Ohio Valley Banc Corp. (OVBC)

Ohio Valley Banc Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	64.94	54.82	42.27	42.1	43.2
Interest Income on Investments	10.83	7.04	5.34	2.61	2.97
Total Interest Income	75.76	61.87	47.62	44.71	46.17
Interest Paid on Deposits	24.64	14.17	2.13	2.98	5.25
Interest Paid on Borrowings	2.32	1.66	0.71	0.72	0.94
Total Interest Expense	26.96	15.84	2.84	3.7	6.19
Net Interest Income	48.8	46.03	44.78	41.01	39.98
Net Interest Income Growth (YoY)	6.03%	2.79%	9.18%	2.58%	-7.13%
Trust Income	0.4	0.33	0.33	0.29	0.26
Mortgage Banking Activities	0.16	0.18	0.7	0.85	1.25
Gain (Loss) on Sale of Investments	-	-0.02	-1.54	-1.07	-
Other Non-Interest Income	9.57	9.45	8.23	7.93	6.28
Total Non-Interest Income	13.17	12.63	10.16	9.86	9.44
Non-Interest Income Growth (YoY)	4.29%	24.28%	3.02%	4.51%	2.97%
Revenues Before Loan Losses	61.98	58.66	54.94	50.88	49.42
Provision for Loan Losses	2.47	2.09	-0.03	-0.42	2.98
Revenue	59.51	56.57	54.97	51.3	46.44
Revenue Growth (YoY)	5.20%	2.90%	7.17%	10.46%	-9.33%
Salaries and Employee Benefits	27.78	23.27	21.04	21.07	21.02
Federal Deposit Insurance	0.65	0.57	0.34	0.33	0.17
Amortization of Goodwill & Intangibles	0.01	0.02	0.04	0.05	0.06
Selling, General & Administrative	11.29	11.47	11.65	10.18	9.28
Other Non-Interest Expense	6.4	6.02	5.92	5.6	5.47
Total Non-Interest Expense	46.13	41.37	39.04	37.28	36.13
EBT Excluding Unusual Items	13.38	15.2	15.93	14.02	10.31
Legal Settlements	-	-	-	-	2
Pretax Income	13.38	15.2	15.93	14.02	12.31
Income Tax Expense	2.38	2.57	2.59	2.28	2.05
Net Income	11	12.63	13.34	11.73	10.26
Net Income to Common	11	12.63	13.34	11.73	10.26
Net Income Growth	-12.92%	-5.30%	13.69%	14.36%	3.55%
Basic Shares Outstanding	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5
Shares Change (YoY)	-0.79%	0.11%	-0.24%	-0.14%	0.42%
EPS (Basic)	2.32	2.65	2.80	2.45	2.14
EPS (Diluted)	2.32	2.65	2.80	2.45	2.14
EPS Growth	-12.23%	-5.41%	13.96%	14.52%	3.12%
Dividend Per Share	0.880	0.870	0.840	0.840	0.840
Dividend Growth	1.15%	3.57%	0%	0%	0%
Effective Tax Rate	17.77%	16.89%	16.28%	16.30%	16.64%

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