Old Point Financial Corporation reported unaudited consolidated earnings results for the year ended December 31, 2011. For the year, the company posted a profit of $3.3 million, or $0.66 per diluted share compared to net income of $1.5 million, or $0.31 per diluted share, in 2010. The increase in net income was due to a reduction in the provision for loan losses, from $8.8 million in 2010 to $3.7 million in 2011. Net interest income was $29.54 million compared to $30.91 million a year ago. Income before income taxes was $4.35 million compared to $1.7 million a year ago.