- Ohio Valley press release ( NASDAQ: OVBC ): Q4 GAAP EPS of $0.74.
- Revenue of $13.58M (+15.1% Y/Y).
- During 2022, the quarterly net interest margin increased each quarter starting at 3.51% for the first quarter and ending at 4.38% for the fourth quarter.
- Return on average assets and return on average equity were 1.06% and 9.86%, respectively, for the year ended December 31, 2022, compared to .95% and 8.45%, respectively, for the same period in the prior year.
- For the three months ended December 31, 2022, the provision for loan losses was $659K, an increase of $960K from the same period last year.
- The allowance for loan losses was 0.60% of total loans at December 31, 2022, compared to 0.78% at December 31, 2021.
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Ohio Valley GAAP EPS of $0.74, revenue of $13.58M