BANK OF THE JAMES FINANCIAL GROUP INC BOTJ Income Statement

Bank of the james financial group inc (BOTJ)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest Income
Loans
27,910	27,559	27,057	26,437	25,816	24,836	24,074	23,297	22,567	22,081	21,605	21,149	20,691	20,481	20,235	19,976	19,727	19,377	18,956	18,441	17,951	17,511	17,258	17,018	16,949	16,924	16,839	16,958	16,937	16,998	17,094	17,117	17,323	17,572	18,181	18,828	0	0	0
Securities
US Government and agency obligations
757	755	734	745	747	760	756	700	635	550	476	449	453	479	511	551	569	570	559	587	618	658	719	729	727	737	717	754	823	913	998	1,018	981	939	962	1,073	0	0	0
Mortgage backed securities
218	220	231	239	249	256	281	290	301	299	249	224	215	201	203	187	137	95	69	52	59	82	114	126	111	82	40	17	14	23	49	141	281	384	411	318	0	0	0
Municipals - taxable
309	312	318	322	323	324	325	325	323	313	297	279	234	199	164	130	117	108	128	154	196	244	83	152	229	308	585	643	673	675	679	637	590	524	412	350	0	0	0
Municipals - tax exempt
-	3	3	5	7	7	7	12	21	29	38	41	42	41	42	42	42	42	43	49	74	111	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends
84	93	94	94	84	74	71	69	74	73	70	69	68	67	66	66	68	67	66	65	62	63	62	61	60	59	61	61	61	60	56	55	53	52	31	50	0	0	0
Other (Corporates)
94	94	94	94	94	94	94	95	101	105	103	83	56	35	19	17	16	11	14	20	29	43	49	57	58	59	62	63	68	58	40	23	12	25	45	63	0	0	0
Interest bearing deposits
299	326	329	301	283	227	180	141	102	82	56	48	40	31	33	23	18	14	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal Funds sold
399	454	470	477	447	393	307	256	187	133	99	58	43	34	22	21	17	18	16	17	19	17	19	24	26	30	32	30	28	26	23	21	23	23	24	21	0	0	0
Total interest income
30,070	29,816	29,331	28,715	28,050	26,971	26,095	25,185	24,311	23,665	22,993	22,400	21,842	21,568	21,295	21,013	20,711	20,302	19,860	19,391	19,010	18,729	18,632	18,479	18,436	18,428	18,336	18,526	18,604	18,753	18,939	19,012	19,263	19,519	20,066	20,703	0	0	0
Interest Expense
Deposits
NOW, money market savings
1,557	1,537	1,359	1,206	1,075	961	876	801	745	722	692	659	623	590	562	539	523	509	497	492	490	486	489	485	488	494	499	542	627	708	824	1,013	1,268	1,675	2,148	2,500	0	0	0
Time Deposits
3,654	3,456	3,232	2,985	2,784	2,617	2,468	2,326	2,187	2,071	1,962	1,882	1,807	1,742	1,674	1,640	1,620	1,552	1,419	1,277	1,183	1,152	1,191	1,226	1,246	1,268	1,309	1,366	1,441	1,539	1,618	1,681	1,717	1,725	1,818	1,959	0	0	0
Federal Funds purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	4	4	5	5	2	7	8	8	9	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0
FHLB borrowings
-	-	-	-	-	17	0	0	0	-	-	-	-	-	-	-	-	28	47	66	82	76	76	76	76	76	76	107	163	218	273	298	298	297	298	297	0	0	0
Finance leases
0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reverse repurchase agreements
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	2	0	0	0	-	-	-	-	15	35	56	74	75	85	96	0	0	0
Capital notes
200	200	200	200	200	200	0	0	0	-	-	-	-	-	-	-	-	600	600	600	600	600	600	600	600	600	599	598	581	536	492	448	420	420	420	420	0	0	0
Total interest expense
5,512	5,264	4,832	4,391	4,075	3,795	3,561	3,357	3,146	2,993	2,804	2,628	2,467	2,344	2,398	2,492	2,609	2,691	2,571	2,444	2,364	2,325	2,362	2,391	2,414	2,439	2,483	2,613	2,812	3,016	3,242	3,496	3,777	4,192	4,769	5,274	0	0	0
Net interest income
