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Oak Valley Community Bank Announces Leadership Team Promotions

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Oak Valley Bancorp (NASDAQ: OVLY) announced internal leadership promotions effective Jan 12, 2026: Bill Nunes was promoted to Executive Vice President, Chief Marketing Officer and Jose Sabala to Senior Vice President, CRA Officer. Nunes, with the bank since 2005, will lead marketing, advertising, communications, public relations, and strategic partnerships. Sabala, with the bank since 2018, will oversee CRA compliance, outreach, and community partnerships to support credit access for low- and moderate-income communities. The bank operates Oak Valley Community Bank and Eastern Sierra Community Bank with 19 branches across Central California and the Eastern Sierra.

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News Market Reaction – OVLY

%
1 alert
% News Effect

On the day this news was published, OVLY declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Branch count: 19 branches Tenure – Bill Nunes: Since 2005 Tenure – Jose Sabala: Since 2018
3 metrics
Branch count 19 branches Bank’s operating footprint across Oak Valley and Eastern Sierra
Tenure – Bill Nunes Since 2005 Year Nunes joined Oak Valley Community Bank
Tenure – Jose Sabala Since 2018 Year Sabala joined Oak Valley Community Bank

Market Reality Check

Price: $31.12 Vol: Volume 7,142 is at 0.54x ...
low vol
$31.12 Last Close
Volume Volume 7,142 is at 0.54x the 20-day average of 13,300, indicating light trading ahead of this announcement. low
Technical Shares at $30.21 are trading above the 200-day MA of $27.31 and sit 3.94% below the 52-week high of $31.45.

Peers on Argus

Peers show mixed, modest moves (e.g., CFFI +0.36%, VABK +0.66%, CHMG -0.20%, FUN...

Peers show mixed, modest moves (e.g., CFFI +0.36%, VABK +0.66%, CHMG -0.20%, FUNC -0.29%, FVCB +0.14%), suggesting today’s slight -0.36% move in OVLY is more stock-specific than sector-driven.

Historical Context

5 past events · Latest: 2025-12-08 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
2025-12-08 Branch leadership hire Positive -1.4% New Tracy branch manager appointed, succeeding long-time predecessor.
2025-11-04 Community grant award Positive +2.9% $150,000 AHEAD grant approval for workforce development program.
2025-10-22 Q3 2025 earnings Neutral +1.3% Q3 2025 results with higher net interest income and clean credit quality.
2025-10-07 Branch leadership hire Positive -0.9% New East Sonora branch manager with ~30 years of banking experience.
2025-10-07 Branch leadership hire Positive -0.9% New Modesto–McHenry branch manager appointed to drive local growth.
Pattern Detected

Recent OVLY headlines around hiring and community initiatives often led to small price moves, with several branch/leadership announcements seeing mild negative reactions despite neutral-to-positive operational tone.

Recent Company History

Over the last few months, Oak Valley Bancorp has reported stable Q3 2025 results, with net income of $6.693M and diluted EPS of $0.81, alongside strong asset quality. Operationally, the bank has focused on branch leadership, adding new Vice Presidents and Branch Managers across Tracy, East Sonora, and Modesto–McHenry, while maintaining a 19-branch footprint. Community engagement has remained visible through a $150,000 workforce-development grant. Today’s leadership promotions fit into this ongoing emphasis on local management strength and community-focused banking.

Market Pulse Summary

This announcement highlights internal promotions that strengthen Oak Valley’s marketing and Communit...
Analysis

This announcement highlights internal promotions that strengthen Oak Valley’s marketing and Community Reinvestment Act leadership, aligning with its community banking model and 19-branch footprint. Recent history shows a focus on steady Q3 2025 performance, clean credit, and community initiatives such as the $150,000 workforce grant. Investors may track how these leadership roles translate into loan and deposit growth, brand visibility, and continued regulatory alignment under the CRA framework in upcoming quarters and disclosures.

