{"schema_version":"secwatch.filing_event.v1","accession":"0000894671-24-000002","form_type":"8-K","ticker":"OVBC","cik":"0000894671","company_name":"OHIO VALLEY BANC CORP","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.205709+00:00","generated_at":"2026-06-06T18:52:37.985315+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ohio Valley Banc Q4 net income $3.22M ($0.68 EPS); FY EPS $2.65 vs $2.80","bullets":["Net income Q4 2023 $3.223M ($0.68 EPS) vs $3.524M ($0.74) prior year; full year $12.631M ($2.65) vs $13.338M ($2.80).","Net interest margin fell to 3.71% Q4 from 4.38% YoY; FY margin 3.94% vs 3.89% due to higher deposit costs.","Loans grew $87M to $971.9M; deposits increased $99M, supplemented by wholesale funding.","Noninterest income Q4 rose $2.39M on lower securities losses and tax refund processor settlement; expenses up $1.42M on salaries.","Allowance for credit losses increased to 0.90% of loans (from 0.60%) due to CECL adoption; nonperforming loans improved to 0.26%."],"urls":{"canonical":"https://secwatch.observer/filing/0000894671-24-000002","json":"https://secwatch.observer/filing/0000894671-24-000002.json","markdown":"https://secwatch.observer/filing/0000894671-24-000002.md","text":"https://secwatch.observer/filing/0000894671-24-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894671/000089467124000002/0000894671-24-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894671/000089467124000002/sec8kearngsrels123123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:52:37.985315+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"38ce1f978f87a3d865a6847e614ad31d0f71c21e","claim":"OHIO VALLEY BANC CORP reported the quarter ended December 31, 2023 results: net income $3,223,000, EPS $.68.","evidence_excerpt":"Ohio Valley Banc Corp. [Nasdaq: OVBC] (the “Company”) reported consolidated net income for the quarter ended December 31, 2023, of $3,223,000","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894671/000089467124000002/0000894671-24-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"$3,223,000"},{"label":"EPS","value":"$.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e5d9d2beacc04dbc14505312e3bf55f3b8f95b53","claim":"OHIO VALLEY BANC CORP reported the year ended December 31, 2023 results: net income $12,631,000, EPS $2.65.","evidence_excerpt":"For the year ended December 31, 2023, net income totaled $12,631,000","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894671/000089467124000002/0000894671-24-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Net income","value":"$12,631,000"},{"label":"EPS","value":"$2.65"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}