FVCBankcorp Inc
For the period ended Jun 30, 2024. Filed Aug 13, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 13, 2024
FVCB$16.32+0.2%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income For the Three
Consolidated Statements of Comprehensive Income
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net income | $4,155 | $4,233 | $5,495 | $4,854 |
| Other comprehensive income: | ||||
| Unrealized (loss) gain on securities available for sale, net of tax expense of $2 thousand for the three months ended June 30, 2024, and net of tax benefit of $(433) thousand for the six months ended June 30, 2024, and net of tax benefit of $(651) thousand for the three months ended June 30, 2023, and net of tax expense of $8 thousand for the six months ended June 30, 2023. | 6 | (2,307) | (1,538) | 28 |
| Unrealized gain on interest rate swaps, net of tax expense of $88 thousand and $1.0 million for the three and six months ended June 30, 2024, respectively, and net of tax expense of $1.2 million and $621 for the three and six months ended June 30, 2023, respectively. | 315 | 4,407 | 3,546 | 2,195 |
| Reclassification adjustment for securities losses realized in income, net of tax expense/benefit of $0 for the three and six months ended June 30, 2024, and $0 and $1.0 million for the three and six months ended June 30, 2023, respectively. | — | — | — | 3,582 |
| Total other comprehensive income | $321 | $2,100 | $2,008 | $5,805 |
| Total comprehensive income | $4,476 | $6,333 | $7,503 | $10,659 |
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