MNSB on Nasdaq
MainStreet Bancshares, Inc.
American state commercial bank that raised $43.8 million in 2022 (SEC Form D)2
In its 2026 annual report the company says: “MainStreet Bancshares, Inc. is a financial holding company that owns 100% of MainStreet Bank and MainStreet Community Capital, LLC. The Company elected financial holding company status in order to engage in a broader range of financial activities than are permitted for bank holding companies generally.”5 It is headquartered in Fairfax, United States.2 Its shares trade on Nasdaq under the symbol MNSB.2
Price unavailable
Last updated Oct 21, 2026.
Overview
Compare with CoastalSouth Bancshares, Inc., Guaranty Federal Bancshares or FVCBankcorp, Inc., or pick any stock.
- TickerMNSB on Nasdaq2
- IndustryState Commercial Banks2
- HeadquartersFairfax, United States2
- Incorporated inVA3
- Business address10089 Fairfax Boulevard, Fairfax, Va 220303
- Filer categoryAccelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI549300FHZZP7SP56TS882
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O Jeff W Dick, 22030 Fairfax, United States2
- Registered withState Corporation Commission, 080130132
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As used herein, the “Company,” “we,” “our,” and “us” refer to MainStreet Bancshares, Inc., and the “Bank” refers to MainStreet Bank.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
3368.7%Gross margin6
714.9%Net margin6
9.4%Revenue growth, 20256
7.1%Return on equity6
$10.6MFree cash flow6
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Core Banking brought in 72% of the revenue MainStreet Bancshares, Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Core Banking | $1.4M | $1.3M | $1.3M | $1.6M |
| Financial Technology | $1.0M | $868.0K | $698.0K | $621.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin5¢$996.0K
- Income tax17¢$3.5M
- Profit78¢$15.6M
Out of $2.2M in revenue.6
Where each dollar of operating cash went, fiscal 2025
- Capital spending28¢$4.2M
- Dividends paid21¢$3.0M
- Share buybacks29¢$4.3M
- Kept or used elsewhere22¢$3.3M
Out of $14.8M of cash from operations.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest and fees on loans | $124.2M | $125.2M | $116.5M |
| U.S. government agencies and corporations | $134.0K | $151.0K | $0 |
| Mortgage-backed securities | $341.0K | $374.0K | $395.0K |
| Other | $985.0K | $912.0K | $1.2M |
| Interest on interest-bearing deposits at other financial institutions | $54.0K | $41.0K | $61.0K |
| Interest on federal funds sold | $4.5M | $6.6M | $5.0M |
| Total Interest Income | $131.6M | $134.6M | $124.4M |
| Interest on interest-bearing demand deposits | $4.2M | $8.7M | $1.8M |
| Interest on savings and NOW deposits | $1.5M | $754.0K | $546.0K |
| Interest on money market deposits | $18.9M | $21.4M | $13.6M |
| Interest on time deposits | $34.2M | $37.4M | $26.9M |
| Interest on federal funds purchased | $93.0K | $575.0K | $299.0K |
| Interest on Federal Home Loan Bank advances | $0 | $46.0K | $1.2M |
| Interest on subordinated debt | $3.2M | $3.3M | $3.3M |
| Total Interest Expense | $62.0M | $72.0M | $47.7M |
| Net Interest Income | $69.5M | $62.6M | $76.7M |
| Provision For Credit Losses - Loans | -$118.0K | $7.5M | $1.9M |
| Provision For Credit Losses - Off-Balance Sheet Credit Exposure | $48.0K | -$722.0K | -$301.0K |
| Net Interest Income After Provision For Credit Losses | $69.6M | $55.8M | $75.1M |
| Deposit account service charges | $2.2M | $2.0M | $2.1M |
| Bank owned life insurance income | $1.2M | $1.2M | $1.1M |
| Gain on retirement of subordinated debt | $273.0K | $0 | $0 |
| Net loss on securities called or matured | $0 | -$48.0K | $0 |
