Oak Valley Bancorp
0.0 %
-0.54 %
Yet to be announced
Company Overview
Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank. It provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras. As of December 31, 2021, it operated through seventeen full-service branch offices.
Revenue Sources
Based on the financial data provided, a significant portion of the company's revenue comes from interest-based banking activities. The company operates as a traditional bank, with interest income being its primary source of revenue. Looking at the most recent four quarters, interest income consistently makes up over 90% of total revenue.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $19.5m | $3.49m | $17.66m | $3.49m | 90.53% | 100.00% |
| June 30, 2024 | $19.05m | $2.95m | $17.29m | $2.95m | 90.76% | 100.00% |
| March 31, 2024 | $18.76m | $2.75m | $17.24m | $2.75m | 91.90% | 100.00% |
| Dec. 31, 2023 | $19.67m | $2.3m | $17.91m | $2.3m | 91.08% | 100.00% |
The company is clearly operating as a traditional interest-based bank. Interest income and expense are fundamental to its business model and operations. The financial data shows that interest activities are not incidental but rather core to the company's business model.
Operational Ethics
Based on available information from SEC filings and public sources, there is no evidence of significant associations with entities involved in human rights violations. The company primarily operates in California's Central Valley and Eastern Sierra regions.
Login to join the discussion