BANK OF THE JAMES FINANCIAL GROUP INC (BOTJ) Form 10-Q — Aug 12, 2026
Bank of the James Financial Group reported Q2 2026 net income of $3.24 million, or $0.71 per basic and diluted share, up 19.8% from $2.70 million ($0.60) a year earlier, while first-half net income jumped 69.6% to $6.01 million ($1.32 per share). Net interest margin expanded to 3.71% from 3.45% as deposit costs repriced lower and total loans grew 3.7% year-to-date to $692.7 million, with noninterest income rising on wealth management fees, service charges, and mortgage gains. Credit quality improved markedly: nonperforming assets fell to $1.09 million (0.16% of loans) from $1.70 million at year-end, the allowance covered nonperforming loans 604.7%, and Bank-level CET1 rose to 11.80%.
Key figures
- Eps
- 0.71
- Net Income
- 3240000
- Total Debt
- 8671000
- Total Assets
- 1041307000
- Cash Position
- 35545000
- Shares Outstanding
- 4543338
- Cet1 Ratio
- 11.80%
- Six Month Eps
- 1.32
- Aum Growth Yo Y
- 17.4%
- Loan Growth YTD
- 3.7%
- Total Deposits
- 935184000
- Acl To Total Loans
- 0.95%
- Total Loans Ex HFS
- 692681000
- Six Month Net Income
- 6014000
- Uninsured Deposits
- 286760000
- Effective Tax Rate Q2
- 20.37%
- Tier1 Leverage Ratio
- 9.38%
- Net Interest Income Q2
- 9254000
- Net Interest Margin Q2
- 3.71%
- Nonperforming Assets
- 1091000
- Prior Year Q2 Net Income
- 2704000
- Q2 Net Income Growth Yo Y
- 19.8%
- Afs Unrealized Loss Pre Tax
- 21438000
- Return On Average Assets Q2
- 1.23%
- Return On Average Equity Q2
- 15.8%
- Uninsured Deposit Percent
- 30.66%
- Allowance For Credit Losses
- 6597000
- Pww Assets Under Management
- 1091367000
- Quarterly Dividend Per Share
- 0.1
- Net Interest Income Six Months
- 17988000
- Net Interest Margin Six Months
- 3.64%
- Provision For Credit Losses Q2
- 350000
- Six Month Net Income Growth Yo Y
- 69.6%
- Total Risk Based Capital Ratio
- 12.66%
- Acl To Nonperforming Loans Coverage
- 604.7%
Price after filing
Close on the filing date to close N calendar days later (from $27.51). Historical, not a forecast.
AI analysis
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