| Gain on equity securities | $103.0K | $0 | $0 |
| Other fee income | $222.0K | $115.0K | $122.0K |
| Total Non-Interest Income | $4.0M | $3.3M | $3.3M |
| Salaries and employee benefits | $31.6M | $30.5M | $28.3M |
| Furniture and equipment expenses | $3.8M | $3.6M | $2.8M |
| Advertising and marketing | $2.1M | $2.2M | $2.3M |
| Occupancy expenses | $1.4M | $1.6M | $1.7M |
| Outside services | $3.8M | $3.6M | $2.0M |
| Franchise tax | $2.1M | $2.2M | $1.8M |
| FDIC insurance | $2.1M | $1.3M | $1.1M |
| Data processing | $1.5M | $1.4M | $1.3M |
| Administrative expenses | $996.0K | $929.0K | $922.0K |
| Other operating expenses | $5.2M | $5.8M | $3.3M |
| Total Non-Interest Expense | $54.6M | $73.0M | $45.6M |
| Income (Loss) Before Income Taxes | $19.1M | -$13.9M | $32.8M |
| Income Tax Expense (Benefit) | $3.5M | -$3.9M | $6.2M |
| Net Income (Loss) | $15.6M | -$10.0M | $26.6M |
| Preferred Stock Dividends | $2.2M | $2.2M | $2.2M |
| Net Income (Loss) Available To Common Shareholders | $13.5M | -$12.1M | $24.4M |
| Basic (in dollars per share) | $1.76 | -$1.60 | $3.25 |
| Diluted (in dollars per share) | $1.76 | -$1.60 | $3.25 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 6 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-09-30 |
|---|---|---|---|---|---|
| Cash and due from banks | $25.2M | $21.4M | |||
| Interest-bearing deposits at other financial institutions | $1.3M | $1.7M | |||
| Federal funds sold | $136.3M | $184.6M | |||
| Cash and cash equivalents | $162.8M | $207.7M | |||
| Investment securities available-for-sale (AFS), at fair value | $58.0M | $55.7M | |||
| Investment securities held-to-maturity (HTM), at amortized cost, net of allowance for credit losses of $0 and $0, respectively | $13.8M | $16.1M | |||
| Restricted securities, at amortized cost | $7.0M | $6.9M | |||
| Loans, net of allowance for credit losses of $19,308 and $19,450, respectively | $1.8B | $1.8B | |||
| Premises and equipment, net | $13.5M | $13.3M | |||
| Property held for sale, at fair value | $2.8M | $0 | |||
| Other real estate owned, net | $1.7M | $0 | $0 | ||
| Accrued interest and other receivables | $14.5M | $11.3M | |||
| Bank owned life insurance | $40.8M | $39.5M | |||
| Other Assets | $56.0M | $67.0M | |||
| Total Assets | $2.2B | $2.2B | $2.0B | ||
| Non-interest bearing deposits | $378.7M | $324.3M | |||
| Interest-bearing demand deposits | $119.4M | $139.8M | |||
| Savings and NOW deposits | $121.9M | $64.3M | |||
| Money market deposits | $499.3M | $560.1M | |||
| Time deposits | $779.8M | $819.3M | |||
| Total deposits | $1.9B | $1.9B | |||
| Subordinated debt, net | $69.9M | $73.0M | |||
| Allowance for credit losses on off-balance sheet credit exposure | $335.0K | $287.0K | $1.0M | $0 | |
| Other Liabilities | $24.6M | $39.0M | |||
| Total Liabilities | $2.0B | $2.0B | |||
| Preferred stock, $1.00 par value, 2,000,000 shares authorized non-cumulative perpetual; 28,750 issued and outstanding as of December 31, 2025 and December 31, 2024 | $27.3M | $27.3M | |||
| Common stock, $4.00 par value, 15,000,000 shares authorized; issued and outstanding 7,496,571 shares (including 244,964 non-vested shares) for December 31, 2025 and 7,603,765 shares (including 237,717 non-vested shares) for December 31, 2024 | $29.0M | $29.5M | |||
| Capital surplus | $66.5M | $67.8M | |||
| Retained earnings | $101.6M | $91.2M | |||
| Accumulated other comprehensive loss | -$5.8M | -$7.7M | |||
| Total Stockholders Equity | $218.6M | $208.0M | $221.5M | $198.3M | |
| Total Liabilities and Stockholders Equity | $2.2B | $2.2B | |||
| HTM, allowance for credit loss | $0 | $0 | |||
