OLD POINT FINANCIAL CORP Annual Income Tax Expense (Benefit) in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Old Point Financial Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2024.
  • Old Point Financial Corp Income Tax Expense (Benefit) for the quarter ending December 31, 2024 was $438K, a 45.5% increase year-over-year.
  • Old Point Financial Corp Income Tax Expense (Benefit) for the twelve months ending December 31, 2024 was $1.9M, a 42.2% increase year-over-year.
  • Old Point Financial Corp annual Income Tax Expense (Benefit) for 2024 was $1.9M, a 42.2% increase from 2023.
  • Old Point Financial Corp annual Income Tax Expense (Benefit) for 2023 was $1.33M, a 9.5% decline from 2022.
  • Old Point Financial Corp annual Income Tax Expense (Benefit) for 2022 was $1.47M, a 13.7% increase from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $1.9M +$563K +42.2% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-31
2023 $1.33M -$140K -9.5% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-31
2022 $1.47M +$178K +13.7% Jan 1, 2022 Dec 31, 2022 10-K 2024-04-01
2021 $1.3M +$775K +149% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2020 $521K -$559K -51.8% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
2019 $1.08M +$801K +287% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-30
2018 $279K +$376K Jan 1, 2018 Dec 31, 2018 10-K 2020-03-16
2017 -$97K -$257K -161% Jan 1, 2017 Dec 31, 2017 10-K 2019-03-18
2016 $160K +$106K +196% Jan 1, 2016 Dec 31, 2016 10-K 2018-03-16
2015 $54K -$142K -72.4% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-16
2014 $196K -$152K -43.7% Jan 1, 2014 Dec 31, 2014 10-K 2016-03-11
2013 $348K -$647K -65% Jan 1, 2013 Dec 31, 2013 10-K 2015-03-30
2012 $995K -$68K -6.4% Jan 1, 2012 Dec 31, 2012 10-K 2014-03-28
2011 $1.06M +$914K +613% Jan 1, 2011 Dec 31, 2011 10-K 2013-03-29
2010 $149K Jan 1, 2010 Dec 31, 2010 10-K 2012-03-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.