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Tuesday, July 14, 2009, 9:39PM ET - U.S. Markets Closed. Dow Up 0.33% Nasdaq Up 0.36%
Old Point Financial Corporation (OPOF)At 4:00PM ET: 16.73  Up 0.04 (0.24%)  
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Old Point Financial Corporation
1 West Mellen Street
Hampton, VA 23663
United States - Map
Phone: 757-728-1200
Fax: 757-873-9365
Web Site: http://www.oldpoint.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:310

BUSINESS SUMMARY 
Old Point Financial Corporation operates as the holding company for The Old Point National Bank of Phoebus, which provides consumer, mortgage, and business banking services to individual and business customers. It accepts various deposit products, including checking accounts, demand deposits, savings deposits, time deposits, interest-bearing transaction accounts, and money market deposit accounts. The company also provides commercial loans, real estate construction and mortgage loans, tax-exempt loans, consumer loans, and installment loans, as well as cash management services. In addition, Old Point Financial Corporation, through its trust subsidiary, Old Point Trust and Financial Services, N.A., offers wealth management services, including retirement planning, estate planning, financial planning, trust accounts, tax services, and investment management services for individuals and businesses. As of March 31, 2008, it had 20 branch offices serving the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County, and Isle of Wight County. The company was founded in 1922 and is headquartered in Hampton, Virginia.
Key Statistics

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    CORPORATE GOVERNANCE 
    Old Point Financial Corporation's Corporate Governance Quotient (CGQ®) as of 1-Jul-09 is better than 29% of CGQ Universe companies and 14.1% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Robert F. Shuford Sr., 71
    Exec. Chairman, Chief Exec. Officer, Pres, Chairman of Exec. Committee, Chairman of Old Point National Bank of Phoebus of Trust company
    N/A N/A
    Ms. Laurie D. Grabow , 51
    Chief Financial Officer, Principal Accounting Officer, Sr. VP of Fin., Chief Financial Officer of The Old Point National Bank of Phoebus, Exec. VP of The Old Point National Bank of Phoebus and Sr. VP of The Old Point National Bank of Phoebus
    N/A N/A
    Mr. Louis G. Morris , 54
    Exec. VP, Sec., Director, Member of Exec. Committee, Chief Exec. Officer of Old Point National Bank of Phoebus, Pres of Old Point National Bank of Phoebus of Old Point National Bank of Phoebus
    N/A N/A
    Ms. Margaret P. Causby , 58
    Sr. VP of Risk Management, Chief Admin. Officer of Old Point National Bank of Phoebus and Exec. VP of Risk Management of Old Point National Bank of Phoebus
    $ 163.00K $ 65.00K
    Mr. Joseph R. Witt , 48
    Sr. VP of Corp. Banking, Treasurer, Director and Exec. VP of Corp. Banking of Old Point National Bank
    $ 21.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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