UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
OLD POINT FINANCIAL CORPORATION
(Name of Issuer)
COMMON STOCK ($5.00 PAR VALUE)
(Title of Class of Securities)
680194107
(CUSIP Number)
Check the following box if a fee is being paid with this
statement . (A fee is not required only if the filing
person: (1) has a previous statement on file reporting
beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five
percent or less of such class.) (See Rule 13d-7).
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
SEC 1745 (10-88)
<PAGE>
CUSIP No. 680194107 13G
1. Name of Reporting Person
S.S. Or I.R.S. Identification No. of Above Person
OLD POINT TRUST & FINANCIAL SERVICES, N.A.
2. Check The Appropriate Box If A Member of A Group*
(a)
(b)
3. SEC Use Only
4. Citizenship Or Place Of Organization
Number Of Shares Beneficially Owned By Each Reporting Person
With:
5. Sole Voting Power
283,144 (a/o 12/31/99)
6. Shared Voting Power
- -0-
7. Sole Dispositive Power
284,252 (a/o 12/31/99)
8. Shared Dispositive Power
3,100 (a/o 12/31/99)
9. Aggregate Amount Beneficially Owned By Each Reporting Person
395,678 (includes shares for which reporting person has no
voting or disposition power)
10. Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares*
11. Percent of Class Represented By Amount In Row 9
15.33%
12. Type Of Reporting Person*
BK
<PAGE>
Item 1 (a) Name of Issuer:
OLD POINT FINANCIAL CORPORATION
Item 1 (b) Address of Issuer's Principal Executive Offices:
1 WEST MELLEN STREET
HAMPTON, VIRGINIA 23663
Item 2 (a) Name of Person Filing:
OLD POINT TRUST & FINANCIAL SERVICES, N.A.
Item 2 (b) Address of Principal Business Office or, if none,
Residence:
11780 JEFFERSON AVENUE SUITE D / PO BOX 6270
NEWPORT NEWS, VIRGINIA 23606
Item 2 (c) Citizenship:
A TRUST COMPANY ORGANIZED AND EXISTING UNDER THE LAWS OF THE
UNITED STATES OF AMERICA
Item 2 (d) Title of Class of Securities:
COMMON STOCK, $5.00 PAR VALUE
Item 2 (e) CUSIP Number:
680194107
Item 3 Type of Person: (see instructions)
BANK AS DEFINED IN SECTION 3(a)(6) OF THE ACT
Item 4 Ownership
(a) Amount Beneficially Owned
395,678 (includes shares for which reporting person has no
voting or disposition power)
(b) Percent of Class
15.33%
(c) Number of Shares as to which such person has:
(i) sole power to vote or direct the vote:
283,144 BUT AS TO WHICH, AS A MATTER OF VIRGINIA LAW, CANNOT BE
VOTED UNLESS A CO-FIDUCIARY IS APPOINTED FOR THE SOLE PURPOSE
OF VOTING SUCH SHARES
<PAGE>
(ii) shared power to vote or to direct the vote:
- -0-
(iii) sole power to dispose or to direct the disposition of:
284,252
(iv) shared power to dispose or to direct the disposition of:
3,100
Item 5. Ownership of Five Percent or Less of a Class
NOT APPLICABLE
Item 6. Ownership of More Than Five Percent on Behalf of
Another Person.
THESE SECURITIES ARE HELD BY OLD POINT TRUST & FINANCIAL
SERVICES, N.A. AS TRUSTEE OF VARIOUS FUNDS. NO SINGLE TRUST
HOLDS MORE THAN 5% OF THE OUTSTANDING SHARES OF OLD POINT
FINANCIAL CORPORATION.
Item 7. Identification and Classification Of the Subsidiary
Which Acquired the Security Being Reported On By the Parent
Holding Company.
NOT APPLICABLE
Item 8. Identification and Classification of Members of the
Group.
NOT APPLICABLE
Item 9. Notice of Dissolution of Group.
NOT APPLICABLE
<PAGE>
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any
transaction having such purposes or effect.
Signature:
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete, and correct.
February 9, 2000
Date
OLD POINT TRUST & FINANCIAL SERVICES, N.A.
Frank E. Continetti, President & CEO
- ---------------------------------------
/s/Frank E. Continetti, President & CEO
