The company’s 2025 performance was shared by Chairman Dr. Keith Berkeley and President and CEO Alice Frazier. Following the meeting, shareholders and their guests were treated to wonderfully prepared fare offered throughout the well-appointed dining rooms and patios of the Bavarian Inn, a European inspired boutique resort and fine dining establishment, located on a spectacular bluff overlooking the Potomac River.
“Our shareholder meeting and reunion is a wonderful experience,” stated Alice P. Frazier, President and CEO. “Having conversations with our shareholders, many of whom are multi-generational families, is a highlight. It is inspirational hearing their stories intertwined with the bank’s 155-year history. And I love introducing our legacies to our newer shareholders, creating important connections from our past with our future, which personifies our slogan, ‘Community takes root here.’”
Presiding over the official meeting was Dr. Keith B. Berkeley, Chairman of the Board. Ms. Frazier provided a review of the Company's accomplishments for 2025, reporting successful growth and progress toward strategic initiatives. She also highlighted the positive transition of the bank’s name from Bank of Charles Town to Potomac Bank.
The Company has three classes of Directors, each elected to a different three-year term. The Company’s shareholders elected Norman Casagrande, Margaret Cogswell, Kristina Pezzello (formerly Bouweiri), Andrew Skinner, and C.W. “Chip” Hensel, to this class’s three year term. Newly appointed Board members were nominated to alternate into two existing three year terms. Those elected to two year terms were Matthew Lowers and Dr. Angela Wilson. Elected to a one year term was Amit Puri. Additionally, shareholders ratified the appointment of Yount, Hyde & Barbour, PC as the Company's independent auditors for the year ending December 31, 2026.