Ohio Valley Banc Corp

Ohio Valley Banc Corp. shares edged lower after the company reported second-quarter 2026 net income fell 30.5% to $2.9 million, or $0.62 per share, as a sharp rise in credit loss provisions outweighed stronger net interest income. The provision for credit losses jumped to $3.8 million from $1.1 million a year earlier, driven by a $4.5 million increase in specific allocations on two collateral-dependent loans. Net interest income rose 5.9% to $15.4 million, supported by loan growth that pushed average earning assets to $1.59 billion, though the net interest margin narrowed to 3.93% from 4.17%. Nonperforming loans climbed to 1.44% of total loans from 0.45%, while the allowance for credit losses increased to 1.33% from 0.99%. Total assets reached $1.66 billion as of June 30, 2026, up from $1.58 billion at year-end 2025.