---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-25-000214"
form_type: "8-K"
ticker: "BOTJ"
cik: "0001275101"
company_name: "BANK OF THE JAMES FINANCIAL GROUP INC"
filed_at: "2025-08-20T23:59:59+00:00"
generated_at: "2026-05-17T11:05:58.768304+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BOTJ amends $11M note: maturity extended to 2030, rate raised to 5.65%

## Summary
- Maturity of $11M secured note extended from Dec 2026 to Aug 31, 2030; interest rate increased to 5.65% from 3.90% as of Sept 1, 2025.
- Monthly P&I payments reduced to ~$61k from ~$81k; balloon payment of ~$7.4M due at maturity.
- Outstanding principal ~$8.9M as of Aug 31, 2025; note secured by ~4.95% of Bank's common stock.
- Borrower may request one-time recast of amortization if prepaying $1M or more.

## SEC filing metadata
- accession: 0001562762-25-000214
- form_type: 8-K
- ticker: BOTJ
- cik: 0001275101
- company_name: BANK OF THE JAMES FINANCIAL GROUP INC
- filed_at: 2025-08-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275101/000156276225000214/0001562762-25-000214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275101/000156276225000214/botj-20250818x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-25-000214
- JSON: https://secwatch.observer/filing/0001562762-25-000214.json
- Plain text: https://secwatch.observer/filing/0001562762-25-000214.txt

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