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Potomac Bancshares

POTOMAC BANCSHARES INC

Potomac Bancshares Inc is a bank holding company. The bank engages in the general banking business and provides individuals, businesses, and local governments with a range of banking services. The services provided by the bank include commercial credit lines, equipment loans, and construction financing; real estate loans, secondary market, and adjustable-rate mortgages; retail loan products including home equity lines of credit; checking and savings accounts for businesses and individuals; and certificates of deposit and individual retirement accounts.

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Eagle Financial Services Inc. (Pink: EFSI) announced this week that its subsidiary Bank of Clarke County is leading a partnership of community banks in Banking on Diversity, a new initiative designed to increase financing opportunities for minority-owned businesses in Virginia, West Virginia and Maryland.

Eagle Financial Services Launches Three-State Initiative To Increase Minority-Owned Business Funding

POTOMAC BNCSHS INC by Potomac Bancshares, Inc.

Potomac Bancshares Inc

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POTOMAC BANCSHARES, INC. REPORTS 2024 SECOND QUARTER RESULTS

BCTCares Foundation's 2024 Pack the 'Pack Campaign Raises a Record $90,000 for Local Food-Insecure Children

Dividends

POTOMAC BANCSHARES, INC. DECLARES QUARTERLY DIVIDEND

BCT Residential Lending Adds The Richardson Team in Fairfax County, Virginia

POTOMAC BANCSHARES, INC. REPORTS 2024 THIRD QUARTER RESULTS

BCT-Bank of Charles Town Named A "Best Bank to Work For" for a Fifth Time by American Banker

BCT-Bank of Charles Town Appoints Ronald B. Burley as Chief Retail Banking Officer

Potomac Bankshares, Inc. and BCT-Bank of Charles Town Announce Shane Bell as Chief Financial Officer

BCT-Bank of Charles Town Reveals Martinsburg Branch Makeover

Eagle Financial Services Inc. (OTC:<a class="ticker" href="/stock/EFSI#OTC">EFSI</a>) announced this week that its subsidiary Bank of Clarke County is leading a partnership of community banks in Banking on Diversity, a new initiative designed to increase financing opportunities for minority-owned businesses in Virginia, West Virginia and Maryland.

What Happened: The banks have collectively committed up to $1 million in interest-free loans aimed at minority-owned small businesses in their respective markets. The initiative will consist of two programs, one for startups and one for existing businesses.&nbsp;

Qualified businesses must have Minority Business Enterprise certification and annual revenues that do not exceed either $1 million for a business or $500,000 for a farm.

The annual individual loan amounts available are up to $50,000 for existing business and up to $10,000 for new business.

Existing businesses must be operational for more than two years to qualify and new businesses must have been in existence for at least three months. The program is also expected to include educational seminars for the business owners.

Who&#39;s Eligible: The initiative defines minority-owned businesses as one that is either 51% owned and operated by one or more minority individuals who are United States citizens or legal resident aliens or that has 51% equity ownership in a corporation, partnership or LLC or other entity that is primarily minority-owned.

Bank of Clarke County is joined in the initiative by BCT-Bank of Charles Town, a subsidiary of Potomac Bancshares Inc. (OTC:<a class="ticker" href="/stock/PTBS#OTC">PTBS</a>); The Fauquier Bank, a subsidiary of Fauquier Bankshares Inc. (NASDAQ:<a class="ticker" href="/stock/FBSS#NASDAQ">FBSS</a>); and First Bank, a subsidiary of First National Corp. of Virginia (NASDAQ:<a class="ticker" href="/stock/FXNC#NASDAQ">FXNC</a>).

The combined banks cover suburban Northern Virginia, the Northern Shenandoah Valley of Virginia, the Eastern Panhandle of West Virginia and Maryland&#39;s Washington County.

Potomac Bancshares Reports Q4 EPS $0.18 vs $0.22 In Same Qtr. Last Year, NII $3.287M vs $2.894M YoY

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