---
title: "Oak Valley Bancorp 10‑K: Net income $23.9M, EPS $2.88; NII $74.6M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280517898.md"
description: "Oak Valley Bancorp reported a net income of $23.9 million and diluted earnings per share of $2.88 for the year, with net interest income at $74.6 million. Despite modest revenue growth, earnings were impacted by higher noninterest expenses, leading to a decline in net income and EPS compared to the previous year. Noninterest income rose 8.5% to $7.11 million, supported by fair value gains on equity securities. The company experienced a 5.7% increase in total deposits and a 3.4% growth in gross loans, primarily in commercial real estate and construction lending."
datetime: "2026-03-25T19:05:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280517898.md)
  - [en](https://longbridge.com/en/news/280517898.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280517898.md)
---

# Oak Valley Bancorp 10‑K: Net income $23.9M, EPS $2.88; NII $74.6M

Oak Valley Bancorp reported net income of $23.9 million and diluted net income per common share of $2.88 for the year, with net interest income — the company’s primary revenue source — totaling $74.6 million (cash basis) as earning assets grew. Earnings were pressured by higher noninterest expense, which drove a year‑over‑year decline in net income and EPS despite modest revenue expansion. Noninterest income rose modestly, aided by fair value gains on equity securities and BOLI death benefits.

**Financial Highlights**

-   **Net Income**: $23.9 million (down from $24.9 million in 2024)
-   **Diluted Net Income Per Common Share**: $2.88 (down from $3.02 in 2024)
-   **Net Interest Income**: $74.6 million (cash basis); FTE $76.62 million — increased year over year due to earning asset growth
-   **Total Non‑interest Income**: $7.11 million — up 8.5% year over year (including fair value gains on equity securities and BOLI death benefits)
-   **Total Non‑interest Expense**: $50.27 million — up 9.3% year over year driven by staffing and operating costs

**Business Highlights**

-   **Revenue growth & yield**: Earning asset growth drove approximately 6.5% higher net interest income, supporting modest revenue expansion despite lower pre‑tax income.
-   **Deposit & funding momentum**: Core deposit growth continued, with total deposits up 5.7%, supporting loan funding and liquidity without reliance on brokered deposits.
-   **Loan portfolio expansion & mix**: Gross loans increased ~3.4%, with growth concentrated in commercial real estate and construction lending, contributing geographic diversification.
-   **Operational scale‑up**: Increased staffing, expansion of branch/loan production office footprint, and technology upgrades expanded operating capacity and contributed to higher operating expenses to support growth.
-   **Credit & risk management**: Allowance for credit losses increased under CECL; management identified one collateral‑dependent nonperforming commercial loan and continues focused monitoring of credit quality.

Original SEC Filing: Oak Valley Bancorp \[ OVLY \] - 10-K - Mar. 25, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [OVLY.US](https://longbridge.com/en/quote/OVLY.US.md)

## Related News & Research

- [KeyBank Survey: Americans Reimagine the Path to Home Ownership in 2026 | KEY Stock News](https://longbridge.com/en/news/282549934.md)
- [Is Rayonier (RYN) Being Priced Fairly After Recent Timber REIT Sentiment Shifts](https://longbridge.com/en/news/282557556.md)
- [See Which Recent 13F Filers Hold JPM](https://longbridge.com/en/news/282391812.md)
- [CIF/FOB Gulf Grain-Corn barge bids inch higher on exporter needs](https://longbridge.com/en/news/282907147.md)
- [US Plains HRW Wheat-Spot basis bids flat in quiet trade](https://longbridge.com/en/news/282892180.md)