POTOMAC BANCSHARES INC (PTBS) Potomac Bancshares, Inc. serves as the parent company for Bank of Charles Town, delivering a comprehensive suite of financial solutions to individual consumers and commercial enterprises alike. The bank offers a diverse range of deposit accounts, including checking, savings, and individual retirement accounts, alongside certificates of deposit (CDs). For personal financing needs, they provide loans for new and pre-owned vehicles, home equity loans and lines of credit (HELOCs), unsecured personal and home improvement loans, retail equipment financing, lot loans, and loans secured by CDs. Businesses can access various commercial lending options, such as financing for building or office acquisitions, commercial real estate and construction projects, and the purchase of production and administrative equipment. Their broader loan portfolio includes general lines of credit, mortgages, term loans, residential and commercial construction financing, commercial real estate loans, and agricultural loans. Further enhancing its service offerings, the institution provides credit and debit cards, Card Pay solutions, cash management services, and merchant processing. They also extend a variety of financial advisory services, including financial planning, trust and estate administration, investment management, wealth management, and full-service brokerage. Customers can also seek assistance with retirement and insurance planning, asset allocation and management, and college planning. For convenient access, the bank supports telephone, mobile, and online banking platforms. The company's operations are supported by nine full-service branch locations and a dedicated loan production office, strategically situated in the Eastern Panhandle of West Virginia, Washington County, Maryland, and Loudoun County, Virginia. Potomac Bancshares, Inc. was established in 1871 and is headquartered in Charles Town, West Virginia.
Sector: State Commercial Banks
Industry: Banks - Regional
Potomac Bancshares, Inc. OTC:PTBS Financial Services · Banks - Regional
Mkt Cap $90.18M
Div Yield 2.11%
Mkt Cap $90.18M
Div Yield 2.11%
All Press Release SEC Filings News
Press Release
POTOMAC BANCSHARES DECLARES QUARTERLY CASH DIVIDEND
Potomac Bancshares' board declared a quarterly cash dividend of $0.15 per share.
Shareholders of record on November 5, 2026 will be paid on November 12, 2026.
The company reported total assets of $981 million as of June 30, 2026.
• 4d ago AI analysis › Press Release
Potomac Bank Bolsters Commitment to Innovation with Announcement of Anthony Ranghelli's Promotion to Chief Innovation and Strategy Officer
Potomac Bank promoted Anthony Ranghelli to the newly created role of Chief Innovation and Strategy Officer, retaining oversight of IT, Digital, Information Security and Fintech initiatives.
CEO Alice P. Frazier said Ranghelli will additionally oversee strategic transformation initiatives across the organization.
The company reported total assets of $981 million as of June 30, 2026; the announcement is a routine governance/leadership update with no financial impact.
• 19d ago AI analysis › Press Release
Potomac Bank Announces Strategic Alignment for Growth with Appointment of Lisa Kilgour as Executive Vice President and Chief Operations Officer
Potomac Bank (OTCID: PTBS) appointed Lisa Kilgour as Executive Vice President and Chief Operations Officer, overseeing banking systems, payments, card services, and deposit and loan operations.
Kilgour brings over 40 years of community banking experience, including 9 years as COO of MainStreet Bank and 22+ years in senior management at Middleburg Bank.
CEO Alice Frazier framed the hire as an investment to keep the $981 million-asset community bank well positioned amid industry shifts; the move is routine governance news rather than a material financial event.
• 20d ago AI analysis › Press Release
BCTCares Foundation's Pack the 'Pack Program Breaks Record, Raises $120,000 for Local Backpack Charities to Feed Local Food-Insecure Children
Potomac Bank's BCTCares Foundation raised a record $120,000 in its annual Pack the 'Pack campaign, surpassing last year's record of $104,000.
Each of four local backpack-program nonprofits receives $30,000, funding over 11,000 weekend food backpacks for food-insecure children in Maryland, Virginia, and West Virginia.
Since 2019 the foundation has donated $601,000; the release reflects community engagement rather than any material financial event for the bank.
• 27d ago AI analysis › Press Release
Financial Services Virtual Investor Conference Presentations Now Available for On-Demand Viewing
Cuentas Inc. (OTCQB: CUEN) was among seven companies presenting at the September 24th Financial Services Virtual Investor Conference.
