Business News • MarketWire • Oak Valley Bancorp Reports 3rd Quarter Results |
Oak Valley Bancorp Reports 3rd Quarter Results |
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Oak Valley Bancorp Reports 3rd Quarter Results
OAKDALE, CA--(Marketwire - October 20, 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
September 30, 2010, the Bank reported net income of $1,141,000, compared to
net income of $879,000 for the three months ended September 30, 2009. After
adjustment for preferred stock dividends and accretion this represents net
income available to common shareholders of $931,000, or $0.12 per diluted
common share, compared to $669,000, or $0.09 per diluted common share, for
the three months ended September 30, 2009.
View More : http://www.marketwire.com/mw/release.do?id=1338691&sourceType=3
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