CHARLES TOWN, W.Va., Jan. 21, 2014 /PRNewswire/ -- The Board of Directors of Potomac Bancshares, Inc., (OTC-QB: PTBS), the One Bank Holding Company for Bank of Charles Town, at its January 2014 meeting declared a 4.25 cents per share dividend for all shareholders of record on January 27, 2014. This cash dividend will be payable on February 3, 2014.
At its December 2013 meeting, Norman M. Casagrande was elected to both the Bank of Charles Town and Potomac Bancshares Inc. Board of Directors. Casagrande is an owner and member of Code Plus Components LLC in Spring Mills, West Virginia. Code Plus is a manufacturer of roof trusses and engineered beams for the housing industry. President and CEO of Bank of Charles Town Robert Baronner said of Casagrande, "Norman brings a wealth of knowledge about the housing industry to our company. He and his partners were able to prosper through one of the most difficult periods in the history of the residential construction business. His perspective will be an invaluable asset to our board as the economy and the residential construction business continues to recover."
Bank of Charles Town has locations in Charles Town, Harpers Ferry, Kearneysville, Martinsburg and Hedgesville, West Virginia and a new loan production office in Middleburg, Virginia. The bank also opened a new full service branch in Hagerstown, Maryland in early January 2014. For more information visit online at www.mybct.com or speak to our staff at 304-725-8431.
SOURCE Potomac Bancshares, Inc.