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Ohio Valley Banc (OVBC) Loans - Loss Allowance (2016 - 2020)

Ohio Valley Banc (OVBC) has disclosed Loans - Loss Allowance for 5 consecutive years, with $7.7 million as the latest value for Q3 2020.

  • Quarterly Loans - Loss Allowance rose 25.63% to $7.7 million in Q3 2020 from the year-ago period, while the trailing twelve-month figure was $7.7 million through Sep 2020, up 25.63% year-over-year, with the annual reading at $6.3 million for FY2019, 6.78% down from the prior year.
  • Loans - Loss Allowance for Q3 2020 was $7.7 million at Ohio Valley Banc, down from $8.0 million in the prior quarter.
  • The five-year high for Loans - Loss Allowance was $8.7 million in Q1 2020, with the low at $6.2 million in Q3 2019.
  • Average Loans - Loss Allowance over 5 years is $7.4 million, with a median of $7.5 million recorded in 2017.
  • The sharpest move saw Loans - Loss Allowance decreased 26.0% in 2019, then grew 25.63% in 2020.
  • Over 5 years, Loans - Loss Allowance stood at $7.7 million in 2016, then fell by 2.6% to $7.5 million in 2017, then fell by 10.28% to $6.7 million in 2018, then decreased by 6.78% to $6.3 million in 2019, then increased by 23.25% to $7.7 million in 2020.
  • According to Business Quant data, Loans - Loss Allowance over the past three periods came in at $7.7 million, $8.0 million, and $8.7 million for Q3 2020, Q2 2020, and Q1 2020 respectively.