OHIO VALLEY BANC CORP OVBC Income Statement

Ohio valley banc corp (OVBC)

Income statement / TTM

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
44,727	45,766	45,807	45,563	45,028	44,365	43,906	43,277	42,641	42,182	41,529	40,125	38,129	36,266	34,256	33,494	33,509	33,481	33,718	33,647	33,720	33,635	33,621	33,543	33,489	33,592	33,911	34,518	35,282	36,329	37,541	38,771	39,928	41,263	42,070	42,866	0	0	0
Securities
Taxable
2,521	2,542	2,549	2,495	2,429	2,377	2,296	2,248	2,194	2,116	2,055	2,006	1,961	1,961	1,949	1,926	1,888	1,849	1,802	1,768	1,760	1,717	1,674	1,575	1,445	1,339	1,312	1,351	1,482	1,608	1,644	1,730	1,757	1,776	1,917	2,055	0	0	0
Tax exempt
333	344	342	350	360	369	379	390	401	411	420	427	434	445	460	479	501	526	543	553	558	555	556	556	562	570	574	586	589	590	592	584	573	571	557	525	0	0	0
Dividends
346	393	420	441	444	440	433	422	409	392	367	341	320	302	296	294	293	293	292	292	300	312	325	340	341	322	311	289	275	279	267	264	267	267	275	282	0	0	0
Interest-bearing deposits with banks
1,064	1,221	1,264	1,196	1,242	1,608	1,445	1,261	1,007	582	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Interest
53	51	49	46	43	38	33	30	27	25	-297	-237	-141	21	371	331	286	185	172	155	136	136	127	133	149	135	158	179	188	195	188	171	155	163	154	151	0	0	0
Interest and Dividend Income, Operating, Total
49,044	50,317	50,431	50,091	49,546	49,197	48,492	47,628	46,679	45,708	44,885	43,392	41,316	39,348	37,332	36,524	36,477	36,334	36,527	36,415	36,474	36,355	36,303	36,147	35,986	35,958	36,266	36,923	37,816	39,001	40,232	41,520	42,680	44,040	44,973	45,879	0	0	0
Interest expense:
Deposits
6,193	6,026	5,667	5,156	4,605	4,155	3,792	3,468	3,135	2,843	2,534	2,374	2,256	2,154	2,137	2,109	2,154	2,191	2,209	2,175	2,198	2,236	2,309	2,440	2,651	2,917	3,447	4,016	4,529	5,064	5,685	6,529	7,454	8,436	9,407	10,130	0	0	0
Securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other borrowed funds
848	883	922	957	986	986	951	929	903	884	875	837	755	664	580	509	482	478	483	484	483	474	459	449	422	391	404	418	449	493	512	546	587	644	802	976	0	0	0
Subordinated debentures
334	356	363	362	352	330	307	284	263	248	237	225	214	204	193	184	176	170	168	166	165	165	165	166	167	265	400	537	674	789	885	978	1,071	1,089	1,088	1,088	0	0	0
Interest Expense, Total
7,375	7,265	6,952	6,475	5,943	5,471	5,050	4,681	4,301	3,975	3,646	3,436	3,225	3,022	2,910	2,802	2,812	2,839	2,860	2,825	2,846	2,875	2,933	3,055	3,240	3,573	4,251	4,971	5,652	6,346	7,070	8,041	9,100	10,169	11,322	12,234	0	0	0
Net interest income
41,669	43,052	43,479	43,616	43,603	43,726	43,442	42,947	42,378	41,733	41,239	39,956	38,091	36,326	34,422	33,722	33,665	33,495	33,667	33,590	33,628	33,480	33,370	33,092	32,746	32,385	32,015	31,952	32,164	32,655	33,162	33,479	33,580	33,871	33,651	33,645	0	0	0
Provision for loan losses
2,469	1,000	1,359	1,877	2,660	1,039	2,338	2,977	3,175	2,564	2,419	2,526	2,492	2,826	2,708	989	1,647	1,090	2,299	1,628	2,215	2,787	1,000	2,515	940	477	-765	-415	298	1,583	3,064	3,033	3,268	4,896	7,080	6,649	0	0	0
Net interest income after provision for loan losses
