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Old Point Financial (Old Point Financial) Scaled Net Operating Assets : -0.05 (As of Dec. 2023)


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What is Old Point Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Old Point Financial's operating assets for the quarter that ended in Dec. 2023 was $1,163.83 Mil. Old Point Financial's operating liabilities for the quarter that ended in Dec. 2023 was $1,240.49 Mil. Old Point Financial's Total Assets for the quarter that ended in Sep. 2023 was $1,447.06 Mil. Therefore, Old Point Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.05.

Old Point Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Old Point Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1368.112-1240.486)/1355.335
=0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1446.382 - 78.27
=1368.112

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1339.604 - 99.118 - 0
=1240.486

Old Point Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(1163.834-1240.486)/1447.063
=-0.05

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1446.382 - 282.548
=1163.834

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1339.604 - 99.118 - 0
=1240.486

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Old Point Financial Scaled Net Operating Assets Related Terms

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Old Point Financial (Old Point Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Old Point Financial Corp (NAS:OPOF) » Definitions » Scaled Net Operating Assets
Comparable Companies
UBCP SFDL PMHG CULL KTHN OFED CNBB PFBX FDVA MGYR NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
N/A
Address
101 East Queen Street, Hampton, VA, USA, 23669
Website
https://www.oldpoint.com
Old Point Financial Corp functions in the financial services domain in the United States. As the holding company of The Bank and Trust, it is a nationally chartered trust and wealth management service, provider. Its suite of services includes commercial banking solutions such as loan, deposit and cash management, which are rendered through a chain of branches throughout the country. It operates through segments such as Bank, Wealth and Company.
Executives
Sarah B Golden director PO BOX 3392, HAMPTON VA 23663
Tom B Langley director PO BOX 3392, HAMPTON VA 23663
Michael A Glasser director PO BOX 3392, HAMPTON VA 23663
Joseph R Witt director, other: EVP, Corporate Banking, OPNB PO BOX 3392, HAMPTON VA 23663
Paul M Pickett officer: Chief Financial Officer PO BOX 3392, HAMPTON VA 23663
Elizabeth S Wash director 1104 WORMLEY CREEK DRIVE, YORKTOWN VA 23692
Pl Capital Advisors, Llc 10 percent owner 750 ELEVENTH STREET SOUTH, SUITE 202, NAPLES FL 34102
John Cabot Ishon director PO BOX 3392, HAMPTON VA 23663
Thacker Clark Rebekah Ellen director PO BOX 3392, HAMPTON VA 23663
Adams Stephen Conway director PO BOX 3392, HAMPTON VA 23663
Shuford Robert F Jr other: EVP/CHIEF OPERATING OFFR-OPNB PO BOX 3392, HAMPTON VA 23663
Greene Dr Arthur D director PO BOX 3392, HAMPTON VA 23663
John W Palmer 10 percent owner C/O SECURITY FINANCIAL BANCORP INC, 9321 WICKER AVE, ST JOHN IN 46373
Richard J Lashley 10 percent owner C/O PL CAPITAL, LLC, 47 E. CHICAGO AVE., SUITE 328, NAPERVILLE IL 60540
Kauders A Eric Jr officer: SVP/Trust 101 E QUEEN ST, HAMPTON VA 23669