OHIO VALLEY BANC CORP
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
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FY2023 · Filed Mar 15, 2024
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EX-13 · Table VIII
Table VIII
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Return on average assets | .99% | 1.06% | .95% | .94% | .96% |
| Return on average equity | 9.24% | 9.86% | 8.45% | 7.83% | 8.10% |
| Dividend payout ratio | 38.56% | 35.39% | 34.25% | 39.20% | 40.37% |
| Average equity to average assets | 10.72% | 10.78% | 11.25% | 11.95% | 11.82% |
As our liquidity position dictates, the preceding funding sources may be utilized to supplement our liquidity position. If the utilization of wholesale funding increases to fund asset growth or for liquidity management purposes, the net interest margin may be negatively impacted due to the higher relative cost of these sources as compared to core deposits. For further cash flow information, see the condensed consolidated statement of cash flows. Management does not rely on any single source of liquidity and monitors the level of liquidity based on many factors affecting the Company’s financial condition.
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