Oak View Bankshares, Inc. (OAKV)
Oak View Bankshares, Inc. functions as the parent entity for Oak View National Bank, delivering a comprehensive suite of financial services to individual customers and businesses alike. Its operations primarily serve clients within Fauquier, Culpeper, and Rappahannock counties in Virginia. The institution offers a diverse range of deposit products, including checking, savings, money market, and retirement accounts, in addition to certificates of deposit (CDs) and CDARs. For commercial clients, it provides extensive lending options such as Small Business Administration (SBA) programs, revolving lines of credit, term loans, commercial real estate financing, and extended-term funding solutions. Consumers can access personal loans, home equity loans and lines of credit, and mortgage financing or refinancing. Specialized offerings also include loans for churches and municipal leasing programs. Furthermore, the bank furnishes advanced treasury management services like ACH processing, remote deposit capture, and merchant solutions, alongside credit cards and accessible online and mobile banking platforms. Established in 2009, the company is headquartered in Warrenton, Virginia.
Sector: National Commercial Banks
Industry: Banks - Regional
Oak View Bankshares, Inc.
OTC:OAKVFinancial Services · Banks - Regional
+0.26%$19.45
Mkt Cap$68.9M
Float2.6M
O/S3.54M
Inst Own-
SI<0.1%
Div Yield1.80%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$44.15M
Net Income$7.22M
Total Assets$878.04M
Free Cash Flow$2.27M
Debt & Equity
Debt 64%
Equity 36%
Total Debt$101.4M
Total Equity$57.82M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in OAKV's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$878.04M
Liabilities$820.21M
Accounts Receivable$3.52M
Accounts Payable$0
Inventory$0
PP&E (Net)$11.5M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $44.15M | $38.26M | $16.73M | $16.06M | $12.85M | $11.47M | $9.28M | $8.79M | $9.09M | $8.25M |
| YoY Growth | 15.4% | 128.7% | 4.1% | 25.0% | 12.0% | 23.7% | 5.6% | -3.3% | 10.1% | - |
| Cost of Revenue | $20.89M | $38.26M | -$13.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $23.26M | $20.04M | $29.87M | $16.06M | $12.85M | $11.47M | $9.28M | $8.79M | $9.09M | $8.25M |
| Gross Margin | 52.7% | 52.4% | 178.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $9.05M | $10.25M | $9.58M | $8.12M | $7.67M | $5.9M | $4.23M | $4.06M | $0 | $0 |
| Other | $5.47M | $0 | $0 | $0 | $0 | $0 | -$2.23M | -$10.69M | $1.67M | $1.48M |
| Total Operating Expenses | $14.52M | $10.25M | $9.58M | $8.12M | $7.67M | $5.9M | $2M | -$6.63M | $1.67M | $1.48M |
| Operating Income (EBIT) | $8.74M | $9.79M | $5.28M | $3.82M | $3.1M | $2.4M | $2.55M | $2.16M | $0 | $0 |
| Operating Margin | 19.8% | 25.6% | 31.6% | 23.8% | 24.1% | 21.0% | 27.5% | 24.6% | - | - |
| Interest Expense | $20.67M | $0 | $2.81M | $878K | $206K | $346K | $2.46M | $1.91M | $275K | $211K |
| Interest Income | $42.16M | $0 | $0 | $0 | $0 | $0 | $10.79M | $9.98M | $0 | $0 |
| Other Income (Expense) | $0 | -$2.16M | -$1.9M | -$27K | -$1.04M | $135K | $0 | $0 | -$5.74M | -$50 |
| Income Before Tax (EBT) | $8.74M | $7.63M | $5.25M | $3.79M | $3.1M | $2.54M | $2.55M | $2.16M | $1.67M | $1.6M |
| Income Tax Expense | $1.51M | $1.53M | $1.04M | $739K | $626K | $522K | $506K | $426K | $837K | $473K |
| Net Income | $7.22M | $6.1M | $4.21M | $3.06M | $2.47M | $2.02M | $2.04M | $1.73M | $837K | $1.13M |
| Net Income Margin | 16.4% | 15.9% | 25.2% | 19.0% | 19.2% | 17.6% | 22.0% | 19.7% | 9.2% | 13.7% |
| Supplementary Data | ||||||||||
| EPS | 2.15 | 2.07 | 1.43 | 1.03 | 0.84 | 0.70 | 0.71 | 0.60 | 0.29 | 0.39 |
