---
schema_version: "secwatch.filing_event.v1"
accession: "0001675644-23-000131"
form_type: "8-K"
ticker: "FVCB"
cik: "0001675644"
company_name: "FVCBankcorp, Inc."
filed_at: "2023-12-11T23:59:59+00:00"
generated_at: "2026-06-07T14:56:07.629079+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FVCBankcorp sells $61.4M low-yield securities, takes $8.5M loss to reposition balance sheet

## Summary
- Sold $61.4M book value AFS securities (1.54% avg yield); recorded $8.5M after-tax loss in Q4 2023.
- Projected earn-back period less than three years; proceeds to reduce high-cost funding and fund loan growth.
- Transaction neutral to tangible book value as loss already in AOCI; expected to be accretive to NIM and ROA.
- Company remains well-capitalized; repositioning improves liquidity and positions for higher future earnings.

## SEC filing metadata
- accession: 0001675644-23-000131
- form_type: 8-K
- ticker: FVCB
- cik: 0001675644
- company_name: FVCBankcorp, Inc.
- filed_at: 2023-12-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675644/000167564423000131/0001675644-23-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675644/000167564423000131/fvcb-20231211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001675644-23-000131
- JSON: https://secwatch.observer/filing/0001675644-23-000131.json
- Plain text: https://secwatch.observer/filing/0001675644-23-000131.txt

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