OLD POINT FINANCIAL CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: Old Point Financial Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
Old Point Financial Corp Interest Expense for the quarter ending March 31, 2024 was $5.84M, a 150% increase year-over-year.
Old Point Financial Corp Interest Expense for the twelve months ending March 31, 2024 was $21.9M, a 329% increase year-over-year.
Old Point Financial Corp annual Interest Expense for 2023 was $18.4M, a 411% increase from 2022.
Old Point Financial Corp annual Interest Expense for 2022 was $3.61M, a 4.25% increase from 2021.
Old Point Financial Corp annual Interest Expense for 2021 was $3.46M, a 34.7% decline from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$18.4M	+$14.8M	+411%	Jan 1, 2023	Dec 31, 2023	10-K	2024-04-01
2022	$3.61M	+$147K	+4.25%	Jan 1, 2022	Dec 31, 2022	10-K	2024-04-01
2021	$3.46M	-$1.83M	-34.7%	Jan 1, 2021	Dec 31, 2021	10-K	2023-03-31
2020	$5.29M	-$1.13M	-17.6%	Jan 1, 2020	Dec 31, 2020	10-K	2022-03-31
2019	$6.42M	+$1.45M	+29.2%	Jan 1, 2019	Dec 31, 2019	10-K	2021-03-30
2018	$4.97M	+$1.96M	+65%	Jan 1, 2018	Dec 31, 2018	10-K	2020-03-16
2017	$3.01M	+$438K	+17%	Jan 1, 2017	Dec 31, 2017	10-K	2019-03-18
2016	$2.57M	-$1.06M	-29.1%	Jan 1, 2016	Dec 31, 2016	10-K	2018-03-16
2015	$3.63M	-$217K	-5.64%	Jan 1, 2015	Dec 31, 2015	10-K	2018-03-16
2014	$3.85M	-$831K	-17.8%	Jan 1, 2014	Dec 31, 2014	10-K	2016-03-11
2013	$4.68M	-$1.09M	-18.9%	Jan 1, 2013	Dec 31, 2013	10-K	2015-03-30
2012	$5.77M	-$941K	-14%	Jan 1, 2012	Dec 31, 2012	10-K	2014-03-28
2011	$6.72M	-$3.27M	-32.7%	Jan 1, 2011	Dec 31, 2011	10-K	2013-03-29
2010	$9.98M			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.