Welcome to our dedicated page for Pacific Vy Bk Salinas Calif news (Ticker: PVBK), a resource for investors and traders seeking the latest updates and insights on Pacific Vy Bk Salinas Calif stock.
Pacific Valley Bancorp (OTC Pink: PVBK) and its subsidiary Pacific Valley Bank regularly release news that reflects their role as a locally owned community business bank headquartered in Salinas, California. This news page aggregates company-issued updates so readers can follow developments affecting the bank and its holding company.
According to the company’s announcements, Pacific Valley Bank focuses on serving small and medium-sized businesses, agriculture-related businesses, nonprofit organizations, professional service providers, and individuals in Monterey County and the broader Central Coast. News items often highlight this local focus, including ownership details, community engagement, and the bank’s emphasis on relationship-based banking and disciplined growth.
Visitors can expect updates on quarterly and annual financial results from Pacific Valley Bancorp, where the company reports information such as net income, loan and deposit growth, credit quality indicators, capital ratios, and liquidity measures. These releases typically include commentary from management on loan production, deposit trends, and market conditions in the bank’s service area.
The news feed also features announcements about leadership and governance, including appointments to the Board of Directors and additions to the executive team in roles such as Chief Operating Officer, Chief Credit Officer, Regional Executive, and Director of Treasury Management. Other items include information on branch expansion, such as the establishment of a loan production office in downtown Salinas and the opening of a branch office in Santa Cruz, as well as notable shareholder developments like the minority investment by Taylor Fresh Foods.
By reviewing these articles, investors and community members can see how Pacific Valley Bancorp and Pacific Valley Bank describe their strategy, growth initiatives, and ongoing activities in the Central Coast banking market.
Pacific Valley Bancorp (OTC Pink: PVBK) reported unaudited Q1 2026 results on April 27, 2026: total assets $627.8M, gross loans $529.4M (+7.7% YoY), deposits $536.6M (+12.0% YoY) and net income $1.16M (EPS $0.20).
Net interest income rose to $5.7M; net interest margin 3.75%. Allowance for credit losses was 1.49% of loans; non-performing loans 0.04%. Community Bank Leverage Ratio was 12.51%, above the 9.00% well-capitalized threshold.
Pacific Valley Bancorp (PVBK) reported unaudited Q4 2025 results: total assets $710.2M (+8.3% YoY), gross loans $535.8M (+10.3% YoY) and total deposits $620.3M (+7.0% YoY). Net income was $774K for Q4 and $3.59M for 2025, down vs. prior periods due to higher personnel expense and a $281K credit loss provision.
Key metrics: net interest margin 3.86% (Q4), allowance for credit losses 1.47% of gross loans, Community Bank Leverage Ratio 12.74%, and a new 16.3% ownership position by Taylor Fresh Foods.
Pacific Valley Bank (OTC: PVBK) announced that Taylor Fresh Foods (Taylor Farms) acquired a 16.3% ownership stake in the bank on January 6, 2026. The investment is described as a significant minority position by a locally based, family-owned company and is said to strengthen the bank's capital base while preserving independent governance and local decision-making.
The bank also said Jeff Cook of Taylor Farms will join its Board of Directors. Pacific Valley Bank noted it remains the only locally owned bank headquartered in Monterey County and that approximately 93% of outstanding shares are locally owned, with about 40% held by directors, officers, and other decision-makers.
Pacific Valley Bancorp (OTC Pink: PVBK) reported unaudited Q3 2025 results on October 23, 2025. Net income for Q3 was $950k, down 16.5% year-over-year but up 2.9% sequentially. Net interest income was $5.0M for the quarter and $14.5M year-to-date; net interest margin was 3.53% for Q3 and 3.51% for the nine months. Gross loans grew 10.2% YoY to $518.4M; deposits were $515.2M. Non-interest expense rose materially (+25.7% YTD) driven by higher personnel costs. Capital and liquidity remained strong: Community Bank Leverage Ratio was 13.03% and on-balance sheet liquidity totaled $67M.
Pacific Valley Bank (OTC: PVBK) has appointed Vida Villanueva as Executive Vice President and Chief Operating Officer. With nearly 30 years of experience in community, international banking, and financial services, Villanueva joins PVB from previous executive roles at Monterey County Bank, 1st Capital Bank, and HSBC.
