PTBS

BCT-Bank of Charles Town Announces Anchor Investment in BankTech Ventures Fund

Retrieved on: 
Friday, November 12, 2021
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"When presented the opportunity to invest in and join the BankTech Ventures partnership, we jumped in right away," said Alice Frazier, President & CEO of BCT.

Key Points: 
  • "When presented the opportunity to invest in and join the BankTech Ventures partnership, we jumped in right away," said Alice Frazier, President & CEO of BCT.
  • "BankTech Ventures has assembled the ideal team to identify, evaluate, invest in and align our bank's success through emerging technologies.
  • "I'm excited to welcome Alice and team from Bank of Charles Town to our partnership in BankTech Ventures.
  • BankTech Ventures, LP ( www.banktechventures.com ) is targeting $150-200MM for its first fund and has reached a first close of $55MM with 60 initial limited partners, including Bank of Charles Town.

BCT-Bank of Charles Town Named A "Best Bank To Work For" For Third Consecutive Year

Retrieved on: 
Tuesday, November 9, 2021
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CHARLES TOWN, W. Va., Nov. 9, 2021 /PRNewswire/ -- (OTC:PTBS)BCT-Bank of Charles Town, also known as The Community's Bank, has been named one of the Best Banks to Work For in 2021.

Key Points: 
  • CHARLES TOWN, W. Va., Nov. 9, 2021 /PRNewswire/ -- (OTC:PTBS)BCT-Bank of Charles Town, also known as The Community's Bank, has been named one of the Best Banks to Work For in 2021.
  • Full results of this year's program are available at American Banker and in the November issue of American Banker Magazine.
  • Founded in 1871 and celebrating their 150th year of service, BCT - Bank of Charles Town, also known as The Community's Bank, is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTC:PTBS).
  • In 2019 and 2020, the Bank was named a "Best Bank To Work For" by American Banker.

BCT-The Community's Bank Announces Paul W. Bice as Regional President

Retrieved on: 
Monday, November 8, 2021
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CHARLES TOWN, W.Va., Nov.8, 2021 /PRNewswire/ --(OTC:PTBS) -- BCT-The Community's Bank recently announced the appointment of Paul W. Bice as Executive Vice President and Regional President.

Key Points: 
  • CHARLES TOWN, W.Va., Nov.8, 2021 /PRNewswire/ --(OTC:PTBS) -- BCT-The Community's Bank recently announced the appointment of Paul W. Bice as Executive Vice President and Regional President.
  • Immediately prior to joining BCT, Mr. Bice served as Regional President with John Marshall Bank.
  • From 1998 to 2007, Mr. Bice served as Senior Vice President for James Monroe Bank.
  • Prior years with Bank of Northern Virginia and Central Fidelity Bank were spent in both retail and commercial banking.

Potomac Bancshares, Inc. Reports 2021 Third Quarter Results

Retrieved on: 
Tuesday, October 26, 2021
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ROA for the quarter was 1.10% up from last year's quarterly ROA of 0.71%, and up from the second quarter 2021 of 1.04%.

Key Points: 
  • ROA for the quarter was 1.10% up from last year's quarterly ROA of 0.71%, and up from the second quarter 2021 of 1.04%.
  • ROE for the quarter was 13.21% compared to 8.07% in the same quarter of the prior year, and up from the second quarter 2021 of 12.28%.
  • Net interest income increased $699 thousand to $5.2 million for the quarter ending September 30, 2021, compared to the quarter ending September 30, 2020.
  • PPP fees and interest recognized in the quarter ending September 30, 2021, were $456 thousand compared to $492 thousand realized during the second quarter of 2021.

Potomac Bancshares, Inc. Declares Dividend

Retrieved on: 
Thursday, October 21, 2021
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CHARLES TOWN, W.Va., Oct.21, 2021 /PRNewswire/ --The Board of Directors of Potomac Bancshares, Inc. (OTC:PTBS), the one bank holding company for Bank of Charles Town (BCT), declared a quarterly dividend of $0.08 per share at their October board meeting.

Key Points: 
  • CHARLES TOWN, W.Va., Oct.21, 2021 /PRNewswire/ --The Board of Directors of Potomac Bancshares, Inc. (OTC:PTBS), the one bank holding company for Bank of Charles Town (BCT), declared a quarterly dividend of $0.08 per share at their October board meeting.
  • The dividend is for all shareholders of record on November 2, 2021 and will be paid on November 9, 2021.
  • Founded in 1871 and celebrating their 150th year of service, BCT - Bank of Charles Town, also known as The Community's Bank, is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTC:PTBS).
  • For more information about Potomac Bancshares, Inc., and the Bank, please visit our website at www.mybct.bank.

