OHIO VALLEY BANC CORP OVBC Income Statement

Ohio valley banc corp (OVBC)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest and dividend income:
Loans, including fees
10,873	11,190	11,362	11,302	11,912	11,231	11,118	10,767	11,249	10,772	10,489	10,131	10,790	10,119	9,085	8,135	8,927	8,109	8,323	8,150	8,899	8,346	8,252	8,223	8,814	8,332	8,174	8,169	8,917	8,651	8,781	8,933	9,964	9,863	10,011	10,090	11,299	10,670	10,807
Securities
Taxable
597	631	637	656	618	638	583	590	566	557	535	536	488	496	486	491	488	484	463	453	449	437	429	445	406	394	330	315	300	367	369	446	426	403	455	473	445	544	593
Tax exempt
73	91	85	84	84	89	93	94	93	99	104	105	103	108	111	112	114	123	130	134	139	140	140	139	136	141	140	145	144	145	152	148	145	147	144	137	143	133	112
Dividends
66	85	91	104	113	112	112	107	109	105	101	94	92	80	75	73	74	74	73	72	74	73	73	80	86	86	88	81	67	75	66	67	71	63	63	70	71	71	70
Interest-bearing deposits with banks
162	244	333	325	319	287	265	371	685	124	81	117	260	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Interest
14	14	13	12	12	12	10	9	7	7	7	6	5	-315	67	102	167	35	27	57	66	22	10	38	66	13	16	54	52	36	37	63	59	29	20	47	67	20	17
Interest and Dividend Income, Operating, Total
11,785	12,255	12,521	12,483	13,058	12,369	12,181	11,938	12,709	11,664	11,317	10,989	11,738	10,841	9,824	8,913	9,770	8,825	9,016	8,866	9,627	9,018	8,904	8,925	9,508	8,966	8,748	8,764	9,480	9,274	9,405	9,657	10,665	10,505	10,693	10,817	12,025	11,438	11,599
Interest expense:
Deposits
1,509	1,580	1,592	1,512	1,342	1,221	1,081	961	892	858	757	628	600	549	597	510	498	532	569	555	535	550	535	578	573	623	666	789	839	1,153	1,235	1,302	1,374	1,774	2,079	2,227	2,356	2,745	2,802
Securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	13	15
Other borrowed funds
200	207	215	226	235	246	250	255	235	211	228	229	216	202	190	147	125	118	119	120	121	123	120	119	112	108	110	92	81	121	124	123	125	140	158	164	182	298	332
Subordinated debentures
72	82	88	92	94	89	87	82	72	66	64	61	57	55	52	50	47	44	43	42	41	42	41	41	41	42	42	42	139	177	179	179	254	273	272	272	272	272	272
Interest Expense, Total
1,781	1,869	1,895	1,830	1,671	1,556	1,418	1,298	1,199	1,135	1,049	918	873	806	839	707	670	694	731	717	697	715	696	738	726	773	818	923	1,059	1,451	1,538	1,604	1,753	2,175	2,509	2,663	2,822	3,328	3,421
Net interest income
10,004	10,386	10,626	10,653	11,387	10,813	10,763	10,640	11,510	10,529	10,268	10,071	10,865	10,035	8,985	8,206	9,100	8,131	8,285	8,149	8,930	8,303	8,208	8,187	8,782	8,193	7,930	7,841	8,421	7,823	7,867	8,053	8,912	8,330	8,184	8,154	9,203	8,110	8,178
Provision for loan losses
3,846	-1,015	444	-806	2,377	-656	962	-23	756	643	1,601	175	145	498	1,708	141	479	380	-11	799	-78	1,589	-682	1,386	494	-198	833	-189	31	-1,440	1,183	524	1,316	41	1,152	759	2,944	2,225	721
Net interest income after provision for loan losses
6,158	11,401	10,182	11,459	9,010	11,469	9,801	10,663	10,754	9,886	8,667	9,896	10,720	9,537	7,277	8,065	8,621	7,751	8,296	7,350	9,008	6,714	8,890	6,801	8,288	8,391	7,097	8,030	8,390	9,263	6,684	7,529	7,596	8,289	7,032	7,395	6,259	5,885	7,457
Noninterest income:
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	575	434	405	412	415	393	353	405	436	395	391	462	472	444	424	450	471	460	450	547	578	553	540	558	573
Trust fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	58	56	60	54	52	57	58	54	55	59	55	52	56	51	51	48	51	51	49	48	52	56	59	55	58
Income from bank owned life insurance and annuity assets
217	170	179	177	178	195	173	173	176	245	577	182	222	150	175	191	209	195	172	138	176	178	164	171	159	202	171	172	631	-	-	-	-	-	-	-	-	-	-
Income from bank owned life insurance and annuity assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	198	200	194	-	184	182	179	189	185
Mortgage banking income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	61	57	51	77	55	59	47	66	57	58	175	85	109	137	228	166	135	97	152	97	60	77	131	54
Electronic refund check / deposit fees
-	-	-	5	-	13	33	305	1,228	25	0	291	1,376	11	13	270	1,754	9	12	255	2,095	60	11	414	2,648	24	21	406	2,105	10	15	226	2,038	26	0	265	2,268	2	127
Debit / credit card interchange income
943	970	1,049	972	914	926	943	932	861	870	863	863	780	730	653	625	586	630	604	627	538	567	555	548	504	516	502	493	452	462	422	421	395	376	367	344	300	264	247
Loss on other real estate owned
-101	-	-15	14	-	-634	-82	170	-13	-95	-23	-21	-50	-467	-8	13	-5	39	0	45	15	111	10	4	-12	-	-	-	-	-	30	143	8	-	-474	5	5	-83	34
Tax preparation fees
615	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement
2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	135	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit / credit card interchange income
