Oak Valley Bancorp (CA) (OVLY) Financial Statements (2024 and earlier)

Company Profile

Business Address 125 N. THIRD AVE.
OAKDALE, CA 95361
State of Incorp. CA
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments432,623781,658230,081150,891129,251149,173
Cash and cash equivalents429,633778,267226,656147,594126,145149,173
Short-term investments2,9903,3913,4253,2973,106 
Total current assets:432,623781,658230,081150,891129,251149,173
Noncurrent Assets
Operating lease, right-of-use asset   4,5854,312
Property, plant and equipment15,30015,42215,77015,22914,93714,478
Long-term investments and receivables 14,5824,3594,6885,1205,476266
Long-term investments 14,5824,3594,6885,1205,476266
Intangible assets, net (including goodwill), including:3,5583,6473,7403,8373,9424,056
Goodwill 3,3133,3133,313  3,313
Intangible assets, net (excluding goodwill)      743
Other undisclosed intangible assets, net (including goodwill)2453344273,8373,942 
Total noncurrent assets:33,44023,42828,78328,49824,35518,800
Other undisclosed assets1,502,2831,159,3921,252,614968,396941,281866,879
TOTAL ASSETS:1,968,3461,964,4781,511,4781,147,7851,094,8871,034,852
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,841,7201,821,8661,381,7841,035,215995,849944,085
Total liabilities:1,841,7201,821,8661,381,7841,035,215995,849944,085
Equity
Equity, attributable to parent126,626142,612129,694112,57099,03890,767
Common stock25,43525,43525,43525,43525,42924,773
Additional paid in capital5,1904,6894,2163,7773,3583,576
Accumulated other comprehensive income (loss)(30,727)6,1887,6942,397(435)989
Retained earnings126,728106,30092,34980,96170,68661,429
Total equity:126,626142,612129,694112,57099,03890,767
TOTAL LIABILITIES AND EQUITY:1,968,3461,964,4781,511,4781,147,7851,094,8871,034,852

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues47,04044,40340,47236,73034,53732,333
Net investment income47,04044,40340,47036,73034,53730,741
Cost of revenue  (2,165)(545)(555)(350)
Provision for loan, lease, and other losses  (2,165)(545)(555)
Financial services costs(350)
Gross profit:47,04044,40338,30736,18533,98231,983
Operating expenses(6,494)(6,089)(5,704)(5,400)(5,338)(19,016)
Other operating income, net
(Noninterest Income, Other Operating Income)
1,4191,4211,328  3,475
Operating income:41,96539,73533,93130,78528,64416,442
Nonoperating income749719728  514
Bank owned life insurance income749719694  514
Interest and debt expense(1,119)(971)(1,153)(1,568)(1,606)(1,065)
Other undisclosed loss from continuing operations before equity method investments, income taxes   (15,763)(12,528)(11,691)(650)
Income from continuing operations before equity method investments, income taxes:41,59539,48317,74316,68915,34715,241
Other undisclosed loss from continuing operations before income taxes(11,906)(17,806)    
Income from continuing operations before income taxes:29,68921,67717,74316,68915,34715,241
Income tax expense(6,787)(5,340)(4,056)(4,200)(3,810)(6,147)
Income from continuing operations:22,90216,33713,68712,48911,5379,094
Income before gain (loss) on sale of properties:16,33713,68712,48911,5379,094
Net income available to common stockholders, diluted:22,90216,33713,68712,48911,5379,094

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:22,90216,33713,68712,48911,5379,094
Other comprehensive income (loss)(52,410)2,1387,5214,021(81)(395)
Comprehensive income (loss):(29,508)18,47521,20816,51011,4568,699
Other undisclosed comprehensive income (loss), net of tax, attributable to parent15,495(3,644)(2,224)(1,189)(1,506)1,446
Comprehensive income (loss), net of tax, attributable to parent:(14,013)14,83118,98415,3219,95010,145

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: