FCVA First Capital Bancorp, Inc. (VA) featured news, full reports, and detailed charts
First Capital Bancorp, Inc. (VA) (FCVA) Wrap Up:
First Capital Bancorp, Inc. is a bank holding company that was incorporated under Virginia law in 2006. Pursuant to a statutory share exchange that was effective on September 8, 2006, we became a bank holding company. We conduct our primary operations through our wholly owned subsidiary, First Capital Bank, which is chartered under Virginia law. We have one other wholly owned subsidiary, FCRV Statutory Trust 1, which is a Delaware Business Trust that we formed in connection with the issuance of trust preferred debt in September, 2006. Our principal executive offices are located at 4222 Cox Road, Suite 200, Glen Allen, Virginia 23060, and our telephone number is (804) 273-1160. We maintain a website at www.1capitalbank.com. First Capital Bank, a Virginia banking corporation headquartered in Glen Allen, Virginia, was incorporated under the laws of the Commonwealth of Virginia as a state-chartered bank in 1997. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f26%2f0001193125-08-065880.html#FIS_BUSINESS"www.1capitalbank.com
77 Employees
First Capital Bancorp, Inc. (FCVA:NASDAQ)
LAST $5.15 USD
CHANGE TODAY -0.05 -0.96%
VOLUME 14.3K
As of 3:42 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of First Capital Bancorp, Inc. (FCVA)
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OPEN
$5.30
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PREVIOUS CLOSE
$5.20
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DAY HIGH
$5.30
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DAY LOW
$5.10
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52 WEEK HIGH
02/2/09 - $9.89
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52 WEEK LOW
03/11/09 - $4.37
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MARKET CAP
15.3M
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AVERAGE VOLUME 3 mo
8.5K
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DILUTED EPS TTM
$-0.23
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SHARES OUTSTANDING
3.0M
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FCVA Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
FCVA Top Compensated Officers
Mr. John M. Presley
Chief Executive Officer, Managing Director an...
Age: 48
Total Annual Compensation: $34.7K
Mr. Robert G. Watts Jr.
President, Director, Member of Loan Committee...
Age: 48
Total Annual Compensation: $183.9K
Mr. K. Bradley Hildebrandt
Executive Vice President, Senior Credit Offic...
Total Annual Compensation: $152.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for First Capital Bancorp, Inc. (FCVA)
First Capital Bancorp Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
11/2/2009
First Capital Bancorp Inc. reported earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net interest income of $3,326,000, income before income taxes of $603,000, net income of $405,000, net income available to common shareholders of $268,000 or $0.09 diluted per share compared with net interest income of $2,834,000, loss before income taxes of $689,000, net loss of $463,000, net loss available to common shareholders of $463,000 or $0.16 diluted per share over the same period a year ago. The increase in quarter over quarter net interest income was due to an increase in loan portfolio yields of approximately 7 basis points and a decrease in total funding costs of approximately 80 basis points. Return on average assets was 0.32% compared to negative return on average assets of 0.45% for the same period a year ago. Return on average equity was 3.53% compared to negative return on average equity of 5.22% for the same period a year ago. For the nine months, the company reported net interest income of $8,769,000, loss before income taxes of $248,000, net loss of $224,000, net loss available to common shareholders of $493,000 or $0.17 diluted per share, book value per common share of $12.15 compared with net interest income of $8,372,000, income before income taxes of $552,000, net income of $338,000, net income available to common shareholders of $338,000 or $0.11 diluted per share, book value per common share of $11.67 over the same period a year ago. Return on average assets was negative at 0.06% compared to return on average assets of 0.12% for the same period a year ago. Return on average equity was negative at 0.71% compared to return on average equity of 1.28% for the same period a year ago. Non GAAP net income was $185,000.
First Capital Bancorp Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2009
07/21/2009
First Capital Bancorp Inc. reported earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported a net loss of $731,000 or $0.29 per basic and diluted share on compared to net income of $386,000 or $0.13 per basic and diluted share for the same period in 2008. Net interest income was $2,905,000 and interest income was $6,265,000 compared to net interest income of $2,737,000 and interest income of $5,870,000 for the same period in 2008. Loss before income tax was $1,005,000 compared to income before income tax of $598,000 for the same period in 2008. Net loss available to common shareholders was $866,000 compared to net income available to common shareholders of $386,000 for the same period in 2008. For the first six months, the net loss totaled $629,000 or $0.26 per diluted share compared to net income of $801,000 for the six months ended June 30, 2008. Net interest income was $5,443,000 compared to $5,538,000 for the same period in 2008. Interest income was $12,139,000 compared to $11,893,000 for the same period in 2008. Loss before income tax was $852,000 compared to income before income tax of $1,241,000 for the same period in 2008. Net loss available to common shareholders was $764,000 compared to net income available to common shareholders of $801,000 for the same period in 2008.
