OHIO VALLEY BANC CORP
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
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FY2023 · Filed Mar 15, 2024
OVBC$48.16-1.0%Stored close · as of Nov 10, 2026
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EX-13 · CONDENSED STATEMENTS OF INCOME
CONDENSED STATEMENTS OF INCOME
| Years ended December 31: | ||
|---|---|---|
| Income: | 2023 | 2022 |
| Interest on notes | $91 | $29 |
| Dividends from subsidiaries | 5,020 | 4,180 |
| Expenses: | ||
| Interest on notes | 91 | 29 |
| Interest on subordinated debentures | 598 | 296 |
| Operating expenses | 369 | 396 |
| Income before income taxes and equity in undistributed earnings of subsidiaries | 4,053 | 3,488 |
| Income tax benefit | 196 | 141 |
| Equity in undistributed earnings of subsidiaries | 8,382 | 9,709 |
| Net Income | $12,631 | $13,338 |
| Other comprehensive income (loss), net of tax | 3,385 | (15,521) |
| Comprehensive Income | $16,016 | $(2,183) |
Note Q - Parent Company Only Condensed Financial Information(continued)
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