740971--3/12/2010--OLD_POINT_FINANCIAL

related topics

{condition, economic, financial}

{regulation, change, law}

{debt, indebtedness, cash}

{loan, real, estate}

{loss, insurance, financial}

{financial, litigation, operation}

{competitive, industry, competition}

U.S. and international credit markets and economic conditions could adversely affect liquidity and financial condition. The Company is subject to interest rate risk and variations in interest rates may negatively affect its financial performance. The Company s substantial dependence on dividends from its subsidiaries may prevent it from paying dividends to its stockholders and adversely affect its business, results of operations or financial condition. The Company s profitability depends significantly on local economic conditions. A decline in real estate values could cause a significant portion of the Company s loan portfolio to be under-collateralized and adversely impact the Company s operating results and financial condition. Market risk affects the earnings of Trust. The Company may be adversely affected by changes in government monetary policy. The allowance for loan losses may not be adequate to cover actual losses. The Company and its subsidiaries are subject to extensive regulation which could adversely affect them. The Company s future success depends on its ability to compete effectively in the highly competitive financial services industry. Negative public opinion could damage the Company s reputation and adversely impact the Company s business, financial condition and results of operation. The Company and its subsidiaries are subject to transaction risk, which could adversely affect business, financial condition and results of operation.

Full 10-K form ▸

740971--3/12/2010--OLD_POINT_FINANCIAL_CORP