Ohio Valley Banc (OVBC) Interest Expense - Deposits (2016 - 2020)

Ohio Valley Banc (OVBC) has disclosed Interest Expense - Deposits for 5 consecutive years, with $1.1 million as the latest value for Q4 2020.

  • Quarterly Interest Expense - Deposits fell 30.13% to $1.1 million in Q4 2020 from the year-ago period, while the trailing twelve-month figure was $5.3 million through Dec 2020, down 12.81% year-over-year, with the annual reading at $25.4 million for FY2025, 3.12% up from the prior year.
  • Interest Expense - Deposits for Q4 2020 was $1.1 million at Ohio Valley Banc, down from $1.3 million in the prior quarter.
  • The five-year high for Interest Expense - Deposits was $1.6 million in Q3 2019, with the low at $498000.0 in Q1 2016.
  • Average Interest Expense - Deposits over 5 years is $1.0 million, with a median of $1.0 million recorded in 2018.
  • The sharpest move saw Interest Expense - Deposits soared 57.34% in 2019, then crashed 30.13% in 2020.
  • Over 5 years, Interest Expense - Deposits stood at $549000.0 in 2016, then soared by 56.28% to $858000.0 in 2017, then soared by 42.31% to $1.2 million in 2018, then grew by 29.4% to $1.6 million in 2019, then crashed by 30.13% to $1.1 million in 2020.
  • According to Business Quant data, Interest Expense - Deposits over the past three periods came in at $1.1 million, $1.3 million, and $1.4 million for Q4 2020, Q3 2020, and Q2 2020 respectively.