---
schema_version: "secwatch.filing_event.v1"
accession: "0001675644-24-000005"
form_type: "8-K"
ticker: "FVCB"
cik: "0001675644"
company_name: "FVCBankcorp, Inc."
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:06:31.939528+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FVCBankcorp reports Q4 net loss of $5.1M on securities repositioning; full-year EPS drops to $0.21

## Summary
- Q4 net loss of $5.1M ($0.28 diluted loss per share) vs net income of $4.9M ($0.27) in Q4 2022.
- Full-year 2023 net income $3.8M ($0.21 diluted EPS) down from $25.0M ($1.35) in 2022.
- Sold $61.4M of low-yield securities, recording $8.5M after-tax loss; reduces future interest rate risk.
- Nonperforming loans fell 59% to $1.8M (0.08% of total assets); net charge-offs only $49k.
- Cost actions: lease write-offs and severance reduce 2024 operating expenses by over $1.0M.

## SEC filing metadata
- accession: 0001675644-24-000005
- form_type: 8-K
- ticker: FVCB
- cik: 0001675644
- company_name: FVCBankcorp, Inc.
- filed_at: 2024-01-23T23:59:59+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/1675644/000167564424000005/0001675644-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675644/000167564424000005/fvcb-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001675644-24-000005
- JSON: https://secwatch.observer/filing/0001675644-24-000005.json
- Plain text: https://secwatch.observer/filing/0001675644-24-000005.txt

## Key facts
- Earnings Releases
  FVCBankcorp, Inc. reported the fourth quarter and full year of 2023 results: net income net loss of $5.1 million, or $0.28 diluted loss per share, for the quarter ended December 31, 2023.
  - Period: the fourth quarter and full year of 2023
  - Net income: net loss of $5.1 million, or $0.28 diluted loss per share, for the quarter ended December 31, 2023
  - Result: reported results
  source text: On January 23, 2024, FVCBankcorp, Inc. (the “Company”) issued a press release reporting its financial results for the period ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675644/000167564424000005/0001675644-24-000005-index.htm

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