POTOMAC BANCSHARES, INC. REPORTS 2023 FOURTH QUARTER AND FULL YEAR RESULTS [Yahoo! Finance]
POTOMAC BNCSHS INC (PTBS)
NASDAQ:AMEX Investor Relations:
mybct.com/about-us/investor-relations
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Source: Yahoo! Finance
Charles Town (BCT), for the quarter ended December 31, 2023 , earned $1.710 million or per share compared to $1.953 million or per share for the quarter ended December 31, 2022 , and $1.729 million in the third quarter of 2023 or per share. Net income was $7.264 million for the full year 2023 or per share compared to $7.311 million or per share in 2022. The full year was impacted by the pre-tax loss on sales of securities in the third and fourth quarters totaling $428 thousand . Excluding these losses, net income for 2023 would have been $7.596 million , or per share. Net income was $7.311 million for the full year 2022 or per share. Excluding the $367 thousand pre-tax loss on sales of securities in the fourth quarter of 2022, net income for the full year 2022 would have been $7.598 million , or per share. Alice P. Frazier , CEO and President, commented, "As we conclude another successful year, it is important to thank the entire BCT team for their intentional efforts toward bui
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