Call reports 2024
FVCBANK — 2024
What FVCBANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,177,175,000 | 2,293,703,000 | 2,287,794,000 | 2,193,460,000 |
| Total loans | 1,852,746,000 | 1,886,929,000 | 1,874,946,000 | 1,870,235,000 |
| Allowance for loan losses | 18,918,000 | 19,208,000 | 19,067,000 | 18,129,000 |
| Securities available for sale | 165,816,000 | 161,181,000 | 164,048,000 | 155,489,000 |
| Securities held to maturity | 264,000 | 264,000 | 265,000 | 265,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,859,503,000 | 1,971,416,000 | 1,963,418,000 | 1,871,780,000 |
| Interest-bearing deposits | 1,463,121,000 | 1,594,902,000 | 1,603,739,000 | 1,504,939,000 |
| Noninterest-bearing deposits | 396,382,000 | 376,514,000 | 359,679,000 | 366,841,000 |
| Equity capital | 231,024,000 | 235,891,000 | 240,391,000 | 245,064,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 26,801,000 | 54,747,000 | 83,954,000 | 113,210,000 |
| Interest expense | 13,778,000 | 27,821,000 | 42,584,000 | 56,697,000 |
| Net interest income | 13,023,000 | 26,926,000 | 41,370,000 | 56,513,000 |
| Noninterest income | 395,000 | 1,266,000 | 2,082,000 | 2,525,000 |
| Noninterest expense | 8,454,000 | 17,184,000 | 26,104,000 | 34,908,000 |
| Provision for loan losses | 17,000 | 302,000 | 98,000 | 98,000 |
| Pretax income | 4,964,000 | 10,802,000 | 17,342,000 | 24,124,000 |
| Income tax | 3,306,000 | 4,596,000 | 6,066,000 | 7,629,000 |
| Net income | 1,658,000 | 6,206,000 | 11,276,000 | 16,495,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 243,652,000 | 248,242,000 | 253,351,000 | 258,608,000 |
| Total capital | 263,155,000 | 267,956,000 | 272,928,000 | 277,248,000 |
| Risk-weighted assets | 1,872,662,000 | 1,895,779,000 | 1,879,165,000 | 1,881,736,000 |