Oak Valley Bancorp OVLY

Oak Valley Bancorp. Oak Valley Bancorp (the "Company") serves as the parent bank holding company of Oak Valley Community Bank (the "Bank"), a California state-chartered bank. The Bank and the Company may be generally referred to as "we", "us" or "our"). The Company was incorporated under the laws of the State of California on May 31, 1990, and began operations in Oakdale, California on May 28, 1991.

The Company's only assets are the outstanding capital stock of the Bank, which the Company wholly owns, cash and income tax benefits receivable classified as other assets.

Oak Valley Community Bank. The Bank commenced operations in May 1991. The Bank is an insured bank under the Federal Deposit Insurance Act and is a member of the Federal Reserve. The Bank is subject to regulation, supervision and regular examination by the California Department of Financial Protection and Innovation ("DFPI"), the Federal Deposit Insurance Commission ("FDIC") and the Federal Reserve Board ("FRB"). Since its formation, the Bank has provided basic banking services to individuals and business enterprises in Oakdale, California and the surrounding areas. The focus of the Bank is to offer a range of commercial banking services designed for both individuals and small to medium-sized businesses in the two main areas of service of the Bank: the Central Valley and the Eastern Sierras. The three branches in the Eastern Sierras operate as Eastern Sierra Community Bank, a division of the Bank.