Old Point Financial Corporation announced unaudited consolidated earnings results for the year ended December 31, 2012. For the year, the company announced total interest and dividend income of $32,580,000 compared to $36,251,000 for the same period a year ago. Net interest income was $26,806,000 compared to $29,536,000 for the same period a year ago.

Income before income taxes was $5,182,000 compared to $4,353,000 for the same period a year ago. Net income was $4,187,000 compared to $3,290,000 for the same period a year ago. Net income per share of common stock, basic and diluted was $0.84 compared to $0.66 for the same period a year ago.

The increase in net income was due to an increase in realized gains on available-for-sale securities, from $787,000 in 2011 to $2.3 million in 2012. A $1.3 million reduction in the provision for loan losses when comparing 2011 and 2012, also contributed to the increase in net income.