GALLIPOLIS, Ohio, Jan. 25, 2012 /PRNewswire/ -- On January 24, 2012, Ohio Valley Banc Corp. (Nasdaq: OVBC) Board of Directors declared a cash dividend of $0.21 per common share payable on February 10, 2012 to shareholders of record on February 3, 2012. This amount represents no decrease over the $0.21 per common share dividend paid during the previous period.
"In the challenging economic environment that still faces our nation, we are pleased to declare the ninth consecutive quarter of same per share dividends as evidence of the continued commitment from our 250 employees to excel as an independent community bank," said Jeffrey E. Smith, Chairman and Chief Executive Officer.
Ohio Valley Banc Corp. owns two subsidiaries: Ohio Valley Bank and Loan Central. Ohio Valley Bank is a state-chartered, FDIC-insured bank operating 15 offices in Ohio and West Virginia. Loan Central is a finance company with seven offices, including its newest location in Chillicothe, Ohio. Ohio Valley Banc Corp. stock is traded on The NASDAQ Global Market under the symbol OVBC. The company's Web site is www.ovbc.com.Contact: Scott Shockey or Bryna Butler, (740) 446-2631, 1-800-468-6682 SOURCE Ohio Valley Banc Corp.