Every 8-K that Ohio Valley Banc Corp (OVBC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OVBC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OVBC filings page.
Ohio Valley Banc Corp. (OVBC) has extended the expiration date of its existing share repurchase program by one year to August 31, 2027. The program, originally approved in 2021 and previously set to expire August 31, 2026, authorizes the repurchase of up to $5,000,000 of outstanding common stock. As of August 18, 2026, the company had repurchased approximately $2,967,000 in common shares under this authorization, leaving capacity for additional repurchases. Other than the new expiration date, all terms of the stock buyback program remain unchanged, and the Board of Directors may terminate or amend the program at any time before the new expiration.
Ohio Valley Banc Corp. reported consolidated net income for Q2 2026 of $2,927,000, a decrease of $1,283,000, or 30.5%, from the prior-year quarter, with EPS of $0.62 versus $0.89. For the first six months of 2026, net income was $7,224,000, down $1,392,000, or 16.2%, and EPS was $1.53 versus $1.83 in 2025. Return on average assets and equity were 0.89% and 8.48%, below prior-year levels.
Net interest income rose on higher average earning assets, especially targeted commercial loans, but the net interest margin narrowed to 3.93% in Q2 2026 from 4.17% as funding costs increased faster than asset yields. Provision for credit losses increased sharply to $3,755,000 for the quarter and $5,377,000 year-to-date, mainly from higher specific allocations on two collateral-dependent commercial loans and reserves tied to loan growth.
Credit metrics reflected this stress: nonperforming loans were 1.44% of total loans at June 30, 2026, versus 0.45% a year earlier, while the allowance for credit losses rose to 1.33% of total loans. Total assets reached $1.661 billion, up $79 million, or 5.0%, from year-end 2025, driven by growth in loans, balances at the Federal Reserve, and deposits.
Ohio Valley Banc Corp. reported leadership and governance changes alongside routine shareholder voting results. The board appointed K. Ryan Smith as the company’s first independent chairman, succeeding long-time chairman Thomas E. Wiseman, who remains a director. Ryan J. Jones was elected president of OVBC and The Ohio Valley Bank Company and added to both boards, while Larry E. Miller II continues as chief executive officer.
The board amended OVBC’s Code of Regulations to clarify that the chairman serves at the board’s pleasure and is not automatically an officer. At the 2026 annual meeting, shareholders elected three directors for terms expiring in 2029, approved executive compensation in an advisory vote, and ratified Plante & Moran, PLLC as independent auditor for 2026. OVBC also highlighted plans for expansion, including a new loan office in Charleston, West Virginia, and early-stage planning for locations in South Bloomfield and Ironton, Ohio.
Ohio Valley Banc Corp. reported first-quarter 2026 net income of $4.3 million, down 2.5% from the prior year, with earnings per share of $0.91 versus $0.94 a year earlier. Return on average assets was 1.08% and return on average equity was 10.17%.
Core banking performance was solid, as net interest income rose 13.3% to $14.9 million, driven by $121 million growth in average earning assets, led by higher commercial loans, and a wider net interest margin of 4.01% versus 3.85%. However, provision for credit losses increased to $1.6 million, primarily from specific allocations on two collateral-dependent loans, and the nonperforming loan ratio climbed to 1.64%. Total assets reached $1.68 billion, with deposits rising $94 million and shareholders’ equity at $171.3 million.
Ohio Valley Banc Corp. announced upcoming board leadership changes driven by planned retirements. Director David W. Thomas plans to retire from the boards of the company and The Ohio Valley Bank Company at the 2026 Annual Meeting of Shareholders, in line with the mandatory retirement age of 70 and not due to any disagreement. At the same meeting, Thomas E. Wiseman will retire from his role as Chairman of the Board of both entities but will continue to serve as a director, helping maintain continuity in board oversight.
Ohio Valley Banc Corp. reported record earnings for 2025, with net income of $15.6 million, up 41.8% from 2024, and earnings per share rising to $3.31 from $2.32. For the fourth quarter, net income was $4.0 million and EPS $0.84, both sharply higher than a year earlier. Return on average assets improved to 1.02% and return on average equity to 9.83% for the year.
Results were driven by stronger core banking performance. Net interest income grew to $57.7 million for 2025, helped by a higher net interest margin of 4.07% versus 3.71%, as the loan portfolio expanded by $134 million and the bank shifted funding toward lower-cost deposits. Total assets reached $1.58 billion, with loans up 12.6% year over year.
Noninterest income fell as the company realized $3.7 million in losses on sales of lower-yielding securities to reinvest at higher rates, and other income declined. Noninterest expense dropped to $44.2 million, reflecting savings after a 2024 early retirement program. Credit quality metrics weakened as nonperforming loans rose to 1.40% of total loans, though the allowance for credit losses remained near 1% of loans.
Ohio Valley Banc Corp. (OVBC) reported stronger profitability. For the quarter ended September 30, 2025, net income was $3.03 million, up 11.4% year over year, and EPS was $0.64 versus $0.58. For the first nine months of 2025, net income reached $11.65 million, up 37.3%, with EPS of $2.47 versus $1.79.
Results were driven by higher net interest income and an improved net interest margin. Net interest income rose $2.02 million in Q3 and $6.54 million year to date, as average earning assets expanded and the margin increased to 4.05% in Q3 (from 3.76%) and 4.03% year to date (from 3.71%). The company realized a $1.219 million loss on securities sales, reinvesting $11.0 million from 1.32% yields into 4.37% yields to support future interest income.
Credit costs rose with a $1.112 million Q3 provision and $2.676 million year to date, tied to loan growth and charge-offs, while asset quality stayed stable: nonperforming loans were 0.42% of total loans. Total assets were $1.57 billion, loans increased $69 million since year end, deposits rose $57 million, and shareholders’ equity improved by $14.1 million, aided by earnings and higher accumulated other comprehensive income.
Ohio Valley Banc Corp. is extending its existing share repurchase program by one year, moving the expiration date from August 31, 2025 to August 31, 2026. The program authorizes the company to buy back up to $5,000,000 of its outstanding common stock. As of August 20, 2025, Ohio Valley Banc Corp. had already repurchased approximately $2,967,000 in common shares under this authorization, leaving capacity available for additional repurchases. Other than the new expiration date, the terms of the buyback program remain unchanged, and the Board of Directors may terminate or amend the program at any time before it expires.
Ohio Valley Banc Corp. (OVBC) posted strong Q2-25 results. Net income rose 42% YoY to $4.2 m, lifting EPS to $0.89 from $0.63. Six-month net income climbed 50% to $8.6 m ($1.83 EPS). Return on average assets improved to 1.16% and ROE to 11.30% for the half, reflecting a 33 bp expansion in net-interest margin to 4.01%.
Margin & balance-sheet drivers. Net-interest income expanded $2.6 m in Q2 and $4.5 m YTD, aided by a $122 m increase in average earning assets and richer asset mix. Participation in Ohio’s Homebuyer Plus program generated $77 m of low-cost public deposits, allowing deployment into higher-yielding securities and loans. Loans grew $39 m YTD (+$58 m in Q2) in commercial real estate, C&I and residential segments; consumer loans continued to run off. Noninterest expense was contained (+1.2% YTD) despite higher data-processing and marketing spend, benefiting from 2024’s early-retirement program.
Credit & capital. Provision for credit losses rose to $1.6 m YTD on loan growth and softer macro forecasts, but asset quality remained stable: NPL ratio 0.45% and ACL 0.99% of loans. Book value per share advanced to $34.12, while tangible equity gained $10.4 m after dividends of $0.45 per share.