Potomac Bancshares (Potomac Bancshares) Tax Rate % : 21.37% (As of Sep. 2018)

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What is Potomac Bancshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Potomac Bancshares's Tax Expense for the three months ended in Sep. 2018 was $0.22 Mil. Potomac Bancshares's Pre-Tax Income for the three months ended in Sep. 2018 was $1.04 Mil. Therefore, Potomac Bancshares's Tax Rate % for the quarter that ended in Sep. 2018 was 21.37%.

Potomac Bancshares Tax Rate % Historical Data

The historical data trend for Potomac Bancshares's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Potomac Bancshares Tax Rate % Chart

Potomac Bancshares Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Tax Rate %

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36.14

31.42

39.06

27.49

55.31

Potomac Bancshares Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Mar14	Jun14	Sep14	Mar15	Jun15	Sep15	Mar16	Jun16	Sep16	Mar17	Jun17	Sep17	Mar18	Jun18	Sep18
Tax Rate %	Get a 7-Day Free Trial															35.09	32.46	22.01	22.18	21.37

Potomac Bancshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Potomac Bancshares's Tax Rate % for the fiscal year that ended in Dec. 2011 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2011 )	/	Pre-Tax Income (A: Dec. 2011 )
	=	-1.25	/	-2.26
	=	55.31 %

Potomac Bancshares's Tax Rate % for the quarter that ended in Sep. 2018 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2018 )	/	Pre-Tax Income (Q: Sep. 2018 )
	=	0.222	/	1.039
	=	21.37 %

Potomac Bancshares Tax Rate % Related Terms

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Potomac Bancshares (Potomac Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Potomac Bancshares Inc (OTCPK:PTBS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 East Washington Street, P.O. Box 906, Charles Town, WV, USA, 25414-0906

Website

https://www.mybct.com

Potomac Bancshares Inc is a bank holding company. The bank engages in the general banking business and provides individuals, businesses, and local governments with a range of banking services. The services provided by the bank include commercial credit lines, equipment loans, and construction financing; real estate loans, secondary market, and adjustable-rate mortgages; retail loan products including home equity lines of credit; checking and savings accounts for businesses and individuals; and certificates of deposit and individual retirement accounts.