FVCBankcorp Inc
For the period ended Sep 30, 2024. Filed Nov 13, 2024.
View on SEC.govAbout this filing
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.
Sep 30, 2024 · Filed Nov 13, 2024
FVCB$16.32+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Income (Loss) For the Three
Consolidated Statements of Comprehensive Income (Loss)
| For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net income | $4,669 | $4,039 | $10,164 | $8,892 |
| Other comprehensive income (loss): | ||||
| Unrealized (loss) gain on securities available for sale, net of tax expense of $1,446 for the three months ended September 30, 2024, and net of tax expense of $1,012 for the nine months ended September 30, 2024, and net of tax (benefit) of ($1,987) for the three months ended September 30, 2023, and net of tax (benefit) of ($1,979) for the nine months ended September 30, 2023 | 5,127 | (7,046) | 3,590 | (7,018) |
| Unrealized (loss) gain on interest rate swaps, net of tax (benefit) of ($1,607) and ($607) for the three and nine months ended September 30, 2024, respectively, and net of tax expense of $839 thousand and $1,458 thousand for the three and nine months ended September 30, 2023, respectively. | (5,696) | 2,974 | (2,151) | 5,169 |
| Reclassification adjustment for securities losses realized in income, net of tax expense/benefit of $0 and $0 for the three and nine months ended September 30, 2024, respectively, and $0 and $1,010 for the three and nine months ended September 30, 2023, respectively. | — | — | — | 3,582 |
| Total other comprehensive income (loss) | $(569) | $(4,072) | $1,439 | $1,733 |
| Total comprehensive income (loss) | $4,100 | $(33) | $11,603 | $10,625 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.