39,200	42,052	42,120	41,739	40,943	42,687	41,104	39,970	39,203	39,169	38,820	37,430	35,599	33,500	31,714	32,733	32,018	32,405	31,368	31,962	31,413	30,693	32,370	30,577	31,806	31,908	32,780	32,367	31,866	31,072	30,098	30,446	30,312	28,975	26,571	26,996	0	0	0
Noninterest income:
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,826	1,666	1,625	1,573	1,566	1,587	1,589	1,627	1,684	1,720	1,769	1,802	1,790	1,789	1,805	1,831	1,928	2,035	2,128	2,218	2,229	2,224	0	0	0
Trust fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	228	222	223	221	221	224	226	223	221	222	214	210	206	201	201	199	199	200	205	215	222	228	0	0	0
Income from bank owned life insurance and annuity assets
743	704	729	723	719	717	767	1,171	1,180	1,226	1,131	729	738	725	770	767	714	681	664	656	689	672	696	703	704	1,176	0	0	0	-	-	-	-	-	-	-	-	-	-
Income from bank owned life insurance and annuity assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	734	735	0	0	0
Mortgage banking income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	213	246	240	242	238	227	229	228	356	375	427	506	559	640	666	626	550	481	406	386	365	322	0	0	0
Electronic refund check / deposit fees
-	-	-	0	-	1,579	1,591	1,558	1,544	1,692	1,678	1,691	1,670	2,048	2,046	2,045	2,030	2,371	2,422	2,421	2,580	3,133	3,097	3,107	3,099	2,556	2,542	2,536	2,356	2,289	2,305	2,290	2,329	2,559	2,535	2,662	0	0	0
Debit / credit card interchange income
3,934	3,905	3,861	3,755	3,715	3,662	3,606	3,526	3,457	3,376	3,236	3,026	2,788	2,594	2,494	2,445	2,447	2,399	2,336	2,287	2,208	2,174	2,123	2,070	2,015	1,963	1,909	1,829	1,757	1,700	1,614	1,559	1,482	1,387	1,275	1,155	0	0	0
Loss on other real estate owned
0	-	0	0	-	-559	-20	39	-152	-189	-561	-546	-512	-467	39	47	79	99	171	181	140	113	0	0	0	-	-	-	-	-	0	0	0	-	0	0	0	0	0
Tax preparation fees
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit / credit card interchange income
3,934	3,905	3,861	3,755	3,715	3,662	3,606	3,526	3,457	3,376	3,159	2,921	0	-	0	0	-	-	-	-	-	-	-	-	-	-	1,909	1,829	1,757	1,700	1,614	1,559	1,482	1,387	1,275	1,155	0	0	0
Gain on sale of ProAlliance Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	810	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
668	669	669	631	770	850	826	863	718	688	876	858	907	908	780	821	822	848	866	776	828	813	832	971	972	997	1,042	1,090	1,163	1,206	1,156	1,089	973	956	973	965	0	0	0
Noninterest Income, Total
11,762	9,166	7,353	7,173	7,708	8,938	9,469	9,824	9,398	9,435	8,957	8,368	8,117	8,239	8,396	8,287	8,343	8,597	8,647	9,169	9,164	9,793	9,175	8,643	8,696	8,518	8,835	8,935	8,944	8,483	7,945	7,329	7,042	7,222	7,786	8,252	0	0	0
Noninterest expense:
Salaries and employee benefits
23,443	23,524	22,126	22,011	22,025	22,191	22,061	21,543	21,147	20,809	20,272	20,285	19,668	18,874	18,246	17,770	17,668	17,498	18,435	18,092	17,901	17,878	17,263	17,376	17,508	17,570	17,979	17,771	17,589	17,418	16,949	16,996	16,895	16,650	16,263	16,091	0	0	0
Occupancy
1,750	1,771	1,788	1,778	1,766	1,754	1,775	1,755	1,777	1,770	1,877	1,894	1,851	1,846	1,705	1,643	1,626	1,599	1,600	1,586	1,589	1,585	1,553	1,581	1,577	1,573	1,582	1,561	1,557	1,565	1,569	1,566	1,561	1,585	1,600	1,603	0	0	0
Furniture and equipment
