BCT-Bank of Charles Town Named Top 200 Performing Bank by American Banker

June 26, 2023
CHARLES TOWN, WV, June 26, 2023 /PRNewswire/ (OTC:PTBS) Potomac Bancshares, Inc., the one holding company for BCT-Bank of Charles Town, also known as The Community’s Bank, is pleased to announce it has been recognized by American Banker as one of the top 200 performing banks in the United States out of 1,650 banks with less than $2 billion in assets and who also are publicly traded. BCT ranked 172.
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“BCT is honored to be recognized as one of the 200 best performing community banks in the country,” stated Alice P. Frazier, BCT’s President and CEO.  “I am especially proud of our employees who work tirelessly to provide great experiences for our clients which builds generational relationships that produce results like this Top 200 recognition.”

Each year American Banker publishes the list of the top 200 performing publicly traded banks with under $2 billion in assets. The data is compiled and analyzed by the consulting firm Capital Performance Group.  Capital Performance Group conducts the rankings analysis using data provided by S&P Global Market Intelligence, which drew on Security and Exchange Commission filings.  Banks making this year's list, which was based on data from year-end 2022, posted a lower median efficiency ratio, higher median net interest margin and a stronger median net loan growth compared with all publicly traded community banks. (See here for a full methodology.)

The top 200 banks also had a median return on average equity of 14.16%, compared with 11.67% for all publicly traded banks in this asset class. The three-year average for this figure was 12.6% for the top performers. That's more than 2 percentage points higher than their peers.

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About the Company

Potomac Bank, Inc., a wholly owned subsidiary of Potomac Bancshares, Inc., was founded in 1871 as Bank of Charles Town and renamed Potomac Bank on November 3, 2025. The Company’s total assets were $976 million as of March 31, 2026. The Bank conducts operations through its nine-branch network and one loan production office serving the Eastern Panhandle of West Virginia, Washington County, Maryland, and Northern Virginia. The Bank offers comprehensive financial solutions through its consumer and commercial banking divisions, Trust, Wealth, and BCT Investments divisions, and its Residential Lending mortgage division. The Bank is also proud to serve its communities as a Small Business Administration (SBA) Preferred Lender. Over the past several years, the Bank has received numerous awards and recognitions, including American Banker’s “Top 200 Community Banks” and “Best Banks to Work For”, the Journal-News “Best of the Best” award, and the LoudounNow “Loudoun’s Favorite” award. 

The Company's shares are quoted on the OTCID marketplace under the symbol "PTBS." For more information about the Bank, please visit our website at www.potomac.bank.

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