| Allowance for credit loss | $19.3M | $19.4M | $16.5M | $14.1M | |
| Preferred stock, par value (in dollars per share) | $1.00 | $1.00 | $1.00 | ||
| Preferred stock, shares authorized (in shares) | 2.0M shares | 2.0M shares | 2.0M shares | ||
| Preferred stock, shares issued (in shares) | 28.8K shares | 28.8K shares | |||
| Preferred stock, shares outstanding (in shares) | 28.8K shares | 28.8K shares | |||
| Common stock, par value (in dollars per share) | $4.00 | $4.00 | $4.00 | ||
| Common stock, shares authorized (in shares) | 15.0M shares | 15.0M shares | 15.0M shares | ||
| Common stock, shares outstanding (in shares) | 7.5M shares | 7.6M shares | |||
| Common stock, shares issued (in shares) | 7.5M shares | 7.6M shares | |||
| Common stock, shares nonvested (in shares) | 245.0K shares | 237.7K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-09-30 | 2020-08-31 |
|---|---|---|---|---|---|---|
| Cash and due from banks | $25.2M | $21.4M | ||||
| Interest-bearing deposits at other financial institutions | $1.3M | $1.7M | ||||
| Federal funds sold | $136.3M | $184.6M | ||||
| Cash and cash equivalents | $162.8M | $207.7M | ||||
| Investment securities available-for-sale (AFS), at fair value | $58.0M | $55.7M | ||||
| Investment securities held-to-maturity (HTM), at amortized cost, net of allowance for credit losses of $0 and $0, respectively | $13.8M | $16.1M | ||||
| Restricted securities, at amortized cost | $7.0M | $6.9M | ||||
| Loans, net of allowance for credit losses of $19,308 and $19,450, respectively | $1.8B | $1.8B | ||||
| Premises and equipment, net | $13.5M | $13.3M | ||||
| Property held for sale, at fair value | $2.8M | $0 | ||||
| Other real estate owned, net | $1.7M | $0 | $0 | |||
| Accrued interest and other receivables | $14.5M | $11.3M | ||||
| Bank owned life insurance | $40.8M | $39.5M | ||||
| Other Assets | $56.0M | $67.0M | ||||
| Total Assets | $2.2B | $2.2B | $2.0B | |||
| Non-interest bearing deposits | $378.7M | $324.3M | ||||
| Interest-bearing demand deposits | $119.4M | $139.8M | ||||
| Savings and NOW deposits | $121.9M | $64.3M | ||||
| Money market deposits | $499.3M | $560.1M | ||||
| Time deposits | $779.8M | $819.3M | ||||
| Total deposits | $1.9B | $1.9B | ||||
| Subordinated debt, net | $69.9M | $73.0M | ||||
| Allowance for credit losses on off-balance sheet credit exposure | $335.0K | $287.0K | $1.0M | $0 | ||
| Other Liabilities | $24.6M | $39.0M | ||||
| Total Liabilities | $2.0B | $2.0B | ||||
| Preferred stock, $1.00 par value, 2,000,000 shares authorized non-cumulative perpetual; 28,750 issued and outstanding as of December 31, 2025 and December 31, 2024 | $27.3M | $27.3M | ||||
| Common stock, $4.00 par value, 15,000,000 shares authorized; issued and outstanding 7,496,571 shares (including 244,964 non-vested shares) for December 31, 2025 and 7,603,765 shares (including 237,717 non-vested shares) for December 31, 2024 | $29.0M | $29.5M | ||||
| Capital surplus | $66.5M | $67.8M | ||||
| Retained earnings | $101.6M | $91.2M | ||||
| Accumulated other comprehensive loss | -$5.8M | -$7.7M | ||||
| Total Stockholders Equity | $218.6M | $208.0M | $221.5M | $198.3M | ||
| Total Liabilities and Stockholders Equity | $2.2B | $2.2B | ||||
| HTM, allowance for credit loss | $0 | $0 | ||||
| Allowance for credit loss | $19.3M | $19.4M | $16.5M | $14.1M | ||
| Preferred stock, par value (in dollars per share) | $1.00 | $1.00 | $1.00 | $1.00 | ||
| Preferred stock, shares authorized (in shares) | 2.0M shares | 2.0M shares | 2.0M shares | |||
| Preferred stock, shares issued (in shares) | 28.8K shares | 28.8K shares | ||||
| Preferred stock, shares outstanding (in shares) | 28.8K shares | 28.8K shares | ||||
