Welcome to our dedicated page for Oak Vally Bancrp SEC filings (Ticker: OVLY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Oak Valley Bancorp filings document the regulatory record of a California bank holding company for Oak Valley Community Bank and its Eastern Sierra Community Bank division. Its Form 8-K reports disclose operating results, Regulation FD releases, credit-loss provisions, dividends, and management-transition matters affecting the bank holding company and its wholly owned banking subsidiary.
Proxy filings cover board and governance matters, executive compensation, equity-award values, pay-versus-performance disclosures, and shareholder voting materials. Together, the filings describe the company’s community-bank operating performance, capital and governance structure, public-company reporting obligations, and formal disclosure controls for material events.
Oak Valley Bancorp is asking shareholders to vote at its June 16, 2026 annual meeting on electing four directors, ratifying RSM US LLP as auditor for 2026, and handling any other proper business. Shareholders of record on April 22, 2026, holding 8,413,458 common shares, may vote.
The proxy describes board structure, independence and committees, notes that all major committees are composed of independent directors, and outlines director nomination and related‑party review policies. It also details executive roles and a pay program combining salary, performance‑based cash bonuses and stock awards, guided by peer benchmarking and prior advisory support for say‑on‑pay.
Oak Valley Bancorp reported first-quarter 2026 net income of $5.3 million, or $0.64 per diluted share, compared with $6.3 million, or $0.77, in the prior quarter and $5.3 million, or $0.64, a year earlier. The sequential decline mainly reflects higher operating expenses and lower net interest income.
Net interest income was $18.8 million, down from $19.5 million in the prior quarter but up from $17.8 million a year ago, with net interest margin at 4.12%. Non-interest income rose to $2.0 million, helped by a special Federal Home Loan Bank dividend, while non-interest expense increased to $13.5 million as the bank supports growth.
Total assets were $2.01 billion, with $1.15 billion in gross loans and $1.78 billion in deposits at March 31, 2026. Nonperforming assets were $4.6 million, or 0.23% of total assets, tied to one collateral-dependent loan, and the allowance for credit losses was $12.9 million, or 1.13% of gross loans. Liquidity remained solid with $201.6 million in cash and cash equivalents.
Oak Valley Bancorp describes a community banking business centered on Oak Valley Community Bank, serving California’s Central Valley and Eastern Sierras through 19 full‑service branches as of December 31, 2025. The bank focuses on commercial and real estate lending, with 91% of its loan portfolio in real estate and an aggregate commercial real estate loan‑to‑value of 44.9%. Non‑owner occupied commercial real estate represents 69.9% of commercial real estate commitments. Deposits were about $1.7 billion, or roughly 1.9% of $90.8 billion local deposits as of June 30, 2025. The company outlines detailed underwriting, capital and regulatory frameworks, plus extensive risk factors tied to economic conditions, interest rates, competition, regulation, cybersecurity and climate‑related developments. As of March 13, 2026, it had 8,413,458 common shares outstanding and employed 245 people.
Oak Valley Bancorp CEO and director Christopher M. Courtney reported an award of 5,267 shares of common stock on February 27, 2026 as a grant of restricted stock under the company’s Stock Incentive Plan, at no cash price per share. These restricted shares vest 20% annually on February 28 of each year from 2027 through 2031, and are subject to transfer restrictions and forfeiture conditions until vested. The filing also records a discretionary transaction adjusting his holdings by 2,079 shares as of December 31, 2025 for shares acquired through the 401(k) profit sharing plan. Following the most recent award, Courtney directly owns 243,647 common shares.
Oak Valley Bancorp executive vice president of commercial real estate Cathy Ghan reported several internal share movements in the company’s common stock. On February 27, 2026, she surrendered multiple small blocks of shares coded "F" to satisfy tax liabilities on previously granted restricted stock as those awards vested, rather than selling shares in the open market.
On the same date, she received a grant of restricted stock coded "A" as an award under the company’s stock incentive plan, which will vest 20% annually from February 28, 2027 through February 28, 2031 and is subject to transfer restrictions and potential forfeiture until vesting. The filing also notes earlier adjustments for shares acquired through the company 401(k) and profit-sharing plans under a Rule 10b5-1 purchase program.
Oak Valley Bancorp executive Theresa Roland, EVP Chief HR Officer, reported an award of 784 shares of restricted common stock on February 27, 2026 under a Stock Incentive Plan. The restricted stock vests 20% annually on February 28 of 2027, 2028, 2029, 2030, and 2031.
The filing also records a 630‑share discretionary transaction dated December 31, 2025, described as an adjustment to holdings for shares acquired through the company’s 401(k) profit sharing plan in 2025.
Oak Valley Bancorp executive William D. Nunes reported administrative share movements, mainly related to taxes and retirement plans. On February 27, 2026, he disposed of 123 shares of common stock at $0.00 per share through a tax-withholding disposition tied to vested restricted stock, leaving 15,707 shares held directly.
A separate entry dated December 31, 2025 records a 400-share discretionary transaction under Rule 16b-3(f), linked in the footnotes to adjustments for shares acquired through the company 401(k) profit sharing plan in 2025. Footnotes note that 401(k) purchases occur under a 10b5-1 plan with various dates and prices.
Oak Valley Bancorp EVP and Chief Information Officer Russell E. Stahl reported several equity-related transactions. On February 27, 2026, he received an award of 784 shares of restricted common stock under the Stock Incentive Plan, vesting 20% annually from February 28, 2027 through February 28, 2031. That same day, he surrendered a total of 921 shares of common stock in multiple tax-withholding dispositions tied to restricted stock granted between 2021 and 2025 as those awards vested. A prior December 31, 2025 discretionary transaction adjusted holdings by 1,263 shares for 401(k) profit sharing. After these moves, he directly owns about 40,012 shares of Oak Valley Bancorp common stock.
Oak Valley Bancorp executive Gary Stephens reported several routine share adjustments in company stock. On February 27, 2026, he surrendered multiple small amounts of Common Stock to cover tax liabilities on previously granted restricted stock that vested on that date, as indicated by the tax-withholding disposition code and related footnotes.
On the same day, he received a grant of 784 shares of restricted stock under the company’s Stock Incentive Plan, which will vest 20% annually on specified dates from February 28, 2027 through February 28, 2031. A prior December 31, 2025 adjustment reflects 1,387 shares acquired through the company’s 401(k) and profit-sharing plans under a Rule 10b5-1 purchase plan.
Oak Valley Bancorp executive vice president and chief credit officer Michael J. Rodrigues reported several routine equity transactions in company common stock. On February 27, 2026, he surrendered multiple small share blocks to cover tax liabilities tied to previously issued restricted stock that vested on that date and received a 784-share restricted stock award under the stock incentive plan. A separate adjustment reflects shares acquired through the company 401(k) and profit-sharing plan, leaving him with direct ownership in the mid-76,000-share range.