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Potomac Bancshares Welcomes Chris "Chip" Hensell, III to the Board of Directors
Prnewswire· 2025-08-19 20:05
Core Viewpoint - Potomac Bancshares, Inc. has appointed C.W. Chris "Chip" Hensell, III to its Board of Directors, effective August 19, 2025, which is expected to enhance the company's strategic insights and community focus [1][4]. Company Overview - Potomac Bancshares, Inc. is the holding company for BCT-Bank of Charles Town, also known as The Community's Bank, founded in 1871 [6]. - As of June 30, 2025, the company has approximately $920 million in assets and operates through its main office, eight branch offices, and two loan production offices [6]. - BCT offers a variety of financial services including commercial and residential loans, agricultural loans, and is a Small Business Administration (SBA) Preferred Lender [6]. - The bank provides online and mobile banking services and access to over 55,000 ATMs through the Allpoint® network [6]. Board Member Profile - Chris "Chip" Hensell, III is the Owner/Broker of Hensell Realty Company, Inc., a family-run real estate business established in 1955 [3]. - Hensell has been involved in various community and civic organizations, aligning with the company's core value of community focus [4]. - He holds a degree in Business Management from Marshall University and has deep roots in Berkeley County, West Virginia [5]. Recognition and Awards - BCT has received multiple accolades, including being voted "Loudoun's Favorite" in the 2025 LoudounNow readers' poll in several categories [6]. - The bank was recognized as a "Top 200 Community Bank" by American Banker in 2023, highlighting its strong performance among banks with assets under $2 billion [6]. - BCT has been named a "Best Bank To Work For" by American Banker five times since 2019 [6].
POTOMAC BANCSHARES, INC. DECLARES QUARTERLY CASH DIVIDEND
Prnewswire· 2025-07-16 20:39
Company Overview - Potomac Bancshares, Inc. is the holding company for Bank of Charles Town (BCT), which was founded in 1871 and operates as a community bank [2] - As of March 31, 2025, BCT has approximately $896 million in assets and operates through one main office, eight branch offices, and two loan production offices [2] - BCT offers a variety of loan products including commercial lines and term loans, residential and commercial construction loans, and agricultural loans, and is a Small Business Administration (SBA) Preferred Lender [2] Recent Developments - The Board of Directors declared a quarterly cash dividend of $0.13 per share, payable to shareholders of record on July 31, 2025, with payment scheduled for August 7, 2025 [1] - BCT has received multiple accolades, including being voted as a "Top 200 Community Bank" by American Banker in 2023 and winning several categories in local readers' polls [2] Share Information - The shares of Potomac Bancshares, Inc. are quoted on the OTCID marketplace under the symbol "PTBS" [3] - Interested individuals can purchase shares through personal brokers or by contacting the company's EVP and CFO [3]