| Common stock, par value (in dollars per share) | $4.00 | $4.00 | $4.00 | |||
| Common stock, shares authorized (in shares) | 15.0M shares | 15.0M shares | 15.0M shares | |||
| Common stock, shares outstanding (in shares) | 7.5M shares | 7.6M shares | ||||
| Common stock, shares issued (in shares) | 7.5M shares | 7.6M shares | ||||
| Common stock, shares nonvested (in shares) | 245.0K shares | 237.7K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $15.6M | -$10.0M | $26.6M |
| Depreciation, amortization, and accretion, net | $4.4M | $3.7M | $2.3M |
| Amortization of right-of-use assets | $544.0K | $504.0K | $477.0K |
| Amortization of intangible assets | $0 | $447.0K | $0 |
| Deferred income tax benefit | -$642.0K | -$4.5M | -$191.0K |
| Gain on retirement of subordinated debt | -$273.0K | $0 | $0 |
| Loss on New Market Tax Credit investment operations | $0 | $0 | $251.0K |
| Gain on disposal of premises and equipment | -$53.0K | -$99.0K | -$129.0K |
| Realized loss on securities called or matured | $0 | $48.0K | $0 |
| Provision for credit losses, net | -$70.0K | $6.8M | $1.6M |
| Stock based compensation expense | $2.6M | $2.8M | $2.5M |
| Income from bank owned life insurance | -$1.2M | -$1.2M | -$1.1M |
| Subordinated debt amortization expense | $397.0K | $397.0K | $397.0K |
| Accrued interest receivable and other receivables | -$3.2M | $1.1M | -$2.8M |
| Other assets | $11.1M | -$4.8M | $4.9M |
| Other liabilities | -$14.4M | -$150.0K | -$3.2M |
| Net cash provided by operating activities | $14.8M | $14.7M | $31.6M |
| Payments, available-for-sale securities | $2.9M | $2.5M | $3.7M |
| Maturities, sales, called, refunded | $1.5M | $1.4M | $0 |
| Purchases, available-for-sale securities | -$4.4M | -$445.0K | $0 |
| Purchases | -$1.5M | -$400.0K | $0 |
| Maturities, called, refunded | $3.7M | $1.5M | $265.0K |
| Purchases of equity securities | -$3.5M | -$8.2M | -$4.2M |
| Purchases of restricted investment in bank stock | -$132.0K | -$1.6M | -$7.1M |
| Redemption of restricted investment in bank stock | $0 | $1.4M | $10.4M |
| Net increase in loan portfolio | -$40.5M | -$142.5M | -$128.0M |
| Proceeds from sale of loans | $7.7M | $29.6M | $0 |
| Proceeds from sale of premises and equipment | $53.0K | $195.0K | $129.0K |
| Purchase of premises and equipment, including property held for sale | -$4.2M | -$909.0K | -$497.0K |
| Computer software developed | $0 | -$4.9M | -$5.5M |
| Net cash used in investing activities | -$38.4M | -$122.3M | -$130.7M |
| Net increase (decrease) in non-interest-bearing deposits | $54.4M | -$40.3M | -$186.1M |
| Net increase (decrease) in interest-bearing demand, savings, NOW, money market and time deposits | -$63.0M | $262.0M | $359.3M |
| Net decrease in Federal Home Loan Bank advances | $0 | $0 | -$100.0M |
| Net increase (decrease) in federal funds purchased | $0 | -$15.0M | $15.0M |
| Net decrease in subordinated debt | -$3.2M | $0 | $0 |
| Repurchase of common stock | -$4.3M | -$732.0K | -$43.0K |
| Cash dividends paid on preferred stock | -$2.2M | -$2.2M | -$2.2M |
| Cash dividends paid on common stock | -$3.0M | -$3.0M | -$3.0M |
| Net cash (used in) provided by financing activities | -$21.4M | $200.7M | $83.0M |
| Increase (Decrease) in Cash and Cash Equivalents, net | -$45.0M | $93.2M | -$16.1M |
| Cash paid during the period for interest | $62.2M | $70.9M | $45.5M |
| Cash paid during the period for income taxes, see Note 11 | $168.0K | $1.3M | $7.3M |
| Transfers from loans to other real estate owned | $1.7M | $0 | $0 |
| Net unrealized gain (loss) on securities available-for-sale | $2.5M | -$277.0K | $1.4M |
No quarter-by-quarter statement was filed.
