-----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, JEWWPZrT3dVIYFAnyxcosGbXjLBn6HaMIvB6FutjH+klhaT6FJwnNv2KJIZ4NAs+ niZBSeW50k5q3z/ZtaKNYA== 0001021408-02-002684.txt : 20020414 0001021408-02-002684.hdr.sgml : 20020414 ACCESSION NUMBER: 0001021408-02-002684 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020220 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020221 FILER: 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24958 FILM NUMBER: 02555005 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 8-K 1 d8k.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ----------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported) February 20, 2002 ----------------- Potomac Bancshares, Inc. (Exact Name of Registrant as Specified in Charter) West Virginia 0-24958 55-0732247 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 111 E. Washington St., PO Box 906, Charles Town WV 25414-0906 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code 304-725-8431 ------------ N/A ------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) 1 Item 5. Other Events. As explained in the attached press release, the Board of Directors of Potomac Bancshares, Inc., the one bank holding company for Bank of Charles Town (BCT), has authorized management to repurchase up to 60,000 shares of the Corporation's common stock. The stock will be purchased in the open market and/or by privately negotiated transactions as management and the board of directors determine prudent. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Financial Statements - None (b) Pro Forma Financial Information - None (c) Exhibits 99 Press Release SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Potomac Bancshares, Inc. Date February 20, 2002 /s/ Robert F. Baronner, Jr. ----------------- ------------------------------------------ Robert F. Baronner, Jr., President and CEO 2 EX-99 3 dex99.txt PRESS RELEASE Exhibit 99 For Immediate Release Potomac Bancshares, Inc. Wednesday, February 20, 2002 Contact: Robert F. Baronner, Jr., President and Chief Executive Officer (304) 728-2431 Potomac Bancshares Announces Stock Repurchase Plan Charles Town, WV --- The Board of Directors of Potomac Bancshares, Inc., the one bank holding company for BCT (Bank of Charles Town), has authorized management to buy up to 60,000 shares of the Corporation's common stock. This amounts to 10% of the Corporation's 600,000 outstanding shares. The stock will be purchased in the open market and/or by privately negotiated transactions as management and the board of directors determines prudent. Potomac Bancshares, Inc. through its subsidiary, BCT (Bank of Charles Town), is a $174 million commercial bank that operates four full service banking locations in the Eastern Panhandle of West Virginia. -----END PRIVACY-ENHANCED MESSAGE-----