secwatch.observer — SEC 8-K summary
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Issuer:     OHIO VALLEY BANC CORP (OVBC)
CIK:        0000894671
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0000894671-26-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Ohio Valley Banc reports Q1 net income $4.3M, down 2.5% YoY; NPL ratio rises to 1.64%
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- Net income $4.297M ($0.91 EPS) vs $4.406M ($0.94 EPS) in Q1 2025; ROA 1.08% vs 1.20%.
- Net interest income up 13.3% to $14.888M; net interest margin expanded to 4.01% from 3.85%.
- Provision for credit losses surged to $1.622M from $0.416M, driven by $2.031M specific allocation on two collateral-dependent loans.
- Nonperforming loan ratio 1.64% (Mar 31) vs 1.40% (Dec 31) and 0.48% (Mar 31 2025); ACL ratio 1.07%.
- Noninterest income fell $358K due to expiration of a tax processing agreement; salaries and benefits rose 5.6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894671/000089467126000030/0000894671-26-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894671/000089467126000030/sec8kearngsrels033126.htm
  HTML page:      https://secwatch.observer/filing/0000894671-26-000030

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