BNET Industries
Market Cap:$20.9M
Last Fiscal Year Sales:$21.2M
- Public
- US
Dow Jones Description
Bank of the James Financial Group, Inc. (?Financial?) is a one-bank holding company with its headquarters in Lynchburg, Virginia. Financial was incorporated at the direction of Bank of the James (the ?Bank?) to serve as a bank holding company of the Bank. Financial acquired all of the shares of the Bank in a statutory share exchange on a one-for-one basis on January 1, 2004. The Bank is Financial?s only subsidiary and primary asset. The Bank is a Virginia banking corporation headquartered in Lynchburg, Virginia. The Bank was incorporated under the laws of the Commonwealth of Virginia as a state chartered bank in 1998 and began banking operations in July 1999. The Bank was organized to engage in general retail and commercial banking business. Bank of the James Financial Group, Inc. (?Financial?) was incorporated on October 3, 2003 under the laws of the Commonwealth of Virginia. Following completion of the share exchange, Financial became the successor issuer to the Bank, pursuant to Rule 12g-3 (promulgated under the Securities Exchange Act of 1934). Prior to the share exchange, the Bank was subject to the information requirements of the Exchange Act and, in accordance with Section 12(i) thereof, was required to file reports and other financial information with the Board of Governors of the Federal Reserve System (the ?Federal Reserve?).
President and Chief Executive Officer
Robert R ChapmanNumber of Employees 34
Contact Information
P O Box 1200
Lynchburg, Virginia 24505
4348462000
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Bank of the James Financial Group, Inc. Announces 3rd Quarter 2009 Results
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Bank of the James Financial Group, Inc. Announces Results for 2nd Quarter 2009
News & Analysis
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bank of the james financial group inc. - All News and Analysis
Bank of the James Financial Group, Inc. Announces Results for 2nd Quarter 2009
LYNCHBURG, Va. -- Bank of the James Financial Group, Inc. (OTCBB:BOJF) quarterly consolidated results unaudited reported today total net income after tax of $185,000 or $0.06 per basic and...
Bank of the James Financial Group, Inc. Announces 5% Stock Dividend
LYNCHBURG, Va. -- Bank of the James Financial Group, Inc. (OTCBB:BOJF) (the "Company") announced yesterday at the annual shareholder's meeting that the Board of Directors voted to declare a...
Bank of the James Financial Group, Inc. Announces Results For 1st Quarter 2009
LYNCHBURG, Va. -- Bank of the James Financial Group, Inc. (OTCBB:BOJF) (the â??Companyâ??) quarterly consolidated results unaudited reported today total net income after tax of $194,000 or $0.07 per...
Bank of the James Financial Group, Inc. Announces Decision Not to Participate In U.S. Treasury's Capital Purchase Program
LYNCHBURG, Va. -- Lynchburg-based Bank of the James Financial Group, Inc. (OTCBB:BOJF) today announced that it has decided not to participate in the U.S. Department of Treasury ("Treasury") Capital Purchase Program ("CPP"). The Company received preliminary approval from the Treasury on January 6, 2009 for a $7.708 million capital investment....
Bank of the James Financial Group, Inc. Announces Results For 4th Quarter 2008
LYNCHBURG, Va. -- Bank of the James Financial Group, Inc. (OTCBB:BOJF) (the "Company") (quarterly and 2008 year-to-date consolidated results unaudited) reported today total net income after tax of $501,000 or $0.18 per basic share ($0.17 diluted) for the quarter ended December 31, 2008 and $224,000 or $0.08 per basic share...
Bank of the James Financial Group, Inc. Announces Preliminary Approval for $7,708,000 Investment Under U.S. Treasury's Capital Purchase Program
LYNCHBURG, Va. -- Bank of the James Financial Group, Inc. (OTCBB:BOJF). Lynchburg-based Bank of the James Financial Group, Inc. announced today that it has received preliminary approval for a $7.708 million investment from the U.S. Treasury Department under the TARP Capital Purchase Program. According to Robert R. Chapman III, President...
Bank of the James Financial Group, Inc. Announces 3rd Quarter 2008 Results
LYNCHBURG, Va. -- Bank of the James Financial Group, Inc. (OTCBB:BOJF) quarterly consolidated results unaudited reported today a total net loss after tax of $1,305,000 or $0.46 per basic share ($0.45 diluted) for the quarter ended September 30, 2008 and $277,000 or $0.10 per basic share ($0.09 diluted) year-to-date compared...
Bank of the James Financial Group, Inc. To Determine Impairment Charge for Fannie Mae Holdings
LYNCHBURG, Va. -- On September 7, 2008, the U.S. Treasury, the Federal Reserve and the Federal Housing Finance Agency FHFA announced that FHFA was placing Fannie Mae and Freddie Mac under federal conservatorship. Bank of the James Financial Group, Inc. (the "Company"), the bank holding company for Bank of the...
Bank of the James Financial Group, Inc. Announces Results For 2nd Quarter 2008
LYNCHBURG, Va. -- Bank of the James Financial Group, Inc. (OTCBB:BOJF) quarterly consolidated results unaudited reported today total net income after tax of $524,000 or $0.19 per basic share ($0.18 diluted) for the quarter ended June 30, 2008 and $1,028,000 or $0.37 per basic share ($0.35 diluted) year-to-date compared to...
Bank of the James Financial Group, Inc. Announces 10% Stock Dividend
LYNCHBURG, Va. -- Bank of the James Financial Group, Inc. (OTCBB:BOJF) (the "Company") announced yesterday at the annual shareholder's meeting that the Board of Directors voted to declare a 10% stock dividend. The dividend will be paid to shareholders of record as of June 17, 2008 and will be paid...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Robert R Chapman | President and Chief Executive Officer |
| J Todd Scruggs | Executive Vice President and Chief Financial Offic |
| Garry L Friend | Senior Vice President, Retail Branch Administrati |
| Kevin M Gill | Senior Vice President, Commercial Lending |
| Vickie D Spencer | Vice President and Marketing Officer |
| Organization | Position | Status |
|---|---|---|
| Bank of The James Financial Group, Inc. | President and Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of The James Financial Group, Inc. | Executive Vice President and Chief Financial Offic | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of The James Financial Group, Inc. | Senior Vice President, Retail Branch Administrati | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of The James Financial Group, Inc. | Senior Vice President, Commercial Lending | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of The James Financial Group, Inc. | Vice President and Marketing Officer | Current |
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