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

Historic Loans - Loss Allowance for Ohio Valley Banc (OVBC) over the last 5 years, with Sep 2020 value amounting to $7.7 million.

  • Ohio Valley Banc's Loans - Loss Allowance rose 25.63% to $7.7 million in Q3 2020 from the same period last year, while for Sep 2020 it was $7.7 million, marking a year-over-year increase of 25.63%. This contributed to the annual value of $6.3 million for FY2019, which is 6.78% down from last year.
  • As of Q3 2020, Ohio Valley Banc's Loans - Loss Allowance stood at $7.7 million, which was down 3.14% from $8.0 million recorded in Q2 2020.
  • Ohio Valley Banc's Loans - Loss Allowance's 5-year high stood at $8.7 million during Q1 2020, with a 5-year trough of $6.2 million in Q3 2019.
  • Over the past 3 years, Ohio Valley Banc's median Loans - Loss Allowance value was $7.7 million (recorded in 2020), while the average stood at $7.5 million.
  • Per our database at Business Quant, Ohio Valley Banc's Loans - Loss Allowance dropped by 26.00% in 2019 and then rose by 25.63% in 2020.
  • Over the past 5 years, Ohio Valley Banc's Loans - Loss Allowance (Quarterly) stood at $7.7 million in 2016, then declined by 2.60% to $7.5 million in 2017, then dropped by 10.28% to $6.7 million in 2018, then declined by 6.78% to $6.3 million in 2019, then grew by 25.63% to $7.7 million in 2020.
  • Its last three reported values are $7.7 million in Q3 2020, $8.0 million for Q2 2020, and $8.7 million during Q1 2020.