OTC:PVBK

Pacific Valley Bancorp Announces Its First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 25, 2024

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

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

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

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

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

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

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.