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Share this article Share this article GALLIPOLIS, Ohio, April 30, 2021 /PRNewswire/  Ohio Valley Banc Corp. [Nasdaq: OVBC] (the Company ) reported consolidated net income for the quarter ended March 31, 2021, of $3,531,000, an increase of $2,529,000 from the same period the prior year. Earnings per share for the first quarter of 2021 was $.74, compared to $.21 for the first quarter of 2020. Return on average assets and return on average equity were 1.20% and 10.47%, respectively, for the first quarter of 2021, versus .40% and 3.14%, respectively, for the same period the prior year. A fantastic quarter as our communities begin to emerge from the pandemic and move into 2021. However, our management team remains vigilant as interest rates continue at an extreme low and the boon seen from government pandemic recovery programs wane, said Chairman and CEO Tom Wiseman. Wiseman also noted an encouraging increase in income from mortgage banking and interchange fees for the quarter.

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