Board of Governors of the Federal Reserve System

FR Y-6 OMB Number 7100-0297 Approval expires September 30, 2018 Page 1 of2

Annual Report of Holding Companies-FR Y-6

Report at the close of business as of the end of fiscal year

This Report is required by law: Section 5(c)(1 )(A) of the Bank Holding Company Act (12 U.S.C. § 1844(c)(1 )(A)); sections B(a) and 13(a) of the International Banking Act (12 U.S.C. §§ 3106(a) and 3108(a)); sections 11(a)(1), 25, and 25A of the Federal Reserve Act (12 U.S.C. §§ 248(a)(1), 602, and 611a); and sec­tions 113, 165, 312, 618, and 809 of the Dodd-Frank Act (12 U.S.C. §§ 5361, 5365, 5412, 1850a(c)(1), and 5468(b)(1)). Return to the appropriate Federal Reserve Bank the original and the number of copies specified.

NOTE: The Annual Report of Holding Companies must be signed by one director of the top-tier holding company. This individual should also be a senior official of the top-tier holding company. In the event that the top-tier holding company does not have an individual who is a senior official and is also a director, the chairman of the board must sign the report. If the holding company is an ESOPIESOT formed as a corporation or is an LLC, see the General Instructions for the authorized individual who must sign the report. I, Robert F. Shuford, Sr.

Name of the Holding Company Director and Official

Chairman Title of the Holding Company Director and Official

attest that the Annual Report of Holding Companies (including the supporting attachments) for this report date has been pre­pared in conformance with the instructions issued by the Federal Reserve System and are true and correct to the best of my knowledge and belief.

With respect to information regarding individuals contained in this report, the Reporter certifies that it has the authority to provide this information to the Federal Reserve. The Reporter also certifies that it has the authority, on behalf of each individual, to consent or object to public release of information regarding that individual. The Federal Reserve may assume, in the absence of a request for confidential treatment submitted in accordance with the Board's "Rules Regardin v ilability of I forma · • 12 C.F.R. Part 261, that the ReP, er i · u co nt public release of all details in e r ng

Date of Signature

For holding companies not registered with the SEC-­Indicate status of Annual Report to Shareholders:

D is included with the FR Y-6 report ~ will be sent under separate cover D is not prepared

For Federal Reserve Bank Use Only

RSSDID C.I. -----------------

This report form is to be filed by all top-tier bank holding compa­nies, top-tier savings and loan holding companies, and U.S. inter­mediate holding companies organized under U.S. law, and by any foreign banking organization that does not meet the require­ments of and is not treated as a qualifying foreign banking orga­nization under Section 211.23 of Regulation K (12 C.F.R. § 211.23). (See page one of the general instructions for more detail of who must file.) The Federal Reserve may not conduct or spon­sor, and an organization (or a person) is not required to respond to, an information collection unless it displays a currently valid OMB control number.

Date of Report (top-tier holding company's fiscal year-end):

December 31, 2016 Month I Day I Year

None Reporter's Legal Entity Identifier (LEI) (20-Character LEI Code)

Reporter's Name, Street, and Mailing Address

Old Point Financial Corporation Legal Title of Holding Company

PO Box 3392 (Mailing Address of the Holding Company) Street I P.O. Box

Hampton VA _2_36_6_3 ___ _ City State Zip Code

1 W. Mellen St Hampton Va 23663 Physical Location (if different from mailing address)

Person to whom questions about this report should be directed: Danielle getkin Acctg Specialist Reg-Rpting Name

757-728-1876 Area Code I Phone Number I Extension

757-728-2414 Area Code I FAX Number

dgetkin@oldpoint.com E-mail Address

N/A

Title

Address (URL) for the Holding Company's web page

Is confidential treatment requested for any portion ~ of this report submission? .............................. '1=ves[TJ In accordance with the General Instructions for this report (check only one),

1. a letter justifying this request is being provided along with the report • • . • • • • • • • • • • • • • • • • • • • • • • . • • • • • • • • • • . • • • • • • • • • • • • • • • • • D

2. a letter justifying this request has been provided separately............................................................ D

NOTE: Information for which confidential treatment is being requested must be provided separately and labeled as "confidential."

Public reporting burden for this information collection Is estimated to vary from 1.3 to 101 hours per response, with an average of 5.50 hours per response, including time to gather and maintain data In the required form and to review instructions and complete the information collection. Send comments regarding this burden estimate or any other aspect of this collection of Information, Including suggestions for reducing this burden to: Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551, and to the Office of Management and Budget, Paperwork Reduction Project (7100-0297), Washington, DC 20503. 12/2016

For Use By Tiered Holding Companies

FR Y-6 Page2 of 2

Top-tiered holding companies must list the names, mailing address, and physical locations of each of their subsidiary holding companies below.

