SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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
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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
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
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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.
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Robert F. Baronner, Jr., President and CEO
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