Potomac Bancshares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 01:30 pm
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Potomac Bancshares, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced net interest income was USD 4.244 million compared to USD 3.916 million a year ago. Net income was USD 719,000 compared to USD 619,000 a year ago.
Potomac Bancshares, Inc. is the one bank holding company of Bank of Charles Town (BCT), also known as The Community's Bank. BCT is a locally owned community bank with nine full-service offices and one loan production office serving the Eastern Panhandle of West Virginia, Washington County, Maryland and Loudoun County, Virginia. Its personal banking services include personal checking; savings, Certificates of Deposit (CD) and Individual Retirement Accounts (IRA); Centsables financial education; online and mobile banking; Convenience services; home equity lending; personal loans; consumer credit cards; account opening service, and others. The Companyâs business banking services include specialties, commercial loans, small business administration (SBA) lending, business checking solutions, management, Autobooks, online and mobile banking, business credit cards and others. It offers fixed and adjustable-rate mortgages, construction loans, and VA, FHA, and USDA options.
POTOMAC BANCSHARES, INC. 
