Business Context and Reporting Period
Company: Bank of the James Financial Group, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: September 20, 2011
Reporting Period: The filing reports on corporate governance events occurring on September 20, 2011.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing reports two material changes to corporate governance documents adopted by the Board of Directors on September 20, 2011:
- Code of Ethics Amendments: The Board adopted amendments to the Code of Ethics for Directors and Executive/Senior Officers. These changes clarify the internal reporting process for suspected violations and reaffirm the prohibition on retaliation against employees. The amendments align the Code with NASDAQ Listing Rules and supersede the version adopted on April 14, 2005.
- Audit Committee Charter Amendments: The Board adopted amendments to the Audit Committee Charter to align it more closely with NASDAQ Listing Rules.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. No specific risks or contingencies are disclosed in this report, other than the general context of aligning governance with regulatory requirements.
Investor Verification Checklist
- Verify the full text of the amended Code of Ethics (Exhibit 14.1) and Audit Committee Charter (Exhibit 99.1) filed with this report.
- Confirm the posting of these documents on the company's website under the "Investor Relations" section at www.bankofthejames.com.
- Note that this filing is non-financial and does not impact the company's reported financial position or results of operations.