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Oak Valley Bancorp (Oak Valley Bancorp) Intangible Assets

: $3.47 Mil (As of Dec. 2023)
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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Oak Valley Bancorp's intangible assets for the quarter that ended in Dec. 2023 was $3.47 Mil.


Oak Valley Bancorp Intangible Assets Historical Data

The historical data trend for Oak Valley Bancorp's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oak Valley Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.84 3.74 3.65 3.56 3.47

Oak Valley Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.56 3.54 3.52 3.49 3.47

Oak Valley Bancorp Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Oak Valley Bancorp  (NAS:OVLY) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Oak Valley Bancorp Intangible Assets Related Terms

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Oak Valley Bancorp (Oak Valley Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
125 North Third Avenue, Oakdale, CA, USA, 95361
Oak Valley Bancorp is a bank holding company which operates through Oak Valley Community Bank (the Bank). The Bank offers a complement of business checking and savings accounts for its business customers. The Bank also offers commercial and real estate loans, as well as lines of credit. In addition, the bank provides other services for both individuals and businesses including online banking, remote deposit capture, mobile banking, merchant services, night depository, extended hours, wire transfer of funds, note collection, and automated teller machines in a national network. Its primary source of revenue is net interest income.
Executives
Gary Strong director 125 N THIRD AVE, OAKDALE CA 95361
Ronald C. Martin director, officer: Chief Executive Officer 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Daniel J Leonard director 125 NORTH THIRD AVE, OAKDALE CA 95361
Holder H Randolph Jr director 125 N THIRD AVE, OAKDALE CA 95361
Lynn Dickerson director 125 N 3RD AVE, OAKDALE CA 95361
Allison Lafferty director 125 N THIRD AVE, OAKDALE CA 95361
James L Gilbert director 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Don Barton director 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Janet S Pelton director 125 NORTH THIRD AVE, OAKDALE CA 95361
Christopher M. Courtney director, officer: President 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Cathy Ghan officer: EVP Commercial Real Estate 125 N THIRD AVE, OAKDALE CA 95361
Terrance P Withrow director 125 NORTH THIRD AVE, OAKDALE CA 95361
Thomas A Haidlen director 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Richard A. Mccarty officer: Chief Financial Officer 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Gary Stephens officer: EVP Commercial Banking Group 125 N THIRD AVE, OAKDALE CA 95361

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