Oak Valley Bancorp Business Summary

Oak Valley Bancorp (OVLY) operates as the bank holding company for Oak Valley Community Bank and its Eastern Sierra Community Bank division, providing full-service commercial and retail banking across 19 branches in California’s Central Valley and Sierra regions. The company generates the vast majority of its revenue through net interest income, managing a loan portfolio exceeding $1.1 billion that is primarily concentrated in commercial real estate, agricultural lending, and small-to-medium business lines of credit. This core interest-based revenue is supplemented by non-interest income streams, including deposit service charges, merchant services, and investment advisory fees. Within the competitive landscape, Oak Valley Bancorp competes directly with regional players such as Sierra Bancorp, Plumas Bancorp, Central Pacific Financial Corp, and FirstSun Capital Bancorp, distinguishing itself through a hyper-local, relationship-driven model that prioritizes credit quality and personalized service over the automated scale of national money-center banks. Originally founded in 1991 by a group of local business professionals in Oakdale, California, the bank is currently undergoing a significant leadership transition. Longtime CEO Christopher M. Courtney, who joined the firm in 1996 and oversaw its growth from $45 million to over $2 billion in assets, is scheduled to retire on June 30, 2026. He will be succeeded by Richard A. McCarty, the current President and COO, who brings over 26 years of experience within the institution, including previous roles as CFO and Chief Administrative Officer. The executive team is further anchored by EVP and CFO Jeffrey A. Gall and EVP Chief Risk Officer Kim D. Booke. Governance is overseen by a board of directors chaired by Daniel J. Leonard, CEO of Bronco Wine Company, and includes notable regional figures such as Thomas A. Haidlen and Allison Lafferty, reinforcing the bank's deep-rooted ties to the California business community.