PB Bankshares
PB Bankshares, Inc. was a community bank holding company operating through its Presence Bank subsidiary, providing personal and business banking services to individual and commercial customers in Chester and Lancaster Counties, Pennsylvania, before its January 2026 acquisition by Norwood Financial Corp.
- Company typePublic
- Founded1900
- HeadquartersNew Holland, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What PB Bankshares does
PB Bankshares, Inc. was a bank holding company headquartered in Coatesville, Pennsylvania, operating through its wholly-owned subsidiary Presence Bank. The company provided traditional community banking services—including deposits, lending, and related financial products—to individual and business customers primarily in Chester and Lancaster Counties, Pennsylvania. The company traced its history to over 100 years of community banking operations, which it cited as a core competitive differentiator against larger regional and national banks lacking equivalent local market knowledge.
PB Bankshares firmographics
Firmographics- Name
- PB Bankshares
- Legal name
- PB Bankshares, Inc.
- Website
- https://ir.presencebank.com
- Company type
- Public
- Founded year
- 1900
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- PB Bankshares, Inc. was a community bank holding company operating through its Presence Bank subsidiary, providing personal and business banking services to individual and commercial customers in Chester and Lancaster Counties, Pennsylvania, before its January 2026 acquisition by Norwood Financial Corp.
- Ownership category
- akta.pro rank
PB Bankshares industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Offices of Bank Holding Companies (551111)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)
Keywords
Where PB Bankshares is headquartered
LocationHeadquarters
- HQ city
- New Holland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PB Bankshares business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others
Revenue model
- Net Interest Income: Traditional community bank generating revenue primarily through interest earned on loans and investments, funded by customer deposits.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
PB Bankshares product offering
Product offeringCore offering
PB Bankshares operates as a bank holding company through its wholly-owned subsidiary, Presence Bank, providing community banking services to individual and business customers in Chester and Lancaster Counties, Pennsylvania. The subsidiary offers deposit products, lending services, and standard financial services with a personal service approach grounded in over 100 years of community presence.
Product overview
PB Bankshares operates as a bank holding company with a single operating subsidiary, Presence Bank. The company offers community banking services through its wholly-owned bank subsidiary, serving individual and business customers. The company was acquired by Norwood Financial Corp effective January 5, 2026, with Presence Bank merging into Wayne Bank. The combined entity has approximately $2.9 billion in assets and 33 office locations.
Differentiator
Problem solved
Functional benefit
Products and services
- Presence Bank Wholly-owned community banking subsidiary of PB Bankshares providing deposit accounts, lending services, and standard financial products to individual and business customers in Chester and Lancaster Counties, Pennsylvania, with over 100 years of local community banking history.
Companies that use PB Bankshares
Customer profileSegments1 record
Ideal customer profiles1 record
PB Bankshares technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
PB Bankshares partnerships and signals
Strategic signalScale indicators5 records
Recent moves1 record
Expansion highlights3 records
PB Bankshares competitors and assessment
Company assessmentDirect peers
- Mid Penn Bancorp: Central Pennsylvania community bank holding company with branch-based consumer and small-business banking services comparable to PB Bankshares in product mix and community-banking orientation.
- Norwood Financial Corp: The acquirer of PB Bankshares and direct peer. Norwood Financial Corp operates Wayne Bank, a Pennsylvania community bank with overlapping deposit, lending, and small-business banking services in similar rural and suburban Pennsylvania markets.
- Univest Financial Corporation: Pennsylvania-based community bank holding company serving consumers and small businesses across southeastern PA with comparable deposit, mortgage, and commercial lending products — directly overlapping PB Bankshares' core markets.
- Republic First Bancorp: Philadelphia-area community bank holding company offering consumer and business banking products in markets adjacent to PB Bankshares' Pennsylvania footprint, with a comparable community-bank business model.
- Tompkins Financial Corporation: Mid-Atlantic community bank holding company with Pennsylvania operations offering similar consumer and small-business banking services, comparable community-bank business model, and overlapping geographic footprint.
- Bryn Mawr Bank Corporation: Southeastern Pennsylvania community bank holding company (The Bryn Mawr Trust Company) providing consumer and business banking, wealth management, and lending — directly comparable in scale, geography, and product set.
- ACNB Corporation: Pennsylvania community bank holding company operating ACNB Bank, serving south-central PA and northern MD with consumer, small-business, and agricultural lending — closely mirroring PB Bankshares' community-banking proposition.
- Customers Bancorp: Pennsylvania-based bank holding company with community-banking and commercial lending operations, overlapping geographic footprint and serving similar consumer and small-business segments.
Broad incumbents
- F.N.B. Corporation: Larger Pennsylvania-headquartered regional bank holding company with community-banking operations across PA and surrounding states — a broader incumbent competing for the same consumer and small-business relationships.
- WSFS Financial Corporation: Mid-Atlantic regional bank holding company with consumer and small-business banking in Pennsylvania and Delaware, representing a larger incumbent competitor in adjacent markets with overlapping product offerings.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
PB Bankshares social profiles
Digital presencePB Bankshares financial estimates
Financial estimateRevenue estimate
Valuation estimate
PB Bankshares leadership team
Management profileNumber of profiles
Profiles14 records
PB Bankshares subsidiaries and ownership
Company hierarchySubsidiaries1 record
PB Bankshares funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PB Bankshares M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PB Bankshares
What does PB Bankshares do?
PB Bankshares operates as a bank holding company through its wholly-owned subsidiary, Presence Bank, providing community banking services to individual and business customers in Chester and Lancaster Counties, Pennsylvania. The subsidiary offers deposit products, lending services, and standard financial services with a personal service approach grounded in over 100 years of community presence.
Is PB Bankshares a public or private company?
PB Bankshares is a public company. It is classified as public and is currently acquired.
When was PB Bankshares founded?
PB Bankshares was founded in 1900. It employs 11 to 50 people.
Where is PB Bankshares based?
PB Bankshares is headquartered in New Holland, United States, in the North America region.
How does PB Bankshares make money?
One revenue line is on record: net Interest Income.
Who are PB Bankshares's main competitors?
Direct peers on record are Mid Penn Bancorp, Norwood Financial Corp, Univest Financial Corporation, Republic First Bancorp, Tompkins Financial Corporation, Bryn Mawr Bank Corporation, ACNB Corporation and Customers Bancorp. Broad incumbents are F.N.B. Corporation and WSFS Financial Corporation.
Does PB Bankshares have an API?
No public API is recorded for PB Bankshares.
What industry is PB Bankshares in?
PB Bankshares's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 52211 and its SIC code is 6022.