Call reports 2023
FVCBANK — 2023
What FVCBANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,343,251,000 | 2,338,667,000 | 2,299,814,000 | 2,183,294,000 |
| Total loans | 1,828,123,000 | 1,903,814,000 | 1,849,513,000 | 1,828,564,000 |
| Allowance for loan losses | 19,058,000 | 19,442,000 | 18,849,000 | 18,871,000 |
| Securities available for sale | 238,442,000 | 230,213,000 | 215,154,000 | 170,604,000 |
| Securities held to maturity | 264,000 | 264,000 | 264,000 | 264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,911,290,000 | 2,088,689,000 | 1,996,515,000 | 1,845,377,000 |
| Interest-bearing deposits | 1,484,547,000 | 1,651,070,000 | 1,568,934,000 | 1,448,568,000 |
| Noninterest-bearing deposits | 426,743,000 | 437,618,000 | 427,581,000 | 396,809,000 |
| Equity capital | 216,001,000 | 222,676,000 | 223,149,000 | 227,657,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 25,311,000 | 52,489,000 | 79,889,000 | 106,514,000 |
| Interest expense | 11,063,000 | 23,620,000 | 37,454,000 | 51,190,000 |
| Net interest income | 14,248,000 | 28,869,000 | 42,435,000 | 55,324,000 |
| Noninterest income | -35,000 | 856,000 | 1,080,000 | 552,000 |
| Noninterest expense | 8,543,000 | 17,255,000 | 25,892,000 | 34,922,000 |
| Provision for loan losses | 131,000 | 870,000 | 270,000 | 340,000 |
| Pretax income | 836,000 | 7,018,000 | 12,899,000 | 5,245,000 |
| Income tax | -339,000 | 1,038,000 | 2,374,000 | 887,000 |
| Net income | 1,175,000 | 5,980,000 | 10,525,000 | 4,358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 238,827,000 | 243,454,000 | 248,050,000 | 241,930,000 |
| Total capital | 258,808,000 | 263,697,000 | 267,572,000 | 261,403,000 |
| Risk-weighted assets | 1,913,161,000 | 1,976,056,000 | 1,920,380,000 | 1,889,645,000 |