---
schema_version: "secwatch.filing_event.v1"
accession: "0001675644-24-000065"
form_type: "8-K"
ticker: "FVCB"
cik: "0001675644"
company_name: "FVCBankcorp, Inc."
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:00:34.499103+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FVCBankcorp Q1 2024 net income $1.3M; NIM expands 10 bps to 2.47%

## Summary
- GAAP net income $1.3M ($0.07 diluted EPS) vs $621K ($0.03) a year ago.
- Net interest margin improved 10 bps to 2.47% from 2.37% in Q4 2023.
- Surrendered $48M of BOLI; $2.4M nonrecurring tax provision; proceeds cut high-cost funding.
- Non-GAAP operating EPS $0.20 vs $0.15 in Q4 2023.
- Nonperforming loans $3.0M (0.14% of assets), down $1.5M YoY.

## SEC filing metadata
- accession: 0001675644-24-000065
- form_type: 8-K
- ticker: FVCB
- cik: 0001675644
- company_name: FVCBankcorp, Inc.
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675644/000167564424000065/0001675644-24-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675644/000167564424000065/fvcb-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001675644-24-000065
- JSON: https://secwatch.observer/filing/0001675644-24-000065.json
- Plain text: https://secwatch.observer/filing/0001675644-24-000065.txt

## Key facts
- Earnings Releases
  FVCBankcorp, Inc. reported first quarter of 2024 results: net income $1.3 million, EPS $0.07 diluted earnings per share.
  - Period: first quarter of 2024
  - Net income: $1.3 million
  - EPS: $0.07 diluted earnings per share
  - Result: reported results
  source text: On April 23, 2024, FVCBankcorp, Inc. (the “Company”) issued a press release reporting its financial results for the period ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675644/000167564424000065/0001675644-24-000065-index.htm

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