Call reports 2017
FVCBANK — 2017
What FVCBANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 921,055,000 | 969,754,000 | 996,604,000 | 1,051,638,000 |
| Total loans | 770,756,000 | 798,509,000 | 827,101,000 | 888,677,000 |
| Allowance for loan losses | 6,777,000 | 7,012,000 | 7,271,000 | 7,725,000 |
| Securities available for sale | 106,544,000 | 108,472,000 | 114,993,000 | 114,447,000 |
| Securities held to maturity | 1,760,000 | 1,760,000 | 1,760,000 | 1,760,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 815,034,000 | 857,408,000 | 850,046,000 | 930,617,000 |
| Interest-bearing deposits | 763,315,000 | 810,793,000 | 809,699,000 | 892,627,000 |
| Noninterest-bearing deposits | 51,719,000 | 46,615,000 | 40,348,000 | 37,990,000 |
| Equity capital | 104,099,000 | 106,841,000 | 117,299,000 | 118,211,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 9,372,000 | 19,156,000 | 29,450,000 | 40,237,000 |
| Interest expense | 1,396,000 | 2,914,000 | 4,660,000 | 6,615,000 |
| Net interest income | 7,976,000 | 16,242,000 | 24,790,000 | 33,622,000 |
| Noninterest income | 696,000 | 1,032,000 | 1,370,000 | 2,811,000 |
| Noninterest expense | 4,482,000 | 9,080,000 | 13,743,000 | 18,458,000 |
| Provision for loan losses | 350,000 | 515,000 | 765,000 | 1,200,000 |
| Pretax income | 3,840,000 | 7,679,000 | 11,667,000 | 16,820,000 |
| Income tax | 1,172,000 | 2,496,000 | 3,872,000 | 7,342,000 |
| Net income | 2,668,000 | 5,183,000 | 7,795,000 | 9,478,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,130,000 | 107,495,000 | 117,615,000 | 119,308,000 |
| Total capital | 111,907,000 | 114,507,000 | 124,886,000 | 127,033,000 |
| Risk-weighted assets | 834,614,000 | 873,760,000 | 912,806,000 | 990,208,000 |