Potomac Bancshares Surpasses $1 Billion in Assets and Reports Year-Over-Year Net Income Growth

Potomac Bancshares, Inc. (OTCD: PTBS) announced its third quarter 2026 financial results, highlighted by the company surpassing the $1 billion asset milestone. The bank reported net income of $2.6 million, or $0.63 per diluted share, marking a 12% increase compared to the same period in 2025. Despite a sequential decline from Q2 2026 due to non-recurring revenue items in the previous quarter, the company noted that current performance reflects strong core banking fundamentals. Strategic growth initiatives included opening a new branch in Winchester, Virginia, and making key leadership investments in operations and digital strategy. Additionally, the company successfully refinanced $15 million of subordinated debt to lower interest costs and provide capital for future asset growth. The bank maintained a net interest margin of 3.79%, up from 3.54% in Q3 2025.

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