• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by FVCBankcorp Inc. (Amendment)

    2/14/24 3:34:37 PM ET
    $FVCB
    Major Banks
    Finance
    Get the next $FVCB alert in real time by email
    SC 13G/A 1 fvcb-13ga_123123.htm AMENDMENT TO FORM SC 13G

     

     

     

    UNITED STATES 

    SECURITIES AND EXCHANGE COMMISSION 

    Washington, D.C. 20549

     

     

    SCHEDULE 13G/A

     

    (Amendment No.)*

     

    Under the Securities Exchange Act of 1934

     

    FVCBANKCORP, INC. 

    (Name of Issuer)

     

     

    Common Stock, par value $0.01 per share

     

    (Titles of Class of Securities)

     

    36120Q101

     

    (CUSIP Number)

     

    December 31, 2023

     

    (Date of Event Which Requires Filing of this Statement)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

    ☒ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☐ Rule 13d-1(d)

     

    * The remainder of this cover page shall be filled out of a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

    1

     

     

    CUSIP No. 36120Q101 13G/A Page 2 of 11

      

    1

    NAME OF REPORTING PERSON

    Fourthstone LLC 

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a) ☐ 

    (b) ☐ 

    3

    SEC USE ONLY

     

    4

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Missouri 

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY

    EACH

    REPORTING

    PERSON 

    WITH: 

    5

    SOLE VOTING POWER

     

    - 0 - 

    6

    SHARED VOTING POWER

     

    0 

    7

    SOLE DISPOSITIVE POWER

     

    - 0 - 

    8

    SHARED DISPOSITIVE POWER

     

    0 

    9

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0 

    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
    11

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0.0% 

    12

    TYPE OF REPORTING PERSON

     

    IA 

           

    2

     

     

    CUSIP No. 36120Q101 13G/A Page 3 of 11

      

    1

    NAME OF REPORTING PERSON

    Fourthstone Master Opportunity Fund Ltd 

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a) ☐ 

    (b) ☐ 

    3

    SEC USE ONLY

     

    4

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Cayman Islands 

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY

    EACH

    REPORTING

    PERSON 

    WITH: 

    5

    SOLE VOTING POWER

     

    - 0 - 

    6

    SHARED VOTING POWER

     

    0 

    7

    SOLE DISPOSITIVE POWER

     

    - 0 - 

    8

    SHARED DISPOSITIVE POWER

     

    0 

    9

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0 

    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
    11

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0% 

    12

    TYPE OF REPORTING PERSON

     

    OO 

           

    3

     

     

    CUSIP No. 36120Q101 13G/A Page 4 of 11

      

    1

    NAME OF REPORTING PERSON

    Fourthstone GP LLC 

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a) ☐ 

    (b) ☐ 

    3

    SEC USE ONLY

     

    4

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Missouri 

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY

    EACH

    REPORTING

    PERSON 

    WITH: 

    5

    SOLE VOTING POWER

     

    - 0 - 

    6

    SHARED VOTING POWER

     

    0 

    7

    SOLE DISPOSITIVE POWER

     

    - 0 - 

    8

    SHARED DISPOSITIVE POWER

     

    0 

    9

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0 

    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
    11

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0% 

    12

    TYPE OF REPORTING PERSON

     

    OO 

           

    4

     

     

    CUSIP No. 36120Q101 13G/A Page 5 of 11

      

    1

    NAME OF REPORTING PERSON

    Fourthstone QP Opportunity Fund LP 

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a) ☐ 

    (b) ☐ 

    3

    SEC USE ONLY

     

    4

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware 

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY

    EACH

    REPORTING

    PERSON 

    WITH: 

    5

    SOLE VOTING POWER

     

    - 0 - 

    6

    SHARED VOTING POWER

     

    0 

    7

    SOLE DISPOSITIVE POWER

     

    - 0 - 

    8

    SHARED DISPOSITIVE POWER

     

    0 

    9

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0 

    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
    11

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0% 

    12

    TYPE OF REPORTING PERSON

     

