Ohio Valley Banc Corp
ovbc.comWhat Do They Do?
Provides deposit accounts, commercial and consumer loans, and trust services to individuals and businesses in southeastern Ohio and western West Virginia.
10-K for FY2025, filed Mar 13, 2026
How Do They Make Money?
It earns interest and fees from loans and interest and dividends from securities; its insurance agency also receives commissions on insurance sold by the Bank and Loan Central.
10-K for FY2025, filed Mar 13, 2026The Company’s loan portfolio increased $134,193,000 to finish at $1,196,018,000 as of December 31, 2025. The increase in total loans came…View ↗
The Company’s investment policy stresses the management of the investment securities portfolio, which includes both securities held to…View ↗
Ohio Valley Financial Services is a licensed insurance agency that is used to facilitate the receipt of commissions on insurance sold by…View ↗
$85.2M
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10-K for FY2025, filed Mar 13, 2026
$85.2M ↗
Who Are Their Customers?
Bank customers use its offices and online banking for accounts and loan services; Loan Central serves tax-preparation customers with short-term refund advances and offers personal and mortgage loans.
10-K for FY2025, filed Mar 13, 2026The Bank is primarily engaged in commercial and retail banking. The Bank is a full-service financial institution offering a blend of…View ↗
The Bank also offers Internet banking to its customers, allowing customers to check personal account balances, receive information about…View ↗
The Bank offers Tax Refund Advance Loans (“TALs”) to Loan Central tax customers. A TAL represents a short-term loan offered by the Bank to…View ↗
Loan Central is engaged in consumer finance, offering smaller balance personal and mortgage loans generally to individuals with higher…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 18 cents of every revenue dollar as net income in FY2025 and turned 20 cents into free cash flow.
10-K for FY2025, filed Mar 13, 2026
How Are They Changing?
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May 15, 2026
Ryan Smith becomes chairman as Thomas Wiseman retires
Sources
8-K, filed May 15, 2026
On May 13, 2026, the Board of Directors (the “Board”) of Ohio Valley Banc Corp. ("OVBC") and The Ohio Valley Bank Company (the "Bank")…View ↗
Growing. Revenue grew 91% in 4 years, from $44.7M in FY2021 to $85.2M in FY2025, about 18% a year.
Online mortgage business
The earlier business description included Race Day, an online-only consumer mortgage lender, and said the company intended to dissolve it; the latest subsidiary description lists the Bank, Loan Central, and Ohio Valley Financial Services instead.
10-K for FY2022, filed Mar 23, 2023 10-K for FY2025, filed Mar 13, 2026In April 2021, the Bank formed a subsidiary, Race Day, which serves as an online-only consumer direct mortgage banking company. Race Day…View ↗
Ohio Valley Banc Corp. (“Ohio Valley”) is an Ohio corporation registered as a financial holding company pursuant to the Bank Holding…View ↗
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