Ohio Valley Banc Corp. (OVBC)

Ohio Valley Banc Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	63.03	54.82	42.27	42.1	43.2	45.77
Interest Income on Investments	9.84	7.04	5.34	2.61	2.97	4.55
Total Interest Income	72.86	61.87	47.62	44.71	46.17	50.32
Interest Paid on Deposits	23.44	14.17	2.13	2.98	5.25	6.03
Interest Paid on Borrowings	2.38	1.66	0.71	0.72	0.94	1.24
Total Interest Expense	25.81	15.84	2.84	3.7	6.19	7.27
Net Interest Income	47.05	46.03	44.78	41.01	39.98	43.05
Net Interest Income Growth (YoY)	-0.11%	2.79%	9.18%	2.58%	-7.13%	-1.54%
Trust Income	0.38	0.33	0.33	0.29	0.26	0.26
Mortgage Banking Activities	0.16	0.18	0.7	0.85	1.25	0.31
Gain (Loss) on Sale of Assets	-	-	-	-	-	1.26
Gain (Loss) on Sale of Investments	-0.02	-0.02	-1.54	-1.07	-	-
Other Non-Interest Income	9.32	9.45	8.23	7.93	6.28	5.28
Total Non-Interest Income	12.83	12.63	10.16	9.86	9.44	9.17
Non-Interest Income Growth (YoY)	25.32%	24.28%	3.02%	4.51%	2.97%	2.55%
Revenues Before Loan Losses	59.88	58.66	54.94	50.88	49.42	52.22
Provision for Loan Losses	2.54	2.09	-0.03	-0.42	2.98	1
Revenue	57.34	56.57	54.97	51.3	46.44	51.22
Revenue Growth (YoY)	3.72%	2.90%	7.17%	10.46%	-9.33%	-0.79%
Salaries and Employee Benefits	24.58	23.27	21.04	21.07	21.02	21.19
Federal Deposit Insurance	0.62	0.57	0.34	0.33	0.17	0.11
Amortization of Goodwill & Intangibles	0.01	0.02	0.04	0.05	0.06	0.21
Selling, General & Administrative	11.86	11.47	11.65	10.18	9.28	10.71
Other Non-Interest Expense	6.06	6.02	5.92	5.6	5.47	5.51
Total Non-Interest Expense	43.13	41.37	39.04	37.28	36.13	37.99
EBT Excluding Unusual Items	14.21	15.2	15.93	14.02	10.31	13.23
Legal Settlements	-	-	-	-	2	-
Pretax Income	14.21	15.2	15.93	14.02	12.31	11.72
Income Tax Expense	2.51	2.57	2.59	2.28	2.05	1.81
Net Income	11.71	12.63	13.34	11.73	10.26	9.91
Net Income to Common	11.71	12.63	13.34	11.73	10.26	9.91
Net Income Growth	-9.47%	-5.30%	13.69%	14.36%	3.55%	-17.05%
Basic Shares Outstanding	5	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5	5
Shares Change (YoY)	-0.46%	0.11%	-0.24%	-0.14%	0.42%	0.87%
EPS (Basic)	2.46	2.65	2.80	2.45	2.14	2.08
EPS (Diluted)	2.46	2.65	2.80	2.45	2.14	2.08
EPS Growth	-9.06%	-5.41%	13.96%	14.52%	3.12%	-17.77%
Dividend Per Share	0.880	0.870	0.840	0.840	0.840	0.840
Dividend Growth	2.33%	3.57%	0%	0%	0%	0%
Effective Tax Rate	17.64%	16.89%	16.28%	16.30%	16.64%	15.47%

Source: S&P Capital IQ. Banks template. Financial Sources.