| Ticker |
OPOF
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| CIK | 0000740971 |
| SIC | 6021 |
| Sector | Finance, Insurance, And Real Estate |
| Industry Category | Banking |
| Industry Group | National Commercial Banks |
| Address | 1 WEST MELLEN ST, HAMPTON, VA, 23663 |
| Website | oldpoint.com |
| Phone | 757-728-1876 |
| CEO | Robert F. Shuford |
| Employees | 280 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Merger between TowneBank and Old Point National Bank is a done dealThe merger between two of Hampton Roads’ major community banks is now complete. Suffolk-based TowneBank and Hampton-based Old Point National Bank concluded the $203 million deal on Sept. 1. Old Point Financial Corp., the parent company of The Old Point National Bank of Phoebus and Old Point Trust & Financial Services, is now part of TowneBank. Old Point National Bank will operate as a division ... TowneBank Announces Completion of Old Point Financial Corporation MergerSUFFOLK, Va., Sept. 02, 2025 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) announced today the completion of its merger with Old Point Financial Corporation (“Old Point”), the parent company of The Old Point National Bank of Phoebus (“Old Point National Bank”) and Old Point Trust & Financial Services, N.A. (“Old Point Wealth Management”). The merger, which included Old Point National Bank’s merger into TowneBank, enhances TowneBank’s position in the Hampton Roads MSA with the addition of a high-q KBRA Comments on TowneBank's Merger Agreement to Acquire Dogwood State BankNEW YORK, August 20, 2025--On August 19, 2025, Portsmouth, VA-based TowneBank (NASDAQ: TOWN)(KBRA Senior Unsecured Debt rating: A-/Stable Outlook) announced a definitive acquisition agreement with Raleigh, NC-based Dogwood State Bank, (OTC: DSBX, "Dogwood", $2.4 billion assets, $2 billion deposits) in an all-stock deal valued at $476.2 million (or $25.04/share of DSBX common stock, based on TOWN’s 15-day average closing stock price of $35.77 on August 18, 2025), reflective of a price to TBV of 2 TowneBank Expands Carolinas Presence Through Agreement to Acquire Dogwood State BankSUFFOLK, Va. and RALEIGH, N.C., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Raleigh based Dogwood State Bank (OTCQX: DSBX) (“Dogwood”), today announced the signing of a definitive merger agreement pursuant to which TowneBank will acquire Dogwood State Bank. The proposed transaction substantially enhances TowneBank’s strategic journey down the fast-growing Interstate 85 corridor from Richmond, Virginia to Greenville and the upstate region of South Carolina. Virginia’s TowneBank to buy NC’s Dogwood in $476.2M dealThe move would add 17 branches – many along the I-85 corridor in the Carolinas. TowneBank is set to close a separate acquisition of Old Point Financial on Sept. 1. |
