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Pacific Valley Bancorp owns Pacific Valley Bank, an OTC Pink-traded community bank headquartered in Monterey County and serving California's Central Coast. News commonly covers unaudited quarterly results, loan and deposit growth, total assets, net income, shareholders' equity, and regulatory capital measures such as the Community Bank Leverage Ratio.
Company updates also address organic growth initiatives, commercial lending and branch operations, full-service locations in Salinas, King City, Monterey, and Santa Cruz, and balance-sheet categories including C&I, agricultural real estate, commercial real estate, money market accounts, demand deposits, and certificates of deposit. Other recurring items include executive and commercial banking team appointments, facility expansion, and shareholder capital investment that supports the bank's independent local ownership structure.
Pacific Valley Bancorp (OTC Pink: PVBK) reported unaudited Q1 2026 results on April 27, 2026: total assets $627.8M, gross loans $529.4M (+7.7% YoY), deposits $536.6M (+12.0% YoY) and net income $1.16M (EPS $0.20).
Net interest income rose to $5.7M; net interest margin 3.75%. Allowance for credit losses was 1.49% of loans; non-performing loans 0.04%. Community Bank Leverage Ratio was 12.51%, above the 9.00% well-capitalized threshold.
Pacific Valley Bancorp (PVBK) reported unaudited Q4 2025 results: total assets $710.2M (+8.3% YoY), gross loans $535.8M (+10.3% YoY) and total deposits $620.3M (+7.0% YoY). Net income was $774K for Q4 and $3.59M for 2025, down vs. prior periods due to higher personnel expense and a $281K credit loss provision.
Key metrics: net interest margin 3.86% (Q4), allowance for credit losses 1.47% of gross loans, Community Bank Leverage Ratio 12.74%, and a new 16.3% ownership position by Taylor Fresh Foods.
Pacific Valley Bank (OTC: PVBK) announced that Taylor Fresh Foods (Taylor Farms) acquired a 16.3% ownership stake in the bank on January 6, 2026. The investment is described as a significant minority position by a locally based, family-owned company and is said to strengthen the bank's capital base while preserving independent governance and local decision-making.
The bank also said Jeff Cook of Taylor Farms will join its Board of Directors. Pacific Valley Bank noted it remains the only locally owned bank headquartered in Monterey County and that approximately 93% of outstanding shares are locally owned, with about 40% held by directors, officers, and other decision-makers.
Pacific Valley Bancorp (OTC Pink: PVBK) reported unaudited Q3 2025 results on October 23, 2025. Net income for Q3 was $950k, down 16.5% year-over-year but up 2.9% sequentially. Net interest income was $5.0M for the quarter and $14.5M year-to-date; net interest margin was 3.53% for Q3 and 3.51% for the nine months. Gross loans grew 10.2% YoY to $518.4M; deposits were $515.2M. Non-interest expense rose materially (+25.7% YTD) driven by higher personnel costs. Capital and liquidity remained strong: Community Bank Leverage Ratio was 13.03% and on-balance sheet liquidity totaled $67M.
Pacific Valley Bank (OTC: PVBK) has appointed Vida Villanueva as Executive Vice President and Chief Operating Officer. With nearly 30 years of experience in community, international banking, and financial services, Villanueva joins PVB from previous executive roles at Monterey County Bank, 1st Capital Bank, and HSBC.
In her new role, Villanueva will oversee Risk and Compliance, Information Technology, Innovation, Operations, and Human Resources. Her expertise spans multiple areas including risk management, compliance, operations, and strategic transformation. She will be instrumental in shaping the bank's long-term strategy and fostering a culture of growth and collaboration.
Pacific Valley Bancorp (OTC Pink: PVBK) reported Q2 2025 financial results with net income of $923 thousand, down 9.0% year-over-year. The bank's performance showed mixed results with gross loans growing 9.5% to $499.3 million year-over-year, while maintaining strong asset quality with non-performing loans at just 0.04%.
The bank's net interest margin improved to 3.61% in Q2 2025, up from 3.32% in Q2 2024. Total deposits increased by 6.7% to $490.2 million compared to the prior year. The bank maintains a strong capital position with a Community Bank Leverage Ratio of 13.37%, well above the 9.00% regulatory requirement.
Management highlighted strategic expansion plans including a new loan production office in Salinas and upcoming branch in Santa Cruz, though increased personnel and infrastructure investments impacted current earnings.
Pacific Valley Bancorp (OTC Pink: PVBK) reported Q1 2025 financial results with net income of $0.9 million, showing a 21.4% decrease from Q1 2024. The decline was primarily attributed to higher personnel expenses from increased staffing.
Key performance indicators include:
- Net interest margin improved to 3.43% from 3.30% in Q4 2024
- Gross loans grew 9.4% year-over-year to $491.7 million
- Non-performing loans ratio improved to 0.03% from 0.11% year-over-year
- Strong Community Bank Leverage Ratio at 13.27%, well above 9% requirement
The bank plans strategic expansion with a new Santa Cruz branch and increased presence in Salinas. Total assets reached $563.9 million, up 7.8% year-over-year. Despite a significant seasonal agricultural deposit outflow of $107 million in January, the bank maintains strong liquidity with combined on-balance sheet and contingent liquidity at 164% of uninsured deposits.
Pacific Valley Bank (OTC: PVBK) has announced a significant expansion of its commercial banking team with six key appointments in Monterey County. Glenna Datta joins as Executive Vice President and Regional Executive, bringing experience from her previous roles at 1st Capital Bank and Santa Cruz County Bank.
The expansion includes Senior Relationship Managers Robert Mina and Jessica Perez, Relationship Manager Jefferson Suruiz, and branch operations appointments Kelly Harless and Vikki Rodriguez for the King City location. The latter two bring 27 years of combined banking experience in the King City market.
This strategic expansion aligns with PVB's organic growth strategy, aimed at enhancing loan and deposit production capacity as the bank works toward reaching the billion-dollar asset size threshold.
Pacific Valley Bank (OTC: PVBF) has appointed David V. Heald to its Board of Directors, bringing nearly five decades of banking experience. Heald's notable achievements include growing Santa Cruz County Bank from $13.2 million to $1.6 billion in assets during his tenure as President, CEO, and Vice Chairman from 2004 to 2020.
Prior to this, Heald was a founding executive at Coast Commercial Bank, where he served as Chief Credit Officer and Chief Banking Officer, helping grow the institution from $3.2 million initial capitalization to a $100 million sale. He currently serves on several boards, including the Menlo College Board of Trustees, California Bankers Association Bankers Benefit Board, and California Community Bankers Network Board.
Pacific Valley Bancorp (PVBK) reported Q4 2024 financial results with net income of $1.1 million, down 8.7% year-over-year due to higher interest expenses. The company's net interest margin decreased to 3.30% from 3.69% in Q4 2023.
Key highlights include: gross loans growth of 7.4% to $486.0 million year-over-year, total deposits increase of 12.9% to $579.5 million, and shareholders' equity growth of 9.1% to $56.4 million. The Bank maintains a strong Community Bank Leverage Ratio of 13.33%, well above the 9% regulatory requirement.
Annual net income for 2024 was $4.4 million, an 8.7% decrease from 2023, primarily due to higher deposit interest expense and lower Fed funds interest income. The company's loan quality remains strong with non-performing loans at 0.03% of gross loans. No provision for credit losses was required, with the allowance at 1.57% of gross loans.