Here are 1-3 brief analogies for FVCBankcorp:

• It's like a smaller, community-focused version of M&T Bank, specializing in business and professional banking for the Washington D.C. and Baltimore metropolitan areas.

• Think of it as a local business bank for the D.C. region, similar to how a smaller, more traditional PNC Bank would serve commercial and small business clients.

• It's a regional bank for the D.C. and Baltimore areas, akin to a highly localized Capital One that prioritizes commercial real estate and business loans over broad consumer offerings.

• Deposit Accounts: Offers a range of accounts for individuals and businesses, including checking, savings, money market, and certificates of deposit.
• Commercial Loans: Provides financing for commercial real estate, construction, business operations, and government contracts.
• Small Business Administration (SBA) Loans: Offers government-backed financing solutions specifically for small businesses.
• Asset-Based Lending: Provides financing secured by a company's assets, such as accounts receivable or inventory.
• Consumer & Home Equity Loans: Offers personal loans and loans secured by home equity for individual clients.
• Credit Cards: Provides credit card options for both business and consumer use.
• Merchant Services: Facilitates electronic payment processing for businesses.
• Business Insurance: Offers various insurance products tailored for business needs.
• Digital Banking: Provides convenient online, mobile, and remote deposit banking services.

FVCBankcorp (FVCB) serves a diverse customer base, providing banking products and services to various categories of clients rather than a few named major customers.

Its major customers fall into the following categories:

• Commercial businesses
• Nonprofit organizations
• Professional service entities
• Individuals, specifically the owners and employees of the aforementioned commercial businesses, nonprofit organizations, and professional service entities.

• Visa Inc. (V)
• Mastercard Incorporated (MA)

David W. Pijor, Chairman & Chief Executive Officer

David W. Pijor is an accomplished leader who played a pivotal role as the lead organizer in the establishment of FVCbank, which began operations in 2007. Before his career in banking, he practiced law for over 30 years, specializing in business, mergers, and international law. Mr. Pijor co-founded James Monroe Bank, where he served as Chairman and General Counsel from 1997 to 2006. Under his leadership, James Monroe Bank achieved significant growth, reaching over $740 million in assets in eight years before its acquisition by Mercantile Bancshares in 2006, which generated over tenfold returns for its initial shareholders.

Jennifer Deacon, Senior Executive Vice President & Chief Financial Officer

Jennifer Deacon brings over 20 years of community banking experience with a strong focus on accounting and finance. She previously served as Executive Vice President, Chief Accounting Officer, and Corporate Secretary with Cardinal Bank. Ms. Deacon was involved in the formation of Cardinal Bank in 1998 and contributed to its growth to over $4.2 billion in total assets. Her prior experience includes working in the accounting departments at George Mason Bank and Patriot National Bank. In May 2025, she was promoted to Senior Executive Vice President.

Patricia A. Ferrick, President

Patricia Ferrick possesses over 30 years of experience in the banking industry, primarily serving the Washington, DC, metropolitan area. She has been with FVCbank since its founding in 2007, initially as Chief Financial Officer (CFO) and later ascending to President in 2018. Before joining FVCbank, Ms. Ferrick served as CFO of Potomac Bank of Virginia, where she successfully managed its sale to Sandy Spring Bank. She also held the position of CFO at Southern Financial Bank, which was acquired by Provident Bank, and remained as Senior Vice President for a year post-merger.

Michael G. Nassy, Senior Executive Vice President & Chief Credit Officer

Michael G. Nassy is responsible for establishing the credit culture and overseeing all credit-related activities for FVCbank, including loan policies, procedures, concentration, stress testing, loan administration, and the Allowance for Loan and Lease Losses (ALLL). He has over 18 years of experience in various commercial lending and credit roles. Mr. Nassy joined FVCbank in September 2012, having previously worked at City First Bank of DC and National Cooperative Bank (NCB, FSB). He was elected chair of The Risk Management Association (RMA) for the 2022 fiscal year. In May 2025, he was promoted to Senior Executive Vice President.

Alissa Curry Briggs, Executive Vice President & Chief Lending Officer

Alissa Curry Briggs joined FVCbank in 2013 and has held various positions, including Executive Director of Commercial Real Estate. She brings over 23 years of banking experience across all lending areas, including commercial real estate (CRE), commercial and industrial (C&I), government contracting (GovCon), and government lending.

Key Risks to FVCBankcorp (FVCB)

1. Dependence on the Washington D.C. Metropolitan Area Economy: FVCBankcorp's operations are heavily reliant on the economic health of the Washington D.C. metropolitan area, which is significantly influenced by the federal government. Cuts in federal employment, grants, or funding could have an oversized impact on the local economy and, consequently, on FVCB's customer base and financial performance.
2. Credit Risk: The company is exposed to credit risk, particularly within its commercial real estate and government contractor loan portfolios. Economic downturns or adverse changes in these specific market segments could lead to an increase in nonperforming assets and higher credit losses.
3. Interest Rate Risk: FVCBankcorp's profitability is highly sensitive to fluctuations in interest rates. Significant or rapid changes in interest rates could increase funding costs, decrease loan demand, and negatively impact the bank's net interest margin and overall profitability.

The rise of digital-only banks (neobanks) and specialized fintech platforms presents a clear emerging threat. These entities leverage technology to offer banking, lending, and payment services with potentially lower operational costs, higher efficiency, and a more streamlined digital-first customer experience. This competition could erode FVCBankcorp's market share in deposit acquisition, commercial and consumer lending, and merchant services, particularly among tech-savvy customers or businesses seeking highly convenient, digitally native financial solutions that may offer more competitive rates or faster service than a traditional branch-based community bank.

Deposit Products

Commercial Loans

• The total value of active small business loans in **Maryland** is over $1 billion (specifically, $1,071,942,448).
• In **Washington, D.C.**, new lending to businesses through loans of $1 million or less totaled $904.1 million in 2021. This figure was $1.2 billion in 2020.
• Small business lending in **Baltimore City** amounted to $307 million in 2016.

Consumer Loans (including Mortgage Purchase Loans)

• The forecasted purchase loan volume for 2025 in the **Washington, D.C. Metropolitan Area** is more than $40 billion.
• The projected purchase loan volume for 2025 in the **Baltimore Metropolitan Area** is approximately $10.9 billion.

Commercial Real Estate Loans

Other Services

Here are the expected drivers of future revenue growth for FVCBankcorp (FVCB) over the next 2-3 years:

• Loan Growth: The company's strategy involves increasing its loan portfolio, which has historically led to higher interest income and overall revenue growth. FVCBankcorp reported a 4% loan growth for the fourth quarter and full year 2025, contributing to continued revenue expansion.
• Net Interest Margin (NIM) Improvement: FVCBankcorp has demonstrated a consistent trend of improving net interest margin, with the fourth quarter of 2025 marking the eighth consecutive quarter of improvement. This is attributed to enhanced yields on earning assets, primarily from the loan portfolio, and effective management of funding costs.
• Core Deposit Growth: The company has successfully expanded its customer base, resulting in significant core deposit growth. This increase in core deposits is anticipated to support future loan growth initiatives.
• Repricing of Commercial Loan Portfolio: A considerable portion (62%) of FVCBankcorp's disciplined commercial loan portfolio is scheduled to reprice or mature by September 30, 2028. This presents an opportunity for the company to capture potentially higher yields on these loans, further bolstering net interest income.
• Enhancing Customer Experience and Operational Efficiencies through Technology: Management is focused on executing a growth strategy that includes leveraging technological investments to improve the customer experience and drive operational efficiencies. These efforts are expected to contribute to customer acquisition, retention, and overall revenue generation.

Share Repurchases

• FVCBankcorp repurchased 415,000 shares at a total cost of $4.6 million during the second quarter of 2025.
• In 2023, the company made common stock repurchases totaling $1.5 million.
• Common stock repurchases amounted to $730 thousand in 2022.

Share Issuance

• FVCBankcorp reported common stock issuance of $1.7 million in 2024.
• In 2023, common stock issuance was $1.7 million.
• The company's common stock issuance totaled $1.7 million in 2022.

Inbound Investments

• In February 2026, FVCBankcorp, Inc. completed a $25 million senior notes offering.

Outbound Investments

• In 2021, FVCBankcorp had net acquisitions of $22.2 million.

Capital Expenditures

• Over the last twelve months, FVCBankcorp, Inc.'s capital expenditures were approximately $30,000.
• Capital expenditures for 2024 were $141,000.
• In 2023, capital expenditures totaled $212,000.