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:   2023-07-21T23:59:59+00:00
Accession:  0001562762-23-000283
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of the James Q2 net income up 10% to $2.53M; declares $0.08 dividend
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- Q2 net income $2.53M ($0.56 EPS) vs $2.29M ($0.48 EPS) a year ago.
- Net interest income after recovery of credit losses $7.60M vs $7.42M.
- Noninterest income up 14% to $3.44M, driven by service charges and wealth management.
- Asset quality strong: NPLs/loans 0.07%, allowance 1.23%.
- Board declared $0.08 per share quarterly dividend, payable Sept 15, record Sept 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275101/000156276223000283/0001562762-23-000283-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275101/000156276223000283/botj-20230718x8k.htm
  HTML page:      https://secwatch.observer/filing/0001562762-23-000283

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