James River Bankshares - JRBK- Profile

James River Bankshares, Inc., main source of revenue is providing loans to customers who are predominantly small and middle-market bussinesses and individuals . The company is a multi bank holding company which operates through five subsidiaries, James River Bank, Bank of Suffolk, First Colonial Bank, James River Bank/Colonial, State Bank of Remington with twenty seven banking offices in southeastern Virginia. During 1999, the company acquired State Bank of Remington and colonial Loans, Inc. The company became publicly held in April 1994. Interest and fees on loans accounted for 73% of 1999 revenues; other interest income, 19% and non-interest income, 8%.