OTC-PINK:PVBK

Pacific Valley Bancorp Announces Its First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 25, 2024
CFO, Federal Home Loan Banks, CRE, Pressure, Bank, OTC Markets Group, Credit, Growth

SALINAS, Calif., April 25, 2024 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited financial results for the first quarter of 2024.

Key Points: 
  • SALINAS, Calif., April 25, 2024 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited financial results for the first quarter of 2024.
  • Net income for the quarter ended March 31, 2024, was $1.2 million representing an increase of 2.8% or $32 thousand from the quarter ended December 31, 2023.
  • Net interest margin for the first quarter March 31, 2024 was 3.57% compared with 3.67% for the same period in 2023.
  • Net Interest Income was $4.50 million for the quarter ended March 31, 2024, compared to $4.55 million for the quarter ended March 31, 2023.

Pacific Valley Bancorp Announces Stock Dividend

Retrieved on: 
Wednesday, February 28, 2024
OTC Markets Group

SALINAS, Calif., Feb. 28, 2024 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) today announced that the Board of Directors declared a 10% stock dividend payable on April 15, 2024 to shareholders of record as of the close of business on March 28, 2024.

Key Points: 
  • SALINAS, Calif., Feb. 28, 2024 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) today announced that the Board of Directors declared a 10% stock dividend payable on April 15, 2024 to shareholders of record as of the close of business on March 28, 2024.
  • The dividend will be issued in the form of additional shares of common stock.
  • Fractional shares will be rounded up to the nearest whole share of stock.

Pacific Valley Bancorp Announces Its Fourth Quarter 2023 Financial Results

Retrieved on: 
Tuesday, January 30, 2024
PPP, Growth, OTC Markets Group, CFO, Pressure, CECL, AFS, Marketing, Credit, Sale, Bank, Insurance, Federal Home Loan Banks, CRE, Cryptocurrency

SALINAS, Calif., Jan. 30, 2024 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited financial results for the fourth quarter 2023.

Key Points: 
  • SALINAS, Calif., Jan. 30, 2024 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited financial results for the fourth quarter 2023.
  • Net income for the quarter ended December 31, 2023, was $1.2 million representing a decrease of 6.7% or $85 thousand from the quarter ended September 30, 2023.
  • Net interest margin for the fourth quarter 2023 equated to 3.69% compared with 4.03% for the same period in 2022.
  • For the Company's subsidiary, Pacific Valley Bank, equity increased to $68.1 million at December 31, 2023 compared to $65.8 million at September 30, 2023.

Pacific Valley Bancorp Announces Third Quarter 2023 Financial Results

Retrieved on: 
Monday, October 23, 2023
Sale, AFS, OTC Markets Group, Federal funds, Bank, Federal Home Loan Banks, Pressure, CRE, PPP, Growth, CECL, Credit, CFO, Equity (finance), Rare-earth element, Cryptocurrency, Security (finance)

SALINAS, Calif., Oct. 23, 2023 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited financial results for the third quarter 2023.

Key Points: 
  • SALINAS, Calif., Oct. 23, 2023 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited financial results for the third quarter 2023.
  • Net income for the quarter ended September 30, 2023, was $1.3 million representing an increase of 2.2% or $27 thousand from the quarter ended September 30, 2022.
  • Net income for the quarter ended September 30, 2023, was $1.3 million representing an increase of 9.3% or $107 thousand from the quarter ended June 30, 2023.
  • For the Company's subsidiary, Pacific Valley Bank, equity increased to $65.8 million at September 30, 2023 compared to $64.6 million at June 30, 2023.

Pacific Valley Bancorp Announces Second Quarter 2023 Financial Results

Retrieved on: 
Monday, July 31, 2023
OTC Markets Group, Equity (finance), Federal Home Loan Banks, Pressure, Paycheck Protection Program, AFS, Sale, PPP, CECL, CFO, Growth, Bank, CRE, Credit, Video game, Cryptocurrency, Financial adviser

SALINAS, Calif., July 31, 2023 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited financial results for the second quarter 2023.

Key Points: 
  • SALINAS, Calif., July 31, 2023 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited financial results for the second quarter 2023.
  • Net income for the quarter ended June 30, 2023, was $1.1 million representing a decrease of 9.9% or $126 thousand from the quarter ended March 31, 2023.
  • For the Company's subsidiary, Pacific Valley Bank, equity increased to $64.6 million at June 30, 2023 compared to $63.5 million at March 31, 2023.
  • No provision for loan losses was recorded in the second quarter of 2023 or the second quarter of 2022.

Pacific Valley Bancorp Announces Its First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 1, 2023
OTC Markets Group, Life, Current Expected Credit Losses, Policy, Paycheck Protection Program, Silicon Valley Bank, AFS, Sale, Federal Home Loan Banks, Star, Silicon, PPP, Federal Reserve, Bauer Financial, CECL, Superior, CFO, Growth, EPS, Bank, Credit, Video game, Cryptocurrency, Financial adviser

SALINAS, Calif., May 1, 2023 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the first quarter 2023.

