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Oak Valley Community Bank Announces Commercial Banking Officer Hiring

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Oak Valley Community Bank (NASDAQ: OVLY) announced the hiring of Joel Burns as Vice President, Commercial Banking Officer, based at the Lodi branch at 31 South School Street. He will serve commercial and agricultural clients across the Lodi market, focusing on business lending and relationship management.

Burns has 25 years of commercial banking experience, most recently as a Commercial Banker at another local financial institution. He holds an Agribusiness degree from Cal Poly San Luis Obispo and is a graduate of the Southwestern Graduate School of Banking. Oak Valley Bancorp operates 19 branches under Oak Valley Community Bank and its Eastern Sierra Community Bank division.

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News Market Reaction – OVLY

-1.74%
-1.74% Session close to close

In the Jul 14 session, OVLY declined 1.74%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The bank’s appointment of an experienced commercial banking officer for its Lodi branch underscores ...
Analysis

The bank’s appointment of an experienced commercial banking officer for its Lodi branch underscores ongoing emphasis on commercial and agricultural lending across its 19-branch network. Prior personnel announcements have produced varied stock responses; with low reported short interest and recent net insider buying, investors may watch for sustained loan and relationship growth rather than immediate market impact.

Key Figures

Commercial banking experience: 25 years Branch address: 31 South School Street Number of branches: 19 branches +5 more
8 metrics
Commercial banking experience 25 years Joel Burns’ experience in commercial banking
Branch address 31 South School Street Location of Lodi branch where Burns is based
Number of branches 19 branches Oak Valley’s current branch network
Share price $33.88 Pre-headline price at latest close
52-week high $35.97 OVLY 52-week high before this news
52-week low $25.41 OVLY 52-week low before this news
Market cap $282,776,323 Market capitalization pre-headline
Short interest 0.79% of float Reported short interest level as of June 15, 2026

Historical Context

5 past events · Latest: May 08 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 08 Officer hiring Positive +0.5% Named Katie Alves as VP, Commercial Banking Officer for Lodi market.
Apr 22 Quarterly results Neutral -0.6% Reported 1Q26 net income, EPS, margin, and balance sheet metrics.
Mar 27 Workplace award Positive -0.8% Recognized as one of 2026 Best Places to Work in Central Valley.
Mar 02 Leadership hiring Positive +1.8% Appointed Nathan Dellinger as SVP, Credit Administrator overseeing credit.
Feb 23 Branch manager hire Positive -2.3% Hired Pete Centeno as VP, Branch Manager of Ripon branch.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Oak Valley headlines, including personnel and awards news, often see modest and mixed price reactions without a consistent directional pattern.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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OAKDALE, Calif., July 13, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), is pleased to announce that Joel Burns has joined the Bank as Vice President, Commercial Banking Officer. Based at the Bank's Lodi Branch, located at 31 South School Street, Burns will serve commercial and agricultural clients throughout the Lodi market.

Burns brings 25 years of commercial banking experience, with extensive expertise in relationship management and business lending. Most recently, he served as a Commercial Banker at another local financial institution. In his new role, he will focus on commercial and agricultural lending, working closely with business owners to understand their goals and deliver customized financial solutions that support their long-term success.

“Joel brings a strong background in commercial banking, with a focus on building lasting client relationships and delivering thoughtful credit solutions for agricultural businesses,” said Gary Stephens, Executive Vice President, Commercial Banking Group. “His collaborative approach and commitment to understanding each client's unique needs help foster the trusted partnerships that are at the heart of our relationship-based banking philosophy.”

Burns earned a Bachelor of Science in Agribusiness from California Polytechnic State University, San Luis Obispo, and is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University. He is actively involved with the Lodi District Grape Growers Association. Outside of work, he enjoys spending time with family and friends.

Oak Valley Bancorp operates Oak Valley Community Bank & their Eastern Sierra Community Bank division, through which it offers a variety of loan and deposit products to individuals and small businesses. They currently operate through 19 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, Lodi, two branches in Sonora, three branches in Modesto, and three branches in the Eastern Sierra division which includes Bridgeport, Mammoth Lakes, and Bishop.

For more information, call 1-866-844-7500 or visit www.ovcb.com.

Contact:Rick McCarty
Phone:(209) 848-BANK (2265)
 Toll Free (866) 844-7500
 www.ovcb.com

FAQ

Who is the new Commercial Banking Officer hired by Oak Valley Community Bank (NASDAQ: OVLY) in July 2026?

Oak Valley Community Bank hired Joel Burns as Vice President, Commercial Banking Officer in July 2026. According to the company, he brings 25 years of commercial banking experience and will focus on serving commercial and agricultural clients in the Lodi, California market.

What will Joel Burns do in his role at Oak Valley Community Bank's Lodi branch?

Joel Burns will focus on commercial and agricultural lending at the Lodi branch. According to Oak Valley Community Bank, he will work closely with business owners to understand their goals and provide customized financial solutions that support long-term success and relationship-based banking.

Where is the Oak Valley Community Bank Lodi branch where Joel Burns will be based?

Joel Burns will be based at Oak Valley Community Bank’s Lodi branch at 31 South School Street. According to the company, from this location he will serve commercial and agricultural clients throughout the broader Lodi market, emphasizing relationship management and tailored lending services.

What experience and education does Joel Burns bring to Oak Valley Community Bank (OVLY)?

Joel Burns brings 25 years of commercial banking experience to Oak Valley Community Bank. According to the company, he holds a Bachelor of Science in Agribusiness from Cal Poly San Luis Obispo and is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University.

How many branches does Oak Valley Bancorp operate for Oak Valley Community Bank and its Eastern Sierra division?

Oak Valley Bancorp operates 19 branches under Oak Valley Community Bank and its Eastern Sierra Community Bank division. According to the company, locations include Oakdale, Turlock, Stockton, Sacramento, Roseville, Lodi, multiple branches in Modesto and Sonora, and three Eastern Sierra branches.

What types of clients will Joel Burns focus on serving for Oak Valley Community Bank?

Joel Burns will primarily serve commercial and agricultural clients in the Lodi market. According to Oak Valley Community Bank, his role centers on business lending, relationship management, and delivering thoughtful credit solutions tailored to the needs of agricultural businesses and local enterprises.