Bank of the James Financial Group Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 25, 2019 at 05:00 pm
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Bank of the James Financial Group Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net income was USD 1.475 million compared to USD 360,000 a year ago. Net income was USD 1.475 million compared to USD 192,000 a year ago. Basic earnings per share was USD 0.34 compared to USD 0 a year ago. Basic earnings per share was USD 0.34 compared to USD 0.08 a year ago. Diluted earnings per share was USD 0.34 compared to USD 82 a year ago. Net interest income was USD 6.052 million compared to USD 5.410 million a year ago. For the full year, net income was USD 5.302 million compared to USD 722,000 a year ago. Net income was USD 5.302 million compared to USD 2.922 million a year ago. Basic earnings per share was USD 1.21 compared to USD 13 a year ago. Basic earnings per share was USD 1.21 compared to USD 0.67 a year ago. Diluted earnings per share was USD 1.21 compared to USD 283 a year ago. Net interest income was USD 23.176 million compared to USD 20.672 million a year ago.
Bank of the James (the Bank) is a full-service commercial and retail bank. The Bank is a wholly owned subsidiary of Bank of the James Financial Group, Inc. The Bank is engaged in a general retail and commercial banking business. The Bankâs services include personal, business and online banking, loans, and investments. The Bank serves individuals, small and medium-sized businesses and professionals of the Central Virginia area from offices located in Altavista, Amherst, Appomattox, Bedford, Blacksburg, Charlottesville, Forest, Harrisonburg, Lexington, Lynchburg, Madison Heights, Roanoke, Rustburg, and Wytheville. The Bank offers full investment and insurance services through its BOTJ Investment Services division and BOTJ Insurance, Inc. subsidiary. It also provides mortgage loan origination through Bank of the James Mortgage, a division of Bank of the James. It also provides investment advisory services through its wholly owned subsidiary, Pettyjohn, Wood & White, Inc.
BANK OF THE JAMES FINANCIAL GROUP, INC. 
