Oak Valley Bancorp (ca) · NASDAQ:OVLY
Oak Valley Bancorp (ca) — Oak Valley Bancorp — Investor Presentation (August 2012)
14 slides from Oak Valley Bancorp (ca)'s investor presentation, Aug 29, 2012
Slide 1: Steady Course, Steady Growth
STEADY COURSE STEADY GROWTH Oak Valley Bancorp | Investor Presentation
Slide 2: Company Overview
Company Overview Company Name: Oak Valley Bancorp, est. 2008 Headquartered in Oakdale, CA Subsidiaries: - Oak Valley Community Bank, est. 1991 - Eastern Sierra Community Bank, Division of OVCB, est. 2000 Ownership: Public; Listed on NASDAQ under the ticker “OVLY” Assets: $596 million Employees: 135
Slide 3: Branch Footprint
Branch Footprint Oakdale Sonora Modesto – 12th & I Bridgeport Mammoth Lakes Bishop Modesto-Dale Turlock Stockton Patterson Ripon Escalon Modesto – McHenry Manteca 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14.
Slide 4: Central Valley Economy
Central Valley Economy Strength Highly Diversified Agricultural Based Economy Dairy, Grapes, Almonds, Walnuts, Tomatoes, Peaches, Apples, Cherries, Cattle, Chickens, Turkeys and others Indirect Agriculture Packing, Shipping, Processing, Irrigation, Pesticides and a myriad of specialties Multiplier E
Slide 5: Assets (in millions)
Stockton 12th & I, Escalon Sonora Oakdale Modesto Bridgeport Mammoth Lakes Bishop, Dale Rd Turlock, Patterson, Ripon, LPO Modesto-McHenry, Manteca Assets (in millions)
Slide 6: Net Earnings before Preferred Dividends
Net Earnings before Preferred Dividends (in thousands) Stockton 12th & I, Escalon Sonora Oakdale Modesto Bridgeport Mammoth Lakes Bishop, Dale Rd Turlock, Patterson, Ripon, LPO Modesto-McHenry, Manteca
Slide 7: Earnings Summary
Oak Valley Bancorp | Investor Presentation $30 Earnings Summary (in millions) $25 $20 $15 oO $10 AD 47 $5 22 : 24 2006 2007 2008 2009 2010 2011 fame Net earnings 37 3.9 24 12 38 47 ‘Net interest income 173 18.8 20.5 23.6 25.0 25.2 — \—Non-interest expense 12.2 14.2 16.3 15.6 16.1 16.8 ;—=NPL expense
Slide 8: Recognition for Achievements
Recognition for Achievements KBW - 2011 Bank Honor Roll 45 banks and thrifts that have performed strongly over the past 10 years SNL - 2011 Top 100 Ranking of community banks with assets between $500M and $5B
Slide 9: Peer Comparison
Peer Comparison 2007 2008 2009 2010 2011 2012Q2 NPA to Assets* OVCB 2.00% 1.47% 3.16% 2.22% 1.32% 1.30% Peer 0.71% 2.20% 3.61% 3.66% 3.03% 2.62% Net Interest Margin OVCB 4.55% 4.73% 4.98% 5.16% 4.81% 4.70% Peer 4.81% 4.27% 4.02% 4.18% 4.20% 4.14% Return on Average Assets OVCB 0.88% 0.47% 0.40% 0.88%
Slide 10: Six Months Ended June 30 Results
Six Months Ended June 30, ($000’s, except per share) 2012 2011 Net interest income $12,476 $12,506 Net income 2,813 2,615 Preferred dividends/accretion (283) (421) Net income available to common 2,530 2,194 Earnings per share – diluted 0.33 0.28 Return on average common equity 8.65% 8.42% Return on
Slide 11: Loan Concentration
Consumer Oak Val y Bancorp | Investor Presentation Loan Concentration Agriculture CREO/O CRE 38% LTV=51.0% DCR=2.42 _ (pe STEADY COURSE STEADY
Slide 12: Deposit Breakdown
Deposit Breakdown 40% of Personal tied to Business
Slide 13: Strategic Direction
Strategic Direction Relationship Banking High Level of Customer Contact Low-Cost Core Deposits Strong Risk Management Strategic Opportunity
Slide 14: Steady Course, Steady Growth
STEADY COURSE STEADY Oak Valley Bancorp | Investor Presentation
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