Legal Title of Subsidiary Holding Company Legal Title of Subsidiary Holding Company

(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box (Mailing Address of the Subsidiary Holding Company) Street I P.O. Box

City State Zip Code City State Zip Code

Physical Location (If different from mailing address) Physical Location (if different from mailing address)

Legal Title of Subsidiary Holding Company Legal TiUe of Subsidiary Holding Company

(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box (Mailing Address of the Subsidiary Holding Company) Street I P.O. Box

City State Zip Code City State Zip Code

Physical Location (if different from malling address) Physical Location (if different from mailing address)

Legal TiUe of Subsidiary Holding Company Legal Title of Subsidiary Holding Company

(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box (Mailing Address of the Subsidiary Holding Company) Street I P.O. Box

City State Zip Code City State Zip Code

Physical Location (If different from malling address) Physical Location (if different from mailing address)

Legal TiUe of Subsidiary Holding Company Legal Title of Subsidiary Holding Company

(Mailing Address of the Subsidiary Holding Company) Street I P.O. Box (Mailing Address of the Subsidiary Holding Company) Street I P.O. Box

City State Zip Code City State Zip Code

Physical Location (if different from mailing address) Physlcal Location (if different from mailing address)

1212012

Report Item

Form FRY-6

Old Point Financial Corporation Hampton, Virginia

Fiscal Year Ending December 31, 2016

1: The bank holding company prepares an annual report for its shareholders. Two copies will be sent under separate cover upon completion.

2a: Organizational Chart

A discussion of ownership is included on page 1 of the Annual Report on Form 10-K and is incorporated herein by reference.

2b: The Domestic Branch Listing was submitted via email on 3/27/2017.

Old Point Financial Corporation (the "Company") Hampton, VA

Established in Hampton, VA No LEI

I 100% Ownership I

The Old Point National Bank of Phoebus (the "Bank") Hampton, VA

Established in Hampton, VA

Old Point Trust & Financial Services, N.A. ("Trust") Newport News, VA

Established in Newport News, VA No LEI

I 49% Ownership

(joint venture, non-votina)

Old Point Mortgage, LLC Hampton, VA

Established in Hampton, VA Non-managing Member

No LEI

No LEI

Hampton, Virginia

Report Item 3: Shareholders

(1XaXb)(c) and (2XaXbXc)

Form FRY-6

Old Point Financial Corporation

Fiscal Year Ending December 31, 2016

Current Shareholders with ownership, control or holding of 5% or more with Shareholders not listed in 3(1 )(a) through 3(1 )(c) that had ownership, control power to vote as of fiscal year ending 12/31/16 or holding of 5% or more with power to vote during the fiscal year ending

12/31/16 (1 )(c)Number and (2)(c) Number and

(1 )(b) Country of Percentage of Each (2)(b) Country of Percentage of Each (1 )(a) Name & Address Citizenship or Class of Voting (2)(a) Name & Address Citizenship or Class of Voting

(City, State) Incorporation Securities (City, State) Incorporation Securities Old Point Trust &

Financial Services, N.A. 285, 178 shares Anne Devenny Wallace 252, 171 shares* Newport News, VA USA 5.7% Arlington, VA USA 5.1%

Wellington Management James Reade Chisman 336,499 shares* Group LLP 250,145 shares*

Hampton, VA USA 6.8% Boston, MA USA 5.0% Robert F. Shuford, Sr. 528, 104 shares*

Hampton, VA USA 10.6% None None None PL Capital Group 302,662 shares·

Naperville, IL USA 6.1% None None None

Report Item 4: Insiders

(1 ), (2), (3)(a)(b)(c), and (4)(a)(b)(c)

(2) Principal Occupation

(1) if other than with Names & Address (City, Bank Holding

State) Company

Stephen C. Adams Hampton, VA Finance

James Reade Chisman Development Hampton, VA Company

Russell Smith Evans, Jr. Hampton, VA Finance

Michael A. Glasser Norfolk, VA Attorney-at-Law

Form FRY-6

Old Point Financial Corporation Hampton, Virginia

Fiscal Year Ending December 31, 2016

Directors

(3)(b) (3)(c) Title & Position with Title & Position with

(3)(a) Subsidiaries (include Other Businesses Title & Position with names of (include names of other

Bank Holding Company subsidiaries) businesses)

Group Vice President/Chief

Financial Officer of Director N/A Pomoco

President, J .R. Chisman Development

Director N/A Company Assistant Treasurer and Corporate Fleet Manager Ferguson

Director N/A Enterprises (retired)

Member, Glasser & Director N/A Glasser P.L.C.

