Ohio Valley Banc (OVBC) investor relations material

Executive summary

• Net income for Q2 2026 was $2.93M, down 30.5% year-over-year; EPS was $0.62 versus $0.89 last year.

• Six-month net income totaled $7.22M, a 16.2% decrease year-over-year; EPS was $1.53 versus $1.83.

• Performance driven by growth in net interest income and stable net interest margin, offset by higher provision for credit losses on select large commercial credits.

Financial highlights

• Net interest income rose by $863K for Q2 and $2.61M for the first half, driven by higher average earning assets and loan growth.

• Noninterest income increased $338K in Q2, aided by a $377K gain from a Visa stock exchange and higher card interchange income.

• Noninterest expense increased $196K in Q2 and $679K for the first half, mainly due to higher salaries, benefits, and software investments.

• Total assets reached $1.66B at June 30, 2026, up $79M from year-end 2025, primarily from loan and deposit growth.

Outlook and guidance

• Management remains confident in the balance sheet and long-term outlook, viewing elevated credit risk as isolated to specific relationships.