Old Point Financial Corporation (OPOF) financial statements (2021 and earlier)

Company profile

Business Address 1 WEST MELLEN ST
HAMPTON, VA 23663
State of Incorp. VA
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments120862013223431
Cash and cash equivalents120862013223431
Total current assets:120862013223431
Noncurrent Assets
Operating lease, right-of-use asset10
Property, plant and equipment34353737394142
Intangible assets, net (including goodwill)2221   
Goodwill2221   
Intangible assets, net (excluding goodwill)000    
Amortization method qualified affordable housing project investments233404
Total noncurrent assets:39414241394542
Other undisclosed assets1,067928976927842818803
TOTAL ASSETS:1,2261,0541,038982903897876
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt71139781266
Total current liabilities:71139781266
Noncurrent Liabilities
Liabilities, other than long-term debt000103 
Qualified affordable housing project investments, commitment000103
Total noncurrent liabilities:000103 
Other undisclosed liabilities1,102933897806808775782
Total liabilities:1,109945936885809804788
Stockholders' equity
Stockholders' equity attributable to parent11711010296949388
Common stock26262625252525
Additional paid in capital21212117161616
Accumulated other comprehensive income (loss)4(0)(2)(1)(4)(3)(6)
Retained earnings66635855575553
Total stockholders' equity:11711010296949388
TOTAL LIABILITIES AND EQUITY:1,2261,0541,038982903897876

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues55545247434343
Net investment income4040383330 30
Other operating income   1010109
Financial services revenue1212 12
Cost of revenue(1)(0)(3)(4)(2)  
Provision for loan, lease, and other losses(1)(0)(3)
Financial services costs(4)(2)  
Gross profit:54544943414343
Operating expenses      (39)
Other operating income, net
(Noninterest Income, Other Operating Income)
   0100
Operating income:5454494342444
Nonoperating income (expense)11111(0)0
Investment income, nonoperating      0
Gains (losses) on sales of other real estate00(0)0(0)(1)(1)
Bank owned life insurance income1111111
Interest and debt expense(6)(6)(5)(3)(3)(4)(4)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(43)(39)(39)(41)(36)(36)3
Income (loss) from continuing operations before income taxes:695(0)444
Income tax expense (benefit)(1)(1)(0)0(0)(0)(0)
Net income (loss) available to common stockholders, diluted:585(0)444

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):585(0)444
Other comprehensive income (loss)42(1)4(1)35
Comprehensive income, net of tax, attributable to parent:101043369

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: