Oak Valley Bancorp filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 10, 2026, reporting third-quarter net income of $6.45 million and a significant widening of accumulated other comprehensive loss in its securities portfolio.

Key Highlights

  • Net income: Oak Valley Bancorp reported net income of $6,450 thousand for the three months ended September 30, 2026, compared with $6,693 thousand for the same period in 2025.
  • Net interest income: Net interest income was $19,802 thousand for Q3 2026, up from $19,197 thousand in Q3 2025, according to the filing.
  • Comprehensive loss: The company disclosed total comprehensive loss of $22,944 thousand for the three months ended September 30, 2026, driven by an unrealized holding loss of $41,734 thousand on securities before tax.
  • Accumulated other comprehensive loss: Accumulated other comprehensive loss, net of tax, widened to $(46,921) thousand at September 30, 2026 from $(18,672) thousand at December 31, 2025.
  • Total assets: Total assets were $1,976,174 thousand at September 30, 2026, down from $2,023,116 thousand at December 31, 2025.
  • Earnings per share: Net income per diluted share was $0.77 for Q3 2026, compared with $0.81 for Q3 2025.
  • Dividend declared: A cash dividend of $0.375 per share of common stock was declared during the quarter, the filing stated.

Oak Valley Bancorp Third-Quarter 2026 Financial Results and Balance Sheet Position

According to the Form 10-Q filed with the SEC for the period ended September 30, 2026, Oak Valley Bancorp (NASDAQ:OVLY) reported net interest income of $19,802 thousand for the third quarter of 2026, an increase from $19,197 thousand in the third quarter of 2025. Total interest income rose to $23,353 thousand from $22,517 thousand year over year, with interest and fees on loans contributing $16,211 thousand. Total interest expense was $3,551 thousand for Q3 2026, compared with $3,320 thousand in Q3 2025, with deposits representing the sole component of interest expense in both periods.

The filing disclosed that the provision for credit losses was $42 thousand in Q3 2026, compared with a reversal of credit losses of $60 thousand in Q3 2025. Non-interest income totaled $1,851 thousand for the quarter, while non-interest expense reached $13,420 thousand, up from $12,700 thousand a year earlier. Salaries and employee benefits were the largest component of non-interest expense at $8,332 thousand. Net income before provision for income taxes was $8,191 thousand for the three months ended September 30, 2026, and total provision for income taxes was $1,741 thousand, resulting in net income of $6,450 thousand.

On the balance sheet, the company reported total assets of $1,976,174 thousand and total deposits of $1,762,583 thousand at September 30, 2026. Net loans stood at $1,141,026 thousand, net of an allowance for credit losses of $11,214 thousand. Total shareholders' equity declined to $191,099 thousand from $207,975 thousand at December 31, 2025, primarily due to a $28,249 thousand after-tax decrease in accumulated other comprehensive loss for the nine months ended September 30, 2026, reflecting unrealized losses on available-for-sale securities. As of November 2, 2026, the company reported 8,419,917 shares of common stock outstanding.

What Was Disclosed

Oak Valley Bancorp's 10-Q for September 30, 2026 disclosed quarterly net income of $6,450 thousand, net interest income of $19,802 thousand, a comprehensive loss of $22,944 thousand driven by unrealized securities losses, total assets of $1,976,174 thousand, and a per-diluted-share earnings figure of $0.77.