Oak View Bankshares reported record earnings for 2022, highlighting strong growth across key financial metrics and announcing a doubled annual dividend for shareholders. Net income increased nearly 24% year over year to $3.06 million, while total assets grew to $497.9 million and deposits rose to $422.9 million. The company also expanded its loan portfolio and significantly increased its investment holdings, supported by a strengthened capital position and robust liquidity.

Management attributed the results to disciplined capital deployment, strategic balance sheet management, and a focus on balancing safety, profitability, and growth. The company maintained outstanding credit quality with no nonperforming loans and continued to exceed regulatory well-capitalized standards, reinforcing its commitment to long-term value for customers, communities, and shareholders.

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