secwatch.observer — SEC 8-K summary
======================================

Issuer:     BANK OF THE JAMES FINANCIAL GROUP INC (BOTJ)
CIK:        0001275101
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0001562762-25-000191
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of the James Q2 net income $2.7M ($0.60 EPS); net interest margin expands to 3.45%
--------------------------------------------------------------------------------

- Q2 net income $2.7M ($0.60/share) vs $2.15M ($0.47) a year earlier; H1 net income $3.55M ($0.79) vs $4.34M ($0.95).
- Net interest margin 3.45% (Q2) vs 3.02% prior year; interest expense down 12% YoY.
- Loans net of allowance grew to $649M from $636.5M at year-end 2024; CRE loans $355.7M.
- Retired $10M capital notes in Q2, saving ~$327K annual interest; bank well-capitalized with Tier 1 leverage 8.85%.
- Board declared $0.10/share quarterly dividend, payable Sept 26, 2025 to holders of record Sept 12, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275101/000156276225000191/0001562762-25-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275101/000156276225000191/botj-20250804x8k.htm
  HTML page:      https://secwatch.observer/filing/0001562762-25-000191

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer