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Note Q - Parent Company Only Condensed Financial Information | 12 Months Ended
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Dec. 31, 2016
Notes to Financial Statements |
Condensed Financial Information of Parent Company Only Disclosure [Text Block] | Note Q - Parent Company Only Condensed Financial Information Below is condensed financial information of Ohio Valley. In this information, Ohio Valley’s investment in its subsidiaries is stated at cost plus equity in undistributed earnings of the subsidiaries since acquisition. This information should be read in conjunction with the consolidated financial statements of the Company. CONDENSED STATEMENTS OF CONDITION
|  | Years ended December 31: |
Assets |  | 2016 |  |  | 2015 |
Cash and cash equivalents |  | $ | 2,747 |  |  | $ | 2,233 |
Investment in subsidiaries |  |  | 115,057 |  |  |  | 96,759 |
Notes receivable – subsidiaries |  |  | 3,420 |  |  |  | 3,881 |
Other assets |  |  | 52 |  |  |  | 63 |
Total assets |  | $ | 121,276 |  |  | $ | 102,936 |
Liabilities |  |  |  |  |  |  |  |
Notes payable |  | $ | 7,882 |  |  | $ | 3,918 |
Subordinated debentures |  |  | 8,500 |  |  |  | 8,500 |
Other liabilities |  |  | 366 |  |  |  | 48 |
Total liabilities |  |  | 16,748 |  |  |  | 12,466 |
Shareholders’ Equity |  |  |  |  |  |  |  |
Total shareholders’ equity |  |  | 104,528 |  |  |  | 90,470 |
Total liabilities and shareholders’ equity |  | $ | 121,276 |  |  | $ | 102,936 |
CONDENSED STATEMENTS OF INCOME
|  | Years ended December 31: |
Income: |  | 2016 |  |  | 2015 |  |  | 2014 |
Interest on notes |  | $ | 52 |  |  | $ | 53 |  |  | $ | 84 |
Other operating income |  |  | ---- |  |  |  | ---- |  |  |  | 34 |
Dividends from subsidiaries |  |  | 6,900 |  |  |  | 3,500 |  |  |  | 3,500 |
Gain on sale of ProAlliance Corporation |  |  | ---- |  |  |  | ---- |  |  |  | 810 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Interest on notes |  |  | 136 |  |  |  | 53 |  |  |  | 84 |
Interest on subordinated debentures |  |  | 204 |  |  |  | 170 |  |  |  | 165 |
Operating expenses |  |  | 667 |  |  |  | 345 |  |  |  | 384 |
Income before income taxes and equity in undistributed earnings of subsidiaries.. |  |  | 5,945 |  |  |  | 2,985 |  |  |  | 3,795 |
Income tax benefit |  |  | 256 |  |  |  | 167 |  |  |  | (108 | )
Equity in undistributed earnings of subsidiaries |  |  | 719 |  |  |  | 5,422 |  |  |  | 4,386 |
Net Income |  | $ | 6,920 |  |  | $ | 8,574 |  |  | $ | 8,073 |
CONDENSED STATEMENTS OF CASH FLOWS
|  | Years ended December 31: |
Cash flows from operating activities: |  | 2016 |  |  | 2015 |  |  | 2014 |
Net Income |  | $ | 6,920 |  |  | $ | 8,574 |  |  | $ | 8,073 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Gain on sale of ProAlliance Corporation |  |  | ---- |  |  |  | ---- |  |  |  | (810 | )
Equity in undistributed earnings of subsidiaries |  |  | (719 | ) |  |  | (5,422 | ) |  |  | (4,386 | )
Common stock issued to ESOP |  |  | 575 |  |  |  | ---- |  |  |  | 351 |
Change in other assets |  |  | 11 |  |  |  | (16 | ) |  |  | 323 |
Change in other liabilities |  |  | 318 |  |  |  | (141 | ) |  |  | (334 | )
Net cash provided by operating activities |  |  | 7,105 |  |  |  | 2,995 |  |  |  | 3,217 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |
Cash paid for Milton Bancorp, Inc. acquisition |  |  | (7,431 | ) |  |  | ---- |  |  |  | ---- |
Proceeds from sale of ProAlliance Corporation |  |  | ---- |  |  |  | ---- |  |  |  | 810 |
Investment in OVBC Captive |  |  | ---- |  |  |  | ---- |  |  |  | (250 | )
Change in notes receivable |  |  | 461 |  |  |  | (100 | ) |  |  | (262 | )
Net cash provided by (used in) investing activities |  |  | (6,970 | ) |  |  | (100 | ) |  |  | 298 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Change in notes payable |  |  | 3,964 |  |  |  | 128 |  |  |  | 262 |
Proceeds from common stock through dividend reinvestment |  |  | ---- |  |  |  | ---- |  |  |  | 103 |
Cash dividends paid |  |  | (3,585 | ) |  |  | (3,665 | ) |  |  | (3,441 | )
Net cash provided by (used in) financing activities |  |  | 379 |  |  |  | (3,537 | ) |  |  | (3,076 | )
Cash and cash equivalents: |  |  |  |  |  |  |  |  |  |  |  |
Change in cash and cash equivalents |  |  | 514 |  |  |  | (642 | ) |  |  | 439 |
Cash and cash equivalents at beginning of year |  |  | 2,233 |  |  |  | 2,875 |  |  |  | 2,436 |
Cash and cash equivalents at end of year |  | $ | 2,747 |  |  | $ | 2,233 |  |  | $ | 2,875 |

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