Last $9.78 USD
Change Today -0.008 / -0.08%
Volume 10.1K
OVLY On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

oak valley bancorp (OVLY) Snapshot

Open
$9.81
Previous Close
$9.79
Day High
$9.85
Day Low
$9.69
52 Week High
01/27/14 - $12.48
52 Week Low
05/15/13 - $7.37
Market Cap
79.0M
Average Volume 10 Days
3.1K
EPS TTM
--
Shares Outstanding
8.1M
EX-Date
01/2/14
P/E TM
--
Dividend
$0.10
Dividend Yield
1.02%
Current Stock Chart for OAK VALLEY BANCORP (OVLY)

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oak valley bancorp (OVLY) Details

Oak Valley Bancorp operates as the holding company for Oak Valley Community Bank that provides banking services to individuals and business enterprises in Oakdale, California and the surrounding areas. It offers various deposit products, such as checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, overdraft protection products, health savings accounts, certificates of deposit, and individual retirement accounts. The company’s loan portfolio comprises various commercial loans for business, professional, or agricultural needs that include short-term working capital, operating lines of credit, equipment purchases, leasehold improvements, construction, and commercial real estate acquisitions or refinancing, as well as consumer loans consisting of personal loans, auto loans, home improvement loans, home mortgage loans, revolving lines of credit, and other loans made to individual borrowers. It also offers online banking, remote deposit capture, merchant, night depository, extended hours, traveler’s checks, wire transfer of funds, note collection, and automated teller machine services. As of December 31, 2012, the company operated through 14 full-service branch offices. Oak Valley Bancorp was founded in 1990 and is based in Oakdale, California.

oak valley bancorp (OVLY) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $293.5K
Chief Financial Officer, Chief Administrative...
Total Annual Compensation: $249.4K
Executive Vice President of Commercial Bankin...
Total Annual Compensation: $202.5K
Chief Credit Officer, Executive Vice Presiden...
Total Annual Compensation: $199.6K
Compensation as of Fiscal Year 2012.

oak valley bancorp (OVLY) Key Developments

Oak Valley Bancorp Restates Unaudited Consolidated Earnings Results for the Fourth Quarter Ended December 31, 2013

Oak Valley Bancorp restated unaudited consolidated earnings results for the fourth quarter ended December 31, 2013. For the quarter, the company's net income available to common shareholders was a record $1.7 million, or $0.22 per diluted share. This compared to consolidated net income available to common shareholders of $1.4 million, or $0.18 per diluted share for the three months ended December 31, 2012 and represented a 21.5% increase over the prior year. Net interest income was $6,372,000 against $6,115,000 a year ago. Income before income taxes was $2,516,000 against $2,207,000 a year ago. Diluted earnings per common share were $0.22 against $0.18 a year ago. Return on average common equity was 10.47% against 8.87% a year ago. Return on average assets was 1.01% against 0.91% a year ago. Book value per share was $8.14 against $7.99 a year ago.

Oak Valley Bancorp Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013

Oak Valley Bancorp announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the three months ended December 31, 2013, consolidated net income available to common shareholders was a record $1.7 million, or $0.22 per diluted share. This compared to consolidated net income available to common shareholders of $1.4 million, or $0.18 per diluted share for the three months ended December 31, 2012 and represented a 21.5% increase over the prior year. Net interest income was $6,372,000 against $6,115,000 a year ago. Return on average common equity was 10.47% against 8.87% a year ago. Return on average assets was 1.01% against 0.91% a year ago. Book value per share was $8.24 against $7.99 a year ago. The company’s net income for 2013 totaled $5.9 million compared to $5.8 million for 2012. After adjustment for preferred stock dividends and accretion, consolidated net income available to common shareholders was $5.8 million, or $0.74 per diluted share, compared to consolidated net income of $5.3 million, or $0.69 per diluted common share, in 2012. This represents a 9.2% increase in consolidated net income available to common shareholders and marks a new annual earnings record for Oak Valley Bancorp. Net interest income of $24.3 million for the year ended December 31, 2013, decreased by $570,000, or 2.3%, from the prior year. The year began with margin compression, corresponding to low loan pricing and high cash balances. The margin stabilized in the second half of the year, as cash was deployed into new loans. Return on average common equity was 9.07% against 8.80% a year ago. Return on average assets was 0.90% against 0.95% a year ago. Book value per share was $8.24 against $7.99 a year ago.

Oak Valley Bancorp Declares Cash Dividend Payable on January 21, 2014

Oak Valley Bancorp announced that it has declared the payment of a cash dividend of $0.10 per share of common stock to its shareholders of record at the close of business on January 6, 2014. The payment date will be January 21, 2014.

 

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OVLY:US $9.78 USD -0.008

OVLY Competitors

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Company Last Change
Auburn National Bancorporation Inc $23.69 USD 0.00
Fauquier Bankshares Inc $15.30 USD +0.17
First Community Corp/SC $10.99 USD +0.0199
Premier Valley Bank $5.90 USD 0.00
United Security Bancshares/Fresno CA $5.49 USD +0.05
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Industry Analysis

OVLY

Industry Average

Valuation OVLY Industry Range
Price/Earnings 13.2x
Price/Sales 2.8x
Price/Book 1.2x
Price/Cash Flow 13.4x
TEV/Sales 1.1x
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