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Ohio Valley Banc Corp. (OVBC) reported a third-quarter net income of $3 million for the period ending September 30, 2025, reflecting an 11.4% increase from $2.7 million in the same quarter last year. Earnings per share rose to $0.64 from $0.58. Net interest income increased by 16% year over year to $14.6 million, driven by a wider net interest margin of 4.05%, up from 3.76% in the previous year.
For the nine months ended September 30, 2025, OVBC’s net income surged 37.3% to $11.6 million, or $2.47 per share, compared to $8.5 million or $1.79 per share in the previous year. Year-to-date, average earning assets grew by 8.8%, supported by $75 million in securities and $65 million in average loans. Noninterest income declined by 38.8% to $1.7 million due to $1.2 million in realized securities losses.
As of September 30, 2025, total assets reached $1.57 billion, up from $1.50 billion at the end of 2024, while total deposits increased to $1.33 billion from $1.28 billion. The provision for credit losses was $1.1 million, up from $0.9 million a year earlier, reflecting loan growth and updated economic forecasts. Ohio Valley Banc maintained its quarterly dividend at $0.23 per share.
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