Business NewsMarketWire • Oak Valley Bancorp Reports 1st Quarter Results

Oak Valley Bancorp Reports 1st Quarter Results

Oak Valley Bancorp Reports 1st Quarter Results

OAKDALE, CA--(Marketwire - April 22, 2010) - Oak Valley Bancorp (NASDAQ: OVLY), the bank holding company for Oak Valley Community Bank and Eastern Sierra Community Bank, recently reported financial results. For the three months ended March 31, 2010, net income was $948,000, while net income available to common shareholders was $737,000, or $0.10 per diluted common share. This compared to net income available to common shareholders of $220,000, or $0.03 per diluted common share for the same period a year ago.

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