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

Historic Interest Expense - Deposits for Ohio Valley Banc (OVBC) over the last 5 years, with Dec 2020 value amounting to $1.1 million.

  • Ohio Valley Banc's Interest Expense - Deposits fell 30.13% to $1.1 million in Q4 2020 from the same period last year, while for Dec 2020 it was $5.3 million, marking a year-over-year decrease of 12.81%. This contributed to the annual value of $24.6 million for FY2024, which is 73.83% up from last year.
  • Per Ohio Valley Banc's latest filing, its Interest Expense - Deposits stood at $1.1 million for Q4 2020, which was down 13.34% from $1.3 million recorded in Q3 2020.
  • Ohio Valley Banc's Interest Expense - Deposits' 5-year high stood at $1.6 million during Q3 2019, with a 5-year trough of $498,000 in Q1 2016.
  • Over the past 3 years, Ohio Valley Banc's median Interest Expense - Deposits value was $1.3 million (recorded in 2019), while the average stood at $1.3 million.
  • Per our database at Business Quant, Ohio Valley Banc's Interest Expense - Deposits surged by 57.34% in 2019 and then crashed by 30.13% in 2020.
  • Over the past 5 years, Ohio Valley Banc's Interest Expense - Deposits (Quarterly) stood at $549,000 in 2016, then skyrocketed by 56.28% to $858,000 in 2017, then surged by 42.31% to $1.2 million in 2018, then increased by 29.40% to $1.6 million in 2019, then tumbled by 30.13% to $1.1 million in 2020.
  • Its Interest Expense - Deposits stands at $1.1 million for Q4 2020, versus $1.3 million for Q3 2020 and $1.4 million for Q2 2020.