Potomac Banchares

Ticker: PTBS CUSIP: 737643106 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

Note: Option positions (PUT/CALL) are excluded.

Q3 2020

Shares 17,124 Value ($000) $166 Avg Close $8.65 Range $8.39 - $9.26

Q2 2020

Shares 19,234 Value ($000) $204 Avg Close $8.65 Range $8.15 - $9.27

Q1 2020

Shares 19,234 Value ($000) $200 Avg Close $11.27 Range $6.87 - $12.22

Q4 2019

Shares 19,234 Value ($000) $271 Avg Close $11.84 Range $11.74 - $12.03

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2020	17,124	$166	$8.65	$8.39 - $9.26
Q2 2020	19,234	$204	$8.65	$8.15 - $9.27
Q1 2020	19,234	$200	$11.27	$6.87 - $12.22
Q4 2019	19,234	$271	$11.84	$11.74 - $12.03