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PVB News

Pacific Valley Bancorp Announces Second Quarter 2023 Financial Results

Salinas,CA – July 31, 2023 – Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited financial results for the second quarter 2023. Net income for the quarter ended June 30, 2023, was $1.1 million representing a decrease of 25.7% or $397 thousand from the quarter ended June 30, 2022. Excluding income generated from loans in the Paycheck Protection Program(PPP), core net income in the second quarter of 2023 increased by $306 thousand or 36.6% compared to second quarter 2022 core earnings

Pacific Valley Bancorp Announces Its First Quarter 2023 Financial Results

Salinas, CA – May 1, 2023 – Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the first quarter 2023. Net income for the quarter ended March 31, 2023, was $1.3 million, representing an increase of 12% or $135 thousand over the first quarter ended March 31, 2022. Excluding income generated from loans in the Paycheck Protection Program (“PPP”), core net income in the first quarter of 2023 increased by $819 thousand or 180% compared to the 2022 first quarter core earnings.

Letter from our President & CEO

Dear Customers, Shareholders, and Community, We at Pacific Valley Bank (the Bank or PVB) pride ourselves on creating a stable, safe, and sound institution that you can count on. In light of recent industry events, particularly the failure of Silicon Valley Bank...

Pacific Valley Bancorp Announces Fourth Quarter 2022 Financial Results

Salinas, CA – January 31, 2023 – Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the fourth quarter 2022. Net income for the year ended December 31, 2022, was $5.2 million representing an increase of 38% or $1.4 million over the year ended December 31, 2021. Earnings per share for the year were $1.28 compared with $0.95 for the year 2021.

Pacific Valley Bancorp Announces Second Quarter 2022 Financial Results

Salinas, CA – July 28, 2022 – Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the second quarter 2022. Net income for the quarter ended June 30, 2022, was $1.5 million representing an increase of 36% or $407 thousand over the quarter ended March 31, 2022. Earnings per share for the quarter were $0.38 compared with $0.28 prior quarter.

Pacific Valley Bancorp Announces First Quarter 2022 Financial Results

Salinas, CA – April 28, 2022 – Pacific Valley Bancorp (OTC Pink: PVBK) announced its unaudited earnings results for the first quarter 2022. Net income for the quarter ended March 31, 2022, was $1.14 million representing an increase of 64% or $445 thousand over the quarter ended December 31, 2021. Earnings per share for the quarter were $0.28 compared with $0.17 prior quarter.

Pacific Valley Bank Announces Fourth Quarter 2021 Financial Results

Salinas, CA – January 27, 2022 – Pacific Valley Bank (OTC Pink: PVBK) announced its unaudited earnings results for the fourth quarter 2021. Net income for the year ended December 31, 2021, was $3.77 million representing an increase of 16% or $518 thousand over the year ended December 31, 2020. Earnings per share for the year were $0.94 compared with $0.81 for the year 2020. For the three months ended December 31, 2021, net income was $694 thousand.

Pacific Valley Bank Announces Third Quarter 2021 Financial Results

Salinas, CA – October 27, 2021 – Pacific Valley Bank (OTC Pink: PVBK) announced its unaudited earnings results for the third quarter 2021. Net income for the nine months ended September 30, 2021, was $3.08 million representing an increase of 33% or $763 thousand over the same period in 2020. For the three months ended September 30, 2021, net income was $833 thousand. Earnings per share for the third quarter 2021 were $0.21.

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