FVCBankcorp, Inc.

FVCBankcorp, Inc. reported strong FY 2025 performance with total assets reaching $2.29 billion, up $93.3 million or 4% from $2.20 billion in 2024. Loans grew 4% to $1.941 billion, driven by 35% increase in commercial and industrial loans to $453.4 million. Deposits expanded 7% to $1.997 billion, with core deposits up 6%. Net income surged 46% to $22.1 million from $15.1 million, fueled by 15% higher net interest income at $63.8 million and 44% rise in noninterest income to $3.6 million. Net interest margin improved to 2.92% from 2.62%, aided by lower deposit costs. Provision for credit losses was $1.6 million versus negligible $6 thousand prior year, reflecting loan growth. Noninterest expense increased 5% to $37.6 million, mainly salaries. Asset quality remained solid with nonperforming loans at 0.55% of total loans, down from 0.69%. Return on average assets rose to 0.99% from 0.69%. These results underscore resilient growth in a high-rate environment, supported by relationship banking in Washington D.C. and Baltimore MSAs, positioning FVCB for continued expansion amid economic challenges.

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