FVCB News & Events

Reports Q4 Net Interest Income $16.9M vs. $16.4M last year. David W. Pijor, Esq., Chairman and Chief Executive Officer of the Company, said: "Our 2025 results are indicative of our strategic focus, discipline, and execution, to enhance earnings while we continue to grow our core loan and deposit base. The fourth quarter of 2025 is our third consecutive quarter with annualized return on average assets of 1.00% or better and is our eighth consecutive quarter of net interest margin improvement. Loan growth of 4% for the fourth quarter and year ended December 31, 2025 resulted in continued revenue growth. Since our inception in November 2007, we have always been committed to maintaining and growing a strong financial services company for our employees, clients, shareholders and the communities we serve. We are extremely pleased with our 2025 results and especially proud of our team's commitment to ongoing excellence."

FVCbank announced that its mortgage minority interest, Atlantic Coast Mortgage, a leading independent mortgage lender licensed in 40 states, recently announced its acquisition of Tidewater Mortgage Services,or TMS, a Coastal Virginia based mortgage lender serving the Mid-Atlantic and Southeast. The transaction will combine ACM's innovative, client-focused lending model and broad product suite with TMS's strong reputation for excellent customer service and community engagement. The acquisition will add approximately 45 loan officers along with support staff to the ACM team. The production from the TMS team is expected to make the acquisition immediately accretive in 2026, with minimal earnings impact in the Q4.

For the quarter ended September 30, 2025, net interest margin improved to 2.91% from 2.90% for the quarter ended June 30, 2025, the seventh consecutive quarter of margin improvement, and increased 27 basis points, or 10%, compared to 2.64% for the third quarter of 2024. Net interest income increased $1.8 million, or 13%, to $16.0 million for the third quarter of 2025, compared to $14.2 million for the year ago quarter ended September 30, 2024, and increased $274 thousand compared to the linked quarter ended June 30, 2025.