<SEC-DOCUMENT>0000894671-20-000008.txt : 20200310
<SEC-HEADER>0000894671-20-000008.hdr.sgml : 20200310
<ACCEPTANCE-DATETIME>20200310160330
ACCESSION NUMBER:		0000894671-20-000008
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200310
ITEM INFORMATION:		Regulation FD Disclosure
FILED AS OF DATE:		20200310
DATE AS OF CHANGE:		20200310

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OHIO VALLEY BANC CORP
		CENTRAL INDEX KEY:			0000894671
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				311359191
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20914
		FILM NUMBER:		20701513

	BUSINESS ADDRESS:	
		STREET 1:		420 THIRD AVE
		CITY:			GALLIPOLIS
		STATE:			OH
		ZIP:			45631
		BUSINESS PHONE:		7404462631

	MAIL ADDRESS:	
		STREET 1:		420 THIRD AVENUE
		STREET 2:		PO BOX 240
		CITY:			GALLIPOLIS
		STATE:			OH
		ZIP:			45631
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>sec8ksettlementagrmnt031020.htm
<DESCRIPTION>SETTLEMENT AGREEMENT BETWEEN OVB AND THIRD PARTY TAX SOFTWARE PRODUCT PROVIDER 03/10/20
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    <div style="text-align: center;">UNITED STATES</div>
    <div style="text-align: center;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center;">Washington, D.C.&#160; 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">FORM 8-K</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">CURRENT REPORT</div>
    <div style="text-align: center; font-weight: bold;">Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934</div>
    <div><br>
    </div>
    <div style="text-align: center;"><u>March 10, 2020</u></div>
    <div style="text-align: center;">Date of Report (Date of earliest event reported)</div>
    <div><br>
    </div>
    <div style="text-align: center;"><u>OHIO VALLEY BANC CORP.</u></div>
    <div style="text-align: center;">(Exact name of registrant as specified in its charter)</div>
    <div><br>
    </div>
    <div style="text-align: center;"><u>Ohio</u></div>
    <div style="text-align: center;">(State or other jurisdiction of incorporation)</div>
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            <div style="text-align: center;">0-20914</div>
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            <div style="text-align: center;">31-1359191</div>
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            <div style="text-align: center;">(Commission File Number)</div>
          </td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: center;">(IRS Employer Identification No.)</div>
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            <div style="text-align: center;">420 Third Avenue, Gallipolis, Ohio</div>
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            <div style="text-align: center;">45631</div>
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            <div style="text-align: center;">(Address of principal executive offices)</div>
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            <div style="text-align: center;">(Zip Code)</div>
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    <div style="text-align: center;">Registrant's telephone number, including area code:&#160; (740) 446-2631</div>
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    </div>
    <div style="text-align: center;"><u>Not Applicable</u></div>
    <div style="text-align: center;">(Former name or former address, if changed since last report.)</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</div>
    <div><br>
    </div>
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              <div style="text-align: center;">&#160;&#9744;</div>
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              <div><font style="font-family: 'Times New Roman',Times,serif;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></div>
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              <div>&#160;</div>
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              <div>&#160;</div>
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              <div>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
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              <div style="text-align: center;">&#160;<font style="font-size: 9pt;">&#9744;</font></div>
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              <div>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
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              <div style="text-align: center;">&#160;<font style="font-size: 9pt;">&#9744;</font></div>
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              <div>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
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    <div>Securities registered pursuant to Section 12(b) of the Act:</div>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Title of each class</div>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Trading Symbol</div>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Name of each exchange on which registered</div>
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            <div style="text-align: center;">Common shares, without par value</div>
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            <div style="text-align: center;">OVBC</div>
          </td>
          <td style="width: 39.63%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">The NASDAQ Stock Market LLC (The NASDAQ Global Market)</div>
          </td>
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    </div>
    <div>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this
      chapter).<font style="font-family: 'Times New Roman',Times,serif;">&#160; Emerging growth company</font>&#160; <font style="font-family: 'Times New Roman',Times,serif;">&#9633;</font></div>
    <div><br>
    </div>
    <div>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
      Act&#160; &#9633;</div>
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    <div><font style="font-size: 12pt; font-weight: bold;">Item 7.01</font>&#160; <font style="font-size: 12pt; font-weight: bold;">Regulation FD Disclosure.</font></div>
    <div><br>
    </div>
    <div style="text-align: justify;"><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt;" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt; font-family: 'Times New Roman',Times,serif;">The Ohio Valley Bank Company
        (the &#8220;Bank&#8221;), a wholly-owned subsidiary of Ohio Valley Banc Corp., announced it has entered into a settlement agreement relating to the previously disclosed litigation the Bank had filed against a third-party tax software product provider.&#160; The
        Bank filed the litigation as a result of the third party&#8217;s early termination of its tax processing contract with the Bank at the end of 2018.&#160; Under the settlement agreement, the third-party has agreed to make a $2 million payment to the Bank
        during the first quarter 2020.&#160; In addition, the Bank has entered into a new agreement with the third-party to process future electronic refund checks and deposits presented for payment on behalf of taxpayers through accounts containing taxpayer
        refunds.&#160; The new agreement provides that the Bank will process refunds for five tax seasons, beginning with the 2021 tax season and going through the 2025 tax season.&#160; The settlement agreement is subject to the court&#8217;s entering a dismissal of the
        litigation.</font></div>
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>SIGNATURES</u></div>
    <div><br>
    </div>
    <div><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused
        this report to be signed on its behalf by the undersigned thereunto duly authorized.</font></div>
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    <div><font style="font-size: 12pt;"> <br>
      </font></div>
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    <div><font style="font-size: 12pt;"> </font>
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              <div>&#160;</div>
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              <div>&#160;</div>
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            <td style="width: 33.33%;">
              <div><font style="font-size: 12pt;">OHIO VALLEY BANC CORP.</font></div>
            </td>
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              <div>&#160;</div>
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            <td style="width: 33.33%; padding-bottom: 2px;">Date: March 10, 2020<br>
            </td>
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              <div style="text-align: right;">By: <font style="font-size: 12pt; font-family: 'Times New Roman',Times,serif;"><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt;">By<br>
                  </font></font></div>
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              <div>/s/Thomas E.Wiseman <br>
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            <td rowspan="1" style="width: 33.33%;">&#160;</td>
            <td rowspan="1" style="width: 33.33%; text-align: left;">Thomas E. Wiseman <br>
            </td>
          </tr>
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            <td rowspan="1" style="width: 33.33%;">&#160;</td>
            <td rowspan="1" style="width: 33.33%;">&#160;</td>
            <td rowspan="1" style="width: 33.33%;">Chief Executive Officer <br>
            </td>
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    <div><font style="font-size: 12pt;"> <br>
      </font></div>
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