Ohio Valley Banc Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net income of $1,604,000 on total interest income was $9,274,000 against net income of $1,361,000 on total interest income was $10,505,000 a year ago. Net interest income was $7,823,000 compared to $8,330,000 a year ago. Income before income taxes was $2,329,000 compared to $1,888,000 a year ago. Earnings per share were $0.40, up 17.6% from the prior year fourth quarter compared to $0.34 per share a year ago. Book value as at December 31, 2012 was $18.66 per share. Return on average equity was 8.45% compared to 7.61% a year ago. Return on average assets was 0.81% compared to 0.67% a year ago.

For the full year, the company reported net income of $7,052,000 on total interest income was $39,001,000 against net income of $5,835,000 on total interest income was $44,040,000 a year ago. Net interest income was $32,655,000 compared to $33,871,000 a year ago. Income before income taxes was $9,814,000 compared to $7,898,000 a year ago. Earnings per share were $1.75 for 2012 versus $1.46 for 2011, an increase of 19.9%. Return on average assets and return on average equity were 0.86% and 9.53%, respectively, for the year ended 2012, compared to 0.68% and 8.35%, respectively, for the same period in the prior year. Contributing to the lower net interest income was the decline in average earning assets.