UNITED STATES
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) March 13, 2012
Potomac Bancshares, Inc.
(Exact Name of Registrant as
Specified in Charter)
West Virginia
(State of Other Jurisdiction
of Incorporation)
0-24958
(Commission File Number)
55-0732247
(IRS Employer Identification No.)
111 E. Washington St., PO Box
906, Charles Town WV 25414-0906
(Address of Principal Executive Offices) (Zip Code)
304-725-8431
Registrant’s telephone
number, including area code
N/A
(Former Name or Former Address, if Changed Since
Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 5 – Corporate Governance and Management
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
For Immediate Release March 16, 2012
Robert F. Baronner Jr., President and CEO of Potomac Bancshares, Inc., announced the retirement of William R. Harner, Director of the Board of Directors of Potomac Bancshares, Inc. and the Bank of Charles Town, effective at the next annual meeting of shareholders of Potomac Bancshares, Inc.
In addition, the Board of Directors of Potomac Bancshares, Inc. also approved the nominations of the following existing directors to be put forth for re-election at the next annual meeting of shareholders of Potomac Bancshares, Inc.; Stanley R. Merson, Dr. Keith Berkeley, and John C. Skinner, Jr. Additionally, Barbara L. Scott was nominated as a new director to serve for a three-year term.
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.
| /s/ Robert F. Baronner, Jr. |
| Robert F. Baronner, Jr., President and CEO |
| March 16, 2012 |
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