FVCBankcorp, Inc. (FVCB)

FVCBankcorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	107.91	106.67	98.37	73.62	63.97	63.45
Interest Income on Investments	7.14	6.64	8.24	7.06	4.45	3.66
Total Interest Income	115.04	113.31	106.62	80.68	68.43	67.1
Interest Paid on Deposits	53.46	53.21	47.35	12.47	7.6	12.33
Interest Paid on Borrowings	3.74	4.52	4.87	2.97	2.88	2.15
Total Interest Expense	57.19	57.72	52.22	15.44	10.48	14.48
Net Interest Income	57.85	55.59	54.4	65.24	57.95	52.62
Net Interest Income Growth (YoY)	8.79%	2.19%	-16.63%	12.59%	10.12%	9.48%
Gain (Loss) on Sale of Investments	-	-	-15.58	-	-	0.14
Gain (Loss) on Sale of Equity Investments	0.72	0.38	-1.11	-0.03	1.46	-
Other Non-Interest Income	0.96	1.03	2.29	1.91	1.81	2.19
Total Non-Interest Income	2.81	2.53	-13.37	2.83	4.3	2.89
Non-Interest Income Growth (YoY)	-	-	-	-34.12%	48.81%	13.55%
Revenues Before Loan Losses	60.66	58.12	41.03	68.08	62.25	55.51
Provision for Loan Losses	0.21	0.01	0.13	2.63	-0.5	5.02
Revenue	60.45	58.12	40.89	65.45	62.75	50.5
Revenue Growth (YoY)	34.53%	42.12%	-37.52%	4.30%	24.27%	3.28%
Salaries and Employee Benefits	18.13	17.96	19.04	19.13	17.97	16.13
Occupancy Expenses	0.45	0.45	0.62	0.69	1.66	1.64
Federal Deposit Insurance	1.31	1.32	1.43	0.62	0.77	0.75
Amortization of Goodwill & Intangibles	0.16	0.17	0.21	0.26	0.31	0.35
Selling, General & Administrative	9.86	9.68	9.23	9.06	7.2	5.95
Other Non-Interest Expense	6.42	6.24	5.67	4.58	5.42	5.36
Total Non-Interest Expense	36.33	35.82	36.21	34.34	33.1	30.16
EBT Excluding Unusual Items	24.13	22.3	4.69	31.11	29.65	20.33
Pretax Income	24.13	22.3	4.23	30.99	28.21	19.66
Income Tax Expense	5.24	7.23	0.41	6.01	6.28	4.16
Net Income	18.89	15.06	3.82	24.98	21.93	15.5
Net Income to Common	18.89	15.06	3.82	24.98	21.93	15.5
Net Income Growth	315.97%	294.14%	-84.70%	13.91%	41.49%	-2.07%
Basic Shares Outstanding	18	18	18	17	17	17
Diluted Shares Outstanding	18	18	18	18	18	18
Shares Change (YoY)	1.09%	0.91%	-1.37%	1.41%	3.17%	-4.66%
EPS (Basic)	1.04	0.83	0.22	1.43	1.29	0.92
EPS (Diluted)	1.03	0.82	0.21	1.35	1.20	0.88
EPS Growth	311.46%	290.48%	-84.44%	12.50%	36.36%	2.80%
Effective Tax Rate	21.70%	32.44%	9.69%	19.38%	22.25%	21.14%

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q