Bank of the James


Overview / Commentary
434-846-7285
615 Church Street
Lynchburg, VA 24504

Bank of the James is headquartered in Lynchburg and is the 29th largest bank in the state of Virginia. It is also the 1,062nd largest bank in the nation. It was established in 1999 and as of December of 2019, it had grown to 155 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
Employees155
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.86%
Return on Equity - YTD9.48%
Annual Interest Income$29.8MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$725.7MM$675.3MM
LoansQ4 2019vs Q4 2018$577.5MM$531.7MM
DepositsQ4 2019vs Q4 2018$650.0MM$612.8MM
Equity CapitalQ4 2019vs Q4 2018$66.3MM$59.8MM
Loan Loss AllowanceQ4 2019vs Q4 2018$4.8MM$4.6MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.3MM$2.4MM
Real Estate OwnedQ4 2019vs Q4 2018$2.3MM$2.4MM
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.