For the quarter ending 2025-09-30, FVCB made $54,126,000 in revenue. $5,579,000 in net income. Net profit margin of 10.31%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest and fees on loans | 26,984,000 | 27,029,000 | ||
| Interest and dividends on securities held-to-maturity | 2,000 | 3,000 | ||
| Interest and dividends on securities available-for-sale | 906,000 | 914,000 | ||
| Dividends on restricted stock | 118,000 | 120,000 | ||
| Interest on deposits at other financial institutions | 1,817,000 | 1,364,000 | ||
| Total interest and dividend income | 29,827,000 | 29,430,000 | ||
| Interest on deposits | 13,071,000 | 12,958,000 | ||
| Interest on federal funds purchased | 0 | 0 | ||
| Interest on short-term debt | 478,000 | 468,000 | ||
| Interest on subordinated notes | 245,000 | 245,000 | ||
| Total interest expense | 13,794,000 | 13,671,000 | ||
| Net interest income | 16,033,000 | 15,759,000 | ||
| Provision for (recovery of) credit losses | 375,000 | 105,000 | ||
| Net interest income after provision for (recovery of) credit losses | 15,658,000 | 15,654,000 | ||
| Service charges on deposit accounts | 321,000 | 282,000 | ||
| Boli income | 73,000 | 71,000 | ||
| Income from minority membership interests | 508,000 | 351,000 | ||
| Gain on termination of derivative instruments | 0 | 154,000 | ||
| Other income | 131,000 | 150,000 | ||
| Total noninterest income | 1,033,000 | 1,008,000 | ||
| Salaries and employee benefits | 5,115,000 | 5,036,000 | ||
| Occupancy and equipment expense | 520,000 | 539,000 | ||
| Data processing and network administration | 559,000 | 550,000 | ||
| Internet banking and software expense | 890,000 | - | ||
| State franchise taxes | 583,000 | 583,000 | ||
| Fdic insurance | 238,000 | 290,000 | ||
| Internet banking and software expense | - | 864,000 | ||
| Marketing, business development and advertising | 211,000 | 249,000 | ||
| Loan processing fee (income) | 280,000 | 204,000 | ||
| Directors fees | 150,000 | 150,000 | ||
| Core deposit intangible amortization | 30,000 | 32,000 | ||
| Other operating expenses | 896,000 | 931,000 | ||
| Total noninterest expenses | 9,472,000 | 9,428,000 | ||
| Net income before income tax expense | 7,219,000 | 7,234,000 | ||
| Income tax expense | 1,640,000 | 1,567,000 | ||
| Net income | 5,579,000 | 5,667,000 | ||
| Earnings per share, basic | 0.31 | 0.31 | ||
| Earnings per share, diluted | 0.31 | 0.31 | ||
| Weighted average shares - basic (in shares) | 18,050 | 18,129 | ||
| Weighted average shares - diluted (in shares) | 18,180 | 18,256 | ||
FVCBankcorp, Inc. (FVCB)
FVCBankcorp, Inc. (FVCB)