Oak View Bankshares, Inc. Announces Strong Third Quarter Performance
Key Highlights
- ➤Q3 net income $2.85 million, up from $1.89 million year over year
- ➤Q3 diluted EPS $0.82, versus $0.54 in the prior-year quarter
- ➤Total loans reached $399.24 million, up $49.35 million from December 31
- ➤Balance sheet actions generated approximately $367,000 in non-recurring net interest income
- ➤No nonperforming loans, nonaccrual loans, past-due loans, or charge-offs reported
Expert Statements
Michael Ewing, CEO and Chairman of the Board, Oak View Bankshares, Inc.
“Our third quarter results reflect the continued strength of our community banking franchise and the successful execution of our long-term strategic objectives. During the quarter, our tireless team continued to earn lending and deposit market share. We maintained exceptional asset quality with no nonperforming loans, no nonaccrual loans, no loans past due 90 days or more and no loan charge-offs. Finally, we took advantage of market opportunities to execute several balance sheet management initiatives, which further balanced our interest rate risk profile, while maintaining robust on- and off-balance sheet liquidity.”
Michael Ewing, CEO and Chairman of the Board, Oak View Bankshares, Inc.
“Our team is focused and energized, knowing that our balance sheet is well-positioned to thrive across multiple rate scenarios and over time. As always, everything we do aims to deliver long-term value to our shareholders, customers, and communities.”
WARRENTON, VA / ACCESS Newswire / October 30, 2026 / Oak View Bankshares, Inc. (the "Company") (OTCID:OAKV), parent company of Oak View National Bank (the "Bank"), reported net income of $2.85 million for the quarter ended September 30, 2026, compared to net income of $1.89 million for the quarter ended September 30, 2025. Net income for the nine months ended September 30, 2026, was $6.50 million, compared to $5.27 million for the nine months ended September 30, 2025.
Basic and diluted earnings per share were $0.82 per share for the quarter ended September 30, 2026, compared to $0.54 per share for the quarter ended September 30, 2025. Basic and diluted earnings per share for the nine months ended September 30, 2026, were $1.86 per share compared to $1.59 per share for the nine months ended September 30, 2025.
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