FACTANKER · measured, cited, anchored official records connected

Call reports 2016

FVCBANK — 2016

What FVCBANK reported to the FFIEC in 2016, quarter by quarter.

PERIOD: 2016SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/145619f2-b774-4cd1-b7b0-e11f4e8caad0/2016

Balance sheet

What the bank holds and owes at quarter end

Measure2016Q12016Q22016Q32016Q4
Total assets740,904,000796,802,000837,009,000907,785,000
Total loans639,621,000664,115,000687,723,000768,103,000
Allowance for loan losses6,239,0006,339,0005,891,0006,453,000
Securities available for sale67,977,00097,975,00098,261,000109,973,000
Securities held to maturity2,247,000263,000263,0001,760,000
Trading assets0000
Total deposits660,697,000678,504,000732,324,000776,740,000
Interest-bearing deposits627,079,000636,289,000688,969,000739,088,000
Noninterest-bearing deposits33,618,00042,215,00043,354,00037,652,000
Equity capital75,614,00098,869,000100,839,000101,361,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2016Q12016Q22016Q32016Q4
Interest income7,679,00015,449,00023,829,00032,584,000
Interest expense1,052,0002,170,0003,287,0004,545,000
Net interest income6,627,00013,279,00020,542,00028,039,000
Noninterest income261,000556,000925,0001,149,000
Noninterest expense3,782,0007,645,00011,516,00015,445,000
Provision for loan losses225,000325,000910,0001,471,000
Pretax income2,881,0005,936,0009,041,00012,343,000
Income tax929,0002,048,0003,119,0004,127,000
Net income1,952,0003,888,0005,922,0008,216,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2016Q12016Q22016Q32016Q4
Tier 1 capital75,153,00098,089,000100,123,000102,312,000
Total capital81,391,000104,428,000106,014,000108,764,000
Risk-weighted assets678,221,000717,899,000724,889,000826,790,000