(4)(c) (4)(b) List names of other

% of Voting companies (include (4)(a) Shares in partnerships) and%

% of Voting Subsidiaries of voting securities Shares in (include held if 25% or more

Bank Holding names of of voting securities Company subsidiaries) are held

Adams Investments, Inc. (100%) Rotunda

Associates LLC Less than 1% N/A (33.33%)

J.R. Chisman Development Co

(100%) Eagle Landing Investment Co ( 50%) Crestview Associates (50%) Pembroke Corp

6.8% N/A (50%)

Less than 1% N/A N/A

Glasser & Glasser P.L.C. (39.25%)

Crown Center Assoc. Less than 1% N/A LLC (25.55%)

(4)(c)

- (4)(b) List names of other % of Voting companies (include

(2) (3)(b) (3)(c) (4)(a) Shares in partnerships) and% Principal Occupation Title & Position with Title & Position with % of Voting Subsidiaries of voting securities

(1) if other than with (3)(a) Subsidiaries (include Other Businesses Shares in (include held if 25% or more Names & Address (City, Bank Holding Title & Position with names of (include names of other Bank Holding names of of voting securities

State) Company Bank Holding Company subsidiaries) businesses) Company subsidiaries) are held Dr. Arthur D. Greene Retired Orthopaedic Sentara Healthcare Newport News, VA Surgeon Director NIA Administrator Less than 1% NIA NIA

Hampton Stationery (100%) Ratmink,

Inc. (33.3%) Hampton Stationery

John Cabot lshon President, Hampton Furniture & Office Hampton, VA Retailer Director NIA Stationery 1.0% NIA Supplies (33.3%)

Senior Portfolio Manager, TSP Capital

William F. Keefe Management Group, Morristown, NJ Portfolio Manager Director NIA LLC Less than 1% NIA NIA

Langley Limited Partnership (33%) CMT Associates

Tom B. Langley President, Langley & (33.3%) Langley & Norfolk, VA Civil Engineering Director NIA McDonald Inc. Less than 1% NIA McDonald ( 49%)

Dr. H Robert Schappert Newport News, VA Veterinarian (retired) Director NIA NIA 3.5% NIA NIA

Chairman of the Robert F. Shuford, Sr. Chairman, President & Board Old Point

Hampton, VA NIA CEO National Bank NIA 10.6% NIA NIA

Robert F. Shuford, Jr. Executive Vice President & CEO Old Hampton, VA NIA President/OP NB Point National Bank NIA Less than 1% NIA NIA

Executive Director, New Point Ellen Clark Thacker Gloucester-Mathews Redemption, LLC

Yorktown, VA Management Director NIA Humane Society 2.0% NIA (50%) Executive Vice

Senior Vice President/Corporate Joseph R. Witt President/Corporate Banking Old Point

Newport News, VA NIA Banking Naitonal Bank NIA Less than 1% NIA NIA

Executive Officers (4}(c}

(3)(c) (4}(b) List names of other (2) Title & Position (4}(a) % of Voting companies (include

Principal I

(3}(b) with Other % of Voting Shares in partnerships} and % Occupation if (3)(a) Title & Position with Businesses Shares in Subsidiaries of voting securities

(1) other than with Title & Position with Subsidiaries (include (include names Bank (include held if 25% or more Names & Address (City, Bank Holding Bank Holding names of of other Holding names of of voting securities

State) Company Company subsidiaries) businesses) Company subsidiaries) are held Chairman of the

Robert F. Shuford, Sr. Chairman, President Board Old Point Hampton, VA NIA &CEO National Bank NIA 10.6% NIA NIA

Executive Vice Executive Vice Less than Donald S. Buckless NIA President & CLO President & CLO NIA 1% NIA NIA

Executive Vice Laurie D. Grabow CFO & Senior Vice PresidenUCFO Old Less than Chesapeake, VA NIA President/Finance Point National Bank NIA 1% NIA NIA

President & CEO Old Eugene M. Jordan, II Executive Vice Point Trust & Less than

Hampton, VA NIA President/Trust Financial Services NIA 1% NIA NIA

Robert F. Shuford, Jr. Executive Vice President & CEO Old Less than Hampton, VA NIA President/OPNB Point National Bank NIA 1% NIA NIA

Senior Executive Vice President/Chief

Senior Vice Business President/Corporate Development Officer

Joseph R. Witt Banking and Human Old Point National Less than Newport News, VA NIA Resources Bank NIA 1% NIA NIA

"-t•: A tlst of branches for VO!M depodoty in..U11l9n: OLD P04NT Hit.TlONAl IAHK OF PttO[IWS, THE (ID_llSSO: 116221).

lhl5 depo$11HV lnstltutton Is h.td by DlD POINT rlNit.NCW. CORPORATION ll07&07lJ of HAMPTON. VA.

