---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-22-000392"
form_type: "8-K"
ticker: "BOTJ"
cik: "0001275101"
company_name: "BANK OF THE JAMES FINANCIAL GROUP INC"
filed_at: "2022-10-21T23:59:59+00:00"
generated_at: "2026-06-23T01:52:51.536094+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bank of the James posts record Q3 net income of $2.57M, EPS $0.55, up 37% YoY

## Summary
- Q3 2022 net income $2.57M ($0.55 diluted EPS) vs. $1.88M ($0.40) in Q3 2021; nine-month net income $7.01M ($1.48) vs. $5.73M ($1.21).
- Net interest income rose 16% YoY to $7.9M in Q3; net interest margin expanded to 3.43% from 2.93% a year earlier.
- Quarterly dividend increased 14% to $0.08/share, payable Dec 9, 2022 to holders of record Nov 25, 2022.
- Repurchased 112,000 shares in Q3 for $1.4M (avg. $12.51/share); book value fell to $10.44 from $14.65 due to AFS securities mark-to-market.
- Asset quality strong: NPL/total loans 0.13%, allowance to loans 1.03%, and $300K recovery of loan losses in Q3.

## SEC filing metadata
- accession: 0001562762-22-000392
- form_type: 8-K
- ticker: BOTJ
- cik: 0001275101
- company_name: BANK OF THE JAMES FINANCIAL GROUP INC
- filed_at: 2022-10-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275101/000156276222000392/0001562762-22-000392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275101/000156276222000392/botj-20221018x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-22-000392
- JSON: https://secwatch.observer/filing/0001562762-22-000392.json
- Plain text: https://secwatch.observer/filing/0001562762-22-000392.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.