---
schema_version: "secwatch.filing_event.v1"
accession: "0000894671-23-000035"
form_type: "8-K"
ticker: "OVBC"
cik: "0000894671"
company_name: "OHIO VALLEY BANC CORP"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:26:04.725066+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ohio Valley Banc Q3 net income drops 39% to $2.25M; EPS $0.47 vs $0.77

## Summary
- Net income $2.251M ($0.47 EPS) vs $3.690M ($0.77 EPS) in Q3 2022, down 39%.
- Net interest margin narrowed to 3.85% from 4.03%; net interest income decreased $469K.
- Provision for credit losses $888K vs negative $378K prior year; ACL ratio 0.85% vs 0.56%.
- Nonperforming loans improved to 0.28% of total loans from 0.46% a year earlier.
- Total assets $1.314B, up 8.5% from Dec 2022; loan growth $76M funded partly by wholesale deposits.

## SEC filing metadata
- accession: 0000894671-23-000035
- form_type: 8-K
- ticker: OVBC
- cik: 0000894671
- company_name: OHIO VALLEY BANC CORP
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894671/000089467123000035/0000894671-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894671/000089467123000035/sec8kearngsrels093023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000894671-23-000035
- JSON: https://secwatch.observer/filing/0000894671-23-000035.json
- Plain text: https://secwatch.observer/filing/0000894671-23-000035.txt

## Key facts
- Earnings Releases
  OHIO VALLEY BANC CORP reported the quarter ended September 30, 2023 results: net income $2,251,000, EPS $.47.
  - Period: the quarter ended September 30, 2023
  - Net income: $2,251,000
  - EPS: $.47
  - Result: reported results
  source text: Ohio Valley Banc Corp. [Nasdaq: OVBC] (the “Company”) reported consolidated net income for the quarter ended September 30, 2023, of $2,251,000, a decrease of $1,439,000 from the same period the prior year. Earnings per share for the third quarter of 2023 were $.47 compared to $.77 for the prior year third quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894671/000089467123000035/0000894671-23-000035-index.htm
- Earnings Releases
  OHIO VALLEY BANC CORP reported the nine months ended September 30, 2023 results: net income $9,408,000, EPS $1.97.
  - Period: the nine months ended September 30, 2023
  - Net income: $9,408,000
  - EPS: $1.97
  - Result: reported results
  source text: For the nine months ended September 30, 2023, net income totaled $9,408,000, a decrease of $406,000 from the same period the prior year. Earnings per share were $1.97 for the first nine months of 2023 versus $2.06 for the first nine months of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894671/000089467123000035/0000894671-23-000035-index.htm

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