The data ire aa of 12/31/1016. 01t1 reflllCb lnfonnatlon that was rec.iwed ind pnK:l:Aed throush 01/10/2017

•-~" 11N1 Verifkatien St!Pf l. In the o.b ActiH cobnn of Heh branch rvw, enter on1 or more of the 1dloftS spedfled bllow 2.11 req...ir.cl, .,..,. th• d.lte In th1 l!ffecttw1 o.t. cotumn

-. DK: If the branch lnfannnlon Is correct. enter 'Ok' In then.ta Adlen column.

Chanp; If th1 branch lnfann1Uon Is lncorrKt or Incomplete, revlH th1 dlta, ent« CN!n1e In the o.ta Acden column ind th1 dlte when thb Information Rm baa me v.Wd In the l!ffHthe o.te column.

Clot1: If 1 branch listed was sold or dowel, enter 'Clou· In the Dab Adlen cofumn •nd the ul1 or dosure date In the Etfedh• Dete column.

Delete: II 1 bnnch listed was never owned bv thll depoMlory lnslllUlllon, enter 'Oellt• In the Dab Acu- ccMumn.

Alltl: 111 reti0rt.lbl9 branch Is mUln&. lnsen 1rvw,1ddthe branchtbU, ind mc111 Add' lntheo.b Ad6N column 1ncltheopenln1or 1equbllond.11te lnth• Efhdfff 0..- column.

If prlnt1n1 thk lbt. you ml'I nnd to acftust yow Piie HWP In MS Eacel. Try IAlnf lll'ldKape ortmc1tlon, pq1 Kalin&, and/or i.t1I &b.ed .,..,..

SUltmf..ten h!mtiur.

When you IN flnilhed, send 1 uved COf'V to your FRB cont•ct. SN the detailed Hmructlons on thb Mt• for more lnfonnatlon.

If you ar. .. mlilln1 thb to your FRB contact. put your lnscllUllon name, city and sut1 In the subject Une of the .. m•ll.

Note:

To Mtlsfy lM: Fii 't·10 ~ ,...W-fttl, you mlllt Ilse lubmlt FR Y·lD Domntk Br11nch ScheduleS for Hth bnnch .. h I D.ta ArUH of Ch1111•. Dow. oei.. •• or Add.

Thi FR Y·lO repon m1y be 1ubmlnld In a hardcopy fonnlt orvi1 the FR Y·lD OnNne 1pplicatlon • hnpt://ylDonllne.flderalr.serv•.1ov.

• FOtc UNINUM, Office Number, and IO_RSSO cokJmftSaf'll far reference onty, V.nflcatlonofthaev1lu11 Is not rmqulnd.

.......... . -. .... ............. lnnditDWD• ularName StrHtM*n1 c .. ..... O• Ful S.Nlce {HNd Office 11'221 OlD POIKT HATK>NAL BANK Of ~11\Jl, THE 1 WEST MELLEN STflUT HN.O'TON VA

O• FullSlfvke 34.!13113 EAGlE: HAP.IOR BRANCH 15419 C.AMOUTON BOULEVARD UJlROllTON VA

O• FullSeMce 321IOl4 £OEN WAY BftANCH 740£DENWAY OW:APEAXE VA

O• Full Service 277421 FORT MONROE BRANCH PATCH ROAD AT THE H>ST EXCHANGE FORT MONROE VA

O• FuHSetvlce 155124 DOWNTOWN HAMl'TON BRANCH 101 EAST QUEEN STREET HAMPTON VA

o• FuHServlce 154&22 EXECUTIVE TOWERS BRANCH llDl EXECUTIVE DRIVE HAMl'TON VA

O• Full Service 63425 WEST MERCUltY OFFICE 4030WEST MERCURY BLVD HAMPTON VA

O• fuflServlce ..,. WOOOlAND eRAf'ICH 147 WOOOlAND ROAD HAM..rON VA

O• T""' 3540945 DYSTEll POWT FIHANOAL CENTER IAANCH ll7IOJEFF£RSON AVENUE HEWtORT NEWS VA

O• FullSenike 65522 P'ROfESSlONAL PARK OFFICE 11751 IEFFERSON AVE NEWl"OllT NEWS VA

