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.
On September 2, 2020, BCT-Investments, a division of BCT-Bank of Charles Town (OTC: PTBS), announced the appointment of Joe O'Malley, CFP®, as Vice President and Financial Advisor. With over 23 years of experience in finance, including 16 years in securities, O'Malley aims to provide comprehensive investment solutions across BCT's markets in West Virginia, Virginia, and Maryland. His expertise includes asset allocation and wealth transfer strategies, further strengthening BCT's advisory services.
BCT - Bank of Charles Town has appointed Patrick Flickinger as the new Branch Manager for its Leesburg, Virginia office, bringing over 23 years of banking experience. Previously, he served managerial roles at BB&T and M&T Bank. CEO Alice P. Frazier emphasizes Mr. Flickinger's commitment to community values, aligning with the bank's strategic focus. BCT, with approximately $607 million in assets, aims to enhance customer experiences and expand its presence in Loudoun County.