Oak Valley Community Bank Welcomes Carlos Chavez as Vice President, Branch Manager of Stockton Branch
Rhea-AI Summary
Oak Valley Bancorp (NASDAQ: OVLY) announced that Carlos Chavez has joined Oak Valley Community Bank as Vice President, Branch Manager of the Stockton branch at 2935 West March Lane, effective Jan. 13, 2026.
Chavez brings more than 21 years of banking experience, most recently serving as VP Branch Manager at a large national bank, and has a bachelor’s degree in business administration from Heald College. His duties include overseeing branch operations, strengthening client relationships, and supporting local businesses and residents. Chavez is a long-time Stockton resident active in local organizations and financial literacy advocacy.
The bank operates 19 branches across central California and the Eastern Sierra. Contact 1-866-844-7500 or visit www.ovcb.com for more information.
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News Market Reaction
On the day this news was published, OVLY gained 0.73%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
OVLY slipped 0.36% while peers showed mixed moves: CFFI -1.02%, CHMG -0.24%, FUNC -0.45%, FVCB +0.72%, VABK -1.16%. With no peers in the momentum scanner, trading appeared stock-specific rather than part of a coordinated sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 08 | Branch manager hire | Positive | -1.4% | Dan Greene hired to lead Tracy branch operations and relationships. |
| Nov 04 | Community grant award | Positive | +2.9% | $150,000 AHEAD grant approval for Latino youth workforce programs. |
| Oct 22 | Quarterly earnings | Positive | +1.3% | Q3 2025 results with higher net interest income and zero nonperformers. |
| Oct 07 | Branch manager hire | Positive | -0.9% | Shannon Morfoot appointed VP/Branch Manager of East Sonora branch. |
| Oct 07 | Branch manager hire | Positive | -0.9% | Hardip Sheena named VP/Branch Manager of Modesto–McHenry branch. |
Operational and community-focused news, including branch manager hires, has often seen muted or negative next-day price reactions despite positive tone.
Over the last few months, OVLY highlighted a series of branch leadership additions and solid operating results. On Oct 7, 2025, two new Vice President/Branch Managers were announced, with shares down about 0.88% afterward on each release. Q3 2025 results on Oct 22, 2025 showed higher net income versus Q2 and strong asset quality, with a 1.32% price gain. Community-focused grant news on Nov 4, 2025 coincided with a 2.88% rise. Today’s Stockton branch hire continues this branch-expansion and local engagement narrative.
Market Pulse Summary
This announcement adds another experienced leader, Carlos Chavez with 21 years in banking, to oversee the Stockton branch and deepen Oak Valley’s community footprint across its 19 branches. It follows a series of recent branch manager hires and solid Q3 2025 results with clean credit quality. Investors may monitor how ongoing leadership additions translate into loan and deposit growth, local market share gains, and future earnings trends relative to prior periods.
AI-generated analysis. Not financial advice.
OAKDALE, Calif., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), is pleased to welcome Carlos Chavez as Vice President, Branch Manager. Chavez will oversee the bank’s Stockton Branch at 2935 West March Lane, where he will be responsible for guiding branch operations, strengthening client relationships, and driving growth through a continued commitment to service excellence. His role will also include supporting the financial needs of local businesses and residents while further enhancing Oak Valley’s presence in the Stockton community.
Chavez joins the Bank with more than 21 years of banking experience. Most recently, he served as Vice President, Branch Manager for a large national bank, where he demonstrated a strong track record in operational leadership, team development, and sales performance. Throughout his career, Chavez has been recognized as a President’s Club recipient and consistently earned top performer honors for achieving outstanding business results while fostering a client-focused culture.
A long-time resident of Stockton, Chavez has deep ties to the community. He and his wife have raised their five children locally, and Chavez maintains strong community ties through his involvement with organizations such as the San Joaquin Hispanic Chamber of Commerce, Greater Stockton Chamber of Commerce, Stockton Rotary, and Stockton Golf & Country Club, and he is a dedicated financial literacy advocate. Chavez holds a bachelor’s degree in business administration from Heald College. Outside of work, he is involved in coaching youth football, enjoys traveling, spending time outdoors, and honing his golf game.
“Carlos brings a proven record of leadership and a genuine commitment to the communities we serve,” said Julie DeHart, Executive Vice President, Retail Banking Group. “His experience, community involvement, and focus on developing strong teams align perfectly with Oak Valley’s values, and we are excited to have him lead our Stockton Branch.”
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
Who is Carlos Chavez and what role did he take at Oak Valley Bancorp (OVLY) on Jan. 13, 2026?
What experience does Carlos Chavez bring to Oak Valley Community Bank (OVLY)?
Where is the Oak Valley Community Bank Stockton branch managed by Carlos Chavez located?
How will Carlos Chavez support the Stockton community as OVLY branch manager?
How many branches does Oak Valley Bancorp (OVLY) operate and which regions are included?
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