Oak View National Bank reported strong second-quarter 2019 results, with quarterly net income increasing 35.3% and six-month earnings rising 27.7% compared to the same periods in 2018. The bank continued to grow loans, deposits, assets, and noninterest income while maintaining sound credit quality and disciplined expense management.

Management highlighted a recovery in loan loss reserves driven by strong loan performance, as well as continued efforts to increase revenue through expanded banking services and growing fee income. Total assets reached $250.5 million and deposits surpassed $200 million, reflecting steady growth in customer relationships and market presence. Despite ongoing pressure from rising funding costs, Oak View remained focused on improving profitability, managing asset growth responsibly, and delivering community-focused banking services throughout the region.

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Press Release