FVCBankcorp, Inc. (FVCB) financial statements (2021 and earlier)

Company profile

Business Address 11325 RANDOM HILLS ROAD
FAIRFAX, VA 22030
State of Incorp. VA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1413343
Cash and cash equivalents1413343
Total current assets:1413343
Noncurrent Assets
Operating lease, right-of-use asset1113
Property, plant and equipment222
Intangible assets, net (including goodwill)898
Goodwill777
Intangible assets, net (excluding goodwill)122
Deferred income tax assets98
Total noncurrent assets:303211
Other undisclosed assets1,6511,4721,297
TOTAL ASSETS:1,8211,5371,352
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1214 
Total current liabilities:1214 
Noncurrent Liabilities
Other undisclosed liabilities1,6201,3451,193
Total liabilities:1,6321,3581,193
Stockholders' equity
Stockholders' equity attributable to parent190179158
Common stock000
Additional paid in capital120126124
Accumulated other comprehensive income (loss)21(2)
Retained earnings685237
Other undisclosed stockholders' equity(188) (161)
Total stockholders' equity:2179(2)
Other undisclosed liabilities and equity188 161
TOTAL LIABILITIES AND EQUITY:1,8211,5371,352

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Revenues646348
Net investment income646349
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(5)(2)(2)
Gross profit:596146
Operating expenses(4)(4)(6)
Other operating income, net
(Noninterest Income, Other Operating Income)
111
Operating income:555942
Nonoperating income
(Bank Owned Life Insurance Income)
110
Interest and debt expense(14)(19)(12)
Income from continuing operations before equity method investments, income taxes:424130
Other undisclosed loss from continuing operations before income taxes(22)(21)(17)
Income from continuing operations before income taxes:202013
Income tax expense(4)(4)(2)
Net income available to common stockholders, diluted:161611

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net income:161611
Other comprehensive income (loss)13(1)
Comprehensive income, net of tax, attributable to parent:171910

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: