Welcome to First Virginia Community Bank. We're a little different than your average bank. We're a team that is driven by an entrepreneurial spirit. And we have something to prove every day. Let us show you how we do it. Call or visit today.
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FVCbank qualifies to trade on the OTCQX.
FVCbank makes the 2014 Top 200 Healthiest Banks in America list. See how we rank.Read More About Us
FVCBankcorp, Inc. (OTCQX:FVCB) (the “Company”) reported unaudited consolidated earnings of $1.8 million for the second quarter of 2016, or $0.21 diluted earnings per share, an increase of $314 thousand, or 21.3% compared with the 2015 second quarter. Return on average assets was 0.94% for the quarter, while return on average equity increased to 9.30%. Net income for the first half of 2016 totaled $3.6 million, an increase of $661 thousand, or 22.9%, compared with net income of $2.9 million for the … Read More
Sometimes when Chris Turley visits a client, he walks right in. Sometimes, though, there's a metal detector, a scan of his belongings, an escort to a secure room--and a cellphone signal blocker. You deal with that when your clients are government actors, contractors and subcontractors around the nation's capital. "The federal government is in our footprint," says Turley, senior vice president and regional lending executive of First Virginia Community Bank, based in the Washington, D.C., suburb of … Read More
June 20, 2016 FVCBankcorp, Inc. (OTCQX: FVCB) (the "Company"), the holding company for First Virginia Community Bank (the "Bank"), announced today that it has completed a private placement of $25.0 million in aggregate principal amount of its fixedtofloating rate subordinated notes. Unless earlier redeemed, the notes will mature on June 30, 2026. The notes bear interest at a fixed rate of 6.00% for the first five years, and thereafter will bear a floating interest rate equal to three-month LIBOR plus 487 basis points. The notes … Read More
FVCBankcorp, Inc. (OTCQX: FVCB), (the “Company”) announced today that its Board of Directors approved a five-for-four split of the Company's common stock in the form of a 25 percent stock dividend in respect to the issued and outstanding shares. “We’re focused on building upon our successful momentum in 2015 and first quarter 2016 through a strong strategy and effective partnership with our shareholders,” stated David Pijor, Chairman, President and Chief Executive Officer of FVCBankcorp, Inc. “Our first quarter 2016 results … Read More
As part of its steadfast commitment to serve the community, FVCbank, named one of the 50 fastest growing companies for a third year by the Virginia Chamber of Commerce, presented the L. Burwell Gunn Citizenship Award to the Arlington Soccer Association (ASA) during its Annual Shareholders Meeting yesterday to support the nonprofit organization in achieving its goal to serve young people in the area. Since 2012, FVCbank has sponsored the soccer organization on an annual basis to help fund quality programs that … Read More
FVCBankcorp Inc. (OTCQX:FVCB) (the “Company”) reported unaudited consolidated earnings of $1.8 million for the first quarter of 2016, or $0.26 diluted earnings per share, an increase of $347 thousand, or 24.4%, compared with the 2015 first quarter. Return on average assets improved to 0.97% for the quarter, while return on average equity increased to 9.45%. Net income for the 2016 first quarter increased $736 thousand compared with the previous quarter, due to the significant loan growth in the 2015 … Read More
First Virginia Community Bank (FVCbank) announces the addition of Sharon Jackson as senior vice president and senior retail officer to support consumer and commercial clients. With a focus on expanding the Bank’s specialized retail financial services, Jackson’s financial expertise elevates the Bank’s already solid team in niche industries such as title and escrow, government contracting, healthcare, property management, small business and nonprofit. … Read More
I am delighted to update you on your Bank’s financial performance during 2015. We recently reported consolidated earnings of $5.4 million for 2015, or $0.80 diluted earnings per share, an increase of $1.3 million, or 31.1% compared with 2014 net income of $4.1 million, or $0.63 diluted earnings per share. 2015 was a milestone year for FVCbank as our team achieved record loan growth and earnings in one of the most vibrant markets in the country. We continue to win relationships … Read More
We are reiterating our “Outperform” rating and $19.50 Target Price on FVCB shares with revised EPS estimates of $0.97 in 2016 (up from $0.95) and $1.15 in 2017 (up from $1.10). Our EPS changes reflect expectations for stronger Loan growth than previously modeled offset by a lower NIM and larger provisions to cover expected Loan growth. We had a chance to speak with CFO Patricia Ferrick recently who noted expectations for 15%-20% loan growth based on a strong start to 1Q16 and a building … Read More