Oak Valley Bancorp

Oak Valley Bancorp (OVLY) reported solid performance in FY 2025, with total assets reaching $2.02B, up 6.4% from $1.90B in 2024. Deposits grew 5.7% to $1.79B from $1.70B, while net loans increased 3.3% to $1.13B from $1.09B. Net interest income rose 6.5% to $74.6M from $70.0M, driven by earning asset growth including interest and fees on loans at $58.3M and interest on securities at $21.4M. Total non-interest income increased 8.5% to $7.1M, supported by earnings on cash surrender value of life insurance at $1.2M. Non-interest expense climbed to $50.3M from $46.0M due to staffing and operating costs for growth. Net income was $23.9M, down from $24.9M in 2024, with diluted EPS at $2.88 versus $3.02 prior year. Provision for credit losses was $805K versus a $1.62M reversal in 2024. Cash from operations was $28.7M, with net cash increase of $63.4M. Shareholders' equity stood at $208.0M. Management focuses on loan and deposit growth amid moderating interest rates, emphasizing relationship-based expansion in Central Valley and Eastern Sierras.

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