Bank of the James Financial Group, Inc. (BOJF.OB) Announces Results for 4th Quarter 2007
Bank of the James Financial Group, Inc (BOJF.OB), announced fiscal results for the fourth quarter 2007. Specifically, the company reported total net income after tax of $607,000 or $0.24 per basic share for the quarter ended December 31, 2007 and $2,084,000 or $0.82 per basic share year-to-date. Compared to net income of $565,000, or $0.25 per basic share, and $1,765,000, or $0.80 per basic share, for the respective periods a year ago, this represents an increase of 18%. Non interest income increased from $2,314,000 in the year ended December 31, 2006 to $2,751,000 in the year ended December 31, 2007,…