Corporate structure
MainStreet Bancshares, Inc. sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of MainStreet Bancshares, Inc.
- AllianceBernstein Filed SCHEDULE 13G/A on MainStreet Bancshares, Inc., latest Aug 14, 2026 (5 filings since Feb 14, 2023)
- Fourthstone LLC Filed SCHEDULE 13G/A on MainStreet Bancshares, Inc., latest Aug 14, 2026 (4 filings since Nov 14, 2025)
- BlackRock Filed SCHEDULE 13G on MainStreet Bancshares, Inc., latest Jul 29, 2026 (3 filings since Jan 31, 2024)
- MainStreet Bank 401(k) Retirement Plan Filed SCHEDULE 13G on MainStreet Bancshares, Inc., latest Feb 24, 2026
- BANC FUNDS CO LLC Filed SCHEDULE 13G/A on MainStreet Bancshares, Inc., latest Feb 13, 2026 (5 filings since Feb 8, 2022)
- Wellington Management Company Filed SCHEDULE 13G/A on MainStreet Bancshares, Inc., latest Feb 10, 2026 (3 filings since Feb 8, 2024)
- EJF Capital LP Filed SC 13G/A on MainStreet Bancshares, Inc., latest Feb 14, 2023 (2 filings since Feb 11, 2022)
- MainStreet Bancshares, Inc. Fairfax, Virginia, United States
- MainStreet Bank Subsidiary · Fairfax, Virginia, United States
- MainStreet Community Capital, LLC Subsidiary · Virginia, United States
- ORE Holding LLC Subsidiary · the District of Columbia, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What MainStreet Bancshares, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $25.1M6 Dec 31, 2025 | $23.8M6 Dec 31, 2024 | +5.2% |
| Accumulated depreciation | $11.5M6 Dec 31, 2025 | $10.5M6 Dec 31, 2024 | +9.5% |
| Property and equipment, net | $13.5M6 Dec 31, 2025 | $13.3M6 Dec 31, 2024 | +1.8% |
| Operating-lease assets (leased space) | $5.2M6 Dec 31, 2025 | $5.8M6 Dec 31, 2024 | −9.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Debt securities available for sale | $55.7M14 Dec 31, 2024 | $59.9M14 Dec 31, 2023 | −7.0% |
| Debt securities held to maturity | $16.1M14 Dec 31, 2024 | $17.3M14 Dec 31, 2023 | −6.9% |
| Loans, net of allowance | $1.8B6 Dec 31, 2025 | $1.8B6 Dec 31, 2024 | +1.7% |
| Deposits held (banks) | $1.9B6 Dec 31, 2025 | $1.9B6 Dec 31, 2024 | −0.5% |
Properties, in its own words
As of December 31, 2025, the net book value of our office properties was $11.7 million, and the net book value of our furniture, fixtures and equipment was $1.5 million. The following table sets forth information regarding our offices.
