Bank of the James


Overview / Commentary
434-846-2000
615 Church Street
Lynchburg, VA 24504

Bank of the James is headquartered in Lynchburg and is the 33rd largest bank in the state of Virginia. It is also the 1,060th largest bank in the nation. It was established in 1999 and as of December of 2020, it had grown to 146 employees at 18 locations. Bank of the James has an A health rating.

Reviews (1)

Best local bank in central Va

Posted by: |

For the most part, I always get great customer service when I walk in to any of these local branches. At my typical branch, someone always greets me and opens the door for me, making me feel relaxed and positive before I even begin my transaction. I have business accounts with them and I've had the pleasure of working with bankers on several occasions. Every time, they have been curious and been good listeners, ensuring that I get the most out of my accounts and with the least amount of fees. They fix my problems quickly and I don't have to wait around all day to talk to someone like I would at some larger banks. I am considering moving my personal accounts to them too but the main two things holding me back is that I like having locations across multiple states in case I am out of town, and they're mobile/web experience is not as strong and user friendly as some other big banks. It is important to me to be able to access accounts quickly online.



Health

Health Grade Components

Overall
FDIC Certificate #35207
Year Established1999
Employees146
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD7.81%
Annual Interest Income$29.7MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$851.8MM$725.7MM
LoansQ4 2020vs Q4 2019$609.0MM$577.5MM
DepositsQ4 2020vs Q4 2019$769.7MM$650.0MM
Equity CapitalQ4 2020vs Q4 2019$72.5MM$66.3MM
Loan Loss AllowanceQ4 2020vs Q4 2019$7.2MM$4.8MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$2.1MM$1.3MM
Real Estate OwnedQ4 2020vs Q4 2019$1.1MM$2.3MM
Rates

Sorry, we do not have rate data for Bank of the James.

Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.