    PN 

           

    5

     

     

    CUSIP No. 36120Q101 13G/A Page 6 of 11

      

    1

    NAME OF REPORTING PERSON

    Fourthstone Small-Cap Financials Fund LP 

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a) ☐ 

    (b) ☐ 

    3

    SEC USE ONLY

     

    4

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware 

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY

    EACH

    REPORTING

    PERSON 

    WITH: 

    5

    SOLE VOTING POWER

     

    - 0 - 

    6

    SHARED VOTING POWER

     

    0 

    7

    SOLE DISPOSITIVE POWER

     

    - 0 - 

    8

    SHARED DISPOSITIVE POWER

     

    0 

    9

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0 

    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
    11

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0% 

    12

    TYPE OF REPORTING PERSON

     

    PN 

           

    6

     

     

    CUSIP No. 36120Q101 13G/A Page 7 of 11

      

    1

    NAME OF REPORTING PERSON

    L. Phillip Stone, IV 

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

    (a) ☐ 

    (b) ☐ 

    3

    SEC USE ONLY

     

    4

    CITIZENSHIP OR PLACE OF ORGANIZATION

    U.S.A. 

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY

    EACH

    REPORTING

    PERSON 

    WITH: 

    5

    SOLE VOTING POWER

     

    - 0 - 

    6

    SHARED VOTING POWER

     

    0 

    7

    SOLE DISPOSITIVE POWER

     

    - 0 - 

    8

    SHARED DISPOSITIVE POWER

     

    0 

    9

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0 

    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
    11

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

    0% 

    12

    TYPE OF REPORTING PERSON

     

    IN 

           

    7

     

      

    CUSIP No. 36120Q101 13G/A Page 8 of 11

       

    Item 1(a). Name of Issuer:

     

    FVCBANKCORP, INC. (the “Issuer”)

     

    Item 1(b). Address of Issuer’s Principal Executive Offices:

     

    11325 Random Hills Road

    Suite 240 Fairfax,

    Virginia 22030

     

    Item 2(a). Name of Person Filing:

     

    This Schedule 13G/A is being filed by Fourthstone LLC, a Missouri Limited Liability Company and Investment Adviser (“Fourthstone”). The persons reporting information on this Schedule 13G/A include, in addition to Fourthstone, a company incorporated in the Cayman Islands (“Fourthstone Master Opportunity Fund”), a Delaware Limited Partnership (“Fourthstone QP Opportunity”), a Delaware Limited Partnership (“Fourthstone Small-Cap Financials”), a Delaware Limited Partnership (“Fourthstone GP,” General Partner of Fourthstone QP Opportunity and Fourthstone Small-Cap Financials), and L. Phillip Stone, IV, a citizen of the United States of America, who is the Managing Member of Fourthstone and Fourthstone GP (each, a “Reporting Person” and, together, the “Reporting Persons”).

     

    Fourthstone directly holds 0 shares of Common Stock on behalf of its advisory clients. Each of the Reporting Persons listed in this filing certify the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that effect.

     

    Item 2(b). Address of Principal Business Office or, if none, Residence:

     

    The principal business address of each of the Reporting Persons is as follows:

     

    The registered office of Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd., Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP is 575 Maryville Centre Drive, Suite 110, St. Louis, MO 63141.

     

    Item 2(c). Citizenship:

     

    See response to Item 4 of each of the cover pages.

     

    Item 2(d). Titles of Classes of Securities:

     

    Common Stock, par value $0.01 per share (“Common Stock”)

     

    8

     

     

    CUSIP No. 36120Q101 13G/A Page 9 of 11

      

    Item 2(e). CUSIP Number:

     

    36120Q101

     

    Item 3.

    If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a(n): 

     

    (a)☐ Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78o).

     

    (b)☐ Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).

     

    (c)☐ Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).

     

    (d)☐ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

     

    (e)☒ Investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

     

    (f)☐ Employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).

     

    (g)☒ Parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

     

    (h)☐ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (13 U.S.C. 1813).

     

    (i)☐ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3).

