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Ohio Valley Banc (OVBC) Tax Provisions: 2016-2020

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

  • Ohio Valley Banc's Tax Provisions rose 49.44% to $1.1 million in Q4 2020 from the same period last year, while for Dec 2020 it was $2.0 million, marking a year-over-year increase of 12.96%. This contributed to the annual value of $3.6 million for FY2024, which is 7.40% up from last year.
  • Latest data reveals that Ohio Valley Banc reported Tax Provisions of $1.1 million as of Q4 2020, which was up 219.52% from $333,000 recorded in Q3 2020.
  • Ohio Valley Banc's 5-year Tax Provisions high stood at $2.8 million for Q4 2017, and its period low was -$216,000 during Q3 2016.
  • Moreover, its 3-year median value for Tax Provisions was $561,500 (2018), whereas its average is $520,833.
  • In the last 5 years, Ohio Valley Banc's Tax Provisions skyrocketed by 198.65% in 2018 and then slumped by 85.52% in 2019.
  • Ohio Valley Banc's Tax Provisions (Quarterly) stood at $1.4 million in 2016, then soared by 104.56% to $2.8 million in 2017, then plummeted by 65.43% to $961,000 in 2018, then fell by 25.91% to $712,000 in 2019, then skyrocketed by 49.44% to $1.1 million in 2020.
  • Its Tax Provisions was $1.1 million in Q4 2020, compared to $333,000 in Q3 2020 and $572,000 in Q2 2020.