In her new role, Villanueva will oversee Risk and Compliance, Information Technology, Innovation, Operations, and Human Resources. Her expertise spans multiple areas including risk management, compliance, operations, and strategic transformation. She will be instrumental in shaping the bank's long-term strategy and fostering a culture of growth and collaboration.
Pacific Valley Bancorp (OTC Pink: PVBK) reported Q2 2025 financial results with net income of $923 thousand, down 9.0% year-over-year. The bank's performance showed mixed results with gross loans growing 9.5% to $499.3 million year-over-year, while maintaining strong asset quality with non-performing loans at just 0.04%.
The bank's net interest margin improved to 3.61% in Q2 2025, up from 3.32% in Q2 2024. Total deposits increased by 6.7% to $490.2 million compared to the prior year. The bank maintains a strong capital position with a Community Bank Leverage Ratio of 13.37%, well above the 9.00% regulatory requirement.
Management highlighted strategic expansion plans including a new loan production office in Salinas and upcoming branch in Santa Cruz, though increased personnel and infrastructure investments impacted current earnings.
Pacific Valley Bancorp (OTC Pink: PVBK) reported Q1 2025 financial results with net income of $0.9 million, showing a 21.4% decrease from Q1 2024. The decline was primarily attributed to higher personnel expenses from increased staffing.
Key performance indicators include:
- Net interest margin improved to 3.43% from 3.30% in Q4 2024
- Gross loans grew 9.4% year-over-year to $491.7 million
- Non-performing loans ratio improved to 0.03% from 0.11% year-over-year
- Strong Community Bank Leverage Ratio at 13.27%, well above 9% requirement
The bank plans strategic expansion with a new Santa Cruz branch and increased presence in Salinas. Total assets reached $563.9 million, up 7.8% year-over-year. Despite a significant seasonal agricultural deposit outflow of $107 million in January, the bank maintains strong liquidity with combined on-balance sheet and contingent liquidity at 164% of uninsured deposits.
Pacific Valley Bank (OTC: PVBK) has announced a significant expansion of its commercial banking team with six key appointments in Monterey County. Glenna Datta joins as Executive Vice President and Regional Executive, bringing experience from her previous roles at 1st Capital Bank and Santa Cruz County Bank.
The expansion includes Senior Relationship Managers Robert Mina and Jessica Perez, Relationship Manager Jefferson Suruiz, and branch operations appointments Kelly Harless and Vikki Rodriguez for the King City location. The latter two bring 27 years of combined banking experience in the King City market.
This strategic expansion aligns with PVB's organic growth strategy, aimed at enhancing loan and deposit production capacity as the bank works toward reaching the billion-dollar asset size threshold.
Pacific Valley Bank (OTC: PVBF) has appointed David V. Heald to its Board of Directors, bringing nearly five decades of banking experience. Heald's notable achievements include growing Santa Cruz County Bank from $13.2 million to $1.6 billion in assets during his tenure as President, CEO, and Vice Chairman from 2004 to 2020.
Prior to this, Heald was a founding executive at Coast Commercial Bank, where he served as Chief Credit Officer and Chief Banking Officer, helping grow the institution from $3.2 million initial capitalization to a $100 million sale. He currently serves on several boards, including the Menlo College Board of Trustees, California Bankers Association Bankers Benefit Board, and California Community Bankers Network Board.
Pacific Valley Bancorp (PVBK) reported Q4 2024 financial results with net income of $1.1 million, down 8.7% year-over-year due to higher interest expenses. The company's net interest margin decreased to 3.30% from 3.69% in Q4 2023.
Key highlights include: gross loans growth of 7.4% to $486.0 million year-over-year, total deposits increase of 12.9% to $579.5 million, and shareholders' equity growth of 9.1% to $56.4 million. The Bank maintains a strong Community Bank Leverage Ratio of 13.33%, well above the 9% regulatory requirement.
Annual net income for 2024 was $4.4 million, an 8.7% decrease from 2023, primarily due to higher deposit interest expense and lower Fed funds interest income. The company's loan quality remains strong with non-performing loans at 0.03% of gross loans. No provision for credit losses was required, with the allowance at 1.57% of gross loans.