rise in the yield of the loan portfolio, and a corresponding increase in interest income. Net interest income for the three months ended June 30, 2025 was $18,154,000, compared to $17,807,000 in the prior quarter, and $17,292,000 in the same period a year ago.

Key Takeaways:

  • Consolidated net income for the three months ended June 30, 2025 was $5,588,000, or $0.67 per diluted share, an increase from $5,297,000, or $0.64 EPS, in the prior quarter and $5,889,000, or $0.71 EPS, in the same period a year ago.
  • Net interest income for the three months ended June 30, 2025 was $18,154,000, an increase from $17,807,000 in the prior quarter and $17,292,000 in the same period a year ago.
  • Gross loans grew by $18,903,000 during the second quarter and $39,820,000 during the prior twelve months, respectively.
  • The company's total deposits were $1.71 billion as of June 30, 2025, a decrease of $2.4 million from March 31, 2025 and an increase of $66.5 million over June 30, 2024.
  • Non-performing assets ("NPA") remained at zero as of June 30, 2025, as they were for all of 2025 and 2024.
  • The allowance for credit losses ("ACL") as a percentage of gross loans decreased slightly to 1.03% at June 30, 2025, compared to 1.05% at March 31, 2025 and 1.04% at June 30, 2024.

Statistics:

  • Consolidated net income: $5,588,000 (Q2 2025), $5,297,000 (Q1 2025), $5,889,000 (Q2 2024)
  • Net interest income: $18,154,000 (Q2 2025), $17,807,000 (Q1 2025), $17,292,000 (Q2 2024)
  • Gross loans: $1,109,856,000 (Q2 2025), $1,090,953,000 (Q1 2025), $1,070,036,000 (Q2 2024)
  • Total deposits: $1,711,241,000 (Q2 2025), $1,713,592,000 (Q1 2025), $1,644,748,000 (Q2 2024)
  • Non-performing assets ("NPA"): $0 (Q2 2025, Q1 2025, Q4 2024)
  • Allowance for credit losses ("ACL") as a percentage of gross loans: 1.03% (Q2 2025), 1.05% (Q1 2025), 1.04% (Q2 2024)

Sources:

  • Globe Newswire, July 18, 2025
  • Oak Valley Bancorp, Selected Quarterly Operating Data (unaudited)

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