Bank of the James Financial Group, Inc. filings document the regulatory record of a Virginia bank holding company and its banking and investment advisory subsidiaries. Form 8-K reports include quarterly and annual financial results, cash dividend declarations on common stock, officer and director changes, and material agreements tied to company financing.
Proxy materials describe annual meeting matters, board governance, shareholder voting procedures, executive compensation, and oversight of the holding company and Bank of the James. The filing record also includes disclosures related to Pettyjohn, Wood & White, Inc., the company’s investment advisory subsidiary, and debt arrangements used in connection with that business.
Bank of the James Financial Group Inc. received a Schedule 13G reporting that investment adviser Fourthstone LLC and related funds beneficially own 321,908 shares of its common stock, representing 7.09% of the class as of the filing’s reference base.
The ownership percentages are calculated using 4,543,338 common shares outstanding as of November 13, 2025, as disclosed in the company’s 10-Q. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
Bank of the James Financial Group director Lewis C. Addison made an open-market purchase of common stock. On February 10, 2026, he bought 93 shares of common stock at $20.50 per share, bringing his directly held stake to 19,639 shares.
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, Inc. (BOTJ) reported a small insider share purchase by a director on a Form 4. On 11/17/2025, the director bought 59 shares of common stock at a price of $16.75 per share, coded as a purchase transaction ("P").
Following this trade, the director beneficially owned 75,677 shares of BOTJ common stock, held in direct ownership. The filing was signed by /s/ Eric J. Sorenson, Jr., POA for William C Bryant III on 11/19/2025.
Bank of the James Financial Group, Inc. (BOTJ) disclosed an insider share purchase by a director. On 11/17/2025, the reporting person, serving as a Director, bought 113 shares of BOTJ common stock in a transaction coded "P" (open market or private purchase) at a price of $16.75 per share.
Following this transaction, the director now beneficially owns 19,546 shares of Bank of the James Financial Group common stock in direct form. The filing is made on Form 4 by a single reporting person and is signed by /s/ Eric J. Sorenson, Jr., POA for Lewis C. Addison, indicating use of a power of attorney for the director.
BANK OF THE JAMES FINANCIAL GROUP INC (BOTJ) director Phillip C. Jamerson reported buying 589 shares of common stock on 11/18/2025 at $16.75 per share. Following this open‑market purchase, he beneficially owns 16,076 shares of BOTJ common stock held directly.
Bank of the James Financial Group (BOTJ) reported stronger quarterly results. Q3 2025 net income rose to $2.75 million from $1.99 million a year ago, with EPS of $0.61 versus $0.44. Net interest income improved to $8.30 million (from $7.51 million) as total interest expense fell to $3.47 million (from $4.05 million). Noninterest income was $4.17 million led by mortgage gains ($1.24 million) and wealth management fees ($1.36 million). Year‑to‑date net income was $6.30 million, roughly flat with 2024.
Total assets reached $1.02 billion (from $979.24 million at year‑end), loans net were $653.29 million (from $636.55 million), and deposits were $919.80 million (from $882.40 million). Accumulated other comprehensive loss improved to $(15.74) million from $(22.92) million, reflecting $7.17 million in other comprehensive income year‑to‑date. The company repaid its $10.05 million 2020 subordinated notes at maturity and modified its NBB note: extended to August 31, 2030, rate 5.65%, with about $61,800 monthly installments and a final balloon of about $7.41 million; outstanding principal was about $8.8 million at quarter‑end.
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 (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.