Ohio valley banc corp (OVBC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest and dividend income:
Loans, including fees

45,766

44,365

42,182

36,266

33,481

33,635

33,592

36,329

41,263

43,462

44,076

Securities
Taxable

2,542

2,377

2,116

1,961

1,849

1,717

1,339

1,608

1,776

2,187

2,748

Tax exempt

344

369

411

445

526

555

570

590

571

497

451

Dividends

393

440

392

302

293

312

322

279

267

275

290

Interest-bearing deposits with banks

1,221

1,608

582

353

-

-

-

-

-

-

-

Other Interest

51

38

25

21

185

136

135

195

163

93

58

Interest and Dividend Income, Operating, Total

50,317

49,197

45,708

39,348

36,334

36,355

35,958

39,001

44,040

46,514

47,623

Interest expense:
Deposits

6,026

4,155

2,843

2,154

2,191

2,236

2,917

5,064

8,436

11,053

13,683

Securities sold under agreements to repurchase

-

-

-

-

-

-

-

-

-

-

75

Other borrowed funds

883

986

884

664

478

474

391

493

644

1,405

2,085

Subordinated debentures

356

330

248

204

170

165

265

789

1,089

1,089

1,089

Interest Expense, Total

7,265

5,471

3,975

3,022

2,839

2,875

3,573

6,346

10,169

13,547

16,932

Net interest income

43,052

43,726

41,733

36,326

33,495

33,480

32,385

32,655

33,871

32,967

30,691

Provision for loan losses

1,000

1,039

2,564

2,826

1,090

2,787

477

1,583

4,896

5,871

3,212

Net interest income after provision for loan losses

42,052

42,687

39,169

33,500

32,405

30,693

31,908

31,072

28,975

27,096

27,479

Noninterest income:
Service charges on deposit accounts

-

-

-

-

1,573

1,627

1,802

1,831

2,218

2,202

2,816

Trust fees

-

-

-

-

221

223

210

199

215

233

227

Income from bank owned life insurance and annuity assets

704

717

1,226

725

681

672

1,176

782

725

-

1,311

Income from bank owned life insurance and annuity assets

-

-

-

-

-

-

-

-

-

741

-

Mortgage banking income

-

-

-

-

242

228

506

626

386

362

758

Electronic refund check / deposit fees

5

1,579

1,692

2,048

2,371

3,133

2,556

2,289

2,559

780

528

Debit / credit card interchange income

3,905

3,662

3,376

2,594

2,399

2,174

1,963

1,700

1,387

998

807

Loss on other real estate owned

-65

-559

-189

-467

99

113

-692

-

-

-

38

Net gain on branch divestitures

1,256

-

-

-

-

-

-

-

-

-

-

Gain on sale of securities

-

-

-

-

163

0

-

-

-

-

-

Debit / credit card interchange income

3,905

3,662

3,376

2,594

2,399

-

-

1,700

1,387

998

807

Gain (loss) on other real estate owned

-

-

-

-

-

-

-

331

1,266

-

-

Gain on sale of ProAlliance Corporation

-

-

-

-

-

810

-

-

-

-

-

Other

669

850

688

908

848

813

997

1,206

956

1,015

1,113

Noninterest Income, Total

9,166

8,938

9,435

8,239

8,597

9,793

8,518

8,483

7,222

6,154

7,598

Noninterest expense:
Salaries and employee benefits

23,524

22,191

20,809

18,874

17,498

17,878

17,570

17,418

16,650

15,647

14,824

Occupancy

1,771

1,754

1,770

1,846

1,599

1,585

1,573

1,565

1,585

1,609

1,599

Furniture and equipment

1,060

1,023

1,049

922

801

757

902

954

1,143

1,214

1,204

Professional fees

2,508

2,016

1,792

1,362

1,375

1,151

1,031

-

-

-

-

Marketing expense

841

777

1,034

915

860

1,004

791

-

-

-

-

Corporation franchise tax

-

-

-

-

-

-

-

-

744

745

-

Corporate franchise tax

-

-

-

-

-

-

-

-

-

-

713

FDIC insurance

113

447

465

455

583

483

490

755

1,029

1,061

1,625

Data processing

1,996

2,115

2,081

1,455

1,259

1,127

1,052

1,021

891

685

670

Software

1,705

1,533

1,486

1,316

1,123

1,014

900

-

-

-

-

Foreclosed assets

266

238

499

357

347

185

482

446

650

67

150

Amortization of intangibles

206

135

156

68

0

0

-

-

-

-

-

Merger related expenses

-

-

-

930

0

0

-

-

-

-

-

Other

5,508

5,197

5,468

4,399

4,174

4,109

4,584

7,582

5,607

5,615

5,375

Noninterest Expense, Total

39,498

37,426

36,609

32,899

29,619

29,293

29,375

29,741

28,299

26,643

26,160

Income before income taxes

11,720

14,199

11,995

8,840

11,383

11,193

11,051

9,814

7,898

6,607

8,917

Provision for income taxes

1,813

2,255

4,486

1,920

2,809

3,120

2,939

2,762

2,063

1,511

2,272

NET INCOME

9,907

11,944

7,509

6,920

8,574

8,073

8,112

7,052

5,835

5,096

6,645

Change in unrealized gains/losses on securities

-

-

-

-

-

-

-

-

-

-693

-

Income tax effect

-

-

-

-

-

-

-

-

-

-236

-

Net of tax

-

-

-

-

-

-

-

-

-

-457

-16

Comprehensive income

-

-

-

-

-

-

-

-

-

4,639

6,629

Earnings per share (in dollars per share)

2.08

2.53

1.60

1.59

2.08

1.97

2.00

1.75

1.46

1.28

1.67

Deposit Account [Member]
Revenue from Contract with Customer

2,118

2,084

2,137

1,977

-

-

-

-

-

-

-

Fiduciary and Trust [Member]
Revenue from Contract with Customer

264

263

240

227

-

-

-

-

-

-

-

Mortgage Banking [Member]
Revenue from Contract with Customer

310

342

265

227

-

-

-

-

-

-

-