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Bank of the James BOTJ · USD

Financials · US listing · 🇺🇸 United States

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24.79

+1.43%

Close of 9 Nov 2026, in USD

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About Bank of the James

From its filings with the US Securities and Exchange Commission

SEC filings

Bank of the James is based in Lynchburg, Virginia and is incorporated in Virginia. Its shares trade on Nasdaq under the ticker BOTJ. The SEC classifies its business as state commercial banks. In the fiscal year to 31 December 2025, it reported revenue of $4.3m and net income of $9.0m. At that date it held total assets of $1.04bn and shareholders' equity of $80.0m.

In its own words

Bank of the James Financial Group, Inc. (“Financial” or the “Company”) is a bank holding company headquartered in Lynchburg, Virginia. Financial was incorporated on October 3, 2003 to serve as the bank holding company for Bank of the James (the “Bank” or “Bank of the James”) and acquired all of the outstanding shares of the Bank in a statutory share exchange on a one-for-one basis effective January 1, 2004.

The Bank is a Virginia banking corporation headquartered in Lynchburg, Virginia. It 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 engages in general retail and commercial banking activities.

The Bank’s principal office is located at 828 Main Street, Lynchburg, Virginia 24504, and its telephone number is (434) 846-2000. The Bank’s website is www.bankofthejames.bank.

Financial conducts three principal activities: (1) general retail and commercial banking through Bank of the James; (2) mortgage brokerage services through Bank of the James Mortgage, a division of the Bank (the “Mortgage Division”); and (3) investment advisory (sometimes referred to as wealth management) services through its wholly-owned subsidiary, Pettyjohn, Wood & White, Inc. (“PWW”).

Quoted from its 10-K, filed 27 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Banks
Listed since
14 Jul 2000
Employees
163
Head office
P O BOX 1200, LYNCHBURG, VA, 24505
Incorporated in
VA
Classification
State Commercial Banks
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Michael SyrekPresident$511,005
  • Mr. Robert ChapmanPresident of Financial, Chief Executive Officer of the Bank, Director, since 1998$741,753
  • Mr. J. Todd ScruggsTreasurer of Financial, Executive Vice President, Chief Financial Officer of the Bank, Director, since 2004$512,923
  • Mr. John AlfordDirector$35,000
  • Mr. William BryantDirector$27,400
  • Mr. Lewis AddisonIndependent Director$25,000
  • Mr. A. Douglas DaltonIndependent Director$20,000
  • Ms. Julie DoyleIndependent Director$24,200
  • Mr. Watt FosterIndependent Director$30,800
  • Mr. Phillip JamersonIndependent Director$22,000
  • Ms. Lydia LangleyIndependent Director$39,400
  • Dr. Augustus PetticolasIndependent Director$40,500

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Bank of the James serves Central Virginia with 14 offices including Lynchburg and Roanoke.
  • The company offers full investment and insurance services through BOTJ Investment Services and BOTJ Insurance.
  • Bank of the James Mortgage provides mortgage loan origination services in the Central Virginia area.

Weaknesses

  • The company has only 163 employees, which may limit service capacity.
  • Bank of the James is limited to Central Virginia, restricting broader market reach.
  • The company's IPO date of 14 July 2000 indicates a long-standing but small-scale operation.

Opportunities

  • Expanding services to new segments like small businesses in Bedford and Forest areas.
  • Growing investment advisory services through Pettyjohn, Wood & Wh subsidiary.
  • Increasing online banking adoption among Central Virginia residents.

Threats

  • Competition from larger banks in Virginia's urban centers like Richmond.
  • Economic downturns affecting small business loans in Central Virginia.
  • Regulatory changes impacting banking services in the US Financials sector.

Sources and methodology

Data on this tab
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