---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-23-000371"
form_type: "8-K"
ticker: "BOTJ"
cik: "0001275101"
company_name: "BANK OF THE JAMES FINANCIAL GROUP INC"
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:09:19.199997+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bank of the James Financial Group reports Q3 2023 net income of $2.08M and declares $0.08 dividend

## Summary
- Net income for Q3 2023 was $2.08 million ($0.46 per share) compared to $2.57 million in Q3 2022.
- For nine months ended Sept 30, 2023, net income was $6.60 million ($1.44 per share).
- Total deposits grew to $880.20 million as of Sept 30, 2023 from $848.14 million at Dec 31, 2022.
- Board declared quarterly cash dividend of $0.08 per share payable Dec 8, 2023 to holders of record Nov 24, 2023.
- Nonperforming loans remained low at 0.10% of total loans with no other real estate owned.

## SEC filing metadata
- accession: 0001562762-23-000371
- form_type: 8-K
- ticker: BOTJ
- cik: 0001275101
- company_name: BANK OF THE JAMES FINANCIAL GROUP INC
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275101/000156276223000371/0001562762-23-000371-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275101/000156276223000371/botj-20231017x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-23-000371
- JSON: https://secwatch.observer/filing/0001562762-23-000371.json
- Plain text: https://secwatch.observer/filing/0001562762-23-000371.txt

## Key facts
- Earnings Releases
  BANK OF THE JAMES FINANCIAL GROUP INC reported three and nine month periods ended September 30, 2023 results: net income $6.60 million or $1.44 per basic and diluted share, EPS $1.44 per basic and diluted share.
  - Period: three and nine month periods ended September 30, 2023
  - Net income: $6.60 million or $1.44 per basic and diluted share
  - EPS: $1.44 per basic and diluted share
  - Result: reported results
  source text: Net income for the three months ended September 30, 2023 was $2. 08 million or $0. 4 6 per basic and diluted share compared with $2. 57 million or $0. 55 per basic and diluted share for the three months ended September 30, 2022. Net income for the nine months ended September 30, 2023 was $ 6.60 million or $ 1.44 per basic and diluted share compared with $ 7.01 million or $ 1.48 per basic and diluted share for the nine months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1275101/000156276223000371/0001562762-23-000371-index.htm

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