---
schema_version: "secwatch.filing_event.v1"
accession: "0000894671-24-000023"
form_type: "8-K"
ticker: "OVBC"
cik: "0000894671"
company_name: "OHIO VALLEY BANC CORP"
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:54:51.308341+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ohio Valley Banc Q3 net income up 20.8% YoY to $2.72M; loan growth exceeds expectations

## Summary
- Q3 2024 EPS $0.58 vs $0.47 YoY; net income $2.72M, up 20.8%.
- Nine-month net income $8.48M ($1.79 EPS), down from $9.41M ($1.97 EPS) in 2023.
- Loan growth of $77M in 2024, driven by commercial and residential; net interest margin improved sequentially.
- Voluntary early retirement program: $295K expense in Q3, expects additional $3.04M in Q4 to reduce future salary costs.
- Ohio HomeBuyer Plus program drove $100M in deposits and $109M securities increase; exited indirect auto/RV lending Oct 11.

## SEC filing metadata
- accession: 0000894671-24-000023
- form_type: 8-K
- ticker: OVBC
- cik: 0000894671
- company_name: OHIO VALLEY BANC CORP
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894671/000089467124000023/0000894671-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894671/000089467124000023/sec8kearngsrels093024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000894671-24-000023
- JSON: https://secwatch.observer/filing/0000894671-24-000023.json
- Plain text: https://secwatch.observer/filing/0000894671-24-000023.txt

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