For the quarter ending 2025-09-30, OVLY made $40,452,000 in revenue. $6,693,000 in net income. Net profit margin of 16.55%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Interest and fees on loans | 14,881,000 | 14,316,000 | 13,989,000 | 13,280,500 |
| Interest on securities | 5,395,000 | 5,279,000 | 5,374,000 | 5,248,000 |
| Interest on federal funds sold | 346,000 | 290,000 | 350,000 | 380,000 |
| Interest on deposits with banks | 1,895,000 | 1,536,000 | 1,403,000 | 1,843,000 |
| Total interest income | 22,517,000 | 21,421,000 | 21,116,000 | 20,751,500 |
| Deposits | 3,320,000 | 3,267,000 | 3,309,000 | 3,208,000 |
| Total interest expense | 3,320,000 | 3,267,000 | 3,309,000 | 3,208,000 |
| Net interest income | 19,197,000 | 18,154,000 | 17,807,000 | 17,543,500 |
| Other income-Debit Card | - | 436,000 | - | - |
| (reversal of) provision for credit losses | - | - | - | 0 |
| Reversal of provision for credit losses | -60,000 | 0 | - | - |
| Other income-Mortgage Banking | - | 7,000 | - | - |
| Net interest income after provision for credit losses | 19,257,000 | 18,154,000 | 17,807,000 | 17,543,500 |
| Other income-Deposit Account | 457,000 | 427,000 | - | - |
| Other income-Debit Card | 415,000 | - | - | - |
| Earnings on cash surrender value of life insurance | 299,000 | 300,000 | 288,000 | 255,000 |
| Other income-Mortgage Banking | 17,000 | - | - | - |
| Other income | - | - | 851,000 | 864,000 |
| (loss) gain on sales and calls of available-for-sale securities | -2,000 | 2,000 | - | - |
| Gains on sales and calls of available-for-sale securities | - | - | - | 28,500 |
| Other | 787,000 | 531,000 | 474,000 | 321,500 |
| Total non-interest income | 1,973,000 | 1,703,000 | 1,613,000 | 1,474,500 |
| Salaries and employee benefits | 7,857,000 | 7,693,000 | 7,750,000 | 7,131,000 |
| Occupancy expenses | 1,263,000 | 1,122,000 | 1,127,000 | 1,171,000 |
| Data processing fees | 745,000 | 723,000 | 742,000 | 707,000 |
| Regulatory assessments | 270,000 | 280,000 | 285,000 | 295,000 |
| Other operating expenses | 2,565,000 | 2,870,000 | 2,720,000 | 2,234,500 |
| Total non-interest expense | 12,700,000 | 12,688,000 | 12,624,000 | 11,538,500 |
| Net income before provision for income taxes | 8,530,000 | 7,169,000 | 6,796,000 | 7,479,500 |
| Total provision for income taxes | 1,837,000 | 1,581,000 | 1,499,000 | 1,612,000 |
| Net income | 6,693,000 | 5,588,000 | 5,297,000 | 5,867,500 |
| Net income per diluted share (in dollars per share) | 0.81 | 0.67 | 0.64 | 0.71 |
| Net income per share (in dollars per share) | 0.81 | 0.68 | 0.64 | 0.715 |
| Us-gaap_weightedaveragenumberofdilutedsharesoutstanding | 8,299,000 | 8,285,000 | 8,278,000 | -4,126,571.5 |
| Us-gaap_weightedaveragenumberofsharesoutstandingbasic | 8,247,000 | 8,245,000 | 8,232,000 | -4,111,077 |
Oak Valley Bancorp (OVLY)
Oak Valley Bancorp (OVLY)