2024 Q3 Form 10-Q Financial Statement

#000089467124000020 Filed on August 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $19.41M $18.65M
YoY Change 21.8% 24.21%
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
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.295M $3.620M
YoY Change 23.09% -6.89%
Income Tax $576.0K $648.0K
% Of Pretax Income 17.48% 17.9%
Net Earnings $2.719M $2.972M
YoY Change 20.79% -8.53%
Net Earnings / Revenue 14.01% 15.93%
Basic Earnings Per Share $0.58 $0.63
Diluted Earnings Per Share $0.58 $0.63
COMMON SHARES
Basic Shares Outstanding 4.711M 4.794M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $82.20M $107.7M
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 $22.51M $22.58M
YoY Change 5.43% 0.86%
Goodwill $7.319M $7.319M
YoY Change 0.0% 0.0%
Intangibles $0.00 $1.000K
YoY Change -100.0% -93.75%
Long-Term Investments
YoY Change
Other Assets $5.620M $6.959M
YoY Change -26.05% -0.51%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.494B $1.403B
YoY Change 13.7% 10.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $30.50M $27.95M
YoY Change 14.22% 18.33%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $781.0K $781.0K
YoY Change
Total Short-Term Liabilities $30.50M $27.95M
YoY Change 14.22% 18.33%
LONG-TERM LIABILITIES
Long-Term Debt $49.39M $50.56M
YoY Change 353.1% 42.8%
Other Long-Term Liabilities $566.0K $629.0K
YoY Change -5.67% 11.33%
Total Long-Term Liabilities $49.95M $51.19M
YoY Change 334.38% 42.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.50M $27.95M
Total Long-Term Liabilities $49.95M $51.19M
Total Liabilities $1.342B $1.258B
YoY Change 13.99% 10.69%
SHAREHOLDERS EQUITY
Retained Earnings $120.2M $118.5M
YoY Change 6.67% 6.31%
Common Stock $57.81M $57.81M
YoY Change 0.87% 0.87%
Preferred Stock
YoY Change
Treasury Stock (at cost) $18.68M $18.68M
YoY Change 11.53% 12.08%
Treasury Stock Shares
Shareholders Equity $152.2M $145.8M
YoY Change
Total Liabilities & Shareholders Equity $1.494B $1.403B
YoY Change 13.7% 10.13%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $2.719M $2.972M
YoY Change 20.79% -8.53%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $5.599M $5.108M
YoY Change -6.21% 29.28%
INVESTING ACTIVITIES
Capital Expenditures $183.0K $1.017M
YoY Change -67.32% 2.52%
Acquisitions
YoY Change
Other Investing Activities -$111.7M -$69.26M
YoY Change 1352.25% 76.7%
Cash From Investing Activities -$111.9M -$70.28M
YoY Change 1254.25% 74.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 80.79M 44.72M
YoY Change 120.25% 1304.52%
NET CHANGE
Cash From Operating Activities 5.599M 5.108M
Cash From Investing Activities -111.9M -70.28M
Cash From Financing Activities 80.79M 44.72M
Net Change In Cash -25.47M -20.45M
YoY Change -174.08% -38.14%
FREE CASH FLOW
Cash From Operating Activities $5.599M $5.108M
Capital Expenditures $183.0K $1.017M
Free Cash Flow $5.416M $4.091M
YoY Change 0.11% 38.26%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Security Exchange Name
SecurityExchangeName
NASDAQ
us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
202732000
CY2023 us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
206128000
CY2024Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
629000
CY2024Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
82673
CY2024Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1931000
ovbc Selling Costs Percentage Collateral
SellingCostsPercentageCollateral
0.10
CY2024Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
178025000
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
88000
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
15364000
CY2024Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
162749000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
14661000
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
162258000
CY2024Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
7932000
CY2024Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
8000
CY2024Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
758000
CY2024Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
7182000
CY2024Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2000
CY2023Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
7988000
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
17000
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
615000
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
7390000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
9948000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
9884000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
905000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
784000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
58380000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
55975000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
3616000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
3512000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
0
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
0
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
1284000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1065000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
0
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
0
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
2126000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
1820000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
109697000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
1000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
1000
CY2024Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
178025000
CY2024Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
162749000
CY2024Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
7932000
CY2024Q2 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
132552000
CY2023Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
126994000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
9482000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
129000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
143368000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
15235000
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
152850000
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
15364000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
9474000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
52000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
152784000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
14609000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
162258000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
14661000
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
94
CY2024Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11963000
CY2024Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
181000
CY2024Q2 us-gaap Noninterest Income
NoninterestIncome
2701000
CY2024Q2 us-gaap Noninterest Expense
NoninterestExpense
10863000
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
648000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
2972000
CY2024Q2 us-gaap Assets
Assets
1403317000
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11614000
CY2023Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
24000
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
2713000
CY2023Q2 us-gaap Noninterest Expense
NoninterestExpense
10415000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
639000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
3249000
CY2023Q2 us-gaap Assets
Assets
1274230000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
23153000
us-gaap Noninterest Expense