First Capital Bancorp Inc. Reports Earnings Results for the First Quarter Ended March 31, 2009
04/23/2009
First Capital Bancorp Inc. reported earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported net income of $102,000 or $0.03 per diluted share on net interest income of $2,538,000 compared to $415,000 or $0.14 per diluted share on net interest income of $2,801,000 for the same period in 2008. Income before income tax was $154,000 compared to $643,000 for the same period in 2008. Return on average assets was 0.09% compared to 0.45% for the same period in 2008. Return on average equity was 1.18% compared to 4.76% for the same period in 2008.
FCVA Competitors
| Company | Last | Change |
| Annapolis Bancorp Inc | $3.00 USD | 0.00 |
| Bank of the James Financial Group Inc | $7.75 USD | 0.00 |
| Bay Banks Of Virginia Inc | $4.50 USD | 0.00 |
| Frederick County Bancorp Inc | $11.49 USD | 0.00 |
| Pinnacle Bankshares Corp | $7.50 USD | 0.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | FCVA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.6x |
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| Price/Book | 0.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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FCVA |
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FCVA transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About First Capital Bancorp, Inc. (VA)
More news for FCVA
FIRST CAPITAL BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a
Show all filings for FIRST CAPITAL BANCORP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for FIRST CAPITAL BANCORP, INC. 23-Jul-2009Results of Operations and Financial Condition, Financial Statements a Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informati...Click here to read the whole Article (external link)
FIRST CAPITAL BANCORP, INC. Files SEC form 10-Q, Quarterly Report
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The purpose of this discussion is to focus on important factors affecting the Company's financial condition and results of operations. The discussion and analysis should be read in conjunction with the unaudited Consolidated Financial Statements included elsewhere in this report. This report contains forward-looking statements with respect to the financial condition, results of operations and business of the Company. There forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of management of the Company and on information available at the time these statements and disclosures were prepared. Factors that may cause actual results to differ materially from those expected included the following: • General economic conditions may deteriorate and negatively impact the ability of borrowers to repay loans and depositors to maintain balances. • Changes in interest rates could reduce income. • Competitive pressures among financial institutions may increase. • The businesses that the Company is engaged in may be adversely affected by legislative or regulatory changes, including changes in accounting standards. • New products developed or new methods of delivering products could result in a reduction in business and income for the Company. • Adverse changes may occur in the securities market. OVERVIEW Continued volatility and uncertainty in the economic environment impacted first quarter 2009 results. Our results reflect the impact of this environment with large increases in federal funds sold, a decline in loan growth, continued large additions to the loan loss provision, an increase in OREO, lower interest income as a result of the rapid rate declines in 2008 and increases in deposits as we restructure our balance sheet and investors look for safe havens to invest the...Click here to read the whole Article (external link)
FIRST CAPITAL BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a
Show all filings for FIRST CAPITAL BANCORP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for FIRST CAPITAL BANCORP, INC. 23-Apr-2009Results of Operations and Financial Condition, Financial Statements a Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informati...Click here to read the whole Article (external link)
First Capital Bancorp, Inc. Reports Profits for the Third Quarter of 2009, Improved Credit Metrics and Continued Loan Loss Reserve Build
GLEN ALLEN, Va., Nov. 2 /PRNewswire-FirstCall/ -- First Capital Bancorp, Inc. (the "Company") (Nasdaq: FCVA - News; the bank holding company for First Capital Bank) announced today net income of $405 thousand or $.09 per diluted share for the three months ending September 30, 2009, this compared to a net loss of $463 thousand or ($.16) for the same period in 2008. For the nine months ended September 30, 2009 the company reported a net loss of $224 thousand which included $277 thousand of merger related costs and a one time FDIC special assessment of approximately $226 thousand. Absent those one time expenses the company would have had net profit of approximately $185 thousand in the nine month period even in light of a net increase of over $1.2 million to the Allowance for Loan Losses year to date. This compares to a net income of $338 thousand or $.11 per share for the same period in 2008. GAAP Net Loss Nine Months Ended September 30, 2009 $(224) Merger Cost net of income tax 260 FDIC Special Assessment net of income tax 149 ---- Net Income Non GAAP $185 ==== The company's loan portfolio continues to perform well. At September 30, 2009 the company had approximately $376 thousand of loans past due 30 - 89 days representing .095% of the total portfoli...Click here to read the whole Article (external link)
FIRST CAPITAL BANCORP, INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
FIRST CAPITAL BANCORP, INC. Files SEC form 10-Q, Quarterly Report
