BANK OF THE JAMES FINANCIAL GROUP INC current report, 17 August 2005

Business Context and Reporting Period

This Form 8-K is a current report filed by BANK OF THE JAMES FINANCIAL GROUP INC on August 17, 2005. The report discloses a corporate governance event that occurred on July 14, 2005, involving the appointment of a new director.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.

Material Changes

The material change reported is the appointment of Mr. Watt R. Foster, Jr. as a new member of the Company's Board of Directors. Additionally, Mr. Foster was appointed to the Board of Directors of Bank of the James, the Company's wholly-owned subsidiary, and will serve on the Audit Committee.

Guidance, Outlook, and Risks

The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.

Key Facts for Investor Verification

  • Mr. Watt R. Foster, Jr. was appointed to the Board of Directors on July 14, 2005.
  • Mr. Foster serves on the Audit Committee of the parent company and the subsidiary, Bank of the James.
  • The report was signed by J. Todd Scruggs, Secretary-Treasurer, on August 17, 2005.