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Business Segments
 9 Months Ended
Sep. 30, 2021
Business Segments [Abstract]  
Business Segments Note 7 – Business Segments The Company has two reportable business segments: (i) a traditional full-service community banking segment and, (ii) a mortgage loan origination business. The community banking business segment includes Bank of the James which provides loans, deposits, investments and insurance to retail and commercial customers throughout Region 2000 and other areas within Central Virginia. The mortgage segment provides a variety of mortgage loan products principally within Region 2000. Mortgage loans are originated and sold in the secondary market through purchase commitments from investors with servicing released. Because of the pre-arranged purchase commitments, there is minimal risk to the Company. Both of the Company’s reportable segments are service based. The mortgage business is a gain on sale business while the Bank’s primary source of revenue is net interest income. The Bank also provides a referral network for the mortgage origination business. The mortgage business may also be in a position to refer its customers to the Bank for banking services when appropriate. Information about reportable business segments and reconciliation of such information to the consolidated financial statements for the three and nine months ended September 30, 2021 and 2020 was as follows (dollars in thousands): Note 7 – Business Segments (continued) Business Segments Community Banking Mortgage TotalFor the three months ended September 30, 2021 Net interest income$ 6,822 $ — $ 6,822 Provision for loan losses — — — Net interest income after provision for loan losses 6,822 — 6,822 Noninterest income 731 2,091 2,822 Noninterest expenses 5,776 1,522 7,298 Income before income taxes 1,777 569 2,346 Income tax expense 345 120 465 Net income$ 1,432 $ 449 $ 1,881 Total assets$ 935,482 $ 7,149 $ 942,631 For the three months ended September 30, 2020 Net interest income$ 6,203 $ — $ 6,203 Provision for loan losses 700 — 700 Net interest income after provision for loan losses 5,503 — 5,503 Noninterest income 605 2,459 3,064 Noninterest expenses 5,322 1,422 6,744 Income before income taxes 786 1,037 1,823 Income tax expense 151 218 369 Net income$ 635 $ 819 $ 1,454 Total assets$ 838,425 $ 10,704 $ 849,129 Community Banking Mortgage TotalNine months ended September 30, 2021 Net interest income$ 20,280 $ — $ 20,280 Provision for loan losses — — — Net interest income after provision for loan losses 20,280 — 20,280 Noninterest income 2,130 6,175 8,305 Noninterest expenses 16,985 4,439 21,424 Income before income taxes 5,425 1,736 7,161 Income tax expense 1,066 365 1,431 Net income$ 4,359 $ 1,371 $ 5,730 Total assets$ 935,482 $ 7,149 $ 942,631 Nine months ended September 30, 2020 Net interest income$ 18,257 $ — $ 18,257 Provision for loan losses 2,348 — 2,348 Net interest income after provision for loan losses 15,909 — 15,909 Noninterest income 2,453 5,586 8,039 Noninterest expenses 16,271 3,605 19,876 Income before income taxes 2,091 1,981 4,072 Income tax expense 386 416 802 Net income$ 1,705 $ 1,565 $ 3,270 Total assets$ 838,425 $ 10,704 $ 849,129