Oak Valley Bancorp OVLY Income Statement

Oak valley bancorp (OVLY)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
INTEREST INCOME
Interest and fees on loans
8,791	8,893	8,878	8,615	8,427	8,352	8,149	7,628	7,571	7,677	7,300	7,230	6,921	6,979	6,807	7,129	6,548	5,759	5,515	5,376	5,403	5,808	5,555	5,343	5,305	5,586	5,276	5,311	5,232	5,515	5,633	5,585	5,715	5,857	5,887	5,922	5,941	6,405	6,388
Interest on securities
1,359	1,345	1,463	1,525	1,539	1,529	1,463	1,417	1,228	1,190	1,138	1,102	1,074	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	1,086	1,045	1,016	977	942	914	898	875	914	945	933	916	911	894	870	786	796	860	877	833	803	810	768	694	592	592
Interest on federal funds sold
42	89	46	56	51	52	55	47	37	36	28	21	15	17	4	5	9	10	8	9	7	9	6	10	13	8	5	5	6	12	6	4	5	10	4	11	15	3	2
Interest on deposits with banks
367	402	442	315	516	774	707	594	571	412	428	372	301	175	169	147	176	93	72	72	67	46	39	51	43	50	49	54	57	52	28	24	29	31	28	23	16	13	3
Total interest income
10,559	10,729	10,829	10,511	10,533	10,707	10,374	9,686	9,407	9,315	8,894	8,725	8,311	8,257	8,025	8,297	7,710	6,804	6,509	6,355	6,352	6,777	6,545	6,337	6,277	6,556	6,224	6,240	6,083	6,376	6,528	6,492	6,583	6,703	6,730	6,726	6,667	7,014	6,986
INTEREST EXPENSE
Deposits
331	379	384	383	422	527	430	359	290	292	274	270	229	209	196	191	168	154	155	155	151	156	156	162	173	184	194	216	233	261	274	280	315	356	375	407	440	570	657
Federal funds purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	4	-	15	18	-	-	-
Federal funds purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
FHLB advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	85	84
Total interest expense
331	379	384	383	422	527	430	359	290	292	274	270	229	209	196	191	168	154	155	155	151	156	156	162	173	184	194	216	233	261	274	280	319	368	391	425	462	655	742
Net interest income
10,228	10,350	10,445	10,128	10,111	10,180	9,944	9,327	9,117	9,023	8,620	8,455	8,082	8,048	7,829	8,106	7,542	6,650	6,354	6,200	6,201	6,621	6,389	6,175	6,104	6,372	6,030	6,024	5,849	6,115	6,253	6,212	6,263	6,334	6,339	6,300	6,205	6,358	6,244
Provision for loan losses
450	210	240	95	0	555	0	0	0	245	70	35	0	-	90	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	125	200	0	0	0	-125	0	0	-1,877	0	0	100	100	100	250	300	300	300	300	300	300	600	1,005	1,005
Net interest income after provision for loan losses
9,778	10,140	10,205	10,033	10,111	9,625	9,944	9,327	9,117	8,778	8,550	8,420	8,082	7,979	7,739	7,981	7,342	6,650	6,354	6,200	6,326	6,621	6,389	8,052	6,104	6,372	5,930	5,924	5,749	5,865	5,953	5,912	5,963	6,034	6,039	6,000	5,605	5,353	5,239
NON-INTEREST INCOME
Service charges on deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	343	341	337	333	313	307	308	312	337	364	336	309	333	318	299	286	304	287	300	281	273	306	282	258	272	259
Earnings on cash surrender value of life insurance
174	176	174	127	125	130	130	126	125	128	130	128	128	136	102	95	108	107	108	106	108	111	111	110	101	97	101	105	100	108	105	105	105	107	109	86	128	103	100
Gains on sales and calls of available-for-sale securities
0	1	27	1	109	0	3	7	71	-	4	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage commissions
-	-	-	-	-	-	-	-	-	-	-	-	-	60	49	49	46	35	26	42	45	18	60	49	30	32	60	86	50	67	63	60	47	40	37	16	9	30	25
Gains on sales and calls of securities
-	-	-	-	-	-	-	-	-	-	-	-	389	24	10	12	6	21	3	73	109	180	17	4	8	7	18	16	18	21	35	13	21	-	-	-	-	-	-
Gain on sale of other real estate owned
-	-	0	0	-	0	0	0	193	0	211	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
383	294	300	357	352	368	279	173	263	364	262	1,241	293	680	575	563	544	483	521	627	453	441	388	428	362	340	369	312	328	352	299	192	376	215	310	294	274	269	347