Ok FullSeNke ...,,. SHERWOOD BRANCH l310l WARWICK BOULEVARD NEWPORT NEWS VA

OK Full Service 111321 WARWICK BRANCH 11134 WARWICK BLVD NEWPORT NEWS VA

Ok Fun service 299621 EAST MAIN STREET BRAN~ SID EAST MAIN ST NORFOLK VA

Ok FullSenrlce 391751 GHEHTBR.ANCH 1112 GRANBY mEET NORFOLK VA

Ok FullSetvke 3919151 HIUTOf' BflANCH 1'13 LASIClN ROAD VIRGWIA 1£ACH VA

Ok FullSentk:e U175'4 IN0£P'ENOENCE ltMN04 !51 IND£nNO£NCE lllJD VIAGWIAIEACH YA

Ok FullS.Mc1 5325&07 NEW TOWN BRANCH 4139 IRON IOUHO ROAD WUIAMSBURG VA

Ok FullSeMce 2142017 NORGE CROSSING BRANCH 7504 RICHMOND ROAD WtlLIAMSBURG VA

Ok FuHServke 2497529 KILN CREEK BRANCH 101 KILN CREEK PAAICWAY YORICTOWN VA

lil,;cHe

2360 2U14

2UZO

23651

23569

23666

23666

23H9 ,,. .. 23606

"''" 23601

23510

23517

23451 , ... , 21111

23111

23693

Ceunty co..- FDIC UNINUM• OtflceNu-.r• HeMOfffg HeH Offtci9 ID wo• fC•""""_tl HAMl'TONCITY uHmDSTATES .... 0 DlD PaNT HATtoHAL BANK OF 'HOHUS, THE 116121

ISlEOfWIGHT UHIT£DSTATt5 45'4J7 " DlD P'OWI' NATIONAL BANK Of P'HOEIUS, THE 115221

CHESAPEAKE CTY UNIT£DSTATU 429571 21 OLD POINT NATIONAL BANX Of P'HOE8US, TI+E 115221

HAMl'TONCTY U,.ITEDSTATU 212731 • OLD POINT NATIONAl IANK Of P'HOEBUS. THE 116221 HAMPTON CITY UNrrtDSTATES 2127.!17 2 OLD P'OINT NATIONAl BANK OF P'HOEBUS, THE 116221

HAMPTON CITY UNITED STATES 212739 • OLD POINT NATIONAL BANK OF PHOHUS, THE 116221

HAMPTONCfTY UNITtDSTATtS 212736 1 OLD POINT NATK>HAL BANIC OF PHOEIUS, THE 115221

HAMf'TONOT't' UMT[D STATES 212740 ' OlD POINT HATK>HAL IANIC Of PHOHUS, THE 1Hl21

NEWPORT NEWS CfTY UNrtEDSTATES 212752 17 DlO POINT NATIONAi. llANIC Of P'HOEIUS, THE lli221

NEWP'ORT NEWS CTY UNITED STATES 21274.!I I OLD POINT NATIONAL BANK Of P'HDDUS, THE 116221 NEWP'ORT NEWS CITY UNITEDSTATU 212741 • OLD POINT NATIONAL 9.ANIC OF P'HOEIUS, THE 1H221 NEWPORT NEWS CfTY UNITED STATES 212742 7 OLD POINT NATIONAL BANK OF PHOEllUS, THE 115221

NORFOLK CITY UNITED STATES 360541 20 OLD P'DtNT NATIONAl. BANK OF PHOEllUS. THE 116221

NOflFOUCCITY UNrTEOSTATU 491'41 " OLD l'DINT NATIONAL BANK OF l'HOHUS, THE 116221 VIRGNIA llEACH CTY UNITED STATU 47'406 25 OLD POINT NATIONAL BANK OF PHOEIUS. THE 11'221 VMGWIA IEACH CTY UNIT£0STATU 445457 " OLD P'aNT NATIONAL BANIC OF P'H0£1US. THE 116221

IAME5CITY UNITED STATES 442421 22 DlD POINT NATIONAL BANK OF PHOEllUS. THE 116221

IAMESCrtY UNITTOSTATES 212754 19 OLD POINT NATM>NAL BANK OF P'HDEIUS. THE 116221

YORk uNmDSTATES 212750 15 OLD POINT NATIONAL IANIC OF PHOEBUS, THE 1162211