Feb. 2 at 8:38 PM
$BOTJ 2 of 2 - Bank of the James reports Q4 EPS 45c vs. 42c last year
....Our longstanding emphasis on security, liquidity, capital strength, asset quality and superior customer service, which makes for strong relationships, proved critical in 2023. By maintaining exceptional asset quality, we maximized the value of revenues generated. We required minimal provisioning for credit losses, experienced nominal loan charge-offs, and maintained low levels of non-performing and watch-list loans. We concluded 2023 with no foreclosed real estate on our books. This speaks to the financial health and strength of our customers, and to our credit management practices."