Presentations from the event are now available for on-demand viewing 24/7 for 90 days, and select companies are accepting 1x1 management meeting requests through September 30.
The release is issued by the conference organizer rather than Cuentas itself and contains no new financial or operational disclosure about the company.
• 1mo ago AI analysis › Press Release
Potomac Bancshares, Inc. to Present at the Financial Services Virtual Investor Conference September 24th
Potomac Bancshares announced its executive team will present at the Financial Services Virtual Investor Conference on September 24, 2026, from 11:30 am to 12:00 pm.
CEO Alice Frazier, CFO Shane Bell, and CLO Raymond Goodrich will present live, with 1x1 investor meetings available on September 25, 28, and 29.
The release recaps Q2 2026 highlights: net income up 9% linked-quarter and 60% YoY, ROA of 1.32%, ROE of 15.52%, NIM of 3.76%, book value per share of $20.97, and a dividend raised 15% to $0.15 per share.
• 1mo ago AI analysis › Press Release
Potomac Bank Announces Carolyn K. Johnson Appointed as Senior Vice President, Director of Digital and Payment Strategy
Potomac Bank appointed Carolyn K. Johnson as Senior Vice President and Director of Digital and Payment Strategy to lead the advancement of its digital and payments services.
Johnson joins from LINKBANK and previously held leadership roles at Virginia Partners Bank and PNC, bringing over a decade of retail strategy experience.
The bank, a wholly owned subsidiary of Potomac Bancshares, reported total assets of $981 million as of June 30, 2026.
• 2mo ago AI analysis › Press Release
Potomac Bank Voted 2026 Loudoun's Favorite in Multiple Categories
Potomac Bank was voted the winner in five financial services categories in the LoudounNow 2026 readers' poll, including Bank, Financial Planning firm, and Mortgage Company.
This marks the third consecutive year the bank has won in multiple categories, reflecting its standing in the Northern Virginia and Eastern Panhandle communities.
The company reported total assets of $981 million as of June 30, 2026, and operates through a network of nine branches and two loan production offices.
• 2mo ago AI analysis › Press Release
Potomac Bank Welcomes Tim C. Valentine as Vice President and SBA Lending Officer
Potomac Bank appointed Tim C. Valentine as Vice President, Commercial Relationship Manager, and SBA Lending Officer to expand its SBA portfolio in the Northern Virginia market.
Mr. Valentine brings previous experience from National Capital Bank, John Marshall Bank, and Presidential Bank to his new role at the Ashburn, VA office.
Potomac Bank reported total assets of $981 million as of June 20, 2026, and operates through a nine-branch network and two loan production offices.
• 2mo ago AI analysis › Press Release ● Major ⚠ 1
Potomac Bancshares Reports 60% Increase in Second Quarter Earnings
Potomac Bancshares reported Q2 2026 net income of $3.3 million, or $0.80 per share, representing a 60% increase from the prior year and a 9% increase sequentially.
Profitability metrics strengthened significantly, with return on average equity rising to 15.52% and net interest margin expanding to 3.76%.
The Board of Directors declared a quarterly cash dividend of $0.15 per share, a 15% increase over the prior quarter, while total assets grew 7% year-over-year to $981.4 million.
• 2mo ago AI analysis › Press Release
Potomac Bank Residential Lending Expands with Addition of Gail Moxley, Senior Vice President, Senior Mortgage Loan Officer
Potomac Bank Residential Lending hired Gail Moxley as Senior Vice President and Senior Mortgage Loan Officer to expand its mortgage portfolio, focusing on the Eastern Panhandle of West Virginia.
Ms. Moxley brings over 25 years of experience from CNB Bank, where she most recently served as Senior Vice President, Mortgage Banker.
The company reported total assets of $976 million as of March 31, 2026.
• 2mo ago AI analysis › Press Release
POTOMAC BANCSHARES, INC. DECLARES QUARTERLY CASH DIVIDEND
Potomac Bancshares declared a quarterly cash dividend of $0.15 per share, payable on August 13, 2026, to shareholders of record as of August 6, 2026.
