FVCBankcorp (FVCB) investor relations material

Executive summary

• Q3 net income rose 19% YoY to $6.6 million, or $0.37 diluted EPS; 9M net income was $21.2 million, or $1.17 diluted EPS.

• Q3 net interest income increased 15% to $18.4 million; 9M net interest income rose 17% to $55.0 million.

• At September 30, 2026, assets were $2.31 billion, loans net were $1.90 billion, deposits were $2.00 billion and stockholders’ equity was $268.5 million.

• A $847,000 pretax gain from the Bearing Insurance Group stake sale contributed to 9M results.

Financial highlights

• Q3 interest income rose 2% to $30.4 million; interest expense fell $1.8 million to $12.0 million, lifting net interest income to $18.4 million.

• Q3 provision for credit losses was $186,000 versus $375,000; noninterest income was $303,000 versus $1.0 million, including a $403,000 ACM loss, and noninterest expense rose 5% to $10.0 million.

• 9M noninterest income increased 23% to $3.3 million; noninterest expense rose 9% to $30.4 million, mainly reflecting higher staffing and compensation costs.

• 9M adjusted core net income was $20.8 million versus $16.3 million; diluted core EPS was $1.15 versus $0.89. Adjustments excluded sale and derivative gains and accelerated debt issuance costs, with tax effects.

Outlook and guidance

• A strong loan pipeline and closings delayed into Q4 support expectations for selective loan and customer growth; delayed closings reduced Q3 average loans by $50.7 million QoQ.

• Within 12 months, $152.6 million of fixed-rate and $39.4 million of variable-rate commercial loans are scheduled to reprice or mature; management expects repricing and new originations to improve yields.

• Liquidity planning includes maintaining a cushion and stress-testing funding under moderate-to-severe scenarios; management believes resources are sufficient to meet liquidity needs.