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The purpose of this discussion is to focus on important factors affecting the Company's financial condition and results of operations. The discussion and analysis should be read in conjunction with the unaudited Consolidated Financial Statements included elsewhere in this report. This report contains forward-looking statements with respect to the financial condition, results of operations and business of the Company. These forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of management of the Company and on information available at the time these statements and disclosures were prepared. Factors that may cause actual results to differ materially from those expected included the following: • General economic conditions may deteriorate and negatively impact the ability of borrowers to repay loans and depositors to maintain balances. • Changes in interest rates could reduce income. • Competitive pressures among financial institutions may increase. • The businesses that the Company is engaged in may be adversely affected by legislative or regulatory changes, including changes in accounting standards. • New products developed or new methods of delivering products could result in a reduction in business and income for the Company. • Adverse changes may occur in the securities market. OVERVIEW Continued volatility and uncertainty in the economic environment impacted second quarter 2009 results. Our results reflect the impact of this environment with large increases in average federal funds sold, a decline in loan growth, continued large additions to the loan loss provision, an increase in Other Real Estate Owned ("OREO") and OREO expenses, lower interest income as a result of the rapid rate declines in 2008 and increases in deposits as we restructure o...Click here to read the whole Article (external link)
FIRST CAPITAL BANCORP, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement, Other Events, Financi
Show all filings for FIRST CAPITAL BANCORP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for FIRST CAPITAL BANCORP, INC. 10-Nov-2009Termination of a Material Definitive Agreement, Other Events, Financi Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All info...Click here to read the whole Article (external link)
First Capital Bancorp, Inc. and Eastern Virginia Bankshares, Inc. Mutually Agree to Terminate Merger Agreement
GLEN ALLEN, Va., Nov. 9 /PRNewswire-FirstCall/ -- First Capital Bancorp, Inc. (the "Company") (Nasdaq: FCVA - News), the bank holding company for First Capital Bank, announced today the company and Eastern Virginia Bankshares, Inc. mutually agreed to terminate the definitive merger agreement signed April 3, 2009 due to the current regulatory environment. Shareholders from both companies had previously approved the transaction. In a joint statement, Joe Shearin, President and CEO of EVBS and John Presley, Managing Director and CEO of FCVA stated: "We believed on April 3rd, of this year that the combination of these two good banks to make a great bank was in the best interest our of customers, shareholders, employees and our communities. We still believe that today, however, the current regulatory and economic environment is such that obtaining regulatory approval has taken much longer than we ever anticipated and has reached a point, we believe, that continuing to wait for this approval is not in the best interest of either company."First Capital Bancorp recently reported financial results for the third quarter of 2009, in which the company reported profits of $405 thousand, improved credit metrics regarding its loan portfolio and a continuation of building reserves for loan losses. The company also reported strong capital ratios, total risk based capital was 14.26% at September 30, 2009 (well capitalized is considered 10%), tier one risk based capital was 12.52% and Tangible Common Equity of 6.93%.First Capital Bank...Click here to read the whole Article (external link)
FIRST CAPITAL BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a
Show all filings for FIRST CAPITAL BANCORP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for FIRST CAPITAL BANCORP, INC. 4-Nov-2009Results of Operations and Financial Condition, Financial Statements a Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informatio...Click here to read the whole Article (external link)
FIRST CAPITAL BANCORP, INC. Files SEC form 10-Q, Quarterly Report
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The purpose of this discussion is to focus on important factors affecting the Company's financial condition and results of operations. The discussion and analysis should be read in conjunction with the unaudited Consolidated Financial Statements included elsewhere in this report. This report contains forward-looking statements with respect to the financial condition, results of operations and business of the Company. These forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of management of the Company and on information available at the time these statements and disclosures were prepared. Factors that may cause actual results to differ materially from those expected included the following: • General economic conditions may deteriorate and negatively impact the ability of borrowers to repay loans and depositors to maintain balances. • Changes in interest rates could reduce income. • Competitive pressures among financial institutions may increase. • The businesses that the Company is engaged in may be adversely affected by legislative or regulatory changes, including changes in accounting standards. • New products developed or new methods of delivering products could result in a reduction in business and income for the Company. • Adverse changes may occur in the securities market. OVERVIEW Net income for the third quarter of 2009 was $405 thousand, or $0.08 per diluted share compared to a net loss of $463 thousand, or $0.16 per diluted share, in the third quarter of 2008. For the first nine months of 2009, the net loss was $224 thousand, or $0.19 per diluted share compared to net income year to date in 2008 of $338 thousand, or $0.11 per diluted share. During the quarter, the Company experienced improved credit metrics, increased net interest margin, increas...Click here to read the whole Article (external link)
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