secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF THE JAMES FINANCIAL GROUP INC (BOTJ)
CIK:        0001275101
Form:       8-K
Filed at:   2021-12-15T23:59:59+00:00
Accession:  0001562762-21-000490
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of the James to acquire Pettyjohn, Wood & White, an RIA with $650M+ AUM
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- Acquisition of Pettyjohn, Wood & White (PWW), an SEC-registered investment advisor with over $650M in AUM.
- Founders Gorham Wood (to remain President) and Charles White (EVP) signed long-term employment agreements.
- All administrative staff and account managers will continue, including Brian Blankship, Tom Gerhardt, Shep Nowlin.
- Company expects the transaction to increase earnings through higher non-interest income.
- No deal value disclosed; subject to customary closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275101/000156276221000490/0001562762-21-000490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275101/000156276221000490/botj-20211215x8k.htm
  HTML page:      https://secwatch.observer/filing/0001562762-21-000490

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