-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JIRXnZ+00q3Mb+wsTLHbX1+N9nnp1fmnVF8Rpnxw/u9ZEr6AzpUYZytMyAnHToR6 MAi0bIddH0DC0tHWFL5+Ag== 0000950169-00-000062.txt : 20000211 0000950169-00-000062.hdr.sgml : 20000211 ACCESSION NUMBER: 0000950169-00-000062 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: POTOMAC BANCSHARES INC CENTRAL INDEX KEY: 0000925173 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 550732247 STATE OF INCORPORATION: WV FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-52947 FILM NUMBER: 531808 BUSINESS ADDRESS: STREET 1: 111 EAST WASHINGTON ST CITY: CHARLES TOWN STATE: WV ZIP: 25414 BUSINESS PHONE: 3047258431 MAIL ADDRESS: STREET 1: P O BOX 906 CITY: CHARLES TOWN STATE: WV ZIP: 25414 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF CHARLES TOWN CENTRAL INDEX KEY: 0001054936 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 550118850 STATE OF INCORPORATION: WV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: P O BOX 906 CITY: CHARLES TOWN STATE: WV ZIP: 25414 BUSINESS PHONE: 3047258431 MAIL ADDRESS: STREET 1: P O BOX 906 CITY: CHARLES TOWN STATE: WV ZIP: 25414 SC 13G/A 1 POTOMAC BANCSHARES INC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 5 ) /1/ --- POTOMAC BANCSHARES, INC. ------------------------ NAME OF ISSUER COMMON ------ Title of Class of Securities 737643106 --------- CUSIP Number Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in item 1; and (2) has no amendment subsequent thereto reporting beneficial owner ship of five percent or less of such class.) (See rule 13d-7). ___________________________________ /1/ The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 737643106 13G Page 1 of 4 Pages --------- --- --- 1 NAME OF REPORTING PERSONS Bank of Charles Town Trust & Financial Services Dept. S.S OR I.R.S. OR IDENTIFICATION NO. OF ABOVE PERSON 55-0118850 2 CHECK THE APPROPRIATE BOX IS A MEMBER OF A GROUP* Shares held by Bank's Trust Department (a) [ ] (b) [X] 3 SEC use only 4 CITIZENSHIP OR PLACE OF ORGANIZATION West Virginia Corporation NUMBER OF 5 SOLE VOTING POWER SHARES 1,440 BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,740 EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,440 PERSON 8 SHARED DISPOSITIVE POWER WITH 1,740 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% 12 TYPE OF REPORTING PERSON* BK *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 4 ITEM 1(a)-NAME OF THE BANK ISSUER: POTOMAC BANCSHARES, INC. (a one-bank holding company) by: BANK OF CHARLES TOWN ITEM 1(b)-ADDRESS OF BANK'S PRINCIPAL EXECUTIVE OFFICES: 111 East Washington Street P. O. Box 906 Charles Town, WV 25414 ITEM 2(a)-NAME OF PERSON FILING: BANK OF CHARLES TOWN Trust and Financial Services Division ITEM 2(b)-ADDRESS OF PRINCIPAL BUSINESS OFFICE: 111 East Washington Street P. O. Drawer 40 Charles Town, WV 25414 ITEM 2(c)-CITIZENSHIP: Not applicable ITEM 2(d)-TITLE OF CLASS OF SECURITIES: Common Stock ITEM 2(e)-CUSIP NUMBER: 737643106 ITEM 3-STATEMENT FILED UNDER SECTION 13d-1(b): Trust and Financial Services Division, Bank of Charles Town, is a bank as defined in section 3(a)(6) of the Act. Bank of Charles Town is a wholly owned subsidiary of POTOMAC BANCSHARES, INC., a one-bank holding company. ITEM 4-OWNERSHIP: (a) No (-0-) shares of POTOMAC BANCSHARES are beneficially owned as of December 31, 1999. (b) Percent of class: -0- of 600,000 total = 0.00% (c) (i) Trust department holds Sole power to vote or to direct the vote of 1,440 shares (ii) Trust department holds Shared power to vote or to direct the vote of 1,740 shares (iii) Trust department holds Sole power to dispose or to direct the disposition of 1,440 shares (iv) Trust department holds Shared power to dispose or to direct the disposition of 1,740 shares The Trust Department holds 49,194 shares in accounts in which all power to vote and direct disposition is retained by grantor or beneficiaries; with no power to vote, and no power to direct disposition, vested in the bank as fiduciary. The shares are held in fiduciary and agency accounts by the Trust and Financial Services Division (the Trust Department) for the benefit of grantors