Old Point Financial Corporation announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company announced net interest income of $8,602,000 compared to $7,665,000 for the same period a year ago. Net income was $1,388,000 or $0.27 per basic share compared to net loss of $2,889,000 or $0.58 per basic share for the same period a year ago. Net operating earnings were $1,400,000 compared to $781,000 a year ago.

For the full year, the company announced net interest income of $33,288,000 compared to $29,922,000 for the same period a year ago. Net income was $4,919,000 or $0.96 per basic share compared to net loss of $29,000 or $0.01 per basic share for the same period a year ago. Net operating earnings were $5,662,000 compared to $3,278,000 a year ago.

Loans charged off during the quarter, net of recoveries during the fourth quarter totaled $1,132,000, compared to $738,000 a year ago.