BCT--Bank of Charles Town Appoints Frank Donadio as Branch Manager of Harpers Ferry Office

Retrieved on: 
Thursday, October 14, 2021
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CHARLES TOWN, W.V., Oct. 14, 2021 /PRNewswire/ --(OTC:PTBS)--BCT-Bank of Charles Town, also known as The Community's Bank, recently announced Frank Donadio as the new Branch Manager of its Harpers Ferry, West Virginia office at 1366 West Washington Street.

Key Points: 
  • CHARLES TOWN, W.V., Oct. 14, 2021 /PRNewswire/ --(OTC:PTBS)--BCT-Bank of Charles Town, also known as The Community's Bank, recently announced Frank Donadio as the new Branch Manager of its Harpers Ferry, West Virginia office at 1366 West Washington Street.
  • Mr. Donadio will manage the branch staff as well as manage initiatives for customer experiences and acquisitions.
  • Other positions within financial services include Assistant Branch Manager and Acting Manager for One Main Financial (Citibank) and positions with increasing responsibility at Bank of America and Fannie Mae.
  • "We are delighted to have Frank join BCT to lead our customer experience efforts in Harpers Ferry," stated Alice Frazier, President & CEO.

Potomac Bancshares, Inc. To Present at Boenning & Scattergood Investor Forum

Retrieved on: 
Friday, September 24, 2021
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CHARLES TOWN, W.Va., Sept. 24, 2021 /PRNewswire/ --Potomac Bancshares, Inc. (OTC: PTBS), the one bank holding company for Bank of Charles Town, also known as The Community's Bank, announced today they will present at the investor forum hosted by Boenning & Scattergood on Monday, September 27, 2021.

Key Points: 
  • CHARLES TOWN, W.Va., Sept. 24, 2021 /PRNewswire/ --Potomac Bancshares, Inc. (OTC: PTBS), the one bank holding company for Bank of Charles Town, also known as The Community's Bank, announced today they will present at the investor forum hosted by Boenning & Scattergood on Monday, September 27, 2021.
  • A copy of Potomac Bancshares' presentation can be found on their Investor Relations website at https://ir.mybct.bank.
  • Founded in 1871 and celebrating their 150th year of service, BCT - Bank of Charles Town, also known as The Community's Bank, is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTC:PTBS).
  • BCT's offices are located in Jefferson and Berkeley Counties (WV), Washington County (MD), and Loudoun and Stafford Counties (VA).

BCT-Bank of Charles Town's "Pack the 'Pack" Campaign Raises $43,000 to Fill 8,600 Backpacks of Local Children with Food

Retrieved on: 
Wednesday, September 22, 2021
BCT, United Community Bank, State bank, Food, Trust, OTC, Forbes, Multimedia, Pack Horse Library Project, Financial management, CEO, Company, Pack, Community, View, PTBS, Allpoint, Organic, Bank, American Banker, Association

With the support of BCT customers, employees, vendors, and local community patrons, a total of $43,000 was raised that will be used to fill 8,600 take-home backpacks with food for local food-insecure school children.

Key Points: 
  • With the support of BCT customers, employees, vendors, and local community patrons, a total of $43,000 was raised that will be used to fill 8,600 take-home backpacks with food for local food-insecure school children.
  • "This effort was initiated at the last minute due to the emergency need of food-insecure children in our markets.
  • Thousands of local children will be fed because we joined together as neighbors in a fight to end food-insecurity in our local communities."
  • These partners will purchase and distribute food to local school children using the funds donated, filling over 8,600 backpacks with food.

BCT-Bank of Charles Town Welcomes Kaitlin Frisbie as Hedgesville, West Virginia Branch Manager

Retrieved on: 
Tuesday, August 17, 2021
Company, State bank, Duquesne University, American Banker, Community, Acquisition, PTBS, Customer service, Financial management, Forbes, Multimedia, BCT, Trust, Bank, Tennessee Children's Home Society, OTC, Summit, CEO, Dog, Allpoint, United Community Bank, View, MVB

CHARLES TOWN, W.Va., Aug.17, 2021 /PRNewswire/ --(OTC:PTBS)--BCT-Bank of Charles Town, also known as The Community's Bank, recently welcomed Kaitlin Frisbie to the position of Branch Manager, serving its banking office in Hedgesville, West Virginia, at 119 Cowardly Lion Drive.

Key Points: 
  • CHARLES TOWN, W.Va., Aug.17, 2021 /PRNewswire/ --(OTC:PTBS)--BCT-Bank of Charles Town, also known as The Community's Bank, recently welcomed Kaitlin Frisbie to the position of Branch Manager, serving its banking office in Hedgesville, West Virginia, at 119 Cowardly Lion Drive.
  • Ms. Frisbie will manage the branch staff as well as lead initiatives to produced customer experiences and acquisitions.
  • Ms. Frisbie brings over six years of banking experience to her role as Branch Manager.
  • Prior to BCT, she served over five years as Banking Center Operations Manager for MVB prior to its acquisition by Summit Community Bank.