943	970	1,049	972	914	926	943	932	861	870	863	863	780	-	653	625	-	-	-	-	-	-	-	-	-	-	502	493	452	462	422	421	395	376	367	344	300	264	247
Gain on sale of ProAlliance Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	675	0	135	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
117	181	202	168	118	181	164	307	198	157	201	162	168	345	183	211	169	217	224	212	195	235	134	264	180	254	273	265	205	299	321	338	248	249	254	222	231	266	246
Noninterest Income, Total
4,442	3,210	2,107	2,003	1,846	1,397	1,927	2,538	3,076	1,928	2,282	2,112	3,113	1,450	1,693	1,861	3,235	1,607	1,584	1,917	3,489	1,657	2,106	1,912	4,118	1,039	1,574	1,965	3,940	1,356	1,674	1,974	3,479	818	1,058	1,687	3,659	1,382	1,524
Noninterest expense:
Salaries and employee benefits
5,455	6,809	5,652	5,527	5,536	5,411	5,537	5,541	5,702	5,281	5,019	5,145	5,364	4,744	5,032	4,528	4,570	4,116	4,556	4,426	4,400	5,053	4,213	4,235	4,377	4,438	4,326	4,367	4,439	4,847	4,118	4,185	4,268	4,378	4,165	4,084	4,023	3,991	3,993
Occupancy
432	401	479	438	453	418	469	426	441	439	449	448	434	546	466	405	429	405	404	388	402	406	390	391	398	374	418	387	394	383	397	383	402	387	394	378	426	402	397
Furniture and equipment
262	272	255	270	263	248	263	258	254	262	269	258	260	251	285	201	185	237	192	194	178	198	227	152	180	238	230	208	226	244	238	235	237	299	282	282	280	297	304
Professional fees
598	549	598	689	672	479	514	515	508	454	434	451	453	342	342	341	337	319	347	353	356	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketing expense
268	31	270	270	270	-10	263	262	262	249	273	257	255	171	249	248	247	160	232	234	234	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC insurance
-	0	0	110	3	79	110	115	143	99	99	109	158	77	81	148	149	141	144	132	166	122	121	113	127	115	114	117	144	126	63	275	291	236	181	285	327	265	262
Data processing
599	367	540	554	535	-65	759	707	714	429	564	553	535	386	380	336	353	206	323	362	368	203	310	293	321	214	276	281	281	235	278	229	279	162	278	215	236	208	201
Software
381	505	362	427	411	373	398	366	396	384	365	378	359	354	368	302	292	310	304	262	247	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreclosed assets
43	79	62	19	106	74	54	55	55	74	158	75	192	110	61	121	65	176	74	62	35	55	28	41	61	92	51	44	295	202	69	65	110	565	29	31	25	-	-
Amortization of intangibles
17	117	27	31	31	30	33	36	36	36	38	41	41	68	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	153	416	134	227	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,464	1,271	1,493	1,456	1,288	1,146	1,361	1,393	1,297	429	1,554	2,161	1,324	1,127	1,148	1,009	1,115	841	1,151	1,141	1,041	-1,449	1,955	1,772	1,831	-1,403	1,905	1,913	2,169	2,253	1,794	1,790	1,745	448	1,672	1,706	1,781	1,700	1,819
Noninterest Expense, Total
9,519	10,401	9,738	9,791	9,568	8,183	9,761	9,674	9,808	8,136	9,222	9,876	9,375	8,329	8,828	7,773	7,969	6,911	7,727	7,554	7,427	7,757	7,244	6,997	7,295	6,790	7,320	7,317	7,948	8,290	6,957	7,162	7,332	7,219	7,001	6,981	7,098	6,863	6,976
Income before income taxes
1,081	4,210	2,551	3,671	1,288	4,683	1,967	3,527	4,022	3,678	1,727	2,132	4,458	2,658	142	2,153	3,887	2,447	2,153	1,713	5,070	614	3,752	1,716	5,111	2,640	1,351	2,678	4,382	2,329	1,401	2,341	3,743	1,888	1,089	2,101	2,820	404	2,005
Provision for income taxes
79	712	414	592	95	827	221	551	656	2,780	74	391	1,241	634	-216	447	1,055	549	511	303	1,446	191	1,010	372	1,547	754	290	736	1,159	725	294	622	1,121	527	203	546	787	-17	534
NET INCOME
1,002	3,498	2,137	3,079	1,193	3,856	1,746	2,976	3,366	898	1,653	1,741	3,217	2,024	358	1,706	2,832	1,898	1,642	1,410	3,624	423	2,742	1,344	3,564	1,886	1,061	1,942	3,223	1,604	1,107	1,719	2,622	1,361	886	1,555	2,033	421	1,471
Net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	235	657	112	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,121	2,212	2,145	-	-
Earnings per share (in dollars per share)
0.21	0.73	0.45	0.65	0.25	0.82	0.37	0.63	0.71	0.19	0.35	0.37	0.69	0.41	0.08	0.41	0.69	0.46	0.40	0.34	0.88	0.10	0.67	0.33	0.87	0.47	0.26	0.48	0.79	0.40	0.27	0.43	0.65	0.34	0.22	0.39	0.51	0.10	0.37
Cash dividends, per share (in dollars per share)
-	-	-	0.21	-	-	-	0.21	0.21	-	0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposit Account [Member]
Revenue from Contract with Customer
493	545	553	517	503	533	534	515	502	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fiduciary and Trust [Member]
Revenue from Contract with Customer
68	69	59	72	64	66	69	68	60	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Banking [Member]
Revenue from Contract with Customer
90	83	80	78	69	117	93	68	64	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-