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Ohio Valley Banc (OVBC) Depreciation Expense: 2016-2020

Historic Depreciation Expense for Ohio Valley Banc (OVBC) over the last 5 years, with Dec 2020 value amounting to $272,000.

  • Ohio Valley Banc's Depreciation Expense changed negligibly% to $272,000 in Q4 2020 from the same period last year, while for Dec 2020 it was $1.1 million, marking a year-over-year increase of 3.40%. This contributed to the annual value of $1.3 million for FY2024, which is 1.59% down from last year.
  • Ohio Valley Banc's Depreciation Expense amounted to $272,000 in Q4 2020, which was down 4.23% from $284,000 recorded in Q3 2020.
  • In the past 5 years, Ohio Valley Banc's Depreciation Expense registered a high of $285,000 during Q3 2016, and its lowest value of $185,000 during Q1 2016.
  • Moreover, its 3-year median value for Depreciation Expense was $263,000 (2019), whereas its average is $264,917.
  • Data for Ohio Valley Banc's Depreciation Expense shows a peak YoY increase of 40.54% (in 2017) and a maximum YoY decrease of 5.61% (in 2017) over the last 5 years.
  • Ohio Valley Banc's Depreciation Expense (Quarterly) stood at $251,000 in 2016, then grew by 4.38% to $262,000 in 2017, then fell by 5.34% to $248,000 in 2018, then grew by 9.68% to $272,000 in 2019, then remained steady at $272,000 in 2020.
  • Its Depreciation Expense stands at $272,000 for Q4 2020, versus $284,000 for Q3 2020 and $278,000 for Q2 2020.