NoninterestExpense
21604000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1249000
us-gaap Net Income Loss
NetIncomeLoss
5765000
CY2024Q2 us-gaap Assets
Assets
1403317000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
23336000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
513000
us-gaap Noninterest Income
NoninterestIncome
6480000
us-gaap Noninterest Expense
NoninterestExpense
20687000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1459000
us-gaap Net Income Loss
NetIncomeLoss
7157000
CY2023Q2 us-gaap Assets
Assets
1274230000
CY2024Q2 ovbc Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
1
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0000894671
CY2024Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2000
CY2024Q2 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
0
us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
0
CY2023Q2 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
0
CY2023Q2 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
0
CY2024Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
200000
CY2023Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
0
ovbc Financing Receivable Allowance For Credit Loss Reversion Period
FinancingReceivableAllowanceForCreditLossReversionPeriod
P2Y
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
176919000
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
96890000
CY2024Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
7182000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2023Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2024Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
99
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2000
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0
us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Recovery
DebtSecuritiesHeldToMaturityAllowanceForCreditLossRecovery
0
CY2023Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Recovery
DebtSecuritiesHeldToMaturityAllowanceForCreditLossRecovery
0
CY2024Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2000
CY2023Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
3000
CY2024Q2 ovbc Cumulative Loss Rate
CumulativeLossRate
0.0002
CY2023Q1 ovbc Cumulative Loss Rate
CumulativeLossRate
0.0003
CY2023Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
3000
CY2023Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Recovery
DebtSecuritiesHeldToMaturityAllowanceForCreditLossRecovery
0
CY2023Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Recovery
DebtSecuritiesHeldToMaturityAllowanceForCreditLossRecovery
0
CY2024Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
1040284000
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
971900000
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9431000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8767000
CY2024Q2 us-gaap Notes Receivable Net
NotesReceivableNet
1030853000
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
963133000
CY2024Q2 ovbc Unamortized Loan Commitment And Origination Fee And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeeAndUnamortizedDiscountsOrPremiums
635000
CY2023Q4 ovbc Unamortized Loan Commitment And Origination Fee And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeeAndUnamortizedDiscountsOrPremiums
794000
CY2024Q2 ovbc Loans And Leases Receivables Deferred Income
LoansAndLeasesReceivablesDeferredIncome
572000
CY2023Q4 ovbc Loans And Leases Receivables Deferred Income
LoansAndLeasesReceivablesDeferredIncome
687000
CY2024Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
614000
CY2024Q2 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
2403000
CY2024Q2 ovbc Financing Receivable Nonaccrual With Allowance For Credit Loss
FinancingReceivableNonaccrualWithAllowanceForCreditLoss
2219000
CY2024Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4622000
CY2023Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
119000
CY2023Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
775000
CY2023Q4 ovbc Financing Receivable Nonaccrual With Allowance For Credit Loss
FinancingReceivableNonaccrualWithAllowanceForCreditLoss
1617000
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
2392000
CY2024Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
15000
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
19000
CY2024Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
1040284000
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
971900000
CY2024Q2 ovbc Loans Receivable Percentage Of Unsecured Loans
LoansReceivablePercentageOfUnsecuredLoans
0.0413
CY2023Q4 ovbc Loans Receivable Percentage Of Unsecured Loans
LoansReceivablePercentageOfUnsecuredLoans
0.0437
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9229000
CY2024Q2 ovbc Financing Receivable Credit Loss Expense Reversal On Loans
FinancingReceivableCreditLossExpenseReversalOnLoans
138000
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
555000
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
619000
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9431000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7607000
CY2023Q2 ovbc Financing Receivable Credit Loss Expense Reversal On Loans
FinancingReceivableCreditLossExpenseReversalOnLoans
114000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
417000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
267000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7571000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8767000
ovbc Financing Receivable Credit Loss Expense Reversal On Loans
FinancingReceivableCreditLossExpenseReversalOnLoans
995000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1149000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
818000
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
9431000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7431000
ovbc Financing Receivable Credit Loss Expense Reversal On Loans
FinancingReceivableCreditLossExpenseReversalOnLoans
579000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
873000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
434000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7571000
CY2024Q2 ovbc Allowance For Credit Losses Credit Loss Expense Reversal
AllowanceForCreditLossesCreditLossExpenseReversal
43000
ovbc Allowance For Credit Losses Credit Loss Expense Reversal
AllowanceForCreditLossesCreditLossExpenseReversal
-63000
CY2023Q2 ovbc Allowance For Credit Losses Credit Loss Expense Reversal
AllowanceForCreditLossesCreditLossExpenseReversal
-90000
ovbc Allowance For Credit Losses Credit Loss Expense Reversal
AllowanceForCreditLossesCreditLossExpenseReversal
-66000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
932000
us-gaap Noninterest Income
NoninterestIncome
6397000

Files In Submission

Name View Source Status
0000894671-24-000020-index-headers.html Edgar Link pending
0000894671-24-000020-index.html Edgar Link pending
0000894671-24-000020.txt Edgar Link pending
0000894671-24-000020-xbrl.zip Edgar Link pending
exhibit311_063024.htm Edgar Link pending
exhibit312_063024.htm Edgar Link pending
exhibit32_063024.htm Edgar Link pending
exhibit41_063024.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
ovbc-20240630.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
ovbc-20240630_cal.xml Edgar Link unprocessable
ovbc-20240630_def.xml Edgar Link unprocessable
ovbc-20240630_lab.xml Edgar Link unprocessable
ovbc-20240630_pre.xml Edgar Link unprocessable
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
sec10q063024.htm Edgar Link pending
Show.js Edgar Link pending
sec10q063024_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable