Market Overview

FVCBankcorp, Inc. and Colombo Bank Receive Remaining Regulatory Approvals


FVCBankcorp, Inc. ("FVCB") (OTCQX:FVCB), the holding company for
FVCbank, and Colombo Bank ("Colombo") (OTC:IFSB) jointly announced
today that the Virginia Bureau of Financial Institutions and the
Maryland Commissioner of Financial Regulation have approved the merger
of Colombo Bank with and into FVCbank (the "Merger"). The transaction,
which was announced May 3, 2018, remains subject to the approval of
Colombo's shareholders, as well as other closing conditions. Assuming
such conditions are satisfied, FVCB and Colombo expect to complete the
Merger during the fourth quarter of 2018. The Federal Reserve Bank of
Richmond, under delegated authority approved the Merger on July 26, 2018.

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About FVCBankcorp, Inc.

Celebrating 10 years of sound financial performance and continued
growth, FVCbank commenced operations in November 2007 and is the
wholly-owned subsidiary of FVCBankcorp, Inc. FVCbank is a $1.1 billion
asset Virginia-chartered community bank serving the banking needs of
commercial businesses, nonprofit organizations, professional service
entities, and their owners and employees located in the greater
Washington, D.C., metropolitan and Northern Virginia area. Locally owned
and managed, it is based in Fairfax, Virginia, and has six full-service
offices in Arlington, Ashburn, Fairfax, Manassas, Reston and
Springfield, Virginia.

About Colombo Bank

Colombo Bank, first known as Apicella Bank, opened in the summer of 1914
in the "Little Italy" area of Baltimore. Advocating the banking needs of
the community was and continues to be the foundation for which Colombo
has been built. Through a desire to grow and focus on its community
roots, the Bank grew from the small branch office in "Little Italy" by
adding four additional locations in Rockville, Bethesda, Silver Spring,
and the Shaw neighborhood of Washington, D.C. To sustain its operations,
which span over its broad and deep markets, the Bank's headquarters are
located in Rockville.

Forward-Looking Statements

Certain statements contained in this communication may not be based on
historical facts and are "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements may be identified by reference to a future
period(s) or by the use of forward-looking terminology, such as
"anticipate," "estimate," "expect," "foresee," "may," "might," "will,"
"would," "could," "believes," "plans," "potential," "continue,"
"should," or "intend," and similar words or phrases, future or
conditional verb tenses, and variations or negatives of such terms.
These forward-looking statements include, without limitation, those
relating to FVCB's and Colombo's future growth and management's outlook
or expectations for revenue, assets, asset quality, profitability,
business prospects, net interest margin, non-interest revenue, allowance
for loan losses, the level of credit losses from lending, liquidity
levels, capital levels, or other future financial or business
performance strategies or expectations.

Readers are cautioned not to place undue reliance on the forward-looking
statements contained in this document in that actual results could
differ materially from those indicated in such forward-looking
statements, due to a variety of factors. These statements are based upon
the beliefs of the respective managements of FVCB and Colombo as to the
expected outcome of future events, current and anticipated economic
conditions, nationally and in the parties' markets, and their impact on
the operations and assets of the parties, interest rates and interest
rate policy, competitive factors, judgments about the ability of the
parties to successfully consummate the merger and to integrate the
operations of the two companies, the expected growth opportunities or
cost savings resulting from the merger, which may not be fully realized
or take longer than expected to realize, the ability of the two
companies to avoid customer dislocation or runoff, and employee
attrition, during the period leading up to and following the merger, the
timing of and any conditions to required regulatory approvals, and other
conditions which by their nature, are not susceptible to accurate
forecast and are subject to significant uncertainty. FVCB factors that
could cause actual results to differ materially from forward-looking
statements or historical performance include, among others: changes in
FVCB's operating or expansion strategy, availability of and costs
associated with obtaining adequate and timely sources of liquidity, the
ability to maintain credit quality, possible adverse rulings, judgments,
settlements and other outcomes of pending litigation, the ability of
FVCB and Colombo to collect amounts due under loan agreements, changes
in consumer preferences, effectiveness of FVCB's interest rate risk
management strategies, laws and regulations affecting financial
institutions in general or relating to taxes, the effect of pending or
future legislation, the ability to obtain regulatory approvals and meet
other closing conditions to the merger, including approval by Colombo's
shareholders on the expected terms and schedule, delay in closing the
merger, difficulties and delays in integrating Colombo's business or
fully realizing cost savings and other benefits of the merger, business
disruption following the merger, changes in interest rates and capital
markets, inflation, customer acceptance of FVCB's products and services,
customer borrowing, repayment, investment and deposit practices,
customer disintermediation, the introduction, withdrawal, success and
timing of business initiatives, competitive conditions and other risk
factors. Any forward-looking statement speaks only as of the date of
this document, and we undertake no obligation to update these
forward-looking statements to reflect events or circumstances that occur
after the date of this document.

Annualized, pro forma, projected and estimated numbers are used for
illustrative purposes only, are not forecasts, and may not reflect
actual results.

Important Additional Information and Where to Find It

In connection with the proposed merger, FVCB will file with the
Securities and Exchange Commission (the "SEC") a registration statement
on Form S-4 to register the shares of FVCB Common Stock to be issued to
Colombo shareholders. The registration statement will include a combined
proxy statement/prospectus that will be sent to shareholders of Colombo
in connection with the meeting of Colombo shareholders at which approval
of the merger will be sought, as well as other relevant documents
concerning the proposed transaction. This communication does not
constitute an offer to sell or the solicitation of an offer to buy any
securities or a solicitation of any vote or approval, nor shall there be
any sale of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such jurisdiction.

A free copy of the proxy statement/prospectus, as well as other filings
containing information about FVCB and Colombo, may be obtained at the
SEC's Internet site (,
when they are filed by FVCB. You will also be able to obtain the
documents filed with the SEC, which will include the proxy
statement/prospectus, when it is filed by FVCB, free of charge, from
under the heading "Investor Relations." Certain information relating to
Colombo may also be found on Colombo's website at
under the heading "Investor Relations." Copies of the proxy
statement/prospectus can also be obtained, when it becomes available,
free of charge, by directing a request to FVCBankcorp, Inc., 11325
Random Hills Road; Suite 240, Fairfax, VA 22030, Attention: David W.
Pijor, Chairman and CEO, Telephone: (703) 436-3800; or to Colombo Bank,
1600 East Gude Drive, Rockville, MD 20850, Attention: Gilbert F. Kennedy
III, President and CEO Telephone: (240) 268-2265.

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