For the quarter ending 2025-06-30, OPOF made $39,834K in revenue. $1,242K in net income. Net profit margin of 3.12%.
| Income Statement | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Noninterest revenue-Deposit Account | 767 | - | - | - |
| Noninterest revenue-Service Other | 153 | - | - | - |
| Noninterest revenue-Financial Service Other | 1,017 | - | - | - |
| Noninterest revenue | - | 3,169 | 3,128 | 3,054 |
| Noninterest revenue-Fiduciary And Trust | 1,273 | - | - | - |
| Loss on sale of available-for-sale securities, net | 0 | -176 | - | - |
| Gain on redemption and retirement of subordinated notes | 0 | 656 | - | - |
| Loss on sale of repossessed assets | -252 | -84 | -21 | -25 |
| Mortgage banking income (loss) | - | - | - | -2 |
| Mortgage banking income | - | - | 5 | - |
| Bank-owned life insurance income | 291 | 282 | 270 | 285 |
| Total noninterest income | 3,249 | 3,847 | 3,233 | 3,472 |
| Occupancy and equipment | 1,094 | 1,181 | 1,106 | 1,242 |
| Data processing | 1,416 | 1,333 | 1,239 | 1,304 |
| Customer development | 134 | 134 | 92 | 113 |
| Other taxes | 290 | 284 | 265 | 268 |
| Professional services | 644 | 674 | 580 | 966 |
| Other operating expenses | 1,081 | 1,054 | 638 | 928 |
| Salaries and employee benefits | 7,499 | 7,343 | 7,736 | 7,382 |
| Fdic assessment expense | - | - | 220 | - |
| Merger-related costs | 976 | 261 | - | - |
| Employee professional development | 230 | 183 | 210 | 191 |
| Atm and other losses | - | - | 60 | - |
| Total noninterest expense | 13,364 | 12,447 | 12,396 | 12,394 |
| Time deposits | 1,565 | 1,801 | 2,286 | 2,554 |
| Checking and savings deposits | 3,123 | 2,791 | 2,813 | 2,940 |
| Long-term borrowings | 263 | 264 | 295 | 296 |
| Federal home loan bank advances | 405 | 401 | 594 | 420 |
| Federal funds purchased, securities sold under agreements to repurchase and other borrowings | 39 | 38 | 1 | - |
| Total interest expense | 5,395 | 5,295 | 5,989 | 6,210 |
| Dividends and interest on all other securities | 57 | 60 | 83 | 64 |
| Taxable | 1,984 | 1,975 | 1,890 | 1,732 |
| Tax-exempt | 138 | 137 | 139 | 138 |
| Federal funds sold | 12 | 8 | 9 | 11 |
| Interest-bearing deposits in other banks | 1,044 | 1,136 | 1,286 | 1,842 |
| Loans, including fees | 14,339 | 13,987 | 14,479 | 14,733 |
| Total interest and dividend income | 17,574 | 17,303 | 17,885 | 18,520 |
| Net interest income | 12,179 | 12,008 | 11,896 | 12,310 |
| Provision for credit losses | 468 | 717 | 85 | 282 |
| Net interest income after provision for credit losses | 11,711 | 11,291 | 11,811 | 12,028 |
| Income before income taxes | 1,596 | 2,691 | 2,649 | 3,106 |
| Income tax expense | 354 | 533 | 350 | 724 |
| Net income | 1,242 | 2,158 | 2,299 | 2,382 |
| Net income per share of common stock (in dollars per share) | 0.24 | 0.42 | 0.455 | 0.47 |
| Net income per share of common stock (in dollars per share) | 0.24 | 0.42 | 0.455 | 0.47 |
| Weighted average shares outstanding (in shares) | 5,103,320 | 5,086,759 | -2,538,233.5 | 5,076,957 |
| Weighted average shares outstanding (in shares) | 5,103,320 | 5,086,759 | -2,538,279 | 5,076,957 |
OLD POINT FINANCIAL CORP (OPOF)
OLD POINT FINANCIAL CORP (OPOF)