     

    (j)☐ Non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J).

     

    (k)☐ Group in accordance with §240.13d-1(b)(1)(ii)(K).

     

    If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:                         

     

    Item 4. Ownership

     

      (a) Amount Beneficially Owned:
         
        See responses to Item 9 on each cover page.
         
      (b) Percent of Class:
         
        See responses to Item 11 on each cover page.

     

      (c) Number of shares as to which such person has:
         
        (i)

    Sole power to vote or to direct the vote:

     

    See responses to Item 5 on each cover page. 

     

    9

     

     

    CUSIP No. 36120Q101 13G/A Page 10 of 11

      

        (ii)

    Shared power to vote or to direct the vote:

     

    See responses to Item 6 on each cover page.

     

        (iii) Sole power to dispose or to direct the disposition of:

      

          See responses to Item 7 on each cover page.
           
        (iv)

    Shared power to dispose or to direct the disposition of:

     

    See responses to Item 8 on each cover page. 

     

    Item 5. Ownership of Five Percent or Less of a Class.

     

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.

     

    Item 6. Ownership of More than Five Percent on Behalf of Another Person.

     

    Not Applicable.

     

    Item 7.

    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. 

     

    Not applicable.

     

    Item 8. Identification and Classification of Members of the Group.

     

    Not applicable.

     

    Item 9. Notice of Dissolution of Group.

     

    Not Applicable.

     

    Item 10. Certification.

     

    Not Applicable.

     

    10

     

     

    CUSIP No. 36120Q101 13G/A Page 11 of 11

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    Dated: February 14, 2024

     

      Fourthstone LLC
       
      By: /s/ Amy M. Stone
      Name: Amy M. Stone
      Title: Chief Executive Officer
         
      Fourthstone Master Opportunity Fund Ltd
       
      By: /s/ Amy M. Stone
      Name: Amy M. Stone
      Title: Chief Executive Officer

     

      Fourthstone QP Opportunity Fund LP
       
      Fourthstone Small-Cap Financials Fund LP
       
      By: Fourthstone GP LLC, the General Partner
         
      By: /s/ Amy M. Stone
      Name: Amy M. Stone
      Title: Chief Executive Officer

     

    11

    Get the next $FVCB alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FVCB

    DatePrice TargetRatingAnalyst
    12/5/2022$22.00Overweight
    Piper Sandler
    7/7/2022$25.00 → $22.00Strong Buy → Outperform
    Raymond James
    6/2/2022Buy → Neutral
    Janney
    2/1/2022$23.50Overweight
    Piper Sandler
    1/24/2022$23.00 → $25.00Outperform → Strong Buy
    Raymond James
    11/12/2021$21.00 → $23.00Outperform
    Raymond James
    8/2/2021$19.00 → $21.00Outperform
    Raymond James
    More analyst ratings

    $FVCB
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • FVCbank Announces Promotions of Jennifer Deacon and Michael G. Nassy to Senior Executive Roles

      FVCbank (NASDAQ:FVCB), a leading commercial bank in the Washington, D.C. metropolitan area, is pleased to announce the promotion of two key members of its executive leadership team. Jennifer Deacon, currently Executive Vice President and Chief Financial Officer, and Michael G. Nassy, currently Executive Vice President and Chief Credit Officer, have been elevated to Senior Executive Vice President roles, recognizing their outstanding contributions and leadership. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250506550743/en/Jennifer Deacon Jennifer Deacon has been instrumental in overseeing the bank's extensive finance and accoun

      5/6/25 12:01:00 PM ET
      $FVCB
      Major Banks
      Finance
    • FVCBankcorp, Inc. Announces First Quarter 2025 Earnings; Fifth Consecutive Quarter of Improved Profitability and Margin

