For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Interest and fees on loans | 28,388,000 | 27,892,500* | 26,984,000 | 27,029,000 |
| Interest and dividends on securities held-to-maturity | 2,000 | -1,500* | 2,000 | 3,000 |
| Interest and dividends on securities available-for-sale | 865,000 | 918,000* | 906,000 | 914,000 |
| Dividends on restricted stock | 91,000 | 93,000* | 118,000 | 120,000 |
| Interest on deposits at other financial institutions | 475,000 | 609,500* | 1,817,000 | 1,364,000 |
| Interest on federal funds purchased | - | 0* | 0 | 0 |
| Total interest and dividend income | 29,821,000 | 29,511,500* | 29,827,000 | 29,430,000 |
| Interest on deposits | 11,703,000 | 12,982,500* | 13,071,000 | 12,958,000 |
| Interest on short-term debt | 148,000 | 49,000* | 478,000 | 468,000 |
| Interest on long-term debt | 566,000 | 399,000* | 245,000 | 245,000 |
| Total interest expense | 12,417,000 | 13,430,500* | 13,794,000 | 13,671,000 |
| Net interest income | 17,404,000 | 16,081,000* | 16,033,000 | 15,759,000 |
| Provision for credit losses | 168,000 | 869,000* | 375,000 | 105,000 |
| Net interest income after provision for credit losses | 17,236,000 | 15,212,000* | 15,658,000 | 15,654,000 |
| Loss on termination of derivative instruments | - | -140,000* | 0 | 154,000 |
| Service charges on deposit accounts | 361,000 | 343,500* | 321,000 | 282,000 |
| Bank owned life insurance income | 73,000 | 73,000* | 73,000 | 71,000 |
| Income from minority membership interests | 240,000 | -41,500* | 508,000 | 351,000 |
| Other income | 209,000 | 340,500* | 131,000 | 150,000 |
| Total noninterest income | 883,000 | 575,500* | 1,033,000 | 1,008,000 |
| Salaries and employee benefits | 5,442,000 | 4,937,500* | 5,115,000 | 5,036,000 |
| Occupancy and equipment expense | 538,000 | 519,500* | 520,000 | 539,000 |
| Data processing and network administration | 618,000 | 572,500* | 559,000 | 550,000 |
| Internet banking and software expense | 884,000 | 781,000* | 890,000 | - |
| State franchise taxes | 568,000 | 595,000* | 583,000 | 583,000 |
| Fdic insurance | 330,000 | 306,000* | 238,000 | 290,000 |
| Internet banking and software expense | - | - | - | 864,000 |
| Marketing, business development and advertising | 155,000 | 106,000* | 211,000 | 249,000 |
| Loan processing fee (income) | 244,000 | 358,000* | 280,000 | 204,000 |
| Directors fees | 165,000 | 180,000* | 150,000 | 150,000 |
| Core deposit intangible amortization | 25,000 | 32,000* | 30,000 | 32,000 |
| Other operating expenses | 903,000 | 832,500* | 896,000 | 931,000 |
| Total noninterest expenses | 9,872,000 | 9,220,000* | 9,472,000 | 9,428,000 |
| Net income before income tax expense | 8,247,000 | 6,567,500* | 7,219,000 | 7,234,000 |
| Income tax expense | 1,861,000 | 1,379,500* | 1,640,000 | 1,567,000 |
| Net income | 6,386,000 | 5,188,000 | 5,579,000 | 5,667,000 |
| Basic EPS | 0.36 | 0.095 | 0.31 | 0.31 |
| Diluted EPS | 0.35 | 0.095 | 0.31 | 0.31 |
| Basic Average Shares | 17,931,000 | 54,326,821 | 18,050 | 18,129 |
| Diluted Average Shares | 18,110,000 | 54,743,564 | 18,180 | 18,256 |
FVCBankcorp, Inc. (FVCB)
FVCBankcorp, Inc. (FVCB)