secwatch.observer — SEC 8-K summary
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Issuer:     OHIO VALLEY BANC CORP (OVBC)
CIK:        0000894671
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001140361-22-038762
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Ohio Valley Banc Q3 net income $3.69M, EPS $0.77, +21.5% YoY; net interest margin expands
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- Net income $3.690M vs $3.036M in Q3 2021; diluted EPS $0.77 vs $0.63.
- Net interest margin rose to 4.03% from 3.57% a year ago; net interest income up $1.486M.
- Negative provision for loan losses of $378k vs $93k negative in prior year; nonperforming loans improved to 0.46% from 0.72%.
- Noninterest expense increased $878k to $10.347M largely due to Race Day Mortgage staffing and marketing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894671/000114036122038762/0001140361-22-038762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894671/000114036122038762/brhc10043382_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-038762

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