24,558	24,552	24,499	24,324	23,975	23,176	22,534	21,828	21,165	20,672	20,189	19,772	19,375	19,224	18,897	18,521	18,102	17,611	17,289	16,947	16,646	16,404	16,270	16,088	16,022	15,989	15,853	15,913	15,792	15,737	15,697	15,516	15,486	15,327	15,297	15,429	0	0	0
Provision for loan losses
1,201	523	623	705	904	716	775	785	915	993	1,762	1,707	1,512	1,612	600	575	382	282	277	157	100	55	305	305	360	540	803	1,404	1,774	2,289	3,826	4,497	4,978	4,807	3,357	2,533	0	0	0
Net interest income after provision for loan losses
23,357	24,029	23,876	23,619	23,071	22,460	21,759	21,043	20,250	19,679	18,427	18,065	17,863	17,612	18,297	17,946	17,720	17,329	17,012	16,790	16,546	16,349	15,965	15,783	15,662	15,449	15,050	14,509	14,018	13,448	11,871	11,019	10,508	10,520	11,940	12,896	0	0	0
Noninterest income
Gain on sales of loans held for sale
4,740	4,254	3,761	3,191	2,989	2,918	3,031	2,958	2,683	2,434	2,331	2,230	2,313	2,433	2,284	2,314	2,246	2,278	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges, fees and commissions
1,834	1,785	1,844	1,842	1,846	1,871	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,515	1,292	1,225	1,255	1,294	1,401	1,350	1,257	1,180	1,028	982	1,042	1,239	1,311	0	0	0
Service charges, fees and commissions
-	-	-	-	-	-	-	-	-	-	-	1,538	1,457	1,444	1,434	1,458	1,444	1,390	1,379	1,304	1,320	1,352	1,407	1,436	1,397	1,350	1,298	1,264	1,250	1,230	1,185	1,188	1,149	1,149	1,175	1,234	0	0	0
Life insurance income
674	679	333	338	339	341	342	342	344	345	346	335	313	292	271	264	267	269	272	274	278	282	286	291	295	299	304	310	316	323	330	303	276	249	222	227	0	0	0
Other
82	76	99	115	94	105	89	78	84	76	84	105	126	132	142	212	212	207	195	108	91	94	98	122	123	118	126	100	103	134	94	93	80	58	84	79	0	0	0
Gain on sales and calls of securities, net
0	-	0	-	-	-	-	-	-	113	169	328	439	494	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales of available-for-sale securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	96	178	143	137	142	191	456	668	898	892	674	827	1,152	1,192	1,182	864	445	0	0	0
Total noninterest income
8,155	7,188	6,328	5,486	5,268	5,235	5,289	5,289	5,052	4,727	4,574	4,536	4,648	4,795	4,575	4,492	4,254	4,193	4,207	3,938	3,817	3,587	3,443	3,283	3,231	3,478	3,690	3,973	3,911	3,618	3,616	3,764	3,679	3,680	3,584	3,296	0	0	0
Noninterest expenses
Salaries and employee benefits
13,518	13,092	12,318	11,815	11,494	11,279	11,096	10,781	10,345	10,012	9,827	9,607	9,373	9,230	9,098	8,915	8,881	8,727	8,519	8,362	8,138	7,940	7,671	7,448	7,270	7,161	7,129	6,982	6,802	6,529	6,045	5,899	5,744	5,668	6,039	6,255	0	0	0
Occupancy
1,670	1,655	1,631	1,605	1,548	1,522	1,509	1,511	1,516	1,493	1,469	1,412	1,352	1,312	1,271	1,240	1,247	1,204	1,205	1,190	1,190	1,214	1,225	1,240	1,213	1,205	1,185	1,163	1,169	1,150	1,128	1,120	1,101	1,091	1,088	1,048	0	0	0
Equipment
2,258	2,107	1,930	1,817	1,679	1,600	1,566	1,512	1,552	1,521	1,484	1,440	1,316	1,287	1,261	1,305	1,295	1,275	1,260	1,222	1,246	1,234	1,220	1,157	1,069	1,043	1,003	994	999	991	1,006	1,019	1,030	1,038	1,076	1,086	0	0	0
Supplies
562	597	602	563	561	548	543	552	535	520	524	510	495	480	461	442	442	419	397	389	378	387	389	381	377	362	359	353	363	386	371	384	389	365	386	377	0	0	0
Professional, data processing, and other outside expense