The bank holding company reported total assets of $976 million as of March 31, 2026.
Potomac Bancshares operates through its nine-branch network serving the Eastern Panhandle of West Virginia, Washington County, Maryland, and Northern Virginia.
• 3mo ago AI analysis › Press Release
Potomac Bank Announces Malinda Henkel as Vice President and Branch Business Development Officer for Winchester, Virginia, Expansion
Potomac Bank is expanding into Winchester, Virginia and Frederick County, appointing Malinda Henkel as Vice President and Branch Business Development Officer to lead the initiative.
Henkel brings over 30 years of banking experience, most recently serving as Vice President at United Bank, and holds leadership roles in local community organizations including the Rotary Club of Winchester.
The bank reported total assets of $976 million as of March 31, 2026, and operates a network of nine branches and two loan production offices across the region.
• 3mo ago AI analysis › Press Release
Potomac Bank Awards $278,800 in College Scholarships to Local High School Students
Potomac Bank Trust and Wealth awarded $278,800 in college scholarships to 17 local high school students through various memorial funds managed by the bank.
The scholarships range from one-time payments of $250 to renewable awards of $80,000, supporting students attending institutions such as Shepherd University, WVU, and MIT.
Potomac Bank reported total assets of $976 million as of March 31, 2026, and operates a nine-branch network across West Virginia, Maryland, and Virginia.
• 3mo ago AI analysis › Press Release
/C O R R E C T I O N -- Potomac Bancshares, Inc./
Potomac Bancshares issued a correction to its previous press release regarding the 2026 Annual Shareholder Meeting, primarily to update a photo.
The corrected release confirms the meeting took place on May 19, 2026, at the Bavarian Inn in Shepherdstown, West Virginia, featuring remarks from CEO Alice Frazier and Chairman Keith Berkeley.
Shareholders elected several directors to three-year, two-year, and one-year terms, and ratified Yount, Hyde & Barbour, PC as independent auditors for 2026.
• 5mo ago AI analysis › Press Release
Potomac Bank Welcomes Scott H. Moore as Market President to Lead Expansion into the Winchester, Virginia, Region
prnewswire.com • 5mo ago Press Release
Potomac Bank Announces W. Scott German as Treasury Management Business Development Officer for Northern Virginia
Potomac Bank hired W. Scott German as Vice President, Treasury Management Business Development Officer for the Northern Virginia market.
Mr. German joins with 20 years of experience, most recently as Business Development Executive for Spartan Shield Solutions and previously in commercial banking roles at Burke & Herbert Bank and First Citizens Bank.
The bank reported total assets of $976 million as of March 31, 2026, and operates nine branches in the region.
• 5mo ago AI analysis › Press Release
Potomac Bancshares Reports 28% Increase in First Quarter Results
Potomac Bancshares reported Q1 2026 net income of $3.0 million, up 28% quarter-over-quarter and 39% year-over-year, driven by net interest margin expansion and improved operating efficiency.
Net interest margin increased to 3.66% while the efficiency ratio improved to 64.84%, supported by higher wealth management income and gains on loan sales.
The company recently announced a 15% increase in its quarterly dividend to $0.15 per share and maintains an active $2.0 million share repurchase authorization.
• 5mo ago AI analysis › Press Release
Potomac Bank Appoints Brian J. Hester as Vice President, Commercial Relationship Manager
Potomac Bank appointed Brian J. Hester as Vice President and Commercial Relationship Manager to support and grow commercial lending in the Jefferson County, West Virginia area.
Mr. Hester joins from Truist Bank (BB&T), where he served as Vice President for business lending, bringing over 15 years of financial services experience.
The bank operates nine branches and reported total assets of $944 million as of December 31, 2026.
• 5mo ago AI analysis › Press Release
POTOMAC BANCSHARES DECLARES 15% INCREASE TO QUARTERLY CASH DIVIDEND
Potomac Bancshares' Board declared a 15% increase to its quarterly cash dividend, raising the payout to $0.15 per share from $0.13.
The dividend is payable May 14, 2026 to shareholders of record on May 7, 2026.
CEO Alice P. Frazier attributed the increase to continued strong performance and a focus on sustained shareholder return.
• 6mo ago AI analysis › 
