Bank of the James Financial Group, Inc. (BOTJ)

BOTJ Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	33.5	31.38	26.18	26.53	28.02	27.56
Interest Income on Investments	10.04	7.98	5.68	2.65	1.67	2.26
Total Interest Income	43.55	39.36	31.85	29.18	29.69	29.82
Interest Paid on Deposits	13.82	8.78	1.29	1.67	4.15	4.99
Interest Paid on Borrowings	0.78	0.84	0.86	0.43	0.39	0.27
Total Interest Expense	14.61	9.62	2.15	2.1	4.54	5.26
Net Interest Income	28.94	29.74	29.7	27.08	25.15	24.55
Net Interest Income Growth (YoY)	-5.55%	0.12%	9.69%	7.69%	2.42%	5.94%
Trust Income	4.68	4.2	3.93	-	-	-
Gain (Loss) on Sale of Investments	0.67	-	-0	-	0.64	0.39
Other Non-Interest Income	4.75	4.73	4.06	2.94	2.52	2.54
Total Non-Interest Income	14.5	12.87	13.24	11.21	10.98	7.19
Non-Interest Income Growth (YoY)	16.80%	-2.85%	18.16%	2.13%	52.69%	37.31%
Revenues Before Loan Losses	43.44	42.61	42.95	38.29	36.12	31.74
Provision for Loan Losses	-0.49	-0.18	-0.9	-0.5	2.55	0.52
Revenue	43.92	42.79	43.85	38.79	33.57	31.22
Revenue Growth (YoY)	1.36%	-2.42%	13.04%	15.53%	7.55%	12.72%
Salaries and Employee Benefits	19.27	18.31	17.68	16.27	14.62	12.99
Federal Deposit Insurance	0.43	0.42	0.5	0.55	0.34	0.23
Amortization of Goodwill & Intangibles	0.56	0.56	0.56	-	-	-
Selling, General & Administrative	11.27	10.98	10.86	9.8	8.93	8.76
Other Non-Interest Expense	2.49	2.2	2.92	2.61	2.36	1.94
Total Non-Interest Expense	34.02	32.51	32.74	29.34	26.69	24.28
EBT Excluding Unusual Items	9.91	10.28	11.11	9.45	6.88	6.93
Pretax Income	9.91	10.28	11.11	9.45	6.18	6.93
Income Tax Expense	1.47	1.58	2.15	1.86	1.2	1.33
Net Income	8.43	8.7	8.96	7.59	4.98	5.61
Net Income to Common	8.43	8.7	8.96	7.59	4.98	5.61
Net Income Growth	-1.36%	-2.85%	18.05%	52.39%	-11.15%	5.71%
Basic Shares Outstanding	5	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5	5
Shares Change (YoY)	-0.88%	-2.89%	-1.05%	-0.58%	-0.91%	0.07%
EPS (Basic)	1.86	1.91	1.91	1.60	1.04	1.16
EPS (Diluted)	1.86	1.91	1.91	1.60	1.04	1.16
EPS Growth	-0.48%	0.04%	19.30%	53.69%	-10.62%	5.78%
Dividend Per Share	0.400	0.340	0.290	0.274	0.255	0.227
Dividend Growth	25.00%	17.24%	5.84%	7.66%	11.97%	4.17%
Effective Tax Rate	14.85%	15.32%	19.36%	19.70%	19.40%	19.17%

Source: S&P Capital IQ. Banks template. Financial Sources.