Key Terms

community reinvestment act (CRA)
1 terms
community reinvestment act (CRA) regulatory
"Jose Sabala — Senior Vice President, CRA OfficerSince joining the Bank in 2018, Sabala has significantly enhanced the Bank’s CRA program"
A federal rule that evaluates whether banks are lending, investing and providing services to the neighborhoods where they take deposits; think of it as a report card that rates how well a bank supports low‑ and moderate‑income communities. Investors care because the rating affects regulatory approval, merger and expansion prospects, legal risk and reputational standing, which can influence a bank’s growth, costs and long‑term profitability.

AI-generated analysis. Not financial advice.

OAKDALE, Calif., Jan. 12, 2026 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY), the bank holding company for Oak Valley Community Bank and its Eastern Sierra Community Bank division, today announced the promotions of Bill Nunes to Executive Vice President, Chief Marketing Officer, and Jose Sabala to Senior Vice President, Community Reinvestment Act (CRA) Officer.

Bill Nunes — Executive Vice President, Chief Marketing Officer
Nunes joined the Bank in 2005 and most recently served as Senior Vice President, Marketing Manager, overseeing both the Marketing and Community Reinvestment Act (CRA) departments. Throughout his tenure, he has been instrumental in elevating Oak Valley’s brand while advancing community-focused initiatives. His promotion reflects his role in developing and executing the Bank’s marketing and brand strategy, including advertising, communications, public relations, and strategic partnerships.

“Bill is a proven leader whose perspective and collaborative approach have made a measurable impact across our organization,” said Rick McCarty, President and Chief Operating Officer of Oak Valley Community Bank. “He is a strategic thinker with a deep understanding of our markets, our communities, and the critical role brand reputation plays in driving growth.”

Nunes currently serves on the board of Second Harvest of the Greater Valley and on the board of trustees for the Gallo Center for the Arts. He earned a Bachelor of Science degree in Marketing and Finance and an MBA from California State University, Stanislaus, and is a graduate of Pacific Coast Banking School. He resides in Patterson with his wife and family.

Jose Sabala — Senior Vice President, CRA Officer
Since joining the Bank in 2018, Sabala has significantly enhanced the Bank’s CRA program through expanded outreach and strategic community partnerships. He oversees CRA compliance and execution, ensuring the program aligns with both regulatory expectations and Oak Valley’s mission to serve and strengthen its communities. His efforts have supported economic development and improved access to credit for low- and moderate-income individuals, families, businesses, and neighborhoods across the Bank’s service areas.

“Jose provides exceptional leadership of our CRA program and is widely respected for his impact on community relationships,” McCarty said. “His ability to create meaningful, results-driven engagement is vital as the Bank continues to grow, ensuring our CRA efforts deliver real benefits for the communities we serve.”

Sabala is deeply involved in local community organizations, serving as Board Vice President of City Ministry Network, Board Chair of Access Plus Capital, a Grants committee member of the San Joaquin Community Foundation, and a board member of both the California Community Economic Development Association (CCEDA) and the Modesto Junior College Foundation. He holds a Bachelor of Science degree in Business Management from the University of Phoenix and resides in Modesto with his wife and children.

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:Chris Courtney/Rick McCarty
Phone:(209) 848-BANK (2265), (866) 844-7500
www.ovcb.com



FAQ

What leadership changes did Oak Valley Bancorp (OVLY) announce on January 12, 2026?

Oak Valley promoted Bill Nunes to EVP, Chief Marketing Officer and Jose Sabala to SVP, CRA Officer.

What will Bill Nunes oversee as Chief Marketing Officer at OVLY?

Nunes will lead marketing, advertising, communications, public relations, and strategic partnerships for the bank.

How will Jose Sabala’s promotion affect Oak Valley’s CRA program (OVLY)?

Sabala will oversee CRA compliance and community outreach aimed at improving credit access for low- and moderate-income individuals and neighborhoods.

How many branches does Oak Valley Community Bank operate and where are they located?

Oak Valley operates 19 branches across Central California and the Eastern Sierra, including locations such as Modesto, Stockton, Turlock, and Mammoth Lakes.

Who are the contacts for investor or media inquiries about OVLY’s leadership updates?

Contact information listed includes Chris Courtney and Rick McCarty and the phone numbers (209) 848-2265 and (866) 844-7500.
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