Oak View Bankshares, Inc. Announces First Quarter Earnings
Oak View Bankshares reported Q1 net income of $1.94 million, a 32.5% increase from the prior year, driven by growth in net interest income and noninterest income. Asset quality remains robust with no charge-offs or nonaccrual loans, while the bank maintained 'well capitalized' regulatory ratios across all categories.
Key figures
- Eps
- 0.56
- Revenue
- $5.57 million
- Net income
- $1.94 million
- Total loans
- $362.57 million
- Total assets
- $924.55 million
- Dividend per share
- $0.35
- Net interest income
- $5.57 million
AI analysis
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