Net Book Value
The rest of Item 2
Leased or · Year Acquired · of Real
Location · Owned · or Leased · Property
Headquarters:
10089 Fairfax Blvd.
Fairfax, VA 22030 · Owned · 2010 · $6,839
Other Properties:
Herndon Branch
727 Elden Street · Leased · 2004 · —
Herndon, VA 20170
Operations Center
22980 Shaw Road · Leased · 2021 · —
Sterling, VA, 20166
Middleburg Branch
10 N. Pendleton Street · Owned · 2025 · 1,067
Middleburg, VA 20117
McLean Branch
1354 Old Chain Bridge Road · Owned · 2014 · 1,206
McLean, VA 22101
Clarendon Branch
1000 N. Highland Street · Owned · 2009 · 427
Arlington, VA 22201
Leesburg Branch
307 E. Market Street · Owned · 2017 · 2,134
Leesburg, VA 20176
Washington D.C. Branch
1130 Connecticut Avenue, N.W. · Leased · 2019 · —
Washington , D.C. 20036
We believe that current facilities are adequate to meet our present and foreseeable needs, subject to possible future expansion. See Note 7 of Notes to the December 31, 2025, Consolidated Financial Statements, for additional disclosures related to the Company’s properties.
Item 2 of the 10-K filed Mar 13, 2026.5
Leadership
Who has led MainStreet Bancshares, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
20202025
- Chief executive officerJeff W. Dick Feb 6, 2020 to now15
- ChairJeff W. Dick Feb 6, 2020 to now15
- PresidentTodd Youngren Feb 22, 2024 to Feb 22, 202416
- PresidentJeff W. Dick Sep 12, 2022 to Feb 22, 202417
- PresidentAbdulhamid Hersiburane Jul 23, 2020 to Sep 12, 202218
- PresidentCharles C. Brockett Apr 29, 2019 to Jan 26, 202219
- Chief financial officerRichard Alexander Vari Jan 9, 2026 to now20
- Chief financial officerThomas J. Chmelik Feb 6, 2020 to Jan 9, 202621
Board members and other officers (17)
- EVP, DirectorTodd Youngren Feb 2, 2026 to now22
- Chief Risk OfficerMichael B. Baboval Apr 5, 2024 to now23
- SVPWilliam Freesmeier Apr 5, 2024 to now24
- OfficerJeff W. Dick Apr 29, 2019 to Apr 29, 201925
- OfficerThomas J. Chmelik Apr 29, 2019 to now26
- Chief Accounting OfficerRichard Alexander Vari Sep 20, 2019 to now27
- Board memberAbdulhamid Hersiburane Jul 27, 2022 to Jan 30, 202328
- Board memberRafael E. Deleon Jul 29, 2021 to now29
- Board memberCharles C. Brockett Apr 29, 2019 to now19
- Board memberDarrell Green Apr 29, 2019 to now30
- Board memberElizabeth S. Bennett Apr 29, 2019 to Jul 21, 202331
- Board memberJeff W. Dick Apr 29, 2019 to Apr 29, 201925
- Board memberPatsy I. Rust Apr 29, 2019 to now32
- Board memberPaul Thomas Haddock Apr 29, 2019 to Apr 17, 202033
- Board memberRussell Echlov Apr 29, 2019 to now34
- Board memberTerry M. Saeger Apr 29, 2019 to Jan 25, 202335
- Board memberThomas J. Chmelik Apr 29, 2019 to now26
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorThomas Haddock named Mar 15, 202236
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- MainStreet Bank Virginia4
- MainStreet Community Capital, LLC Virginia4
- ORE Holding LLC District of Columbia4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 21, 20268-K Other events37
- Jul 21, 20268-K Other events38
- Jul 20, 20268-K Results of operations; Regulation FD disclosure39
