secwatch.observer — SEC 8-K summary
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Issuer:     FVCBankcorp, Inc. (FVCB)
CIK:        0001675644
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001675644-22-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FVCBankcorp reports Q2 2022 net income $6.4M, up 24% YoY; record 10% quarterly loan growth
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- Net income $6.4M ($0.43 diluted EPS) vs $5.2M ($0.36) in Q2 2021, up 24%.
- Loans receivable net of deferred fees $1.66B, up 10% quarterly ($151.8M increase) – record growth.
- Net interest margin expanded 23 bps to 3.30% from 3.07% a year ago.
- Nonperforming assets were 0.15% of total assets ($3.5M), down from 0.16% at Dec 2021.
- Efficiency ratio improved to 47.1% from 55.3% in prior-year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1675644/000167564422000046/0001675644-22-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1675644/000167564422000046/fvcb-20220721.htm
  HTML page:      https://secwatch.observer/filing/0001675644-22-000046

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