XML 48 R45.htm IDEA: XBRL DOCUMENT v3.20.1

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Measurements [Abstract]

Fair Value Assets Measured On Recurring Basis


			Fair Value at December 31, 2019
Description	Balance as of December 31, 2019		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
U.S. Treasuries	$1,964		$            -		$1,964		$            -
U.S. agency obligations	32,108		-		32,108		-
Mortgage-backed securities	10,264		-		10,264		-
Municipals	11,222		-		11,222		-
Corporates	4,097		-		4,097		-

Total available-for-sale securities	$59,655		$           -		$59,655		$           -




			Fair Value at December 31, 2018
Description	Balance as of December 31, 2018		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
U.S. Treasuries	$1,845		$           -		$1,845		$         -
U.S. agency obligations	23,267		-		23,267		-
Mortgage-backed securities	11,876		-		11,876		-
Municipals	12,009		-		12,009		-
Corporates	3,730		-		3,730		-

Total available-for-sale securities	$52,727		$           -		$52,727		$           -



Impaired Loans And Other Real Estate Owned Measured At Fair Value On A Nonrecurring Basis




			Fair Value at December 31, 2019
Description	Balance as of December 31, 2019		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)

Impaired loans*	$1,239		$           -		$           -			$1,239

Other real estate	$2,339		$           -		$          -			$2,339



*Includes loans charged down to the net realizable value of the collateral.




			Fair Value at December 31, 2018
Description	Balance as of December 31, 2018		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)

Impaired loans*	$1,587		$           -		$           -			$1,587

Other real estate	$2,430		$           -		$          -			$2,430



*Includes loans charged down to the net realizable value of the collateral.

Information Regarding Quantitative Inputs Used To Value Assets Classified As Level 3

	Quantitative information about Level 3 Fair Value Measurements for December 31, 2019 (dollars in thousands)
	Fair Value		Valuation Technique(s)	Unobservable Input	Range (Weighted Average)
Impaired loans	$   1,239		Discounted appraised value	Selling cost	0% - 10% (8%)
				Discount for lack of marketability and age of appraisal	0% - 20% (6%)
OREO	$   2,339		Discounted appraised value	Selling cost	0% - 10% (6%)
				Discount for lack of marketability and age of appraisal	0% - 25% (15%)




	Quantitative information about Level 3 Fair Value Measurements for December 31, 2018 (dollars in thousands)
	Fair Value		Valuation Technique(s)	Unobservable Input	Range (Weighted Average)
Impaired loans	$   1,587		Discounted appraised value	Selling cost	0% - 10%  (8%)
				Discount for lack of marketability and age of appraisal	0% - 20%  (6%)
OREO	$   2,430		Discounted appraised value	Selling cost	0% - 10%  (6%)
				Discount for lack of marketability and age of appraisal	0% - 25%  (15%)



Fair Value Carrying And Notional Amounts


			Fair Value Measurements at December 31, 2019 using
			Quoted Prices		Significant
			in Active		Other		Significant
			Markets for		Observable		Unobservable
	Carrying		Identical Assets		Inputs		Inputs
Assets	Amounts		(Level 1)		(Level 2)		(Level 3)		Balance
   Cash and due from banks	$30,794		$30,794		$      -		$      -		$30,794
   Fed funds sold	8,317		8,317		-		-		8,317
Securities
      Available-for-sale	59,655		-		59,655		-		59,655
      Held-to-maturity	3,688		-		3,861		-		3,861
   Restricted stock	1,506		-		1,506		-		1,506
   Loans, net	573,274		-		-		569,850		569,850
   Loans held for sale	4,221		-		4,221		-		4,221
   Interest receivable	1,866		-		1,866		-		1,866
   BOLI	13,686		-		13,686		-		13,686
Liabilities
   Deposits	$649,459		$       -		$651,479		$      -		$651,479
   Capital notes	5,000		-		4,795		-		4,795
   Interest payable	173		-		173		-		173


			Fair Value Measurements at December 31, 2018 using
	Carrying
Assets	Amounts		(Level 1)		(Level 2)		(Level 3)		Balance
   Cash and due from banks	$26,725		$26,725		$      -		$      -		$26,725
   Fed funds sold	23,600		23,600		-		-		23,600
   Securities
      Available-for-sale	52,727		-		52,727		-		52,727
      Held-to-maturity	3,700		-		3,515		-		3,515
   Restricted stock	1,462		-		1,462		-		1,462
   Loans, net	530,016		-		-		522,782		522,782
   Loans held for sale	1,670		-		1,670		-		1,670
   Interest receivable	1,742		-		1,742		-		1,742
   BOLI	13,359		-		13,359		-		13,359
Liabilities
   Deposits	$612,043		$       -		$612,532		$      -		$612,532
   Capital notes	5,000		-		4,710		-		4,710
   Interest payable	127		-		127		-		127



X

- Definition

Impaired Loans And Other Real Estate Owned Measured At Fair Value On A Nonrecurring Basis [Table Text Block]

+ References

No definition available.

+ Details

Name:	botj_ImpairedLoansAndOtherRealEstateOwnedMeasuredAtFairValueOnNonrecurringBasisTableTextBlock
Namespace Prefix:	botj_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration