XML 33 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and noninterest-bearing deposits with banks $ 11,498ovbc_CashAndNoninterestBearingDepositsWithBanks $ 9,315ovbc_CashAndNoninterestBearingDepositsWithBanks
Interest-bearing deposits with banks 104,318ovbc_InterestBearingDepositsWithBanks 21,662ovbc_InterestBearingDepositsWithBanks
Total cash and cash equivalents 115,816us-gaap_CashAndCashEquivalentsAtCarryingValue 30,977us-gaap_CashAndCashEquivalentsAtCarryingValue
Certificates of deposit in financial institutions 980us-gaap_CertificatesOfDepositAtCarryingValue 980us-gaap_CertificatesOfDepositAtCarryingValue
Securities available for sale 89,974us-gaap_AvailableForSaleSecurities 85,236us-gaap_AvailableForSaleSecurities
Securities held to maturity (estimated fair value: 2015 - $23,590; 2014 - $23,570) 22,729us-gaap_HeldToMaturitySecurities 22,820us-gaap_HeldToMaturitySecurities
Federal Home Loan Bank and Federal Reserve Bank stock 6,576us-gaap_FederalHomeLoanBankStock 6,576us-gaap_FederalHomeLoanBankStock
Total loans 594,517us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome 594,768us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
Less: Allowance for loan losses (8,320)us-gaap_LoansAndLeasesReceivableAllowance (8,334)us-gaap_LoansAndLeasesReceivableAllowance
Net loans 586,197us-gaap_LoansAndLeasesReceivableNetReportedAmount 586,434us-gaap_LoansAndLeasesReceivableNetReportedAmount
Premises and equipment, net 9,318us-gaap_PropertyPlantAndEquipmentNet 9,195us-gaap_PropertyPlantAndEquipmentNet
Other real estate owned 1,501us-gaap_OtherRealEstateAndForeclosedAssets 1,525us-gaap_OtherRealEstateAndForeclosedAssets
Accrued interest receivable 1,897us-gaap_AccruedInvestmentIncomeReceivable 1,806us-gaap_AccruedInvestmentIncomeReceivable
Goodwill 1,267us-gaap_Goodwill 1,267us-gaap_Goodwill
Bank owned life insurance and annuity assets 25,788us-gaap_BankOwnedLifeInsurance 25,612us-gaap_BankOwnedLifeInsurance
Other assets 5,942us-gaap_OtherAssets 6,240us-gaap_OtherAssets
Total assets 867,985us-gaap_Assets 778,668us-gaap_Assets
LIABILITIES    
Noninterest-bearing deposits 221,974us-gaap_NoninterestBearingDepositLiabilities 161,794us-gaap_NoninterestBearingDepositLiabilities
Interest-bearing deposits 502,434us-gaap_InterestBearingDepositLiabilities 485,036us-gaap_InterestBearingDepositLiabilities
Total deposits 724,408us-gaap_Deposits 646,830us-gaap_Deposits
Other borrowed funds 24,648us-gaap_OtherBorrowings 24,972us-gaap_OtherBorrowings
Subordinated debentures 8,500us-gaap_SubordinatedDebt 8,500us-gaap_SubordinatedDebt
Accrued liabilities 21,153us-gaap_AccruedLiabilitiesCurrentAndNoncurrent 12,150us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
Total liabilities 778,709us-gaap_Liabilities 692,452us-gaap_Liabilities
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 5)      
SHAREHOLDERS’ EQUITY    
Common stock ($1.00 stated value per share, 10,000,000 shares authorized; 4,777,414 shares issued) 4,777us-gaap_CommonStockValue 4,777us-gaap_CommonStockValue
Additional paid-in capital 35,318us-gaap_AdditionalPaidInCapitalCommonStock 35,318us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 63,632us-gaap_RetainedEarningsAccumulatedDeficit 60,873us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income 1,261us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 960us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost (659,739 shares) (15,712)us-gaap_TreasuryStockValue (15,712)us-gaap_TreasuryStockValue
Total shareholders’ equity 89,276us-gaap_StockholdersEquity 86,216us-gaap_StockholdersEquity
Total liabilities and shareholders’ equity $ 867,985us-gaap_LiabilitiesAndStockholdersEquity $ 778,668us-gaap_LiabilitiesAndStockholdersEquity