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Consolidated Statements of Income (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest and Dividend Income:        
Interest and fees on loans $ 6,122 $ 5,891 $ 12,115 $ 11,899
Interest on due from banks 0 19 3 33
Interest on federal funds sold 0 1 5 1
Interest on securities:        
Taxable 962 1,252 1,967 2,576
Tax-exempt 426 287 855 552
Dividends and interest on all other securities 26 26 57 44
Total interest and dividend income 7,536 7,476 15,002 15,105
Interest Expense:        
Interest on savings deposits 52 69 123 156
Interest on time deposits 595 796 1,244 1,650
Interest on federal funds purchased, securities sold under agreements to repurchase and other borrowings 8 7 17 19
Interest on Federal Home Loan Bank advances 307 305 609 607
Total interest expense 962 1,177 1,993 2,432
Net interest income 6,574 6,299 13,009 12,673
Provision for loan losses 100 300 350 500
Net interest income, after provision for loan losses 6,474 5,999 12,659 12,173
Noninterest Income:        
Income from fiduciary activities 793 866 1,748 1,766
Service charges on deposit accounts 1,056 1,036 2,030 2,033
Other service charges, commissions and fees 1,041 912 1,993 1,771
Income from bank-owned life insurance 217 217 433 432
Income from Old Point Mortgage 6 218 31 304
Available-for-sale Securities, Gross Realized Gain (Loss) (7) (21) (7) (21)
Other operating income 47 57 87 113
Total noninterest income 3,153 3,285 6,315 6,398
Noninterest Expense:        
Salaries and employee benefits 4,981 4,805 9,834 9,726
Occupancy and equipment 1,205 1,079 2,319 2,191
Data processing 433 413 856 835
FDIC insurance 183 174 367 357
Customer development 207 205 399 411
Legal and audit expense 153 124 277 235
Other outside service fees 152 113 271 209
Employee professional development 220 182 388 313
Postage and courier expense 118 87 216 177
Advertising 113 120 234 243
Stationery and supplies 118 96 237 216
Bad checks and other losses 127 124 251 247
Capital stock tax 127 105 261 192
Loss on write-down/sale of foreclosed assets (26) 78 57 204
Other operating expense 356 345 763 719
Total noninterest expense 8,467 8,050 16,730 16,275
Income before income taxes 1,160 1,234 2,244 2,296
Income tax expense 59 219 166 380
Net income $ 1,101 $ 1,015 $ 2,078 $ 1,916
Basic Earnings per Share:        
Average shares outstanding (in shares) 4,959,009.00 4,959,009.00 4,959,009.00 4,959,009.00
Net income per share of common stock (in dollars per share) $ 0.22 $ 0.21 $ 0.42 $ 0.39
Diluted Earnings per Share:        
Average shares outstanding (in shares) 4,959,009.00 4,959,009.00 4,959,009.00 4,959,009.00
Net income per share of common stock (in dollars per share) $ 0.22 $ 0.21 $ 0.42 $ 0.39