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Condensed Financial Statements Of Parent Company
 12 Months Ended
Dec. 31, 2011
Condensed Financial Statements Of Parent Company [Abstract]  
Condensed Financial Statements Of Parent Company

Note 22 – Condensed financial statements of parent company

Financial information pertaining only to Bank of the James Financial Group, Inc. is as follows:

             
Balance Sheet            
    December 31,        
    2011     2010  
Assets            
Cash $ 229   $ 597  
Taxes receivable   243     236  
 
Investment in subsidiaries            
Bank of the James   33,408     31,424  
BOTJ Investment Group, Inc.   -     279  
Total investment in subsidiaries   33,408     31,703  
Total assets $ 33,880   $ 32,536  
Liabilities and stockholders' equity            
 
Capital notes, 6% due 4/2012 $ 7,000   $ 7,000  
Other liabilities   75     41  
Total liabilities   7,075     7,041  
 
Common stock $2.14 par value $ 7,152   $ 7,113  
Additional paid-in-capital   22,775     22,742  
Retained (deficit)   (3,068 )   (3,668 )
Accumulated other comprehensive (loss)   (54 )   (692 )
Total stockholders' equity $ 26,805   $ 25,495  
 
Total liabilities and stockholders' equity $ 33,880   $ 32,536  

 


             
Statements of Income            
    Years Ended December 31,  
    2011   2010  
Income $ -   $ -  
Operating expenses            
Interest on capital notes   420     420  
Legal and professional fees   378     77  
Other expense   22     -  
Total expenses $ (820 ) $ (497 )
Allocated income tax benefits $ 353   $ 169  
(Loss) before equity in undistributed income of subsidiaries $ (467 ) $ (328 )
Equity in undistributed income - Bank of the James $ 1,346   $ 2,224  
Equity in undistributed (loss) - BOTJ Investment Group, Inc.   (279 )   (76 )
Net income $ 600   $ 1,820  

 


             
Statements of Cash Flows            
    Years Ended December 31,  
    2011   2010  
 
Cash flows from operating activities            
Net income $ 600   $ 1,820  
 
Adjustments to reconcile net income to net cash used in operating            
activities            
(Increase) in income taxes receivable   (7 )   (169 )
Increase in other liabilities   34     41  
Equity in undistributed net (income) of Bank of the James   (1,346 )   (2,224 )
Equity in undistributed net loss of BOTJ Investment Group, Inc.   279     76  
 
Net cash used in operating activities $ (440 ) $ (456 )
 
Cash flows from financing activities            
Proceeds from exercise of stock options   72     138  
 
Net cash provided by financing activities $ 72   $ 138  
 
(Decrease) in cash and cash equivalents $ (368 ) $ (318 )
 
Cash and cash equivalents at beginning of period   597     915  
 
Cash and cash equivalents at end of period $ 229   $ 597