3,541	3,432	3,374	3,248	3,226	3,226	3,096	3,070	2,930	2,795	2,784	2,745	2,749	2,731	2,640	2,535	2,394	2,218	2,110	2,112	2,114	2,241	2,350	2,339	2,346	2,294	2,221	2,147	2,096	2,033	2,137	2,186	2,164	2,139	1,927	1,771	0	0	0
Marketing
857	866	768	705	616	611	635	682	731	739	784	750	715	686	642	561	508	465	451	467	451	472	435	415	378	367	308	314	364	382	375	395	358	333	384	351	0	0	0
Credit expense
722	653	629	574	530	528	458	473	498	467	512	467	436	425	370	354	311	301	283	269	256	220	222	197	211	229	225	232	224	225	244	226	241	257	286	313	0	0	0
Other real estate expenses
326	366	381	291	376	277	246	178	116	88	89	99	79	68	79	90	118	122	140	86	154	206	272	323	484	506	290	816	829	798	1,360	812	0	-	0	0	-	-	-
Other real estate expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
FDIC insurance expense
189	226	374	386	391	398	389	384	373	375	373	371	374	363	366	361	349	331	318	308	306	262	327	393	459	573	576	578	579	579	579	579	576	661	805	853	0	0	0
Other
1,238	1,289	1,237	1,231	1,145	1,075	1,108	1,053	1,050	1,036	1,022	1,002	1,012	1,012	1,037	1,091	1,030	1,003	933	832	826	812	802	849	849	838	992	924	966	1,071	760	894	980	873	1,045	994	0	0	0
Other real estate expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Amortization of tax credit investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Total noninterest expenses
24,881	24,283	23,244	22,235	21,566	21,064	20,646	20,196	19,646	19,046	18,868	18,403	17,901	17,594	17,339	17,008	16,689	16,179	15,863	15,484	15,306	15,235	15,160	14,989	14,903	14,825	14,535	14,750	14,638	14,391	14,239	14,162	13,807	13,693	13,636	13,237	0	0	0
Income before income taxes
6,631	6,934	6,960	6,870	6,773	6,631	6,402	6,136	5,656	5,360	4,133	4,198	4,610	4,813	5,533	5,430	5,285	5,343	5,356	5,244	5,057	4,701	4,248	4,077	3,990	4,102	4,205	3,732	3,291	2,675	1,248	621	380	507	1,888	2,955	0	0	0
Income tax expense
1,265	1,329	1,400	1,380	1,360	1,329	2,215	2,338	2,371	2,438	1,278	1,303	1,451	1,527	1,715	1,684	1,633	1,651	1,538	1,495	1,422	1,288	1,124	1,054	1,013	1,042	1,060	861	731	543	81	-71	-145	-93	564	925	0	0	0
Net Income
5,366	5,605	5,560	5,490	5,413	5,302	4,187	3,798	3,285	2,922	2,855	2,895	3,159	3,286	3,818	3,746	3,652	3,692	3,818	3,749	3,635	3,413	3,124	3,023	2,977	3,060	3,145	2,871	2,560	2,132	1,167	692	525	600	1,324	2,030	0	0	0
Weighted average shares outstanding - basic
4,348	4,367	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	-	3,371	3,371	3,371	3,367	3,364	3,364	3,364	3,356	3,352	3,352	3,352	3,345	3,342	3,342	3,342	3,328	3,323	3,323	3,323	3,301	3,296
Weighted average shares outstanding- diluted
4,348	4,377	4,385	4,383	4,380	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	4,378	-	3,371	3,371	3,371	3,367	3,364	3,364	3,364	3,356	3,356	3,353	3,352	3,345	3,342	3,343	3,342	3,303	3,327	3,331	3,336	3,336	3,338
Earnings per common share - basic
0.23	0.35	0.34	0.31	0.28	0.33	0.32	0.30	0.26	0.09	0.23	0.18	0.17	0.07	0.24	0.24	0.20	0.23	0.29	0.28	0.27	0.28	0.27	0.25	0.21	0.19	0.24	0.24	0.24	0.22	0.16	0.15	0.11	-	0.02	-	-	0.15	-
Earnings per common share - diluted
0.23	0.35	0.34	0.31	0.28	0.33	0.32	0.30	0.26	0.09	0.23	0.18	0.17	0.07	0.24	0.24	0.20	0.23	0.29	0.28	0.27	0.28	0.27	0.25	0.21	0.19	0.24	0.24	0.24	0.22	0.16	0.15	0.11	-	0.02	-	-	0.15	-
Income per common share - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	0.13	-	0.23