Every 8-K that Bank of the James Financial Group, Inc (BOTJ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BOTJ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BOTJ filings page.
Bank of the James Financial Group reported higher earnings for the second quarter and first half of 2026. First half net income was $6.01 million, or $1.32 per share, and net income increased 69.55% from the same period of 2025.
Second quarter 2026 net income was $3,240 thousand, or $0.71 per share, up 19.82% year over year. Net interest income grew, tax-equivalent net interest margin improved to 3.64% year-to-date, noninterest income increased, and noninterest expenses declined compared with 2025.
Asset quality strengthened, with nonperforming loans falling to $1,091 thousand, or 0.16% of total loans, and the allowance covering 604.67% of nonperforming loans. Net loans reached $686,084 thousand. The board declared a quarterly cash dividend of $0.10 per share, payable on or about September 4, 2026 to shareholders of record on August 21, 2026.
Bank of the James Financial Group, Inc. held its Annual Meeting of Shareholders on May 19, 2026. As of the March 23 record date, there were 4,543,338 common shares outstanding, and 3,573,405 shares, about 78.65%, were represented in person or by proxy.
Shareholders elected four Group Two directors—Robert R. Chapman III, Julie P. Doyle, Lydia K. Langley, and Augustus A. Petticolas, Jr.—to three-year terms expiring at the 2029 annual meeting. They also ratified Elliott Davis, PLLC as independent registered public accounting firm for 2026 and approved a non-binding advisory vote on executive compensation.
Bank of the James Financial Group, Inc. reported much stronger first quarter 2026 results, with net income of $2.77 million, or $0.61 per share, up sharply from $0.19 a year earlier. Revenue, defined as net interest income plus noninterest income, grew 15.40% year over year while noninterest expense declined 4.69%, improving the efficiency ratio to 73.75% from 89.31%.
Return on average assets reached 1.07% and return on average equity was 13.87%. Asset quality remained solid, with nonperforming loans of $1.45 million, or 0.22% of total loans, and total deposits rose to $956.55 million. The board also declared a quarterly cash dividend of $0.10 per share, payable on or about June 5, 2026 to shareholders of record on May 22, 2026.
Bank of the James Financial Group, Inc. filed a current report to note that it has released its financial results. The company issued a press release covering its performance for the three and twelve months ended December 31, 2025, and attached that release as an exhibit to this report.
Bank of the James Financial Group, Inc. declared a quarterly cash dividend of $0.10 per share on its common stock. The dividend is scheduled to be paid on or about March 6, 2026 to stockholders who are on record as of February 17, 2026.
Bank of the James Financial Group, Inc. reported that J. Todd Scruggs has retired from all of his roles with the organization effective January 5, 2026. He stepped down as a director on the Company’s Board, as Secretary and Treasurer of the Company, and from his positions as Executive Vice President and Chief Investment Officer of Bank of the James.
The Company states that Mr. Scruggs’ retirement was not due to any disagreement regarding operations, policies, or practices, indicating an orderly leadership transition. A press release dated January 9, 2026 is provided as an exhibit and the Company publicly expresses appreciation for his many years of leadership, including prior service as Chief Financial Officer and more recent service as Chief Investment Officer.
Bank of the James Financial Group (BOTJ) announced senior leadership changes approved on October 28, 2025, effective January 1, 2026. Longtime CFO J. Todd Scruggs, who has served since 1999 and as principal accounting officer since 2003, will transition to the newly created role of Chief Investment Officer. Eric J. Sorenson, Jr., currently General Counsel and an advisor to the Company for more than 25 years, will become Chief Financial Officer.
The Company stated the transition is not due to any disagreement on operations, policies, or practices. The filing notes no family relationships or related-party transactions requiring disclosure, and no new compensatory arrangements tied to these changes. As CFO, Sorenson will oversee financial, accounting, treasury, budgeting, and reporting, working with Scruggs and the Board on disciplined capital allocation.
Bank of the James Financial Group, Inc. (BOTJ) filed an 8-K detailing two items: it furnished a press release announcing financial results for the three and nine months ended September 30, 2025, and it declared a quarterly cash dividend.
The Board approved a $0.10 per-share common stock dividend, payable on or about December 5, 2025 to stockholders of record as of the close of business on November 21, 2025. The results press release is included as Exhibit 99.1.
Bank of the James Financial Group, Inc. entered into a Second Note Modification Agreement and Allonge with The National Bank of Blacksburg to change the terms of its existing secured promissory note originally issued for $11,000,000. The changes take effect on September 1, 2025.
The modification extends the debt’s maturity to August 31, 2030 from December 31, 2026, raises the interest rate to 5.65% per year from 3.90%, and re-amortizes payments into 240 equal monthly installments of about $61,000 starting September 30, 2025, with a final balloon payment of about $7,410,000 at maturity. As of August 31, 2025, the outstanding principal was roughly $8.9 million, secured by a first-priority lien on about 4.95% of the Bank’s common stock.
The company also gained an option to recast the amortization schedule if it prepays at least $1,000,000, keeping the same maturity date and interest rate while re-spreading the remaining principal over the original amortization period.
Bank of the James Financial Group, Inc. (NASDAQ: BOTJ) filed an 8-K to report a routine shareholder distribution.
- The Board declared a $0.10 per-share quarterly cash dividend on common stock.
- Record date: 12 Sep 2025 | Payment date: on or about 26 Sep 2025.
- Item 9.01 confirms no associated financial statements, pro-forma information, or shell transactions.
- Only Exhibit 104 (iXBRL cover page) accompanies the filing.
No additional material events were disclosed.