-----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, GFMu40R5261xhHBlYNBJbugbiE1U9xBSpZbB5XViiqa3ozZCW+2zuxU/1CQ58Nul awhhnO1fLARvJwcoyQld+A== 0000950169-98-000105.txt : 19980212 0000950169-98-000105.hdr.sgml : 19980212 ACCESSION NUMBER: 0000950169-98-000105 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980211 SROS: NONE 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: 98532310 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 BANK OF CHARLES TOWN TRUST/POTOMAC BANCSHARES INC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13D-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 3 ) 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 3 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 ID 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 1,820 ============= ========================================== BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- ============= ========================================== EACH 7 SOLE DISPOSITIVE POWER REPORTING 1,820 ============= ========================================== PERSON 8 SHARED DISPOSITIVE POWER WITH -0- ========== ============ ======================================================== 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 3 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, 1997. (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 1,820 SHARES (ii) Trust department holds Shared power to vote or to direct the vote of NONE (iii) Trust department holds Sole power to dispose or to direct the disposition of 1,820 SHARES (iv) Trust department holds Shared power to dispose or to direct the disposition of NONE The Trust Department holds 51,561 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 3 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, 1997) The Trust and Financial Services Division holds a total of 53,381 shares of POTOMAC BANCSHARES stock. For 51,561 shares, or 8.59% 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 1,820 shares, or .30% (.0030) of the class, the Trust and Financial Services Division holds sole 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 January 30, 1998 - ------------------------- ---------------- Charles W. LeMaster, President DATE /s/ Robert L.Hersey January 30, 1998 - ------------------------- ---------------- Robert L. Hersey, Vice President and Trust Officer DATE frm13g97.rlh BANK OF CHARLES TOWN TRUST AND FINANCIAL SERVICES DEPARTMENT TRUST ACCOUNTS HOLDING PARENT COMPANY STOCK OF * * * POTOMAC BANCSHARES, INC. * * * AS OF 12/31/97 Symbol : PBI Cusip Number : 737643106 ================================================================================ Account # Account Name PBI Shares held ================================================================================ 10-02222 * ESTATE OF GERTRUDE G. HOLMES 220.0000 12-00112 * MARY BOGARDUS PORTERFIELD COMMITTEE 1,440.0000 20-01929 CAROLYN B. MARSHALL TRUST 2,880.0000 20-02159 SARAH M. CASSELL TRUST 496.0000 22-02189 EDWARD L. MCDONALD, JR. , FAMILY TRUST 234.0000 25-00270 ZION CHURCH G/F TRUST 320.0000 25-01820 OLD CHARLES TOWN LIBRARY TRUST 2,000.0000 30-01206 P. GERALD & JEAN F. DORSEY 184.0000 30-01473 SARA C. BLUE AGENCY 288.0000 30-01500 BARBARA A. WHITE AGENCY 48.0000 30-01911 E. CHARLES STOCKMAR AGENCY 2,090.0000 31-02055 MARY B. PORTERFIELD AGENCY 3,156.0000 31-02057 PHILIP T. PORTERFIELD, JR. AGENCY 11,776.0000 31-02086 JUNE E. HUYETT AGENCY 8,600.0000 31-02110 GUNNELL H. PORTERFIELD AGENCY 8,608.0000 31-02154 GEORGE M. WILLIAMS AGENCY 80.0000 32-02134 CHARLES E. BECKER AGENCY 223.0000 32-02198 * LOUISE M. BAUMGARDNER LIFE-ESTATE AGENCY 160.0000 32-02208 ANN C. PORTERFIELD TRUSTEE,AGENCY 8,096.0000 32-02215 MARGARET R. SKINNER AGENCY 336.0000 41-02153 ROBERT L. HERSEY IRA 200.0000 44-02149 NICHOLS & SKINNER, L.C. P/S 1,946.0000 ____________ TOTAL SHARES 53,381.0000 ============ TOTALS PBI SHARES OUTSTANDING: 600,000.0000 SHARES HELD PER CENT OF CLASS ----------- ----------------- *FULL VOTING AND DISPOSITION AUTHORITY HELD BY BANK AS FIDUCIARY 1,820.000 .30% or .0030 VOTING AND DISPOSITION AUTHORITY HELD BY GRANTOR 51,561.000 8.59% or .0859 ---------- -------------- TOTAL SHARES 53,381.000 8.89% OR .0889 =========== ============== -----END PRIVACY-ENHANCED MESSAGE-----