1,059	1,060	1,036	1,044	1,032	1,023	1,037	1,043	1,043	1,049	1,038	1,054	997	922	908	815	808	801	762	797	755	757	797	800	856	902	908	916	943	954	1,009	1,053	1,100	1,143	1,141	1,163	0	0	0
Professional fees
2,434	2,508	2,438	2,354	2,180	2,016	1,991	1,911	1,847	1,792	1,680	1,588	1,478	1,362	1,339	1,344	1,356	1,375	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketing expense
839	841	800	793	785	777	1,036	1,046	1,041	1,034	956	932	923	915	904	887	873	860	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC insurance
-	113	192	302	307	447	467	456	450	465	443	425	464	455	519	582	566	583	564	541	522	483	476	469	473	490	501	450	608	755	865	983	993	1,029	1,058	1,139	0	0	0
Data processing
2,060	1,996	1,564	1,783	1,936	2,115	2,609	2,414	2,260	2,081	2,038	1,854	1,637	1,455	1,275	1,218	1,244	1,259	1,256	1,243	1,174	1,127	1,138	1,104	1,092	1,052	1,073	1,075	1,023	1,021	948	948	934	891	937	860	0	0	0
Software
1,675	1,705	1,573	1,609	1,548	1,533	1,544	1,511	1,523	1,486	1,456	1,459	1,383	1,316	1,272	1,208	1,168	1,123	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreclosed assets
203	266	261	253	289	238	238	342	362	499	535	438	484	357	423	436	377	347	226	180	159	185	222	245	248	482	592	610	631	446	809	769	735	650	0	0	0	-	-
Amortization of intangibles
192	206	119	125	130	135	141	146	151	156	188	150	109	68	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	930	777	361	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
5,684	5,508	5,383	5,251	5,188	5,197	4,480	4,673	5,441	5,468	6,166	5,760	4,608	4,399	4,113	4,116	4,248	4,174	1,884	2,688	3,319	4,109	4,155	4,105	4,246	4,584	8,240	8,129	8,006	7,582	5,777	5,655	5,571	5,607	6,859	7,006	0	0	0
Noninterest Expense, Total
39,449	39,498	37,280	37,303	37,186	37,426	37,379	36,840	37,042	36,609	36,802	36,408	34,305	32,899	31,481	30,380	30,161	29,619	30,465	29,982	29,425	29,293	28,326	28,402	28,722	29,375	30,875	30,512	30,357	29,741	28,670	28,714	28,533	28,299	27,943	27,918	0	0	0
Income before income taxes
11,513	11,720	12,193	11,609	11,465	14,199	13,194	12,954	11,559	11,995	10,975	9,390	9,411	8,840	8,629	10,640	10,200	11,383	9,550	11,149	11,152	11,193	13,219	10,818	11,780	11,051	10,740	10,790	10,453	9,814	9,373	9,061	8,821	7,898	6,414	7,330	0	0	0
Provision for income taxes
1,797	1,813	1,928	1,735	1,694	2,255	4,208	4,061	3,901	4,486	2,340	2,050	2,106	1,920	1,835	2,562	2,418	2,809	2,451	2,950	3,019	3,120	3,683	2,963	3,327	2,939	2,910	2,914	2,800	2,762	2,564	2,473	2,397	2,063	1,519	1,850	0	0	0
NET INCOME
9,716	9,907	10,265	9,874	9,771	11,944	8,986	8,893	7,658	7,509	8,635	7,340	7,305	6,920	6,794	8,078	7,782	8,574	7,099	8,199	8,133	8,073	9,536	7,855	8,453	8,112	7,830	7,876	7,653	7,052	6,809	6,588	6,424	5,835	4,895	5,480	0	0	0
Net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-
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
2,108	2,118	2,106	2,087	2,085	2,084	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fiduciary and Trust [Member]
Revenue from Contract with Customer
268	264	261	271	267	263	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Banking [Member]
Revenue from Contract with Customer
331	310	344	357	347	342	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-