Every 8-K that Old Point Financial Corp (OPOF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OPOF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OPOF filings page.
Old Point Financial Corporation disclosed items relating to a completed transaction and corporate changes. The filing references an Agreement and Plan of Merger dated April 2, 2025, among TowneBank, Old Point Financial Corporation and The Old Point National Bank of Phoebus, and states the merger consideration options of $41.00 per share in cash or 1.14 shares of TowneBank common stock. The report lists related Form 8-K items including completion of an acquisition or disposition of assets, notice of delisting or failure to satisfy continued listing standards, material modification to rights of security holders, changes in control, departures or elections of certain officers or directors, amendments to charter/bylaws or change in fiscal year, and financial statements and exhibits. Exhibit 2.1 (the merger agreement) is incorporated by reference. The signature block shows TowneBank as successor to Old Point and names William B. Littreal as Senior Executive Vice President and Chief Financial Officer.
Old Point Financial Corporation announced that TowneBank and Old Point have received regulatory approval from the Federal Deposit Insurance Corporation and the Bureau of Financial Institutions of the Virginia State Corporation Commission to complete their proposed merger. All required regulatory approvals for the transaction have now been obtained. The companies expect the merger to close on or about September 1, 2025, subject to customary closing conditions. Based on this expected closing date, holders of Old Point common stock and restricted stock awards have until 5:00 p.m. Eastern Time on August 26, 2025 to submit elections for the form of merger consideration, under the allocation and proration procedures in the merger agreement.