Oak Valley Bancorp reported unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net interest income of $8,049,000 against $6,647,000 a year ago. Net income before income taxes was $3,205,000 against $524,000 a year ago. Net income was $2,322,000 or $0.29 per basic and diluted share against $490,000 or $0.06 per basic and diluted share a year ago. Return on average common equity was 11.07% against 2.49% a year ago. Return on average assets was 0.95% against 0.24% a year ago. Book value per share was $10.19 against $9.69 a year ago. The increase in net interest income from prior periods is the result of strong loan production which is driving net interest income in spite of margin pressures. For the year, the company reported net interest income of $31,526,000 against $25,402,000 a year ago. Net income before income taxes was $11,139,000 against $6,961,000 a year ago. Net income was $7,665,000 or $0.95 per basic and diluted share against $4,908,000 or $0.61 per basic and diluted share a year ago. Return on average common equity was 9.43% against 6.41% a year ago. Return on average assets was 0.83% against 0.63% a year ago. The increase to net income compared to the prior year is mainly due to merger related expenses of $1.97 million recorded during 2015 and the additional earnings recorded in 2016 from the acquisition of Mother Lode Bank, combined with increased net interest income from organic loan growth of $69.5 million during 2016.