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 and 2020
2020 - November 4: BCT-Bank of Charles Town Selected Large Business of the Year 2020 by Martinsburg-Berkeley County Chamber of Commerce
2020 - October 28: BCT-Bank of Charles Town Selected "Best Bank To Work For"
2020 - October 22: Potomac Bancshares, Inc. Declares Dividend
2020 - October 20: Potomac Bancshares, Inc. Appoints William A. White to the Board of Directors
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