Potomac Bancshares, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 29, 2019 at 10:00 am EDT
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Potomac Bancshares, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced net interest income was USD 4.074 million compared to USD 3.651 million a year ago. Net income was USD 818,000 compared to USD 1.007 million a year ago. Basic earnings per share was USD 0.2 compared to USD 0.3 a year ago. For the half year, net interest income was USD 7.990 million compared to USD 7.188 million a year ago. Net income was USD 1.437 million compared to USD 1.907 million a year ago. Basic earnings per share was USD 0.35 compared to USD 0.57 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. 
