The annual event has become a highlight for shareholders to rekindle friendships and connections. In addition to the Company’s official meeting, shareholders and their guests were treated to beautifully prepared fare throughout the well-appointed dining rooms and patios of the Bavarian Inn, a European inspired boutique resort and fine dining establishment, located on a spectacular bluff overlooking the Potomac River. Shareholder attendance was one of the highest on record.
“What a wonderful evening!” stated Alice P. Frazier, President and CEO. “Seeing shareholders from so many different backgrounds and interests who were reconnecting or meeting for the first time validated that BCT is the very definition of a community bank, and we continue to be a unifying, high-performing presence in our communities. It’s gratifying to see our culture of neighbor helping neighbor is alive and well.”
Presiding over the official meeting was Dr. Keith B. Berkeley, Chairman of the Board. Ms. Frazier provided a review of the Company's accomplishments for the 2024 year and affirmed its commitment to employees, clients, community, and shareholders. The Company’s shareholders elected J. Scott Boyd, Michael Huber, and Dr. Mitesh Kothari, to serve as Directors of the Company for a three-year term ending in 2028. The Company has three classes of Directors, each elected for a different three-year term. Additionally, shareholders ratified the appointment of Yount, Hyde & Barbour, PC as the Company's independent auditors for the year ending December 31, 2025.
The Company made it known that individuals may purchase shares under the symbol “PTBS” by contacting Shane Bell, EVP and CFO, at sbell@mybct.bank, or through one’s personal broker.