HAMPTON, Va. (AP) _ Old Point Financial Corp. (OPOF) on Thursday reported fourth-quarter net income of $2 million.
The Hampton, Virginia-based bank said it had earnings of 38 cents per share.
The bank holding company posted revenue of $13.4 million in the period. Its revenue net of interest expense was $11.7 million, surpassing Street forecasts.
For the year, the company reported profit of $7.9 million, or $1.51 per share. Revenue was reported as $47.9 million.
Old Point Financial shares have climbed nearly 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $27.70, a climb of 18% in the last 12 months.