BANK OF THE JAMES FILES 8-K FOR 'OTHER EVENT' ON JAN 16
Ticker: BOTJ · Form: 8-K · Filed: Jan 19, 2024 · CIK: 1275101
| Field | Detail |
|---|---|
| Company | Bank Of The James Financial Group Inc (BOTJ) |
| Form Type | 8-K |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $2.14, $0.10 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, other-events, compliance
TL;DR
**BOTJ filed a routine 8-K for an 'Other Event' on Jan 16, no major news.**
AI Summary
BANK OF THE JAMES FINANCIAL GROUP, INC. filed an 8-K on January 19, 2024, reporting an "Other Event" that occurred on January 16, 2024. This filing, under Item 8.01, indicates a routine disclosure of an event not specifically covered by other 8-K items, rather than a major financial or operational change. For investors, this filing itself doesn't signal a direct impact on the stock's value, but rather serves as a procedural update, confirming the company's compliance with SEC reporting requirements.
Why It Matters
This filing is a standard regulatory update, indicating the company is fulfilling its disclosure obligations. It doesn't reveal new financial performance or strategic shifts, so its direct impact on stock price is likely minimal.
Risk Assessment
Risk Level: low — The filing is for an 'Other Event' and does not disclose any adverse financial or operational information, suggesting a low risk to investors.
Analyst Insight
A smart investor would note this as a routine compliance filing and look for further details if the 'Other Event' is later clarified, but it doesn't warrant immediate action based solely on this 8-K.
Key Numbers
- $2.14 — Common Stock par value (This is the stated par value of the company's common stock.)
Key Players & Entities
- BANK OF THE JAMES FINANCIAL GROUP, INC. (company) — the registrant filing the 8-K
- January 16, 2024 (date) — the date of the earliest event reported
- January 19, 2024 (date) — the filing date of the 8-K
- $2.14 (dollar_amount) — par value of Common Stock
- BOTJ (company) — trading symbol for Common Stock
FAQ
What is the purpose of this 8-K filing by BANK OF THE JAMES FINANCIAL GROUP, INC.?
This 8-K filing, dated January 19, 2024, is a 'Current Report' under Section 13 or 15(d) of The Securities Exchange Act of 1934, reporting an 'Other Event' that occurred on January 16, 2024, as per Item 8.01.
What is the earliest event date reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 16, 2024.
What is the trading symbol and exchange for BANK OF THE JAMES FINANCIAL GROUP, INC.'s Common Stock?
The Common Stock of BANK OF THE JAMES FINANCIAL GROUP, INC. trades under the symbol BOTJ on The NASDAQ Capital Market.
What is the par value of the Common Stock mentioned in the filing?
The Common Stock has a par value of $2.14.
Is BANK OF THE JAMES FINANCIAL GROUP, INC. classified as an emerging growth company?
No, the filing indicates with an unchecked box that BANK OF THE JAMES FINANCIAL GROUP, INC. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 487 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-01-19 16:32:11
Key Financial Figures
- $2.14 — e on Which Registered Common Stock, $2.14 par value BOTJ The NASDAQ Capital M
- $0.10 — y declared a quarterly cash dividend of $0.10 per share of common stock. The dividend
Filing Documents
- botj-20240116x8k.htm (8-K) — 75KB
- botj-20240116xex99_1.htm (EX-99.1) — 13KB
- botj-20240116xex99_1g001.jpg (GRAPHIC) — 32KB
- 0001562762-24-000008.txt ( ) — 249KB
- botj-20240116.xsd (EX-101.SCH) — 2KB
- botj-20240116_lab.xml (EX-101.LAB) — 14KB
- botj-20240116_pre.xml (EX-101.PRE) — 10KB
- botj-20240116x8k_htm.xml (XML) — 5KB
01 – Other Events
Item 8.01 – Other Events On January 16, 2024, the Board of Directors of the Company declared a quarterly cash dividend of $0.10 per share of common stock. The dividend will be paid on or about March 1, 202 4, to stockholders of record as of the close of business on March 15, 2024. A copy of the Press Release announcing the dividend is attached hereto as Exhibit 99.1 .
01 - Financial Statements and Exhibits
Item 9.01 - Financial Statements and Exhibits (a) Financial statements of businesses acquired – not applicable (b) Pro forma financial information – not applicable (c) Shell company transactions – not applicable (d) Exhibits Exhibit No. Exhibit Description 99.1 Bank of the James Financial Group, Inc. Press Release dated January 19, 2024 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 19, 2024 BANK OF THE JAMES FINANCIAL GROUP, INC . By /s/ J. Todd Scruggs J. Todd Scruggs Secretary-Treasurer 2