Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
Cash Flows From Operating Activities
Net income	$ 10,832	$ 5,495
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	114	149
Provision for credit losses	305	206
Net amortization of premium of securities	96	118
Net accretion of deferred loan costs, fees, and other acquisition accounting adjustments	(410)	(260)
Gain (loss) on derivative termination	154	0
Income from minority membership interests	(492)	(148)
Amortization of subordinated debt issuance costs	27	13
Core deposit intangible amortization	67	87
Equity-based compensation expense	433	369
BOLI income	(141)	(256)
Changes in assets and liabilities:
(Increase) decrease in accrued interest receivable, prepaid expenses and other assets	468	(842)
Increase (decrease) in accrued interest payable, accrued expenses and other liabilities	(2,441)	3,773
Net Cash Provided by (Used in) Operating Activities, Total	8,704	8,704
Cash Flows From Investing Activities
Decrease in interest-bearing deposits at other financial institutions	(37,716)	(101,860)
Payments to Acquire Debt Securities, Available-for-Sale	1,995	0
Proceeds from repayments, calls and maturities of securities available-for-sale	7,496	7,340
Net redemption of restricted stock	412	0
Net (increase) decrease in loans	1,177	(57,975)
Proceeds from Life Insurance Policy	0	47,774
Purchases of premises and equipment, net	(29)	(67)
Net cash used in investing activities	(30,655)	(104,788)
Cash Flows From Financing Activities
Net increase in non-maturing deposits	17,221	150,514
Net increase (decrease) in time deposits	15,647	(27,057)
Issuance and Redemption of subordinated debt, net	1	0
Decrease in federal funds purchased	0	(469)
Net decrease in FHLB advances	0	(26,248)
Payment, Tax Withholding, Share-Based Payment Arrangement	(53)	(52)
Repurchases of common stock	(4,635)	0
Common stock issuance	236	1,541
Net cash provided by financing activities	28,417	98,229
Cash and cash equivalents, beginning of year	8,161	8,042
Net increase in cash and cash equivalents	6,466	2,145
Cash and cash equivalents, end of period	$ 14,627	$ 10,187

FVCBankcorp, Inc. 10-Q