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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MHhK5iNfmp7GZhy404WfofhIzdborrKARQ95p9PWdJKnSUinscz6ivpBWWbXsheB
 SzlB1iSZ9jEYozqgpBrFWg==

<SEC-DOCUMENT>0001179110-08-016252.txt : 20080902
<SEC-HEADER>0001179110-08-016252.hdr.sgml : 20080901
<ACCEPTANCE-DATETIME>20080902154047
ACCESSION NUMBER:		0001179110-08-016252
CONFORMED SUBMISSION TYPE:	3/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080731
FILED AS OF DATE:		20080902
DATE AS OF CHANGE:		20080902

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Oak Valley Bancorp
		CENTRAL INDEX KEY:			0001431567
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				262326676
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		125 N. THIRD AVE.
		CITY:			OAKDALE
		STATE:			CA
		ZIP:			95361
		BUSINESS PHONE:		209-844-7500

	MAIL ADDRESS:	
		STREET 1:		125 N. THIRD AVE.
		CITY:			OAKDALE
		STATE:			CA
		ZIP:			95361

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Courtney Christopher M.
		CENTRAL INDEX KEY:			0001442250

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34142
		FILM NUMBER:		081051554

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		209.848.2265

	MAIL ADDRESS:	
		STREET 1:		125 NORTH THIRD AVENUE
		CITY:			OAKDALE
		STATE:			CA
		ZIP:			95361
</SEC-HEADER>
<DOCUMENT>
<TYPE>3/A
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 3/A -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3/A</documentType>

    <periodOfReport>2008-07-31</periodOfReport>

    <dateOfOriginalSubmission>2008-08-08</dateOfOriginalSubmission>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001431567</issuerCik>
        <issuerName>Oak Valley Bancorp</issuerName>
        <issuerTradingSymbol>OVLY.OB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001442250</rptOwnerCik>
            <rptOwnerName>Courtney Christopher M.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>125 NORTH THIRD AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>OAKDALE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95361</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>44821</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (Right to Acquire)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>3.4622</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2000-09-17</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2010-09-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>40500</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (Right to Acquire)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>7.5555</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-03-17</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-03-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>33750</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">This option was granted on September 17, 2000 under the Issuer's 1991 Stock Option Plan as amended and restated in 1998 and becomes exercisable commencing one year after the grant date in five equal annual installments.</footnote>
        <footnote id="F2">This option was granted on March 17, 2004 under the Issuer's 1991 Stock Option Plan as amended and restated in 1998 and becomes exercisable commencing one year after the grant date in five equal annual installments.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Darlene D. Chiang, Attorney-in-Fact</signatureName>
        <signatureDate>2008-08-29</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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