FVCBankcorp, Inc. Income Statement

Income Statement Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 1.20M1.92M1.72M5.02M-0.50M2.63M0.34M0.10M
Revenue 1.86M0.95M1.36M1.43M62.25M68.08M54.05M55.49M
Interest income
Interest income - Loans 37.51M48.22M62.18M63.45M63.97M73.62M98.37M106.67M
Interest income - Investments 0.02M0.14M0.88M0.22M0.73M0.68M
Interest Income - Debt Securities 2.43M2.77M3.50M3.16M3.86M5.96M4.95M3.73M
Interest Income - Deposits 0.09M0.60M0.70M0.15M0.26M0.69M2.64M2.29M
Interest Income - Total 40.30M51.92M66.73M67.10M68.43M80.68M106.61M113.31M
Interest expenses
Interest Expense - Deposits 6.42M10.35M16.83M12.33M7.60M12.47M47.34M53.21M
Interest Expense - Debt 0.19M0.07M0.12M
Interest Expense - Fed Funds 0.01M0.03M0.14M0.08M0.69M0.01M0.00M
Interest Expenses 8.20M12.11M18.67M14.48M10.48M15.44M52.22M57.72M
Interest Income - Net 32.11M39.81M48.06M52.62M57.95M65.24M54.40M55.59M
Non-interest income
Interest Income - Total 30.91M37.89M46.34M47.60M58.45M62.62M54.26M55.58M
Service Charges 0.55M0.64M0.89M1.01M1.03M0.95M1.03M1.13M
Investment Gain (Loss) 0.16M-0.46M0.14M-0.03M-15.58M0.38M
Other Non-Interest Income 0.85M1.05M1.14M1.11M0.99M1.20M1.45M1.32M
Non-Interest Income 2.98M1.66M2.55M2.89M4.30M2.83M-13.10M2.82M
Operating Items
Amortization - Intangibles 0.02M0.12M0.39M0.34M0.30M0.26M0.20M0.17M
Depreciation & Amortization - Total 2.26M2.52M3.40M3.33M3.29M2.19M2.36M2.03M
Research & Development 1.07M1.23M1.64M2.03M2.20M2.30M2.47M2.72M
Wages, Salaries and Other 11.66M14.01M17.05M16.82M18.98M20.32M20.64M18.75M
Restructuring Costs 3.34M0.13M1.45M0.12M
Other Operating Expenses 16.01M19.35M23.71M25.48M27.60M29.84M31.84M31.07M
Operating Expenses 19.35M26.45M28.88M30.84M34.54M34.46M36.66M35.82M
Operating Income 5.02M2.75M4.20M4.13M
EBIT 5.02M2.75M4.20M4.13M38.69M46.43M56.45M80.02M
Non-operating items
Interest & Investment Income 1.46M-0.03M
Other Non Operating Income 0.15M0.14M0.04M0.03M
Net income details
EBT 14.54M13.11M20.01M19.66M28.21M30.99M4.23M22.30M
Tax Provisions 6.85M3.10M4.18M4.16M6.28M6.00M0.41M7.23M
Profit After Tax 7.69M10.87M15.83M15.50M21.93M24.98M3.82M15.06M
Income from Continuing Operations 7.69M10.00M15.83M15.50M21.93M24.98M3.82M15.06M
Consolidated Net Income 7.69M10.00M15.83M15.50M21.93M24.98M3.82M15.06M
Income towards Parent Company 7.69M10.00M15.83M15.50M21.93M24.98M3.82M15.06M
Net Income towards Common Stockholders 7.69M10.00M15.83M15.50M21.93M24.98M3.82M15.06M
Additional items
EPS (Basic) 0.740.931.151.141.291.430.220.83
EPS (Weighted Average and Diluted) 0.670.851.071.101.201.350.210.82
Shares Outstanding (Weighted Average) 16.03M17.19M17.34M16.85M
Tax Rate 47.10%23.68%20.91%21.14%22.25%19.38%9.69%32.44%