Oak Valley Bancorp's net income decreased due to higher operating expenses in Q1 2025.

From GlobeNewswire: 2025-04-18 17:00:00

Oak Valley Bancorp reported a net income of $5,297,000 for the first quarter of 2025, with a decrease compared to prior periods due to higher operating expenses. Net interest income was $17,807,000, with a net interest margin of 4.09%. Non-interest income increased to $1,613,000, while non-interest expenses totaled $12,624,000. Total assets were $1.92 billion, with gross loans at $1.09 billion. Non-performing assets remained at zero, with an allowance for credit losses at 1.05%. Oak Valley Bancorp operates through 18 branches and plans to open a new location in Lodi later this year. CEO Chris Courtney emphasized a commitment to steady growth and risk management.



Read more at GlobeNewswire: Oak Valley Bancorp Reports 1st Quarter Results