Bank of Botetourt
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Michelle R. Austin
- Full Time Employees
- 97
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 19747 Main Street Buchanan VA United States of America 24066
- IPO Date
- Mar 24, 2008
- Website
- bankofbotetourt.com
- Similar Companies
- Business
- Bank of Botetourt (OTCPK:BORT), a subsidiary of Botetourt Bankshares Inc., provides commercial banking services to individuals, and small- to medium-sized businesses in Virginia. The bank offers deposit products including checking accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; consumer loans such as auto loans, home equity lines of credit, unsecured personal loans, and household expenditure loans; mortgage products under the Virginia Mountain Mortgage trade name encompassing conventional, construction, single- and multifamily housing loans; commercial and agricultural loans including commercial real estate financing, equipment financing, secured term loans, lot loans, farm loans, agricultural production loans, and lines of credit; insurance products covering property, homeowner, flood, auto, truck, life, umbrella, cyber liability, data breach, and workers' compensation; wealth management services through Botetourt Wealth Management featuring financial and retirement planning, asset allocation, model management, business owner planning, finance management, charitable and estate planning; treasury management services; merchant services with point-of-sale options like Clover Mini, Clover Go, and virtual terminals supporting EMV chip cards, contactless payments, Google Pay, and Apple Pay; and digital banking solutions including online banking, mobile banking, telephone banking, remote deposit capture, debit cards, and bill payment services. Bank of Botetourt operates 13 full-service branches in Botetourt, Roanoke, Rockbridge, and Franklin counties, the cities of Salem and Roanoke, and the towns of Vinton and Buchanan, all located in Virginia; the bank was founded in 1899 as Bank of Buchanan, changed its name to Bank of Botetourt in 1995, and maintains its headquarters at 19747 Main Street in Buchanan, Virginia. Recent developments include the opening of new branches in Rocky Mount in 2024 and Melrose in 2025 to expand its geographic footprint; appointment of Michelle R. Austin as the seventh president and board member in February 2023, alongside G. Lyn Hayth III's planned retirement as CEO; addition of A. Randy Hostetter to the board of directors in April 2024; recognition as Forbes' top bank in Virginia for America's Best-In-State Banks 2024; and posting profitable second-quarter results in July 2024 that exceeded budget expectations, with revenue growth to $33.38 million trailing twelve months and net income of $8.66 million as of mid-2025.
Bank of Botetourt announces first quarter financial results and quarterly cash dividend
Bank of Botetourt Exceeds Budget Expectations, Records Profitable 2025; Board Votes to Increase Dividend by 11.1%
Bank of Botetourt reports financial results for the third quarter
Bank of Botetourt posts strong second quarter financial results
Bank of Botetourt Celebrates Grand Opening of Melrose Plaza Office in Northwest Roanoke
Bank of Botetourt posts strong first quarter financial results
G. Lyn Hayth, III to Retire as CEO of Bank of Botetourt; Michelle Austin Named Successor
Bank of Botetourt Exceeds Budget Expectations, Records Profitable 2024; Board Votes to Increase Dividend 12.5%
Bank of Botetourt exceeds budget expectations, posts profitable third quarter financial results
Bank of Botetourt Celebrates 125th Anniversary at Hotel Roanoke with Award from Forbes List of America's Best-In-State Banks, Virginia General Assembly Resolution, and Miss Virginia Performance
Bank of Botetourt exceeds budget expectations, posts profitable second quarter financial results
Bank of Botetourt Files Application for New Office at Melrose Plaza located in Roanoke City
Bank of Botetourt posts profitable first quarter financial results
Bank of Botetourt Records Profitable 2023; Board Votes to Increase Common Dividend by 3.9%