      FVCBankcorp, Inc. (NASDAQ:FVCB) (the "Company") today reported its financial results for the first quarter of 2025. First Quarter Selected Financial Highlights Net Income Increased 5% Compared to the Prior Quarter. Net income totaled $5.2 million, or $0.28 diluted earnings per share, for the quarter ended March 31, 2025, compared to net income of $4.9 million, or $0.26 diluted earnings per share, for the quarter ended December 31, 2024. Return on average assets for the quarter ended March 31, 2025 was 0.94%, an increase from 0.90% for the quarter ended December 31, 2024. Net Interest Margin Up 15% and Net Interest Income Improved 18%, Compared to the Year Ago Quarter. For the quarter e

      4/22/25 4:00:00 PM ET
      $FVCB
      Major Banks
      Finance
    • FVCBankcorp Announces Extension of Share Repurchase Program

      FVCBankcorp, Inc. (NASDAQ:FVCB) (the "Company") announced today that its Board of Directors has extended its share repurchase program that was initiated in 2020. Under the repurchase program, the Company may repurchase up to 1,300,000 shares of its common stock, or approximately 7% of its outstanding shares of common stock at December 31, 2024. The repurchase program will expire on March 31, 2026, subject to earlier termination of the program by the Board of Directors. Repurchases may be made in open market purchases, block trades or in privately negotiated transactions. Repurchases, if any, under the program will be made at the discretion of management, and will depend upon market pricing

      3/20/25 4:15:00 PM ET
      $FVCB
      Major Banks
      Finance

    $FVCB
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Credit Officer Nassy Michael G. covered exercise/tax liability with 135 shares, decreasing direct ownership by 0.25% to 53,257 units (SEC Form 4)

      4 - FVCBankcorp, Inc. (0001675644) (Issuer)

      6/2/25 4:10:57 PM ET
      $FVCB
      Major Banks
      Finance
    • EVP, Chief Banking Officer Jackson Sharon L. sold $18,976 worth of shares (1,600 units at $11.86), decreasing direct ownership by 6% to 26,989 units (SEC Form 4)

      4 - FVCBankcorp, Inc. (0001675644) (Issuer)

      5/16/25 4:05:55 PM ET
      $FVCB
      Major Banks
      Finance
    • Amendment: Chairman/Chief Executive Offic Pijor David W was granted 20,000 shares, increasing direct ownership by 4% to 513,279 units (SEC Form 4)

      4/A - FVCBankcorp, Inc. (0001675644) (Issuer)

      4/8/25 4:32:15 PM ET
      $FVCB
      Major Banks
      Finance

    $FVCB
    SEC Filings

    See more
    • FVCBankcorp Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - FVCBankcorp, Inc. (0001675644) (Filer)

      6/2/25 3:10:35 PM ET
      $FVCB
      Major Banks
      Finance
    • SEC Form 10-Q filed by FVCBankcorp Inc.

      10-Q - FVCBankcorp, Inc. (0001675644) (Filer)

      5/14/25 9:58:57 AM ET
      $FVCB
      Major Banks
      Finance
    • Amendment: SEC Form SCHEDULE 13G/A filed by FVCBankcorp Inc.

      SCHEDULE 13G/A - FVCBankcorp, Inc. (0001675644) (Subject)

      5/13/25 5:30:46 PM ET
      $FVCB
      Major Banks
      Finance

    $FVCB
    Leadership Updates

    Live Leadership Updates

    See more
    • FVCBankcorp, Inc. Appoints Marc N. Duber to Board of Directors

      FVCBankcorp, Inc. (NASDAQ:FVCB) (the "Company") today announced the appointment of Marc N. Duber to the Company's board of directors on September 30, 2022, effective immediately. He has also been appointed as a director of the Company's wholly-owned subsidiary, FVCbank. Mr. Duber possesses a wealth of knowledge, with over four decades of experience in the real estate development industry, providing the ability to support the Company's vision and lend valuable contribution to the Board. He is the executive vice president and chief operating officer of The Bernstein Companies, one of the oldest commercial real estate firms in Washington, D.C., where he began his career in 1980. Mr. Duber foc

      10/6/22 4:00:00 PM ET
      $FVCB
      Major Banks
      Finance

    $FVCB
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Piper Sandler resumed coverage on FVCBankcorp with a new price target

