Bank Of The James Financial Group Q4 Profit Declines - Quick Facts

(RTTNews) - Bank of the James Financial Group Inc. (BOTJ) reported that its fourth-quarter net income was $663,000 or $0.20 per share, compared to $747,000 or $0.22 per share last year.

In the fourth quarter, net interest income after provision for loan losses was $3.89 million compared with $3.50 million in the prior year quarter, while non-interest income was $840,000 million, compared to $1.05 million in the comparable quarter last year.

The company's provision for loan losses was $250,000 in fourth quarter 2013, compared with $513,000 million in fourth quarter 2012.