Oak Valley Bancorp filed its quarterly report on Form 10-Q with the SEC on August 14, 2026, covering the period ended June 30, 2026, disclosing second-quarter and year-to-date income, balance sheet positions, and changes in shareholders' equity.

Key Highlights

  • Net income of $5.114 million for the three months ended June 30, 2026, compared to $5.588 million for the same period in 2025, according to the filing.
  • Six-month net income of $10.423 million, or $1.25 per diluted share, versus $10.885 million, or $1.31 per diluted share, for the first half of 2025.
  • Total assets of $2.001 billion at June 30, 2026, down from $2.023 billion at December 31, 2025, as reported in the condensed consolidated balance sheet.
  • Net loans of $1.153 billion at June 30, 2026, up from $1.130 billion at December 31, 2025, net of an allowance for credit losses of $11.172 million.
  • Total shareholders' equity grew to $217.034 million at June 30, 2026, from $207.975 million at December 31, 2025.
  • Cash dividends declared of $0.375 per share of common stock during the six months ended June 30, 2026, totaling $3.146 million, per the filing.
  • 8,412,708 shares of common stock outstanding as of July 27, 2026, as indicated on the cover page.

Oak Valley Bancorp Q2 2026: Income, Loan Growth, and Balance Sheet Shifts

According to the filing, Oak Valley Bancorp (NASDAQ:OVLY) reported net interest income of $18.944 million for the three months ended June 30, 2026, up from $18.154 million in the second quarter of 2025. Total interest income for the quarter was $22.489 million versus $21.421 million a year earlier, driven in part by interest and fees on loans rising to $15.600 million from $14.316 million. Total interest expense was $3.545 million for the quarter, compared to $3.267 million in the prior-year period, with deposit interest expense accounting for the full amount in both periods.

The filing reported total non-interest expense of $14.157 million for the second quarter of 2026, compared to $12.443 million for the same quarter of 2025. Salaries and employee benefits were the largest component at $9.017 million, up from $7.693 million. The provision for credit losses was $21 thousand for the three months ended June 30, 2026, versus $245 thousand in the same prior-year quarter. For the six months ended June 30, 2026, the provision for credit losses totaled $485 thousand, compared to $519 thousand for the first half of 2025.

On the balance sheet, total deposits declined to $1.764 billion at June 30, 2026, from $1.793 billion at December 31, 2025, the filing disclosed. Accumulated other comprehensive loss narrowed to $(17.527) million from $(18.672) million over the same period, reflecting an other comprehensive gain of $1.145 million for the six-month period. The company also reported other real estate owned of $2.581 million at June 30, 2026, compared to zero at December 31, 2025.

What Was Disclosed

Oak Valley Bancorp's 10-Q for the quarter ended June 30, 2026, disclosed unaudited financial statements showing second-quarter net income of $5.114 million, loan growth, a decline in total deposits, and total shareholders' equity of $217.034 million, along with a $0.375 per share cash dividend declared during the six-month period.