---
schema_version: "secwatch.filing_event.v1"
accession: "0001675644-23-000093"
form_type: "8-K"
ticker: "FVCB"
cik: "0001675644"
company_name: "FVCBankcorp, Inc."
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:10:34.821444+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FVCBankcorp Q2 net income falls to $4.2M ($0.23 EPS) from $6.4M YoY; deposits rise 14%

## Summary
- Q2 2023 net income $4.2M, $0.23 diluted EPS, down 34% from $6.4M, $0.35 in Q2 2022.
- Total deposits grew $257.9M (14%) from Dec 2022 to $2.09B; core deposits up 5% in quarter.
- Uninsured deposits improved to 27.6% of total from 39.7% at Dec 2022; liquidity covers 172% of uninsured deposits.
- Pre-tax pre-provision income increased 22% sequentially to $6.1M; nonperforming loans to assets fell to 0.06%.
- Tangible common equity to total assets ratio rose to 9.22% from 8.92%; total risk-based capital 13.28%.

## SEC filing metadata
- accession: 0001675644-23-000093
- form_type: 8-K
- ticker: FVCB
- cik: 0001675644
- company_name: FVCBankcorp, Inc.
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675644/000167564423000093/0001675644-23-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675644/000167564423000093/fvcb-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001675644-23-000093
- JSON: https://secwatch.observer/filing/0001675644-23-000093.json
- Plain text: https://secwatch.observer/filing/0001675644-23-000093.txt

## Key facts
- Earnings Releases
  FVCBankcorp, Inc. reported the second quarter of 2023 results: net income $4.2 million, EPS $0.23 diluted earnings per share.
  - Period: the second quarter of 2023
  - Net income: $4.2 million
  - EPS: $0.23 diluted earnings per share
  - Result: reported results
  source text: Net income for the second quarter of 2023 was $4.2 million, or $0.23 diluted earnings per share, compared to $6.4 million, or $0.35 diluted earnings per share, for the quarterly period ended June 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675644/000167564423000093/0001675644-23-000093-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.