diff --git a/input/input_overlay.c b/input/input_overlay.c
index 2eb0f781f8..1bbff82026 100644
--- a/input/input_overlay.c
+++ b/input/input_overlay.c
@@ -362,10 +362,9 @@ static bool input_overlay_load_overlay_image(input_overlay_t *ol,
       }
 
       overlay->image = img;
+      return true;
    }
 
-   return true;
-
 error:
    if (conf)
       config_file_free(conf);
@@ -610,11 +609,10 @@ bool input_overlay_load_overlays_iterate(input_overlay_t *ol)
    switch (ol->loading_status)
    {
       case OVERLAY_IMAGE_TRANSFER_NONE:
-         if (input_overlay_load_overlay_image(ol,
+         if (!input_overlay_load_overlay_image(ol,
                   ol->overlay_path, &ol->overlays[ol->pos], ol->pos))
-         {
-            ol->loading_status = OVERLAY_IMAGE_TRANSFER_BUSY;
-         }
+            ol->loading_status = OVERLAY_IMAGE_TRANSFER_DONE;
+         ol->loading_status = OVERLAY_IMAGE_TRANSFER_BUSY;
          break;
       case OVERLAY_IMAGE_TRANSFER_BUSY:
          ol->loading_status = OVERLAY_IMAGE_TRANSFER_DONE;