Call reports 2021
FVCBANK — 2021
What FVCBANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,880,297,000 | 1,971,048,000 | 1,993,739,000 | 2,198,015,000 |
| Total loans | 1,446,912,000 | 1,474,278,000 | 1,469,086,000 | 1,503,849,000 |
| Allowance for loan losses | 14,421,000 | 14,359,000 | 14,364,000 | 13,829,000 |
| Securities available for sale | 133,089,000 | 198,396,000 | 268,769,000 | 356,607,000 |
| Securities held to maturity | 264,000 | 264,000 | 264,000 | 264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,602,241,000 | 1,686,493,000 | 1,715,858,000 | 1,885,651,000 |
| Interest-bearing deposits | 1,501,454,000 | 1,587,765,000 | 1,612,280,000 | 1,785,183,000 |
| Noninterest-bearing deposits | 100,787,000 | 98,728,000 | 103,578,000 | 100,468,000 |
| Equity capital | 227,771,000 | 234,010,000 | 227,380,000 | 223,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 16,762,000 | 33,522,000 | 50,892,000 | 68,363,000 |
| Interest expense | 2,084,000 | 4,023,000 | 5,961,000 | 7,948,000 |
| Net interest income | 14,678,000 | 29,499,000 | 44,931,000 | 60,415,000 |
| Noninterest income | 791,000 | 1,476,000 | 2,538,000 | 4,539,000 |
| Noninterest expense | 7,573,000 | 15,315,000 | 24,259,000 | 33,102,000 |
| Provision for loan losses | 0 | 0 | 0 | -500,000 |
| Pretax income | 7,896,000 | 15,660,000 | 23,210,000 | 32,352,000 |
| Income tax | 1,579,000 | 3,296,000 | 5,029,000 | 7,156,000 |
| Net income | 6,317,000 | 12,364,000 | 18,181,000 | 25,196,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 215,757,000 | 221,882,000 | 216,954,000 | 214,442,000 |