J. Todd Scruggs compensation by year
BANK OF THE JAMES FINANCIAL Summary Compensation Table · all 9 fiscal years held| Component | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Salary | $240,000 | $265,252 | $0 | $265,252 | $285,000 | $293,550 | $301,894 | $321,518 | $321,518 |
| Bonus | $15,000 | $35,000 | $0 | $75,000 | $100,000 | $140,000 | $100,000 | $125,000 | $75,000 |
| Stock awards | $0 | $0 | $0 | — | — | — | — | $0 | $0 |
| Option awards | $0 | $0 | $0 | — | — | — | — | $0 | $0 |
| Non-equity incentive | $0 | $0 | $0 | — | — | — | — | $0 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 | — | — | — | — | $0 | $0 |
| All other | $59,861 | $61,465 | $0 | $71,555 | $78,895 | $61,965 | $72,566 | $66,405 | $118,548 |
| Total | $314,861 | $361,717 | $0 | $411,807 | $463,895 | $495,515 | $474,560 | $512,923 | $515,066 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: BANK OF THE JAMES FINANCIAL GROUP INC DEF 14A filed April 6, 2026, accession 0001275101-26-000013, and prior-year filings. Open the filing on EDGAR.
How this page was built: the BANK OF THE JAMES FINANCIAL GROUP INC filed document, accession 0001275101-26-000013. Every figure is read from that document and cited to the page and table it appears in. Filed April 6, 2026.
Equity holdings
unvested awards at FY2020 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 2,000 | $24,240 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in BANK OF THE JAMES FINANCIAL GROUP INC's FY2020 proxy; value at the fiscal year-end close, as the company printed it.
BANK OF THE JAMES FINANCIAL’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Robert Chapman III | President of Financial and Chief Executive Officer of the Bank | $873,895 |
| Michael Syrek | President of the Bank | $562,728 |
| J. Todd Scruggs · this page | Secretary-Treasurer of Financial and EVP and CFO of the Bank | $515,066 |
Board service
BANK OF THE JAMES FINANCIAL board · FY2021–FY2025How this board is paid
Company policy: BANK OF THE JAMES FINANCIAL pays directors a $8,000 cash retainer. As stated in BANK OF THE JAMES FINANCIAL's FY2025 proxy.
J. Todd Scruggs's compensation dossier, BANK OF THE JAMES FINANCIAL
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How this record is built
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