Potomac Bancshares Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2015. For the period, the company earned $752,000 or 22 cents per share compared to $608,000 or 18 cents a share in the quarter ended December 31, 2014. Net Interest Income was $2,894,000 compared to $2,713,000 a year ago. Income before income tax expense was $1,164,000 compared to $930,000 a year ago. Annualized Return on average equity was 9.45% compared to 7.75% a year ago. Annualized return on average assets was 0.86% compared to 0.76% a year ago. Book Value per share was $9.52 compared to $8.86 a year ago.

For the year, the company's earnings were $2.580 million or 76 cents per share compared to earnings in 2014 of 64 cents per share. This is an improvement of about 19% in per share earnings over 2014. Net interest income was $11,301,000 compared to $10,797,000 a year ago. Income before income tax expense was $3,927,000 compared to $3,218,000 a year ago. Annualized Return on average equity was 8.32% compared to 7.06% a year ago. Annualized return on average assets was 0.78% compared to 0.70% a year ago.