PVS-Studio warning V517 for FFMpeg

static int imc_decode_block(....)
{
  ....
  if (stream_format_code & 0x1)
    imc_decode_level_coefficients_raw(....);
  else if (stream_format_code & 0x1)
    imc_read_level_coeffs_raw(....);
  ....
}

This suspicious code was found in FFMpeg project by PVS-Studio static code analyzer.
Warning message is:
V517 The use of 'if (A) {...} else if (A) {...}' pattern was detected. There is a probability of logical error presence. Check lines: 881, 884. imc.c 881

PVS-Studio is a static analyzer for detecting bugs in the source code of applications written in C, C++, C++11, C++/CX. Site: http://www.viva64.com/en/pvs-studio/