$OVBC
OHIO VALLEY BANC CORP

2023 Q3 Form 10-Q Financial Statement

#000089467123000031 Filed on August 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $15.93M $15.02M
YoY Change 27.13% 33.83%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $4.556M $3.403M
YoY Change 563.17% 409.43%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.677M $3.888M
YoY Change -40.39% 65.24%
Income Tax $426.0K $639.0K
% Of Pretax Income 15.91% 16.44%
Net Earnings $2.251M $3.249M
YoY Change -39.0% 62.53%
Net Earnings / Revenue 14.13% 21.64%
Basic Earnings Per Share $0.47 $0.68
Diluted Earnings Per Share $0.47 $0.68
COMMON SHARES
Basic Shares Outstanding 4.777M 4.777M
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $91.19M $56.80M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $21.35M $22.39M
YoY Change -1.43% 7.94%
Goodwill $7.319M $7.319M
YoY Change 0.0% 0.0%
Intangibles $11.00K $16.00K
YoY Change -68.57% -63.64%
Long-Term Investments
YoY Change
Other Assets $7.600M $6.995M
YoY Change -0.71% 22.12%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.314B $1.274B
YoY Change 4.91% 1.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $26.70M $23.62M
YoY Change 16.37% 12.58%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $26.70M $23.62M
YoY Change 13.74% 9.8%
LONG-TERM LIABILITIES
Long-Term Debt $10.90M $35.40M
YoY Change -59.0% 250.26%
Other Long-Term Liabilities $600.0K $565.0K
YoY Change
Total Long-Term Liabilities $11.50M $35.97M
YoY Change -56.74% 255.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.70M $23.62M
Total Long-Term Liabilities $11.50M $35.97M
Total Liabilities $1.177B $1.136B
YoY Change 4.74% 1.32%
SHAREHOLDERS EQUITY
Retained Earnings $112.7M $111.5M
YoY Change 5.52% 7.1%
Common Stock $57.31M $57.31M
YoY Change 0.22% 0.22%
Preferred Stock
YoY Change
Treasury Stock (at cost) $16.75M $16.67M
YoY Change 0.49% 0.0%
Treasury Stock Shares
Shareholders Equity $136.8M $138.1M
YoY Change
Total Liabilities & Shareholders Equity $1.314B $1.274B
YoY Change 4.91% 1.62%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $2.251M $3.249M
YoY Change -39.0% 62.53%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $5.970M $3.951M
YoY Change 16.62% 55.12%
INVESTING ACTIVITIES
Capital Expenditures $560.0K $992.0K
YoY Change -178.43% -232.98%
Acquisitions
YoY Change
Other Investing Activities -$7.690M -$39.20M
YoY Change -151.13% -42.53%
Cash From Investing Activities -$8.260M -$40.19M
YoY Change -157.65% -41.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 36.68M 3.184M
YoY Change -8650.12% -198.67%
NET CHANGE
Cash From Operating Activities 5.970M 3.951M
Cash From Investing Activities -8.260M -40.19M
Cash From Financing Activities 36.68M 3.184M
Net Change In Cash 34.39M -33.05M
YoY Change 80.84% -52.53%
FREE CASH FLOW
Cash From Operating Activities $5.970M $3.951M
Capital Expenditures $560.0K $992.0K
Free Cash Flow $5.410M $2.959M
YoY Change -7.25% -10.14%

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