FVCBankcorp Inc
For the period ended Dec 31, 2023. Filed Mar 21, 2024.
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FY2023 · Filed Mar 21, 2024
FVCB$16.32+0.2%Stored close · as of Nov 10, 2026
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Consolidated statements of comprehensive income (loss)
| 2023 | 2022 | |
|---|---|---|
| Net income | $3,822 | $24,984 |
| Other comprehensive income (loss): | ||
| Unrealized gain (loss) on securities available for sale, net of tax expense of $0.4 million and net of tax benefit of $11.0 million in 2023 and 2022, respectively. | 1,300 | (37,943) |
| Unrealized (loss) gain on interest rate swaps, net of tax benefit of $0.3 million and net of tax expense of $0.9 million in 2023 and 2022, respectively. | (1,043) | 3,419 |
| Reclassification adjustment for securities losses realized in income, net of tax expense of $3.4 million and $0 for 2023 and 2022, respectively. | 12,150 | — |
| Total other comprehensive income (loss) | $12,407 | $(34,524) |
| Total comprehensive (loss) income | $16,229 | $(9,540) |
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