Pacific Valley Bancorp Reports Strong Q2 Results with Double-Digit Balance Sheet Growth
Pacific Valley Bancorp (PVBK) reported strong second-quarter results for 2026, driven by increased interest income and improved profitability. Net income reached $1.4 million or $0.24 per share, a 52% increase compared to the same quarter in 2025. Total assets grew by 14%, reaching $653 million, with loans rising 9.6% to $547 million and deposits increasing 14.2% to $560 million. The company's net interest margin improved slightly to 3.82% in Q2 from 3.75% in the prior quarter due to higher loan income, though partially offset by increased money market expenses. The CEO highlighted strategic investments in personnel and a strong liquidity position as key factors supporting growth and long-term performance goals. Pacific Valley Bank remains well capitalized with a Community Bank Leverage Ratio of 12.60%, significantly above the regulatory requirement of 8%. Non-performing loans remained stable at 0.04%.
Topics: banking deposits earnings loans net income