Call reports 2020
FVCBANK — 2020
What FVCBANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,599,640,000 | 1,778,251,000 | 1,791,030,000 | 1,818,306,000 |
| Total loans | 1,291,782,000 | 1,478,120,000 | 1,497,634,000 | 1,466,083,000 |
| Allowance for loan losses | 11,226,000 | 12,894,000 | 14,556,000 | 14,958,000 |
| Securities available for sale | 125,705,000 | 120,798,000 | 109,911,000 | 125,138,000 |
| Securities held to maturity | 264,000 | 264,000 | 264,000 | 264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,344,217,000 | 1,519,130,000 | 1,515,653,000 | 1,540,509,000 |
| Interest-bearing deposits | 1,280,130,000 | 1,429,136,000 | 1,426,415,000 | 1,456,620,000 |
| Noninterest-bearing deposits | 64,087,000 | 89,994,000 | 89,238,000 | 83,889,000 |
| Equity capital | 199,491,000 | 202,826,000 | 205,064,000 | 222,531,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 16,915,000 | 33,180,000 | 49,925,000 | 67,038,000 |
| Interest expense | 4,325,000 | 7,516,000 | 10,288,000 | 12,680,000 |
| Net interest income | 12,590,000 | 25,664,000 | 39,637,000 | 54,358,000 |
| Noninterest income | 596,000 | 1,284,000 | 2,010,000 | 2,750,000 |
| Noninterest expense | 6,866,000 | 14,480,000 | 21,915,000 | 29,474,000 |
| Provision for loan losses | 1,066,000 | 2,816,000 | 4,516,000 | 5,016,000 |
| Pretax income | 5,351,000 | 9,749,000 | 15,357,000 | 22,759,000 |
| Income tax | 1,045,000 | 1,957,000 | 3,145,000 | 4,800,000 |
| Net income | 4,306,000 | 7,792,000 | 12,212,000 | 17,959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 185,003,000 | 188,576,000 | 191,082,000 | 209,360,000 |