The Ohio Valley Bank Company

Headquarters

420 Third Avenue
Gallipolis, OH 45631
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.85% →
1-Year CD 0.30% 0.70% →
2-Year CD 0.35% 0.75% →
5-Year CD 0.50% 1.15% →
30-Year Mortgage 4.57% 2.72% →
15-Year Mortgage 4.12% 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

The Ohio Valley Bank Company is an FDIC insured institution located in Gallipolis, OH. It was founded in 1872 and has approximately $1.21 billion in assets. Customers can open an account at one of its 18 branches.

FDIC Insured Yes
FDIC Certificate # 384
Date Established 1872
Assets $ 1,209.89 million
Loans $ 813.82 million
Deposits $ 1,036.20 million
Capital $ 132.62 million
 

For a more detailed analysis of The Ohio Valley Bank Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 3, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.49% $10,000 - Learn More
CD Rates APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.55% $10,000 $14,999 Learn More
18 Mo CD
0.55% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.35% $100,000 $199,999 Learn More
30 Mo CD
0.60% $10,000 $14,999 Learn More
30 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.40% $10,000 $14,999 Learn More
36 Mo CD
0.40% $100,000 $199,999 Learn More
48 Mo CD
0.45% $10,000 $14,999 Learn More
48 Mo CD
0.45% $100,000 $199,999 Learn More
60 Mo CD
0.50% $10,000 $14,999 Learn More
60 Mo CD
0.50% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - August 3, 2021

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

The Ohio Valley Bank Company branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


The Ohio Valley Bank Company Locations


Financial Details

The Ohio Valley Bank Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Ohio Valley Bank Company. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
The Ohio Valley Bank Company U.S. Bank Average
4.33% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, The Ohio Valley Bank Company had $6,026,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $132,621,000 in equity and $6,559,000 in loans loss reserves. That gives it a Texas Ratio of 4.33%.

Return on Equity
The Ohio Valley Bank Company U.S. Bank Average
8.73% 11.43%

The Ohio Valley Bank Company has a Return on Equity of 8.73% versus the BestCashCow average of 11.43%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
The Ohio Valley Bank Company U.S. Bank Average
10.96% 11.51%

The Ohio Valley Bank Company has a Capitalization of 10.96% versus the BestCashCow average of 11.51. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

The Ohio Valley Bank Company Balance Sheet Analysis

As of March 31, 2021, The Ohio Valley Bank Company had assets of $1,209,887,000, loans of $813,820,000, and deposits of $1,036,195,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 175.76 million
Interest-bearing balances $ 156.84 million
Total securities $ 137.53 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 813.82 million
Loan loss allowance $ 6.56 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 7.87 million
All other assets $ 53.20 million
     Total Assets $ 1,077.27 million
LIABILITIES
Total deposits $ 1,036.20 million
      Interest-bearing deposits $ 705.05 million
      Deposits held in domestic offices $ 1,036.20 million
      % insured (estimated) 69.45%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 24.33 million
Subordinated debt N.A.
All other liabilities $ 16.74 million
      Total Liabilities $ 1,077.27 million
      Shareholders’ Equity $ 132.62 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 10.63 million
Total Interest Expense $ 1.03 million
Net interest income $ 9.60 million
Provision for loan and lease losses N.A.
Total non interest income $ 2.59 million
Total non interest expense $ 8.75 million
Pre-tax Net Operating Income $ 3.49 million

Bank Loan Profile?

The top three loan types in The Ohio Valley Bank Company’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, The Ohio Valley Bank Company’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 37.75
Multifamily
Mortgages
6.71
Credit Card Loans 0.75
Consumer Auto Loans 5.82
Small Business Loans 6.64
Construction and Development Loans 4.63
Commercial Real Estate 18.86
Commercial and Industrial Loans 13.12
Farm Loans 0.17

Frequently Asked Questions About The Ohio Valley Bank Company

Branches and Savings

Is The Ohio Valley Bank Company FDIC insured?

Yes. It is covered under FDIC Certificate #384.

Why does The Ohio Valley Bank Company pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are The Ohio Valley Bank Company CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is The Ohio Valley Bank Company a commercial bank?

Yes

Where are The Ohio Valley Bank Company locations?

See branch locations nearby.

Is The Ohio Valley Bank Company open on Saturdays?

Is The Ohio Valley Bank Company open on Sundays?

What time does The Ohio Valley Bank Company open?

What time does The Ohio Valley Bank Company close?

Are The Ohio Valley Bank Company ATMs Open 24/7?

Do The Ohio Valley Bank Company ATMs accept cash deposits?

Can The Ohio Valley Bank Company customers use other ATMs?

Do The Ohio Valley Bank Company branches have notaries?

Will The Ohio Valley Bank Company notarize my document?

What address for The Ohio Valley Bank Company should I put for incoming ACH transfers?

Will the The Ohio Valley Bank Company branch print checks?

Do The Ohio Valley Bank Company checks expire?

Does The Ohio Valley Bank Company require US citizenship to open account?

Can The Ohio Valley Bank Company close my account?

Does The Ohio Valley Bank Company Report to credit bureaus?

Does The Ohio Valley Bank Company Use Equifax?

What is The Ohio Valley Bank Company's ACH Routing Number?

What is The Ohio Valley Bank Company's SWIFT code?

Products

Does The Ohio Valley Bank Company offer mortgages?

Compare mortgage rates here.

Does The Ohio Valley Bank Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Ohio Valley Bank Company offer personal loans?

Compare personal loan rates here.

Does The Ohio Valley Bank Company offer student loans?

Will The Ohio Valley Bank Company cash a check?

Will The Ohio Valley Bank Company redeem a savings bond?

Does The Ohio Valley Bank Company cash savings bonds?

Will The Ohio Valley Bank Company cash money orders?

Can The Ohio Valley Bank Company issue a money order?

Does The Ohio Valley Bank Company do currency exchange?

Background on The Bank

Who owns The Ohio Valley Bank Company?

How long has The Ohio Valley Bank Company been around?

Can The Ohio Valley Bank Company transfer to other banks?

Does The Ohio Valley Bank Company have quick pay?

Does The Ohio Valley Bank Company accept rolled coins?

Will The Ohio Valley Bank Company accept loose change?

Where is The Ohio Valley Bank Company headquarters?

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