Oak View Bankshares delivered strong growth in 2022, expanding its asset base, loan portfolio, and deposits while remaining profitable and well-capitalized. According to its 2022 Annual Report, total assets increased to nearly $498 million, up from $345 million in 2021, while deposits grew to $422.9 million and loans rose to $273.9 million. The company reported net income of $3.06 million, or $1.03 per diluted share, driven by growth in net interest income and continued expansion across its Northern Virginia markets.

Management also strengthened the balance sheet through investments in securities, liquidity, and capital resources while maintaining a focus on sound community banking practices. The audited report highlights Oak View's ongoing commitment to serving local customers and communities while pursuing disciplined financial growth.

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Press Release