| Diluted EPS | 2.15 | 2.07 | 1.43 | 1.03 | 0.84 | 0.69 | 0.70 | 0.59 | 0.29 | 0.39 |
| Weighted Average OS | 3.36M | 2.94M | 2.95M | 2.96M | 2.93M | 2.89M | 2.87M | 2.87M | 2.87M | 2.87M |
| EBITDA | $8.74M | $7.63M | $5.28M | $3.82M | $3.28M | $2.61M | $2.76M | $2.36M | $186K | $230K |
| EBITDA Margin | 19.8% | 19.9% | 31.6% | 23.8% | 25.5% | 22.8% | 29.8% | 26.9% | 2.1% | 2.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $2.17M | $16.52M | $8.87M | $8.74M | $49.96M | $10.9M | $19.07M | $19.56M | -$2.79M | -$1.82M |
| Short-Term Investments | $335K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.5M | $1.71M | $8.87M | $8.74M | $49.96M | $10.9M | $19.07M | $19.56M | -$2.79M | -$1.82M |
| Accounts Receivable | $3.52M | $0 | $0 | $0 | $0 | $0 | $600K | $571K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$46.89M | -$23.25M | $0 | $0 |
| Other Current Assets | $0 | $46.97M | $0 | $3.58M | $7.13M | $13.47M | $46.89M | $23.25M | $20.91M | $25.21M |
| Total Current Assets | $6.03M | $46.97M | $8.87M | $12.32M | $57.1M | $24.37M | $19.67M | $20.13M | $20.91M | $25.21M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $11.5M | $12.31M | $6.78M | $6.42M | $6.22M | $5.47M | $5.64M | $5.7M | $5.73M | $5.85M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $600K | $571K | $0 | $0 |
| Long-Term Investments | $845.72M | $0 | $0 | $4.01M | $7.9M | $14.3M | $2.65M | $2.65M | $17.65M | $24.53M |
| Deferred Tax Assets | $799K | $2.11M | $1.5M | $1.86M | $639K | $660K | $483K | $548K | $543K | $870K |
| Other Long-Term Assets | $14.79M | $680.11M | $584.51M | $10.54M | $5.68M | $5.71M | -$8.29M | -$8.35M | $5.19M | $5.02M |
| Total Long-Term Assets | $872.01M | $694.53M | $591.3M | $485.78M | $288.04M | $260.3M | $8.29M | $8.35M | $197.46M | $174.84M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $235.78M | $209.7M | $0 | $0 |
| Total Assets | $878.04M | $695.4M | $600.16M | $498.1M | $345.14M | $284.67M | $263.74M | $238.19M | $218.37M | $200.05M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $47.9M | $15M | $0 | $17M | $0 | $0 | $12.9M | $0 | $5M | $9.9M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $296.71M | $319.74M | $174.23M | $89.98M | $0 | $43.72M | -$1.08M | $71.6M | $39.64M |
| Total Current Liabilities | $47.9M | $311.71M | $324.37M | $200.1M | $91.24M | $1.57M | $57.97M | $40.05M | $76.6M | $49.54M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $53.5M | $48.67M | $48.63M | $22.21M | $14.9M | $16.9M | $29.8M | $23.8M | $15.9M | $8M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $104.53M | $122.03M |
| Long-Term Deferred Tax Liabilities | $0 | $964K | $0 | $115K | $37K | $0 | $0 | $0 | $14K | $33K |
| Other Long-Term Liabilities | $718.81M | $607.59M | $518.86M | $248.66M | $164.42M | $241.46M | $0 | -$23.8M | $934K | $896K |
| Total Long-Term Liabilities | $772.31M | $656.25M | $567.49M | $270.99M | $179.36M | $258.36M | $29.8M | $23.8M | $121.38M | $130.96M |
| Other Liabilities | $0 | $0 | -$324.37M | $0 | $0 | $0 | -$57.97M | -$40.05M | $0 | $0 |
| Total Liabilities | $820.21M | $657.13M | $567.49M | $471.09M | $316.5M | $258.36M | $29.8M | $23.8M | $197.98M | $180.5M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $3.49M | $2.93M | $2.96M | $2.96M | $2.96M | $2.9M | $2.87M | $2.87M | $2.87M | $2.87M |
| Retained Earnings | $26.86M | $20.43M | $14.92M | $11.14M | $8.23M | $5.88M | $3.86M | $1.82M | $86K | -$751K |
| Comprehensive Income & Other | $2.92M | -$2.51M | -$2.98M | -$4.86M | -$334K | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $27.48M | $14.92M | $14.79M | $12.92M | $17.44M | $17.54M | $17.43M | $17.43M | $17.43M | $17.43M |
