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Oak Valley Bancorp Reports 2nd Quarter Results and Announces Cash Dividend

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OAKDALE, Calif., July 21, 2021 (GLOBE NEWSWIRE) Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended June 30, 2021, consolidated net income was $3,960,000, or $0.48 per diluted share (EPS), as compared to $4,357,000, or $0.53 EPS, for the prior quarter and $2,581,000, or $0.32 EPS, for the same period a year ago. Consolidated net income for the six months ended June 30, 2021 was $8,316,000, or $1.02 EPS, representing an increase of 57.2% compared to $5,290,000 or $0.65 EPS for the same period of 2020.
The decrease in second quarter net income compared to the prior quarter was partially due to a decrease in loan interest and fees on Paycheck Protection Program (“PPP”) loans. $2,202,000 in PPP loan interest and fee income was recorded during the s ....

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Oak Valley Bancorp Reports 4th Quarter Results and Announces Cash Dividend

Oak Valley Bancorp Reports 4th Quarter Results and Announces Cash Dividend
OAKDALE, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division (the “Bank”), recently reported unaudited consolidated financial results. For the three months ended December 31, 2020, consolidated net income was $4,649,000 or $0.57 per diluted share (EPS), as compared to $3,748,000, or $0.46 EPS, for the prior quarter and $3,191,000, or $0.39 EPS for the same period a year ago. Consolidated net income for the year ended December 31, 2020, totaled $13,687,000, or $1.68 EPS, representing an increase of 9.6% compared to $12,489,000 or $1.54 EPS for 2019. ....

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Oak Valley Community Bank – Commercial Banking Group Announces Senior Vice President Promotions

Oak Valley Community Bank – Commercial Banking Group Announces Senior Vice President Promotions
Oak Valley Community Bank
Oakdale, California, UNITED STATES
OAKDALE, Calif., Jan. 11, 2021 (GLOBE NEWSWIRE) Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division recently announced the promotions of Mike Garcia and Jeff Hushaw to Senior Vice President, Commercial Lending. Garcia and Hushaw will continue to focus on lending and business development opportunities throughout the San Joaquin Valley.
“In their time with Oak Valley, Garcia and Hushaw have made sizable contributions toward the growth of the bank and our commercial loan portfolio. They personify our commitment to relationship development and strive to establish a lasting bond between the client, the lender, and the bank,” stated Chris Courtney, President and CEO. ....

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Oak Valley Bancorp and Oak Valley Community Bank Appoint New Director

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OAKDALE, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) On December 15, 2020, Lynn Reeves Dickerson accepted her appointment to the Board of Directors of Oak Valley Bancorp (the Company ) (NASDAQ:OVLY) and its wholly-owned subsidiary Oak Valley Community Bank (the Bank ), effective January 5, 2021.
Since 2009, Dickerson has been the CEO of the Gallo Center for the Arts. Her decade-long tenure was marked with operational excellence and tremendous community support.
Prior to joining the Gallo Center, Dickerson had a successful 29-year career in the newspaper industry; serving as Publisher & President of The Modesto Bee from 2000-2006 and subsequently as Vice President of Operations for The McClatchy Company, the parent company of The Modesto Bee. As a corporate officer at McClatchy, she oversaw 11 of their 30 newspapers throughout the country. ....

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