Potomac Bancshares, Inc. Declares 8% Increase to Quarterly Cash Dividend

April 21, 2025

Charles Town, WV, April 21, 2025 / PR Newswire / – The Board of Directors of Potomac Bancshares, Inc. (the "Company") (OTC:PTBS), the holding company for Bank of Charles Town (BCT), also known as The Community’s Bank, declared at their April Board meeting a quarterly cash dividend of $0.13 per share, an 8% increase from the previous quarter’s dividend of $0.12. The dividend is for all shareholders of record on May 1, 2025, and will be paid on May 8, 2025.

“We are pleased to provide our shareholders an 8% increase in their dividend, from $0.12 to $0.13 per share,” stated Alice P. Frazier, President and CEO. “The Board’s decision reflects our sustained success and the commitment to delivering shareholder value.”

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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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