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 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.
Potomac Bank (OTC:PTBS) appointed Scott H. Moore as Senior Vice President and Market President for the Winchester, Virginia, region. He will lead expansion into Frederick County and Winchester, offering financial solutions for businesses, municipalities, nonprofits, families, and individuals.
Founded in 1871 and renamed Potomac Bank in November 2025, the bank highlights Moore's deep community ties, prior leadership roles at Blue Ridge Bank and Bank of Clarke, and advanced banking and business education as key assets for growth in this new market.
Potomac Bank (OTCID:PTBS) named W. Scott German Vice President, Treasury Management Business Development Officer for Northern Virginia on May 5, 2026. Mr. German will consult with business clients on cash‑flow optimization, payables/receivables, fraud protection, and banking technology. He can be reached at 703-443-4480.
Potomac Bancshares (OTCID: PTBS) reported Q1 2026 net income of $3.0 million ($0.73 per share), up 28% linked‑quarter and 39% year‑over‑year. Key metrics: ROA 1.28%, ROE 14.68%, net interest margin 3.66%, loans $758.5M, deposits $845.4M, total assets $975.8M.
Management cited margin expansion, efficiency gains, and planned market expansion into Winchester, VA; dividend raised to $0.15 per share in April 2026.
Potomac Bank (OTCID:PTBS) appointed Brian J. Hester as Vice President, Commercial Relationship Manager at its Charles Town, West Virginia office, effective April 28, 2026. Mr. Hester will support existing commercial loan clients and develop new commercial relationships in Jefferson County. He brings over 10 years of business-lending experience and extensive community involvement.
Potomac Bancshares (OTCID: PTBS) declared a 15% increase to its quarterly cash dividend to $0.15 per share from $0.13. The dividend is for shareholders of record on May 7, 2026 and is payable on May 14, 2026. Management linked the increase to continued strong performance.