and beneficiaries of the accounts owning POTOMAC BANCSHARES stock. No Trust department client, beneficiary, or grantor holds a preferred-right to purchase POTOMAC BANCSHARES stock: The opportunity to purchase accrues and devolves to all present shareholders and non-shareholders equally. Any future receipts of Page 3 of 4 POTOMAC BANCSHARES stock for accounts in the BANK OF CHARLES TOWN, Trust and Financial Services Division will be the result of: 1) shares received upon qualification as executor or administrator of a deceased shareholder's estate, or 2) delivery in kind, or specific and expressed direction to purchase, by the client or grantor. It is the express policy of the Trust and Department not to encourage, recommend, or suggest the purchase of POTOMAC BANCSHARES stock for trust or agency accounts. ITEM 5-OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not applicable ITEM 6-OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: (AS OF DECEMBER 31, 1999) The Trust and Financial Services Division holds a total of 52,374 shares of POTOMAC BANCSHARES stock. For 49,194 shares, or 8.20% of the class, the right to receive or the power to direct the receipt of dividends from these securities, and the right to receive or the power to direct the receipt of proceeds from the sale of these securities, is vested in the grantors and beneficiaries with no such authority vested in the trust division. For 1,440 shares, or .24% (.0024) of the class, the Trust and Financial Services Division holds sole authority to vote and direct disposition through its fiduciary capacity. For 1,740 shares, or .29% (.0029) of the class, the Trust and Financial Services Division holds shared authority to vote and direct disposition through its fiduciary capacity. No one individual client has such an interest that relates to more than 5% of the class. ITEM 7-IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Not applicable ITEM 8-IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not applicable ITEM 9-NOTICE OF DISSOLUTION OF GROUP: Not applicable ITEM 10-CERTIFICATION: By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transactions having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. /s/Charles W. LeMaster 2/4/2000 - -------------------------------------------------- ---------------- Charles W. LeMaster, President DATE /s/Robert L. Hersey 2/4/2000 - -------------------------------------------------- ----------------- Robert L. Hersey, Vice President and Trust Officer DATE frm13g99.rlh Page 4 of 4 Holders AS OF A Specific Date * * * POTOMAC BANCSHARES, INC. * * * AS OF 12/31/99
Ticker Symbol : PTBS Cusip Number : 737643106 - --------------------------------------------------------------- Account # Account Name Shares 10-02262 **ESTATE OF DOROTHY CAPERTON 1,740. 12-00112 *MARY BOGARDUS PORTERFIELD COMMITTEE 1,440. 20-01929 CAROLYN B. MARSHALL TRUST 2,880. 22-02189 EDWARD L. MCDONALD, JR. , FAMILY TRUST 234. 25-00270 ZION CHURCH G/F TRUST 320. 25-01820 OLD CHARLES TOWN LIBRARY TRUST 2,000. 30-01206 P. GERALD & JEAN F. DORSEY 184. 30-01500 BARBARA A. WHITE AGENCY 48. 30-01911 E. CHARLES STOCKMAR AGENCY 2,090. 31-02055 MARY B. PORTERFIELD AGENCY 3,156. 31-02057 PHILIP T. PORTERFIELD, JR. AGENCY 11,776. 31-02086 JUNE E. HUYETT AGENCY 8,600. 31-02110 GUNNELL H. PORTERFIELD AGENCY 7,075. 31-02154 GEORGE M. WILLIAMS AGENCY 80. 32-02134 CHARLES E BECKER AGENCY 223. 32-02208 ANN C. PORTERFIELD TRUSTEE,AGENCY 8,096. 32-02215 MARGARET R. SKINNER AGENCY 286. 41-02153 ROBERT L. HERSEY IRA 200. 44-02149 NICHOLS & SKINNER, L.C. P/S 1,946. ------- TOTAL SHARES HELD 52,374.
TOTAL PTBS SHARES OUTSTANDING: 600,000
SHARES HELD PER CENT OF CLASS ----------- ----------------- *FULL VOTING AND DISPOSITION AUTHORITY HELD BY BANK AS FIDUCIARY: SHARES NOT VOTED BY BANK 1,440 .24% or .0024 **VOTING AND DISPOSITION AUTHORITY SHARED WITH CO-EXECUTOR: SHARES NOT VOTED BY BANK 1,740 .29% or .0029 VOTING AND DISPOSITION AUTHORITY HELD BY OWNER/GRANTOR 49,194 8.20% or .0820 ------ -------------- TOTAL SHARES 52,374 8.73% or .0873 ====== ==============
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