- Jul 6, 20268-K Regulation FD disclosure40
- May 26, 20268-K Other events41
- May 22, 20268-K Shareholder vote; Other events42
- Apr 24, 20268-K Other events43
- Apr 21, 20268-K Other events44
- Apr 20, 20268-K Results of operations; Regulation FD disclosure45
- Apr 13, 20268-K Other events46
- Apr 6, 20268-K Regulation FD disclosure47
- Mar 25, 20268-K Regulation FD disclosure48
- Feb 6, 2020New chief executive Jeff W. Dick becomes CEO15
- Feb 16, 2016Founded MainStreet Bancshares, Inc. is founded2
Calendar
Coming up
- Oct 26, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.52 a share, on Oct 27, 2025.49
When it reported results
- Jul 20, 2026Reported quarterly or annual results39
- Apr 20, 2026Reported quarterly or annual results45
- Jan 26, 2026Reported quarterly or annual results50
- Oct 27, 2025Reported quarterly or annual results51
- Jul 22, 2025Reported quarterly or annual results52
- Apr 21, 2025Reported quarterly or annual results53
- Jan 27, 2025Reported quarterly or annual results54
- Oct 28, 2024Reported quarterly or annual results55
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
358 filings to the SEC since October 2021: 8 annual reports, 15 quarterly reports, 112 major events, 162 insider forms, 23 large holders, 1 private raises, 37 other. The latest 20:
- Oct 2, 20264 WENDY ADELER HALL Q3 2026 EDGAR
- Oct 2, 20264 MORGAN HIGGENS Q3 2026 EDGAR
- Aug 21, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 7, 202610-Q EDGAR
- Jul 29, 2026SCHEDULE 13G EDGAR
- Jul 21, 20268-K EDGAR
- Jul 20, 20268-K EDGAR
- Jul 6, 20268-K EDGAR
- Jul 2, 20264 FORM 4 DARRELL GREEN EDGAR
- Jul 2, 20264 FORM 4 RAFAEL DELEON EDGAR
- Jul 2, 20264 FORM 4 WENDY ADELER HALL EDGAR
- Jul 2, 20264 FORM 4 MORGAN HIGGENS EDGAR
- Jun 18, 202611-K EDGAR
- Jun 10, 2026EFFECT EDGAR
- Jun 10, 2026EFFECT EDGAR
- Jun 8, 2026CORRESP EDGAR
- Jun 4, 20264 FORM 4 06-04-2026 EDGAR
- Jun 3, 2026S-3/A EDGAR
The 358 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
67 open-market trades by officers, directors and large owners since October 2021: 61 buys and 6 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 4, 2026 | Vari Richard AlexanderChief Financial Officer | Sale | 4,500 | $23.20 | $104.4K | Form 4 |
| Dec 31, 2025 | ECHLOV RUSSELLDirector | Buy | 22 | $18.93 | $416 | Form 4 |
| Dec 9, 2025 | CHMELIK THOMAS JSenior EVP | Sale | 7,238 | $20.09 | $145.4K | Form 4 |
| Dec 8, 2025 | CHMELIK THOMAS JSenior EVP | Sale | 23,577 | $19.93 | $469.9K | Form 4 |
| Dec 3, 2025 | CHMELIK THOMAS JSenior EVP | Sale | 9,771 | $19.82 | $193.7K | Form 4 |
| Nov 24, 2025 | Brockett Charles C.Director | Buy | 742 | $19.02 | $14.1K | Form 4 |
| Nov 24, 2025 | DICK JEFF WChairman, President and CEO | Buy | 106 | $18.99 | $2.0K | Form 4 |
| Sep 8, 2025 | DICK JEFF WChairman, President and CEO | Buy | 176 | $22.15 | $3.9K | Form 4 |
| May 29, 2025 | Brockett Charles C.Director | Buy | 120 | $19.12 | $2.3K | Form 4 |
| Feb 21, 2025 | DICK JEFF WChairman, President and CEO | Buy | 118 | $16.46 | $1.9K | Form 4 |
