$OPOF
OLD POINT FINANCIAL CORP

2022 Q3 Form 10-Q Financial Statement

#000114036122029575 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $15.73M $14.59M $13.99M
YoY Change 9.1% 8.87% -7.46%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $537.0K $499.0K $514.0K
YoY Change 5.29% -2.16% -4.46%
% of Gross Profit
Operating Expenses $12.76M $12.42M $11.65M
YoY Change 4.39% 10.06% 1.01%
Operating Profit
YoY Change
Interest Expense $797.0K $764.0K $833.0K
YoY Change -15.12% 1.46% 1.34%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.969M $2.161M $2.338M
YoY Change 35.32% 2.47% -34.73%
Income Tax $427.0K $269.0K $307.0K
% Of Pretax Income 14.38% 12.45% 13.13%
Net Earnings $2.542M $1.892M $2.031M
YoY Change 33.23% 2.71% -32.57%
Net Earnings / Revenue 16.16% 12.97% 14.52%
Basic Earnings Per Share $0.51 $0.37 $0.39
Diluted Earnings Per Share $506.8K $0.37 $0.39
COMMON SHARES
Basic Shares Outstanding 5.014M 5.087M 5.186M
Diluted Shares Outstanding 5.016M 5.087M 5.186M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $54.54M $86.82M $158.3M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $31.21M $31.38M $32.41M
YoY Change -6.56% -6.62% 0.33%
Goodwill $1.650M $1.650M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.216M $1.216M $1.216M
YoY Change 35.11% 35.11% 35.11%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.317B $1.315B $1.325B
YoY Change 0.41% 3.14% 5.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $7.700M $6.884M $5.429M
YoY Change 42.59% 29.89% -50.65%
Deferred Revenue
YoY Change
Short-Term Debt $3.981M $4.384M $3.528M
YoY Change -11.45% -64.18% -43.13%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.700M $6.884M $5.429M
YoY Change 42.59% 29.89% -50.65%
LONG-TERM LIABILITIES
Long-Term Debt $29.51M $29.47M $29.44M
YoY Change 0.36%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $29.51M $29.47M $29.44M
YoY Change 0.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.700M $6.884M $5.429M
Total Long-Term Liabilities $29.51M $29.47M $29.44M
Total Liabilities $1.223B $1.214B $1.217B
YoY Change 2.74% 5.09% 6.81%
SHAREHOLDERS EQUITY
Retained Earnings $76.16M $74.27M
YoY Change
Common Stock $41.20M $42.73M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $93.51M $101.2M $108.1M
YoY Change
Total Liabilities & Shareholders Equity $1.317B $1.315B $1.325B
YoY Change 0.41% 3.14% 5.39%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $2.542M $1.892M $2.031M
YoY Change 33.23% 2.71% -32.57%
Depreciation, Depletion And Amortization $537.0K $499.0K $514.0K
YoY Change 5.29% -2.16% -4.46%
Cash From Operating Activities $3.759M $5.493M $4.532M
YoY Change 121.12% 219.36% -68.07%
INVESTING ACTIVITIES
Capital Expenditures $368.0K $404.0K $197.0K
YoY Change -0.54% -36.28% 56.35%
Acquisitions
YoY Change
Other Investing Activities -$42.27M -$68.99M -$30.57M
YoY Change 445.43% 59.69% -265.23%
Cash From Investing Activities -$42.64M -$69.39M -$30.77M
YoY Change 425.11% 58.31% -267.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.607M -7.591M -3.386M
YoY Change -81.24% -137.56% -113.88%
NET CHANGE
Cash From Operating Activities 3.759M 5.493M 4.532M
Cash From Investing Activities -42.64M -69.39M -30.77M
Cash From Financing Activities 6.607M -7.591M -3.386M
Net Change In Cash -32.27M -71.49M -29.62M
YoY Change -212.06% 226.42% -151.99%
FREE CASH FLOW
Cash From Operating Activities $3.759M $5.493M $4.532M
Capital Expenditures $368.0K $404.0K $197.0K
Free Cash Flow $3.391M $5.089M $4.335M
YoY Change 154.96% 368.6% -69.18%

Facts In Submission

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