Market Overview

FVCBankcorp, Inc. Completes Merger with Colombo Bank


FVCBankcorp, Inc. ("FVCB" or the "Company") (NASDAQ:FVCB), announced
that the acquisition of Colombo Bank ("Colombo"), through the merger of
Colombo with and into FVCbank, became effective on October 12, 2018,
after the close of business.

As a result of the merger, FVCbank has aggregate assets on a pro forma
basis as of June 30, 2018 of approximately $1.4 billion, net loans of
approximately $1.1 billion and deposits of approximately $1.2 billion.
FVCbank now has 11 full service branches in Northern Virginia,
Montgomery County, Maryland, Baltimore, Maryland and the District of
Columbia and one loan production office in Lutherville, Maryland.

Each share of Colombo common stock has been converted into 0.002217
shares of FVCB common stock and $0.053157 in cash, as a result of the
effectiveness of the merger, except that any beneficial owner of Colombo
common stock that is entitled to receive fewer than 100 shares of FVCB
common stock is entitled to elect to receive all cash consideration of
$0.096649 per share of Colombo common stock. As a result of the
acquisition, FVCB is issuing approximately 763,000 shares of FVCB common
stock. The aggregate value of the transaction, based on FVCB's closing
price on October 12, 2018 is approximately $33.3 million.

"We are extremely excited about our combination with Colombo Bank and
what this means for customers, shareholders and the community," said
David W. Pijor, Chairman and Chief Executive of FVCB and FVCbank. "We
are dedicated to providing our customers in our Maryland and Washington
D.C. markets with a high level of service, value added technology and
banking products, and a commitment to excellence. We welcome Morton
Bender to our Board, Gil Kennedy as our Regional President for
Washington D.C./Maryland and the team of Colombo professionals to our
combined company."

Mr. Bender stated, "I am proud to be joining FVCB's and FVCbank's boards
of directors and working to expand the combined bank's customer reach
within our larger branch footprint. I am very pleased to have combined
Colombo Bank in partnership with FVCB, a company committed to excellence
in the community banking model."

Mr. Kennedy said, "I am delighted to be joining FVCbank as an executive
officer and market president expanding on the great momentum our
colleagues at Colombo have achieved in recent years. I look forward to
working with FVCbank's exceptional people to continue to serve our
existing customers and develop new customers."

About FVCBankcorp, Inc.

FVCbank commenced operations in November 2007 and is the wholly-owned
subsidiary of FVCB. FVCbank is a $1.1 billion Virginia-chartered
community bank serving the banking needs of commercial businesses,
nonprofit organizations, professional service entities, 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 11 full-service offices in Arlington,
Ashburn, Fairfax, Manassas, Reston and Springfield, Virginia;
Washington, D.C.; and Baltimore, Bethesda, Rockville and Silver Spring,

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 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 management of FVCB as to the expected outcome of
future events, current and anticipated economic conditions, nationally
and in FVCB's markets, and their impact on the operations and assets of
FVCB, interest rates and interest rate policy, competitive factors, and
other conditions which by their nature, are not susceptible to accurate
forecast and are subject to significant uncertainty. 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 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, delays in integrating Colombo Bank's business or fully
realizing cost savings and other benefits of the merger, business
disruption following the merger with Colombo Bank, 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.

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