Welcome to our dedicated page for Potomac Bancshares news (Ticker: PTBS), a resource for investors and traders seeking the latest updates and insights on Potomac Bancshares stock.
Potomac Bancshares, Inc. reports developments tied to its role as the bank holding company for Potomac Bank, a community bank serving markets in West Virginia, Maryland and Northern Virginia. Recurring updates cover quarterly earnings, net interest margin trends, loan and deposit activity, common-stock dividends, and branch or market expansion.
Company news also highlights Potomac Bank's commercial banking, treasury management, commercial real estate lending, residential mortgage, trust, wealth and investment services. Leadership appointments, banker hires, community partnerships and the bank's history from Bank of Charles Town to Potomac Bank are recurring parts of its public-company profile.
Potomac Bank (OTC: PTBS) appointed Carolyn K. Johnson as Senior Vice President, Director of Digital and Payment Strategy, effective August 13, 2026. She will oversee client experiences in digital banking and payment services, bringing prior leadership roles at LINKBANK, Virginia Partners Bank, and PNC.
Potomac Bank (OTC: PTBS) announced it was voted WINNER in the LoudounNow 2026 Loudoun's Favorites readers poll in five financial services categories: Bank, Financial Planning firm, Investment Company (BCT Investments), Mortgage Company, and Mortgage Broker (Steve Cowen). It was also named RUNNER-UP for Banker (Paul Bice), marking the third consecutive year the bank has received multiple category wins in this local Loudoun County, Virginia poll.
Potomac Bank (OTC:PTBS) announced the appointment of Tim C. Valentine as Vice President, Commercial Relationship Manager and SBA Lending Officer, based in Ashburn, Virginia. He will focus on developing relationships with Northern Virginia business owners, particularly those suited for SBA-guaranteed loans, supporting the bank’s SBA portfolio growth and community-focused strategy.
Potomac Bancshares (OTCID: PTBS) reported Q2 2026 net income of $3.3 million, or $0.80 per share, up 9% from Q1 2026 and 60% from Q2 2025. Q2 return on average assets was 1.32% and return on average equity was 15.52%. For the first half of 2026, net income was $6.4 million, or $1.54 per share, a 49% increase over the prior year period.
Net interest income rose 9% linked-quarter, with net interest margin expanding to 3.76% and the efficiency ratio improving to 61.15%. Loans grew 7% annualized (5% year-over-year) and deposits 1% annualized (7% year-over-year). Noninterest income declined 9% from Q1 2026 but increased 47% versus Q2 2025. Asset quality remained favorable, with nonperforming assets at 0.05% of total assets and allowance for credit losses on loans at 1.03% of total loans.
Total assets reached $981.4 million, shareholders' equity $86.9 million, and the bank remained well-capitalized, including a total capital ratio of 14.04% and CET1 ratio of 12.97%. The quarterly cash dividend was raised 15% to $0.15 per share, which was also declared for Q3 2026, and a previously authorized stock repurchase plan for up to 100,000 shares or $2.0 million remained unused.
Potomac Bank (OTC:PTBS) has expanded its Residential Lending team by appointing Gail Moxley as Senior Vice President, Senior Mortgage Loan Officer, based in Martinsburg, West Virginia. She is tasked with growing mortgage loan originations in West Virginia’s Eastern Panhandle and will originate mortgage loans in all 50 states.
According to Potomac Bank, Moxley brings over 25 years of experience from CNB Bank across commercial and residential lending, retail, and collections. A long-time local resident and community volunteer, she is active with Berkeley Senior Services, Home Consortium of the Eastern Panhandle, and the Rotary Club of Martinsburg.
Potomac Bancshares (OTC: PTBS) announced that its Board of Directors declared a quarterly cash dividend of $0.15 per common share at its July 2026 board meeting. The dividend is payable on August 13, 2026 to shareholders of record as of August 6, 2026.
Potomac Bank (OTC: PTBS) has appointed Malinda Henkel as Vice President and Branch Business Development Officer to lead its expansion into Winchester, Virginia, and Frederick County. She will cultivate community relationships and establish the bank’s presence from a new office at 116 N. Braddock Street.
Potomac Bank (OTC: PTBS), through its Trust and Wealth division, awarded $278,800 in college scholarships to local high school students, acting as Trustee for multiple named funds.
According to Potomac Bank, awards include the annual Robert “Bob” F. Baronner Jr. scholarship of $10,000 over four years, two Robert W. McCormick scholarships of $80,000 each, the Paul & Margaret Dorsey Music scholarship of $3,000, several Tom Mentzer $250 one-time awards, the S. Katherine Boxwell & Edwin P. Churchill scholarships totaling $88,000 with multi‑year annual payments, the Leo & Alma Rodgers scholarships at $750 per year, and the Thelma A. Pearl one-time $10,000 scholarship.
Potomac Bancshares (OTC:PTBS) held its 2026 annual shareholder meeting and reunion reception on May 19, 2026, at the Bavarian Inn in Shepherdstown, West Virginia. Leadership reviewed 2025 accomplishments, including growth, strategic progress, and the transition from Bank of Charles Town to Potomac Bank.
Shareholders elected directors to staggered one-, two-, and three-year terms and ratified Yount, Hyde & Barbour as independent auditors for 2026. The company also reminded investors that PTBS shares can be purchased through personal brokers.
Potomac Bancshares (OTCID:PTBS) held its 2026 annual shareholder meeting and reunion reception on May 19, 2026, at the Bavarian Inn in Shepherdstown, West Virginia.
Shareholders heard a review of 2025 accomplishments, details on the bank's name transition to Potomac Bank, director elections, and auditor ratification.