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BCT-Bank of Charles Town Named Top 200 Performing Bank by American Banker
BCT-Bank of Charles Town Named Top 200 Performing Bank by American Banker.
About this update from Potomac Bancshares, Inc.
[{"type":"text","content":"\n\n\n\nBCT-Bank of Charles Town Named Top 200 Performing Bank by American Banker\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nBCT-Bank of Charles Town Named Top 200 Performing Bank by American Banker\nPR Newswire\nCHARLES TOWN, W.Va., June 26, 2023\n\n\n\nCHARLES TOWN, W.Va., 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.\n\n \n \n \n \n \n \n\n \n\"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.\"\nEach 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.)\nThe 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.\nAbout BCT-Bank of Charles Town\nFounded in 1871, BCT - Bank of Charles Town, also known as The Community's Bank,...