| Total Equity | $57.82M | $38.28M | $32.67M | $27.02M | $28.63M | $26.31M | $24.16M | $22.12M | $20.39M | $19.55M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $878.04M | $695.4M | $600.16M | $498.1M | $345.14M | $284.67M | $53.96M | $45.92M | $218.37M | $200.05M |
| Supplementary Data | ||||||||||
| Total Debt | $101.4M | $63.67M | $48.63M | $39.21M | $14.9M | $16.9M | $29.8M | $23.8M | $20.9M | $17.9M |
| Net Debt | $99.23M | $63.67M | $39.77M | $30.47M | -$35.06M | $6M | $10.73M | $4.24M | $23.69M | $19.72M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Operating Activities | ||||||||||
| Net Income | $7.14M | $6.1M | $4.21M | $3.06M | $2.47M | $2.02M | $2.04M | $1.73M | $837K | $1.13M |
| Depreciation & Amortization | $0 | $0 | $249K | $223K | $180K | $210K | $211K | $205K | $186K | $230K |
| Deferred Income Tax | $0 | $0 | -$47K | $59K | $147K | $0 | $64K | -$18K | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $0 | $0 | $0 | -$1.31M | $292K | $36K | -$259K | -$9K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $281K | $141K | $0 | $0 |
| Other Working Capital | -$732K | -$1.27M | -$5.17M | $7.61M | -$317K | $217K | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$732K | -$1.27M | -$5.17M | $6.3M | -$24K | $253K | $22K | $132K | -$125K | $12K |
| Other Non-Cash Items | -$1.69M | -$1.68M | -$507K | -$53K | -$153K | $182K | -$213K | -$119K | $654K | $670K |
| Net Cash from Operating | $4.72M | $3.15M | -$1.26M | $9.59M | $2.62M | $2.66M | $2.13M | $2.13M | $1.18M | $1.58M |
| Investing Activities | ||||||||||
| Capital Expenditures | -$2.45M | -$5.82M | -$606K | -$4.72M | -$933K | -$43.9M | -$145K | -$178K | -$63K | -$60K |
| Acquisitions | $2.71M | $0 | $0 | $141.56M | $51.75M | $24.65M | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$258.77M | -$157.26M | -$131.34M | -$196.17M | -$54.4M | -$1.25M | $0 | $0 | $0 | -$1M |
| Sales of Investments | $103.61M | $107.02M | $79.54M | $58.91M | $2.65M | $20.45M | $0 | $0 | $4.09M | $250K |
| Other Investing Activities | -$18.45M | -$27.84M | -$46.93M | -$160.33M | -$50.75M | -$20.44M | -$25.77M | -$19.39M | $0 | $0 |
| Net Cash from Investing | -$173.36M | -$83.91M | -$99.33M | -$160.75M | -$51.69M | -$20.48M | -$25.91M | -$19.57M | -$17.67M | -$20.35M |
| Financing Activities | ||||||||||
| Debt Repaid | -$9.69M | - | -$30M | -$20.67M | $2M | $12.9M | -$6M | -$2.9M | - | - |
| Common Stock Issuance | $7.68M | $0 | $0 | $0 | $298K | $134K | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$557K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$791K | -$591K | -$296K | -$148K | -$116K | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $124.81M | $114.54M | $51.34M | $126.19M | $60.43M | $31.47M | $17.22M | $15.06M | $17.46M | $19.03M |
| Net Cash from Financing | $169.39M | $88.39M | $100.44M | $146.72M | $58.61M | $18.7M | $23.22M | $17.96M | $17.46M | $19.03M |
| Forex Effect | -$755K | $0 | -$8.58M | $0 | $0 | $2.76M | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | -$8.74M | -$4.44M | $9.54M | $3.64M | -$559K | $522K | $977K | $267K |
| Supplementary Data | ||||||||||
| Operating Cash Flow | $4.72M | $3.15M | -$1.26M | $9.59M | $2.62M | $2.66M | $2.13M | $2.13M | $1.18M | $1.58M |
| Capital Expenditure | -$2.45M | -$5.82M | -$606K | -$4.72M | -$933K | -$43.9M | -$145K | -$178K | -$63K | -$60K |
| Free Cash Flow | $2.27M | -$2.67M | -$1.87M | $4.87M | $1.69M | -$41.24M | $1.98M | $1.95M | $1.12M | $1.52M |
| Cash at Beginning | $0 | $0 | $8.74M | $13.18M | $3.64M | $2.76M | $3.32M | $2.79M | $0 | $0 |
| Cash at End | $0 | $0 | $0 | $8.74M | $13.18M | $3.64M | $2.76M | $3.32M | $977K | $267K |