Total non-interest income
1,284	1,255	1,275	1,242	1,275	1,232	1,137	1,011	1,332	1,193	1,276	2,036	1,471	1,243	1,077	1,056	1,037	959	965	1,156	1,027	1,087	940	927	810	811	866	818	784	854	790	672	831	636	763	679	671	676	732
NON-INTEREST EXPENSE
Salaries and employee benefits
4,601	4,183	4,333	4,480	4,404	4,104	4,088	4,076	4,019	3,507	3,534	3,457	3,612	3,614	3,225	3,370	3,355	2,927	2,852	2,955	2,983	2,906	2,796	2,704	2,714	2,388	2,451	2,595	2,543	2,456	2,462	2,514	2,575	2,255	2,356	2,379	2,333	2,143	2,150
Occupancy expenses
868	835	911	857	890	874	882	988	887	850	823	817	856	814	819	813	838	795	743	724	747	725	719	713	745	702	739	741	740	687	766	743	750	765	731	675	656	690	659
Data processing fees
494	511	477	472	447	437	428	426	416	406	399	409	346	258	435	440	471	389	366	358	353	341	339	330	326	368	331	303	304	290	282	278	277	264	253	239	258	233	236
Merger expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OREO expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	20	30	8	101	248	35	216
Regulatory assessments (FDIC & DBO)
30	30	28	102	110	102	110	114	114	110	102	136	144	138	178	170	157	138	123	131	114	101	118	120	120	120	120	120	120	114	114	116	117	111	135	198	198	258	258
Other operating expenses
1,456	1,588	1,408	1,399	1,382	1,404	1,312	1,301	1,296	1,349	1,202	1,257	1,249	1,193	1,267	1,394	1,366	2,835	1,215	1,025	902	1,179	1,140	1,122	976	1,089	977	975	930	982	901	962	855	831	723	806	829	828	796
Total non-interest expense
7,449	7,147	7,157	7,310	7,233	6,921	6,820	6,905	6,732	6,222	6,060	6,076	6,207	6,017	5,924	6,187	6,187	7,084	5,299	5,193	5,099	5,252	5,112	4,989	4,881	4,668	4,618	4,734	4,639	4,512	4,527	4,612	4,596	4,258	4,208	4,400	4,525	4,188	4,316
Net income before provision for income taxes
3,613	4,248	4,323	3,965	4,153	3,936	4,261	3,433	3,717	3,749	3,766	4,380	3,346	3,205	2,892	2,850	2,192	525	2,020	2,163	2,254	2,456	2,217	3,990	2,033	2,515	2,178	2,008	1,894	2,207	2,217	1,972	2,198	2,412	2,594	2,279	1,750	1,841	1,654
Total provision for income taxes
904	1,057	1,092	1,002	1,049	957	1,096	842	915	2,160	1,298	1,550	1,139	883	962	946	683	35	638	653	728	814	682	1,453	625	807	673	634	595	718	738	620	737	915	845	829	585	700	616
Net Income
2,709	3,191	3,231	2,963	3,104	2,979	3,165	2,591	2,802	1,589	2,468	2,830	2,207	2,322	1,930	1,904	1,509	490	1,382	1,510	1,526	1,642	1,535	2,537	1,408	1,707	1,505	1,374	1,299	1,489	1,478	1,351	1,460	1,496	1,748	1,449	1,165	1,140	-
NET INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,038
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	67	84	84	114	168	168	571	210	210	210	210
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,707	1,505	1,374	1,231	1,404	1,394	1,237	1,292	1,328	1,177	1,238	955	930	828
Net income per share (in dollars per share)
0.33	0.39	0.40	0.37	0.38	0.37	0.39	0.32	0.35	0.20	0.31	0.35	0.27	0.28	0.24	0.24	0.19	0.06	0.17	0.19	0.19	0.21	0.19	0.32	0.18	0.22	0.19	0.18	0.16	-	-	-	-	-	-	-	-	-	-
NET INCOME PER COMMON SHARE (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.18	0.16	0.17	0.18	0.15	0.16	0.12	0.12	0.11
Net income per diluted share (in dollars per share)
0.33	0.39	0.40	0.37	0.38	0.36	0.39	0.32	0.35	0.20	0.31	0.35	0.27	0.28	0.24	0.24	0.19	0.06	0.17	0.19	0.19	0.20	0.19	0.32	0.18	0.21	0.19	0.18	0.16	0.18	0.18	0.16	0.17	0.18	0.15	0.16	0.12	0.12	0.11
Deposit Account [Member]
Other income
387	408	415	403	393	423	388	368	370	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit Card [Member]
Other income
295	341	355	327	274	295	308	304	278	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Banking [Member]
Other income
45	35	4	27	22	16	29	33	32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-