Corporate Profile

Potomac Bancshares, Inc. (the “Company”), a West Virginia corporation headquartered in Charles Town, West Virginia, is the one bank holding company of Bank of Charles Town (BCT), also known as The Community's Bank. BCT is a locally owned community bank with nine full service offices and one loan production office serving the Eastern Panhandle of West Virginia, Washington County, Maryland and Loudoun County, Virginia.

Stock & Financial Highlights

Potomac Bancshares, Inc.

Years Ended Dec. 31 2015 2016 2017 2018 2019  2020 - Q1 2020 - Q2
Stock Price $8.60 $9.55 $14.25 $14.10 $14.10 $10.40 $10.60
EPS, Diluted $0.77 $0.66 $1.14 $0.94 $0.78 $0.17 $0.20
Stock Price/EPS, Diluted 11.2x 14.5x 12.5x 15.0x 18.1x NM NM
Tangible Book Value $9.48 $9.92 $10.78 $11.98 $12.56 $12.77 $12.97
Stock Price/TBV 0.91x 0.96x 1.32x 1.18x 1.12x 0.81x 0.82x
Dividend Per Share $0.22 $0.25 $0.27 $0.28 $0.28 $0.07 $0.07

*NM: Not Meaningful

 

Press Releases - 2019

2020 - September 16:  Potomac Bancshares, Inc. Issues Private Placement of $10 Million Subordinated Notes

2020 - July 23:  Potomac Bancshares, Inc. Declares Dividend

2020 - April 28:  BCT-Bankof Charles Town Contributes $25,000 To Local Charities Through "BCTCares For the Hungry" Initiative

2020 - April 23: Potomac Bankshares Inc. Declares Dividend

2020 - January 23: ICBA Announces Nomination of Alice Frazier for a Second Term To Board of Directors and the Office of Secretary

2020 - January 23: Potomac Bancshares, Inc. Declares Dividend

2020 - January 22: BCT-Bank of Charles Town Promotes Desiree Cline to Lead Hedgesville Banking Office

2019 - November 20: BCT-Bank of Charles Town Launches "BCTCares For The Hungry" Initiative

2019 - November 12: BCT–Bank of Charles Town Announces Anthony Ranghelli Appointment as Chief Technology Officer

2019 - October 21: Potomac Bancshares, Inc. Declares Dividend

2019 - August 29: BCT-Bank of Charles Town Named "Best Bank To Work For"

2019 - July 16: BCT-Bank of Charles Town Announces Experienced Banker Colleen Busey As Its Main Office Relationship Banker

2019 - July 12: Potomac Bancshares, Inc. Declares Dividend

2019 - July 11: BCT-Bank of Charles Town Announces Keila Blandin Franco to Lead Hedgesville Office

2019 - July 09: BCT-Bank of Charles Town Welcomes Seasoned Banking Veteran Kim McGarrah to Lead Martinsburg Office

2019 - June 26: BCT-Bank of Charles Town’s Kristie Hadley Wins Outstanding Community Banker Award from Community Bankers of West Virginia

2019 - June 4: BCT-The Community's Bank Holds Ribbon Cutting Ceremony at Its New Leesburg, Virginia Branch Office

2019 - May 29: The Mountain State Apple Harvest Festival (MSAHF) Announces New Partnership with BCT-Bank of Charles Town

2019 - May 23: BCT-The Community's Bank Appoints Lance Nobles, CCIM as Senior Vice President to Serve Loudoun County and Northern Virginia

2019 - April 22: BCT-Bank of Charles Town Board of Directors Announce Appointment of Advisory Board for Eastern Panhandle of West Virginia

2019 - April 11: Potomac Bancshares, Inc. Declares Dividend

2019 - March 7: Potomac Bancshares, Inc. Welcomes Kristina Bouweiri and Dr. Mitesh Kothari to the Board of Directors

2019 - February 12: BCT Investments Welcomes Caleb A. Hutzler as Investment Representative

2019 - January 23: ICBA Announces Nomination of Alice Frazier To Board of Directors and Office of Secretary

2019 - January 11: Potomac Bancshares, Inc. Declares Dividend

Executive Officers

Alice P. Frazier
President and CEO
Dean J. Cognetti
CFO

Board of Directors

Keith B. Berkeley Chairman Dr. Mitesh Kothari
Kristina Bouweiri Barbara H. Pichot, CPA
J. Scott Boyd, R.Ph Barbara L. Scott
Norman M. Casagrande Andrew Skinner
Margaret Cogswell C. Larry Togans
Alice P. Frazier Anthony Zelenka