Oak Valley Bancorp(OVLY) - 2024 Q2 - Quarterly Results

Exhibit 99.1 OAK VALLEY BANCORP REPORTS 2nd QUARTER RESULTS AND ANNOUNCES CASH DIVIDEND "Our earnings performance reflects our consistent and prudent approach to managing our business. We continue to focus on relationship-based core deposit growth which enables us to maintain our lending activity and enhance profitability," stated Rick McCarty, President and Chief Operating Officer. Total assets were $1.84 billion at June 30, 2024, an increase of $34.1 million over March 31, 2024 and a decrease of $21.2 mil ...