Call reports 2022
FVCBANK — 2022
What FVCBANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,084,999,000 | 2,300,833,000 | 2,199,970,000 | 2,338,603,000 |
| Total loans | 1,512,475,000 | 1,664,232,000 | 1,714,473,000 | 1,840,434,000 |
| Allowance for loan losses | 13,763,000 | 14,957,000 | 15,313,000 | 16,040,000 |
| Securities available for sale | 329,342,000 | 306,623,000 | 281,224,000 | 277,078,000 |
| Securities held to maturity | 264,000 | 264,000 | 264,000 | 264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,821,029,000 | 1,928,274,000 | 1,890,359,000 | 1,830,693,000 |
| Interest-bearing deposits | 1,721,759,000 | 1,823,283,000 | 1,375,573,000 | 1,391,893,000 |
| Noninterest-bearing deposits | 99,270,000 | 104,991,000 | 514,786,000 | 438,800,000 |
| Equity capital | 213,001,000 | 209,963,000 | 207,366,000 | 214,382,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 17,206,000 | 36,223,000 | 57,295,000 | 80,614,000 |
| Interest expense | 1,914,000 | 3,896,000 | 7,203,000 | 14,407,000 |
| Net interest income | 15,292,000 | 32,327,000 | 50,092,000 | 66,207,000 |
| Noninterest income | 1,624,000 | 2,268,000 | 2,844,000 | 2,207,000 |
| Noninterest expense | 8,089,000 | 15,852,000 | 23,947,000 | 32,617,000 |
| Provision for loan losses | 350,000 | 1,535,000 | 1,900,000 | 2,629,000 |
| Pretax income | 8,477,000 | 17,208,000 | 27,089,000 | 33,168,000 |
| Income tax | 1,355,000 | 3,147,000 | 5,241,000 | 6,585,000 |
| Net income | 7,122,000 | 14,061,000 | 21,848,000 | 26,583,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 221,633,000 | 228,640,000 | 236,493,000 | 240,858,000 |
| Total capital | — | — | 251,806,000 | 256,898,000 |
| Risk-weighted assets | — | — | 1,858,083,000 | 1,934,408,000 |