      Piper Sandler resumed coverage of FVCBankcorp with a rating of Overweight and set a new price target of $22.00

      12/5/22 7:26:38 AM ET
      $FVCB
      Major Banks
      Finance
    • FVCBankcorp downgraded by Raymond James with a new price target

      Raymond James downgraded FVCBankcorp from Strong Buy to Outperform and set a new price target of $22.00 from $25.00 previously

      7/7/22 9:16:30 AM ET
      $FVCB
      Major Banks
      Finance
    • FVCBankcorp downgraded by Janney

      Janney downgraded FVCBankcorp from Buy to Neutral

      6/2/22 9:16:45 AM ET
      $FVCB
      Major Banks
      Finance

    $FVCB
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by FVCBankcorp Inc. (Amendment)

      SC 13G/A - FVCBankcorp, Inc. (0001675644) (Subject)

      5/8/24 2:22:56 PM ET
      $FVCB
      Major Banks
      Finance
    • SEC Form SC 13G filed by FVCBankcorp Inc.

      SC 13G - FVCBankcorp, Inc. (0001675644) (Subject)

      2/14/24 4:05:59 PM ET
      $FVCB
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by FVCBankcorp Inc. (Amendment)

      SC 13G/A - FVCBankcorp, Inc. (0001675644) (Subject)

      2/14/24 3:34:37 PM ET
      $FVCB
      Major Banks
      Finance

    $FVCB
    Financials

    Live finance-specific insights

    See more
    • FVCBankcorp, Inc. Announces 2023 Earnings

      FVCBankcorp, Inc. (NASDAQ:FVCB) (the "Company") today reported its financial results for the fourth quarter and full year of 2023. Fourth Quarter Selected Financial Highlights Strong Credit Quality. Nonperforming loans totaled $1.8 million at December 31, 2023, or 0.08% of total assets, a decrease of $2.7 million, or 59%, from the prior year ended December 31, 2022. Net charge-offs of $49 thousand were recorded during the fourth quarter of 2023, or 0.01% of average total loans. Prudent Balance Sheet Repositioning. During the fourth quarter of 2023, the Company sold a portion of its investment portfolio totaling $61.4 million of book value available-for-sale securities with a weighte

      1/23/24 4:00:00 PM ET
      $FVCB
      Major Banks
      Finance
    • FVCBankcorp, Inc. Announces Third Quarter 2023 Earnings

      FVCBankcorp, Inc. (NASDAQ:FVCB) (the "Company") today reported its financial results for the third quarter of 2023. Third Quarter Selected Financial Highlights Stellar Credit Quality. Nonperforming loans totaled $1.5 million at September 30, 2023, or 0.07% of total assets, and were comprised solely of residential mortgage loans. Net recoveries of $7 thousand were recorded during the third quarter of 2023. Loans on the Company's watchlist decreased to $3.0 million during the quarter ended September 30, 2023, a decrease of 70% from the prior quarter end and 79% from December 31, 2022. Continued Core Deposit Growth and Reduced Reliance on Wholesale Funds. Wholesale funds at September 3

      10/24/23 4:00:00 PM ET
      $FVCB
      Major Banks
      Finance
    • FVCBankcorp, Inc. Announces Second Quarter 2023 Earnings; Strong Deposit and Liquidity Growth

      FVCBankcorp, Inc. (NASDAQ:FVCB) (the "Company") today reported its financial results for the second quarter of 2023. Second Quarter Selected Financial Highlights Strong Well Capitalized Balance Sheet. All of the Bank's regulatory capital components and ratios are well in excess of thresholds required to be considered "well capitalized" with total risk based capital to risk-weighted assets of 13.28% at June 30, 2023. Tangible Common Equity ("TCE") to Total Assets ("TA") ratio for FVCbank (the "Bank") increased to 9.22% at June 30, 2023, from 8.92% at March 31, 2023. The Bank's investment securities are classified as available-for-sale, and therefore, the decrease in market value of thes

      7/25/23 4:00:00 PM ET
      $FVCB
      Major Banks
      Finance