Bank of the James Financial (BOTJ) - 2022 Q4 - Annual Report

Table of Contents A significant percentage of our loans are commercial and industrial loans. Although our portfolio of commercial and industrial loans has decreased during the past year, that category has generally increased over the past several years and we continue to focus on commercial and industrial loans. While we intend to originate these types of loans in a manner that is consistent with safety and soundness, these nonresidential loans generally expose us to greater risk of loss than one- to four-f ...