Key Points: 
  • SALINAS, Calif., May 1, 2023 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the first quarter 2023.
  • Net income for the quarter ended March 31, 2023, was $1.3 million, representing an increase of 12% or $135 thousand over the first quarter ended March 31, 2022.
  • Net Interest Income was $4.5 million for the quarter ended March 31, 2023 compared to $4.8 million for the quarter ended March 31, 2022.
  • Net income for the quarter ended March 31, 2023, was $1.3 million representing an increase of 12% or $135 thousand over the quarter ended March 31, 2022.

Pacific Valley Bancorp Announces Record Earnings in 2022 Financial Results

Retrieved on: 
Wednesday, February 1, 2023
CFO, Equity (finance), PPP, Credit, Growth, Bank, OTC Markets Group, Cryptocurrency

SALINAS, Calif., Jan. 31, 2023 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the fourth quarter 2022.

Key Points: 
  • SALINAS, Calif., Jan. 31, 2023 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the fourth quarter 2022.
  • Basic earnings per share of $0.31 for the three months ended December 31, 2022, compared to $0.17 for the same period in 2021.
  • Core Loans, excluding PPP, grew by 22.5% or $74.8 million from December 31, 2021 to December 31, 2022.
  • The Company's subsidiary, Pacific Valley Bank equity increased to $63.1 million at December 31, 2022 compared to $61.5 million at September 30, 2022.

Pacific Valley Bancorp Announces Stock Dividend

Retrieved on: 
Monday, November 21, 2022
Cyprus Securities and Exchange Commission, Security (finance), Environment, Bank, OTC Markets Group, Multimedia, Agriculture, Theft, Terrorism, Federal Reserve Bank of St. Louis, Federal Reserve Bank

SALINAS, Calif., Nov. 21, 2022 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) today announced that the Board of Directors declared a 10% stock dividend payable on January 20, 2023 to shareholders of record as of the close of business on December 30, 2022.

Key Points: 
  • SALINAS, Calif., Nov. 21, 2022 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) today announced that the Board of Directors declared a 10% stock dividend payable on January 20, 2023 to shareholders of record as of the close of business on December 30, 2022.
  • Pacific Valley Bancorp completed its formation and reorganization as a bank holding company for Pacific Valley Bank on January 4, 2022.
  • Pacific Valley Bank operates business at three locations; administrative headquarters and branch offices in Salinas, King City and Monterey, California.
  • Pacific Valley Bancorp has no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

Pacific Valley Bancorp Announces Its Third Quarter 2022 Financial Results

Retrieved on: 
Monday, October 31, 2022
Growth, Credit, Equity (finance), PPP, Income, Company, Paycheck Protection Program, OTC Markets Group, Bank, Renewable energy, Video game

SALINAS, Calif., Oct. 31, 2022 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the third quarter 2022.

Key Points: 
  • SALINAS, Calif., Oct. 31, 2022 /PRNewswire/ -- Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the third quarter 2022.
  • Net income for the quarter ended September 30, 2022, was $1.2 million representing a 47% or $395 thousand increase from the third quarter ended September 30, 2021.
  • The annualized net interest margin for the third quarter 2022 equated to 3.90% compared with 3.59% for the third quarter of 2021.
  • The Company's subsidiary, Pacific Valley Bank equity increased to $61.5 million at September 30, 2022 compared to $60.8 million at June 30, 2022.

Abaca and Pacific Valley Bank Partner to Expand California Cannabis Banking Options

Retrieved on: 
Thursday, August 25, 2022
Partnership, CEO, Technology, Agriculture, FDIC, PVB, Solution, Mark (given name), Theft, Federal Deposit Insurance Corporation, Lists of disasters, Compliance, USS Lucid (MSO-458), Risk, OTC Markets Group, Bank, Private Securities Litigation Reform Act, Industry, Environment, Terrorism, Drug, Abacá

SALINAS, Calif., Aug. 25, 2022 /PRNewswire/ -- Abaca, an industry-recognized financial platform for cannabis operators, and Pacific Valley Bank (OTC Pink: PVBK), are partnering to expand access to cannabis banking in the California market.

Key Points: 
  • SALINAS, Calif., Aug. 25, 2022 /PRNewswire/ -- Abaca, an industry-recognized financial platform for cannabis operators, and Pacific Valley Bank (OTC Pink: PVBK), are partnering to expand access to cannabis banking in the California market.
  • "Abaca has been an agile, reliable, and innovative industry leader in helping connect legal cannabis businesses with financial services," said Anker Fanoe, CEO at Pacific Valley Bank.
  • "Pacific Valley Bank is a community bank that has been a powerhouse serving the cannabis industry for over two years, with clients from San Diego to Sacramento.
  • Together, Abaca and Pacific Valley Bank are committed to delivering the highest quality banking experience to the California cannabis industry."