secwatch.observer — SEC 8-K summary
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Issuer:     OHIO VALLEY BANC CORP (OVBC)
CIK:        0000894671
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0000894671-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Ohio Valley Banc Q4 net income down 22% to $2.5M; full-year EPS $2.32 vs $2.65
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- Q4 net income $2.515M ($0.53 EPS) vs $3.223M ($0.68) a year ago; FY 2024 net income $10.999M ($2.32 EPS), down 12.9%.
- Two one-time expenses: $3.3M voluntary early retirement program and $496k Sweet Home Ohio account bonuses.
- Net interest income increased $1.755M Q4, $2.777M FY; net interest margin fell 23 bps to 3.71%.
- Total assets $1.503B (+$151M), deposits +$148M, loans +$90M; nonperforming loans ratio rose to 0.46% from 0.26%.
- Dividend $0.22 per share unchanged; book value $31.91 (+5.8%); ROAA 0.77% vs 0.99%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894671/000089467125000003/0000894671-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894671/000089467125000003/sec8kearngsrels123124.htm
  HTML page:      https://secwatch.observer/filing/0000894671-25-000003

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