FVCbank

11325 Random Hills Road
Fairfax, VA 22030

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58696
Date Established 2007
Assets $1.14 billion
Loans $0.95 billion
Deposits $1.01 billion
Capital $0.12 billion

FVCbank is an FDIC insured institution located in Fairfax, VA. It was founded in 2007 and has approximately $1.14 billion in assets. Customers can open an account at one of its 6 branches.

For a more detailed analysis of FVCbank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in FVCbank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Virginia, FVCbank has a significantly higher percent of Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 17.30
Multifamily
Mortgages
5.98
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 7.07
Construction and Development Loans 14.66
Commercial Real Estate 48.50
Commercial and Industrial Loans 10.24
Farm Loans 0.06

Deposit Rates - October 17, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $2,500 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.55% $1,000 - Learn MoreShow Less
6 Mo CD
0.75% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.05% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1 - Learn MoreShow Less

Loan Rates - October 17, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FVCbank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Ally Bank
NMLS ID: 181005
4.933% 4.875% 0.25 $1,766 $1,324 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.673% 4.625% 0.13 $1,510 $1,286 Learn More
PenFed Credit Union
NMLS ID: 401822
4.836% 4.750% 0.00 $2,500 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to FVCbank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

FVCbank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


FVCbank Locations

Financial Details

FVCbank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of FVCbank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
FVCbank U.S. Bank Average
3.65% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, FVCbank had $946,000 in non-current loans and $3,866,000 in owned real estate. To cover these potential losses it had $123,572,000 in equity and $8,298,000 in loans loss reserves. That gives it a Texas Ratio of 3.65%.

Return on Equity
FVCbank U.S. Bank Average
11.84% 9.77%

FVCbank has a Return on Equity of 11.84% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
FVCbank U.S. Bank Average
10.87% 12.31%

FVCbank has a Capitalization of 10.87% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

FVCbank Balance Sheet Analysis

As of June 30, 2018, FVCbank had assets of $1,136,962,000, loans of $947,343,000, and deposits of $1,011,230,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.04 billion
Interest-bearing balances $0.03 billion
Total securities $0.12 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.95 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.03 billion
     Total Assets $1.01 billion
LIABILITIES
Total deposits $1.01 billion
      Interest-bearing deposits $0.95 billion
      Deposits held in domestic offices $1.01 billion
      % insured (estimated) 53.39%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $1.01 billion
      Shareholders’ Equity $0.12 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Fvcbank

Branches and Savings

Is Fvcbank FDIC insured?

Yes. It is covered under FDIC Certificate #58696.

Why does Fvcbank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Fvcbank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Fvcbank a commercial bank?

Yes

Where are Fvcbank locations?

See branch locations nearby.

Is Fvcbank open on Saturdays?

Is Fvcbank open on Sundays?

What time does Fvcbank open?

What time does Fvcbank close?

Are Fvcbank ATMs Open 24/7?

Do Fvcbank ATMs accept cash deposits?

Can Fvcbank customers use other ATMs?

Do Fvcbank branches have notaries?

Will Fvcbank notarize my document?

What address for Fvcbank should I put for incoming ACH transfers?

Will the Fvcbank branch print checks?

Do Fvcbank checks expire?

Does Fvcbank require US citizenship to open account?

Can Fvcbank close my account?

Does Fvcbank Report to credit bureaus?

Does Fvcbank Use Equifax?

What is Fvcbank's ACH Routing Number?

What is Fvcbank's SWIFT code?

Products

Does Fvcbank offer mortgages?

Compare mortgage rates here.

Does Fvcbank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Fvcbank offer personal loans?

Compare personal loan rates here.

Does Fvcbank offer student loans?

Will Fvcbank cash a check?

Will Fvcbank redeem a savings bond?

Does Fvcbank cash savings bonds?

Will Fvcbank cash money orders?

Can Fvcbank issue a money order?

Does Fvcbank do currency exchange?

Background on The Bank

Who owns Fvcbank?

How long has Fvcbank been around?

Can Fvcbank transfer to other banks?

Does Fvcbank have quick pay?

Does Fvcbank accept rolled coins?

Will Fvcbank accept loose change?

Where is Fvcbank headquarters?

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