Fvcbankcorp, inc. (FVCB)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Dec'17
Assets
Cash and due from banks

23

14

19

15

13

9

8

7

Interest-bearing deposits at other financial institutions

62

18

92

29

30

34

46

15

Securities held-to-maturity (fair value of $0.3 million for both March 31, 2020 and December 31, 2019)

0

0

0

1

1

1

1

1

Securities available-for-sale, at fair value

126

141

136

134

137

123

111

115

Restricted stock, at cost

6

6

6

5

5

5

3

3

Loans held for sale, at fair value

9

11

-

-

-

-

-

-

Loans, net of allowance for loan losses of $11.2 million and $10.2 million at March 31, 2020 and December 31, 2019, respectively

1,270

1,260

1,233

1,224

1,169

1,127

969

880

Premises and equipment, net

2

2

2

2

2

2

1

1

Accrued interest receivable

4

4

4

4

4

4

3

2

Prepaid expenses

0

0

1

1

0

0

0

0

Deferred tax assets, net

7

7

7

7

8

8

3

3

Goodwill and intangibles, net

8

8

8

8

8

8

-

0

Core deposit intangible, net

-

-

-

-

-

-

0

-

Bank owned life insurance (BOLI)

37

37

26

26

16

16

16

15

Other real estate owned (OREO)

3

3

3

3

3

4

3

3

Operating lease right-of-use assets

13

13

13

11

11

-

-

-

Other assets

25

7

9

7

5

5

3

0

Total assets

1,602

1,537

1,565

1,484

1,419

1,351

1,175

1,053

Liabilities and Stockholders' Equity
Liabilities
Deposits:
Noninterest-bearing

287

306

294

270

253

233

211

175

Interest-bearing checking, savings and money market

613

557

622

606

581

583

498

379

Time deposits

443

422

400

391

377

345

283

373

Total deposits

1,344

1,285

1,317

1,269

1,212

1,162

993

928

FHLB advances

-

-

-

-

-

-

-

0

Federal funds purchased

-

10

-

-

-

-

15

-

FHLB advances

25

15

15

-

-

-

-

-

Subordinated notes, net of issuance costs

24

24

24

24

24

24

24

24

Accrued interest payable

1

0

0

0

1

0

0

0

Operating lease liabilities

13

13

13

12

12

-

-

-

Accrued expenses and other liabilities

16

8

18

7

5

5

2

2

Total liabilities

1,424

1,358

1,390

1,314

1,255

1,193

1,036

954

Commitments and Contingent Liabilities

-

-

-

-

-

-

0

-

Stockholders' Equity
Common stock, $0.01 par value

0

0

0

0

0

0

0

0

Additional paid-in capital

118

125

125

125

124

123

107

74

Retained earnings

56

52

48

44

40

36

35

25

Accumulated other comprehensive income, net

2

0

0

0

-1

-2

-4

-1

Total stockholders' equity

177

179

175

170

163

158

138

98

Total liabilities and stockholders' equity

1,602

1,537

1,565

1,484

1,419

1,351

1,175

1,053