---
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"
generated_at: "2026-06-06T18:52:37.985315+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ohio Valley Banc Q4 net income $3.22M ($0.68 EPS); FY EPS $2.65 vs $2.80

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000894671-24-000002
- JSON: https://secwatch.observer/filing/0000894671-24-000002.json
- Plain text: https://secwatch.observer/filing/0000894671-24-000002.txt

## Key facts
- Earnings Releases
  OHIO VALLEY BANC CORP reported the quarter ended December 31, 2023 results: net income $3,223,000, EPS $.68.
  - Period: the quarter ended December 31, 2023
  - Net income: $3,223,000
  - EPS: $.68
  - Result: reported results
  source text: Ohio Valley Banc Corp. [Nasdaq: OVBC] (the “Company”) reported consolidated net income for the quarter ended December 31, 2023, of $3,223,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/894671/000089467124000002/0000894671-24-000002-index.htm
- Earnings Releases
  OHIO VALLEY BANC CORP reported the year ended December 31, 2023 results: net income $12,631,000, EPS $2.65.
  - Period: the year ended December 31, 2023
  - Net income: $12,631,000
  - EPS: $2.65
  - Result: reported results
  source text: For the year ended December 31, 2023, net income totaled $12,631,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/894671/000089467124000002/0000894671-24-000002-index.htm

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