UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant To Section 13 or 15(d) of The Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): February 9, 2007

                             OHIO VALLEY BANC CORP.
                           -------------------------
             (Exact name of registrant as specified in its charter)

                                      Ohio
                                     ------
                 (State or other jurisdiction of incorporation)

                   0-20914                       31-1359191
                  ---------                     ------------
          (Commission File Number)  (IRS Employer Identification No.)

                    420 Third Avenue, Gallipolis, Ohio 45631
                   ------------------------------------------
               (Address of principal executive offices) (Zip code)

       Registrant's telephone number, including area code: (740) 446-2631

                                 Not Applicable
                                ----------------
         (Former name or former address, if changed since last report.)


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:

[   ] Written communications  pursuant  to Rule 425 under the Securities Act (17
      CFR 230.425)

[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))




Item 8.01 -  Other Events
-------------------------

On January 23, 2007, the Board of  Directors  of Ohio  Valley  Banc  Corp., (the
"Company"),  authorized  the repurchase of up to 175,000 shares of the Company's
common  stock  through  open  market and  privately  negotiated  purchases.  All
purchases will be made by the Company between February 16, 2007 and February 15,
2008, unless the Company's Board of Directors extends the program. The timing of
the purchases, the prices paid and actual number of shares purchased will depend
upon market conditions and limitations  imposed by applicable federal securities
laws.

A press release  was issued  on February 9, 2007 announcing  the details  of the
stock repurchase program.  A copy  of the press release  is included  with  this
Form 8-K as Exhibit 99.1 and is incorporated herein by reference.




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                                   SIGNATURES

     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.

                                              OHIO VALLEY BANC CORP.


Date: February 9, 2007                 By: /s/ Jeffrey E. Smith
                                           -------------------------------
                                           Jeffrey E. Smith, President and
                                           Chief Executive Officer









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                                  EXHIBIT INDEX


Exhibit Number                      Description
--------------                      -----------
    99.1                            Press  release  issued by  Ohio  Valley Banc
                                    Corp. on February 9, 2007.









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