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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments86201322343112
Cash and cash equivalents86201322343112
Total current assets:86201322343112
Noncurrent Assets
Operating lease, right-of-use asset0
Property, plant and equipment35373739414241
Intangible assets, net (including goodwill)221   
Goodwill221    
Intangible assets, net (excluding goodwill)00     
Amortization method qualified affordable housing project investments33404
Total noncurrent assets:41424139454241
Other undisclosed assets928976927842818803812
TOTAL ASSETS:1,0541,038982903897876864
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt11397812661
Total current liabilities:11397812661
Noncurrent Liabilities
Liabilities, other than long-term debt00103  
Qualified affordable housing project investments, commitment00103
Total noncurrent liabilities:00103  
Other undisclosed liabilities933897806808775782783
Total liabilities:945936885809804788784
Stockholders' equity
Stockholders' equity attributable to parent1101029694938881
Common stock26262525252525
Additional paid in capital21211716161616
Accumulated other comprehensive loss(0)(2)(1)(4)(3)(6)(11)
Retained earnings63585557555350
Total stockholders' equity:1101029694938881
TOTAL LIABILITIES AND EQUITY:1,0541,038982903897876864

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues54524743434343
Net investment income40383330 30 
Other operating income  10101099
Financial services revenue1212 12 
Cost of revenue(0)(3)(4)(2)  (1)
Provision for loan, lease, and other losses(0)(3)
Financial services costs(4)(2)  (1)
Gross profit:54494341434341
Operating expenses     (39)(39)
Other operating income, net
(Noninterest Income, Other Operating Income)
  01000
Operating income:544943424442
Nonoperating income (expense)1111(0)0(0)
Investment income, nonoperating     0 
Gains (losses) on sales of other real estate0(0)0(0)(1)(1)(1)
Bank owned life insurance income1111111
Interest and debt expense(6)(5)(3)(3)(4)(4)(5)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(39)(39)(41)(36)(36)36
Income (loss) from continuing operations before income taxes:95(0)4444
Income tax expense (benefit)(1)(0)0(0)(0)(0)(0)
Net income (loss) available to common stockholders, diluted:85(0)4443

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):85(0)4443
Other comprehensive income (loss)2(1)4(1)35(11)
Comprehensive income (loss), net of tax, attributable to parent:1043369(7)

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.

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