Bank of The James Financial Group Inc
bankofthejames.bankWhat Do They Do?
Provides retail and commercial banking and mortgage loans to consumers and businesses, plus investment advice through its advisory subsidiary.
10-K for FY2025, filed Mar 27, 2026Financial is a bank holding company headquartered in Lynchburg, Virginia. Our primary business is retail banking which we conduct through…View ↗
Lending Services. The Bank offers a full range of short- to medium-term commercial and consumer loans. Our primary focus is on making loans…View ↗
Mortgage Banking. The Bank, through the Mortgage Division, originates conforming and non-conforming home mortgages primarily in the Region…View ↗
Investment Advisory Services. We provide investment advisory services through Financial’s wholly-owned subsidiary, Pettyjohn, Wood & White…View ↗
How Do They Make Money?
The bank earns interest on loans and investments and charges account, transaction, and advisory fees. Account fees are paid immediately or at month-end, while advisory fees are typically paid at quarter-end.
10-K for FY2025, filed Mar 27, 2026Although we intend to increase other sources of revenue, our operating results depend primarily upon the Bank’s net interest income, which…View ↗
Service charges on deposit accounts consist of account analysis fees (e.g., net fees earned on analyzed business checking accounts)…View ↗
Fees, exchange, and other service charges are primarily comprised of debit and credit card income, ATM fees, merchant services income…View ↗
Wealth management fees are generated almost entirely by PWW, the Company’s investment advisory subsidiary, which provides continuous…View ↗
$4.3M
-
10-K for FY2025, filed Mar 27, 2026
$4.3M ↗
Who Are Their Customers?
Individuals and organizations open deposit accounts with the bank; consumers and small and medium-sized businesses borrow from it. The bank also originates home mortgages and provides investment advice through its mortgage division and advisory subsidiary.
10-K for FY2025, filed Mar 27, 2026Deposit Services. Deposits are a major source of our funding. The Bank offers a full range of deposit services that are typically available…View ↗
Lending Services. The Bank offers a full range of short- to medium-term commercial and consumer loans. Our primary focus is on making loans…View ↗
Mortgage Banking. The Bank, through the Mortgage Division, originates conforming and non-conforming home mortgages primarily in the Region…View ↗
Investment Advisory Services. We provide investment advisory services through Financial’s wholly-owned subsidiary, Pettyjohn, Wood & White…View ↗
Do Revenues Turn Into Profits?
Yes. Its net income in FY2025 was larger than its revenue and turned 246 cents into free cash flow.
How Are They Changing?
Growing. Revenue grew 71% in 4 years, from $2.5M in FY2021 to $4.3M in FY2025, about 14% a year.
Loading...
