---
schema_version: "secwatch.filing_event.v1"
accession: "0000894671-23-000019"
form_type: "8-K"
ticker: "OVBC"
cik: "0000894671"
company_name: "OHIO VALLEY BANC CORP"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T10:45:21.915193+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ohio Valley Banc Q1 net income down 5.3% to $3.9M; EPS $0.82 vs $0.87

## Summary
- Net income $3.908M, down $217K (5.3%) YoY; diluted EPS $0.82 vs $0.87.
- Net interest margin expanded to 4.21% from 3.51% due to rising loan yields outpacing deposit costs.
- Provision for credit losses was $489K vs negative $1,126K in prior year, reflecting loan growth and CECL adoption.
- Total deposits increased $54M vs Dec 2022, primarily time deposits; loans up $21M.
- Book value per share $28.80 vs $28.63; dividend unchanged at $0.21/sh.

## SEC filing metadata
- accession: 0000894671-23-000019
- form_type: 8-K
- ticker: OVBC
- cik: 0000894671
- company_name: OHIO VALLEY BANC CORP
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894671/000089467123000019/0000894671-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894671/000089467123000019/sec8kearngsrels033123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000894671-23-000019
- JSON: https://secwatch.observer/filing/0000894671-23-000019.json
- Plain text: https://secwatch.observer/filing/0000894671-23-000019.txt

## Key facts
- Earnings Releases
  OHIO VALLEY BANC CORP reported the quarter ended March 31, 2023 results: net income consolidated net income for the quarter ended March 31, 2023, of $3,908,000, EPS Earnings per share for the first quarter of 2023 were $.82.
  - Period: the quarter ended March 31, 2023
  - Net income: consolidated net income for the quarter ended March 31, 2023, of $3,908,000
  - EPS: Earnings per share for the first quarter of 2023 were $.82
  - Result: reported results
  source text: Ohio Valley Banc Corp. [Nasdaq: OVBC] (the “Company”) reported consolidated net income for the quarter ended March 31, 2023, of $3,908,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/894671/000089467123000019/0000894671-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.