Oak Valley Bancorp (ca) · NASDAQ:OVLY
Oak Valley Bancorp (ca) — Oak Valley Bancorp — Investor Presentation (May 2010)
18 slides from Oak Valley Bancorp (ca)'s investor presentation, May 14, 2010
Slide 1: Oak Valley Bancorp
Locatty Ownep | Lenpinc at Home | Investinc'in Your Community OAK VALLEY BANCORP
Slide 2: Forward-Looking Statement
Forward-Looking Statement This presentation includes forward-looking statements about the corporation for which the corporation claims the protection of safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management's know
Slide 3: 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: $525 million Employees: 124
Slide 4: Branch Footprint
Branch Footprint Oakdale Sonora Modesto-12th & I Bridgeport Mammoth Lakes Bishop Modesto-Dale Turlock Stockton Patterson Ripon Escalon
Slide 5: Headwinds
Headwinds Weak Economy Higher Credit Costs Increased FDIC Premiums Continuously Changing Regulatory Environment Negative Trend in Consumer Confidence Market Concern about CRE
Slide 6: Highlights
Highlights NIM Expansion Core Deposit Growth Strong Risk Management Continued Diligence on Credit
Slide 7: Asset Growth 1991-2009
Asset Growth 1991-2009 (in Millions) Stockton 12th & I, Escalon Sonora Oakdale Modesto Bridgeport Mammoth Lakes 10 Year Plan Bishop, Dale Rd Turlock, Patterson, Ripon, LPO 0 100 200 300 400 500 600 '91 '92 '93 '94 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 12 23 30 35 41 56 85 103 1
Slide 8: Profitability 1991-2009
Profitability 1991-2009 (in thousands) Stockton 12th & I, Escalon Sonora Oakdale Modesto Bridgeport Mammoth Lakes 10 Year Plan Bishop, Dale Rd Turlock, Patterson, Ripon, LPO (500) - 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 (373) (255) 250
Slide 9: Performance Components
Locatty Ownep | Lenpinc at Home | Investinc In Your Community Performance Components 25,000 23,642 20,000 17,865 18,218 15,0004 10,000 5,862 3,831 3,960) 2005 2006 2007 2008 2009 —®-Net interest income —#+Total non-interest expense -4-Provision for loan losses. —Net earnings | Spe OAK VALLEY BANCORP
Slide 10: NIM — 5 Year Peer Comparison
Locatty Ownep | Lenpinc at Home | Investinc In Your Community NIM — 5 Year Peer Comparison 478 4.99 5.00 4.53 4.72 2005 2006 2007 2008 2009 m=Peer --OVCB OAK VALLEY BANCORP
Slide 11: Deposit Growth - Branch Deposits
Deposit Growth - Branch Deposits Overall Cost of Deposits (12/09): 0.85% Deposit Summary 12/31/2007 12/31/2008 12/31/2009 Accounts 15,847 18,312 19,948 Average Balance $ 23,812 $ 20,656 $ 21,516 Total Deposits $ 377,348,764 $ 378,252,672 $ 429,201,168
Slide 12: Strong Risk Management
Strong Risk Management Asset Quality 2005 2006 2007 2008 2009 Net Charge-offs to Loans OVCB 0.00% 0.00% 0.10% 0.28% 1.04% Peer 0.06% 0.04% 0.12% 2.16% 2.06% NPA to Assets OVCB 0.00% 0.00% 2.00% 1.47% 3.16% Peer 0.26% 0.28% 0.90% 2.80% 4.25% Return on Average Assets OVCB 1.15% 0.92% 0.88% 0.47% 0.40%
Slide 13: Year Stock Price Summary
10 Year Stock Price Summary 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 OVLY ($/SH) 3.55 3.32 4.15 7.00 14.89 15.67 13.03 8.25 6.00 4.41 4.50 OVLY (BV/SH) 2.52 2.63 2.92 3.18 4.10 4.44 4.84 5.57 5.83 6.13 6.24 OVLY ($/BV) 1.41 1.26 1.42 2.20 3.63 3.53 2.69 1.48 1.03 0.72 0.72 Median ($/BV
Slide 14: Strategic Direction
Strategic Direction Relationship Banking High Level of Customer Contact Low-Cost Core Deposits Focus on Credit Quality Strategic Opportunity
Slide 15: 2010 Initiatives
2010 Initiatives Position Bank for Economic Recovery Marketing Campaign and Calling Program Target: Small Business Loans Size: $500M to $2MM Loan Type: Owner Occupied CRE Borrower Type: Medical/Dental, Industrial, Manufacturing Calling Program 5 Lenders / 12 Branch Managers Monitor results weekly Ra
Slide 16: 2010 Initiatives: Target Customers of Failed/Failing Institutions
2010 Initiatives Target Customers of Failed/Failing Institutions Monitor Changing Financial Institution Landscape 2,242 (29%) of Banks reported net losses in 2009 OVCB reported higher earnings than 80 % of banks in the Nation, in 2009 Monitor Struggling Bank’s in Northern California 174 (61%) of Cal
Slide 17: Evolving Market Area
Evolving Market Area 19 California Banks with Texas Ratios above 100% 52 California Banks with Texas Ratios above 50%
Slide 18: Oak Valley Bancorp
Locatty Ownep | Lenpinc at Home | Investinc'in Your CommOniTy ee OAK VALLEY BANCORP
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