Bank of the James Financial Group BOTJ FDIC assessments
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Where this comes from
Reported directly by Bank of the James Financial Group in its filing.
Tagged under the XBRL concept us-gaap:FederalDepositInsuranceCorporationPremiumExpense.
The official record: Bank of the James Financial Group’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Bank of the James Financial Group's FDIC assessments?
- Bank of the James Financial Group (BOTJ) reported FDIC assessments of 13,600,000% in Q1 2026.
- How has Bank of the James Financial Group's FDIC assessments changed year-over-year?
- Bank of the James Financial Group's FDIC assessments decreased by 4.2% year-over-year, from 14,200,000% to 13,600,000%.
- What is the long-term trend for Bank of the James Financial Group's FDIC assessments?
- Over 4 years (2021 to 2025), Bank of the James Financial Group's FDIC assessments has grown at a -1.6% compound annual growth rate (CAGR), from 97,300,000% to 91,200,000%.
- What does FDIC assessments mean?
- Represents the mandatory insurance premiums paid to the Federal Deposit Insurance Corporation (FDIC) to protect customer deposits. This expense is a standard regulatory cost for banking institutions based on the size and risk profile of the deposit base. It is a critical component of the bank's noninterest expense structure.