| Dec 12, 2024 | RUST PATSY IDirector | Buy | 200 | $20.63 | $4.1K | Form 4 |
| Dec 12, 2024 | Manouchehri Ali R | Buy | 5,000 | $20.69 | $103.5K | Form 4 |
| Dec 11, 2024 | ECHLOV RUSSELLDirector | Buy | 18 | $19.50 | $351 | Form 4 |
| Dec 11, 2024 | ECHLOV RUSSELLDirector | Buy | 150 | $19.48 | $2.9K | Form 4 |
| Dec 5, 2024 | DICK JEFF WChairman, President and CEO | Buy | 103 | $18.85 | $1.9K | Form 4 |
| Nov 25, 2024 | Brockett Charles C.Director | Buy | 300 | $18.81 | $5.6K | Form 4 |
| Nov 21, 2024 | Brockett Charles C.Director | Buy | 370 | $18.24 | $6.7K | Form 4 |
| Nov 21, 2024 | Baboval Michael BChief Risk Officer | Sale | 2,892 | $18.25 | $52.8K | Form 4 |
| Aug 29, 2024 | DICK JEFF WChairman, President and CEO | Buy | 113 | $16.99 | $1.9K | Form 4 |
| Aug 16, 2024 | DICK JEFF WChairman, President and CEO | Buy | 698 | $17.40 | $12.1K | Form 4 |
All 67 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- AllianceBernsteinSCHEDULE 13G/A, 5 filings Feb 14, 2023 to Aug 14, 202656
- Fourthstone LLCSCHEDULE 13G/A, 4 filings Nov 14, 2025 to Aug 14, 202657
- BlackRockSCHEDULE 13G, 3 filings Jan 31, 2024 to Jul 29, 202658
- MainStreet Bank 401(k) Retirement PlanSCHEDULE 13G, 1 filing Feb 24, 202659
- BANC FUNDS CO LLCSCHEDULE 13G/A, 5 filings Feb 8, 2022 to Feb 13, 202660
- Wellington Management CompanySCHEDULE 13G/A, 3 filings Feb 8, 2024 to Feb 10, 202661
- EJF Capital LPSC 13G/A, 2 filings Feb 11, 2022 to Feb 14, 202362
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Richard A. VariExecutive Vice President & Chief Financial Officer of MainStreet Bank | $264.0K | $445.2K63 |
Money raised
Private offerings the company reported to the SEC on Form D.
- Mar 1, 2022Raised $43.8 million in a private offering of debt Form D: 28 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 96. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Banc Funds Co LLC | 545,679 | $13.5M | 2.2% | +14,738 |
| BlackRock, Inc. | 404,037 | $10.0M | 0.0% | +56,429 |
| Alliancebernstein L.P. | 418,393 | $9.3M | 0.0% | −136,330 |
| Wellington Management Group Llp | 336,961 | $8.3M | 0.0% | −15,745 |
| Vanguard Capital Management LLC | 262,466 | $6.5M | 0.0% | −39,021 |
| Dimensional Fund Advisors LP | 205,014 | $5.1M | 0.0% | +38,381 |
| First Manhattan Co. Llc. | 161,731 | $4.0M | 0.0% | −26,377 |
| Geode Capital Management, LLC | 152,196 | $3.8M | 0.0% | +5,028 |
| Marshall Wace, Llp | 120,194 | $3.0M | 0.0% | +13,969 |
| State Street Corp | 109,465 | $2.7M | 0.0% | +9,254 |
| American Century Companies Inc | 101,604 | $2.5M | 0.0% | +49,060 |
| Bridgeway Capital Management, LLC | 66,551 | $1.6M | 0.0% | +2,775 |
| Cresset Asset Management, LLC | 59,040 | $1.5M | 0.0% | −12,960 |
| Citadel Advisors LLC | 58,344 | $1.4M | 0.0% | +34,826 |
| Northern Trust Corp | 48,150 | $1.2M | 0.0% | +1,215 |
| Fourthstone LLC | 47,432 | $1.2M | 0.8% | −337,370 |
| Vanguard Portfolio Management LLC | 42,813 | $1.1M | 0.0% | +3,152 |
| Trexquant Investment LP | 39,525 | $975.9K | 0.0% | +22,486 |
| Vanguard Fiduciary Trust Co | 39,018 | $963.4K | 0.0% | +67 |
| Squarepoint Ops LLC | 37,233 | $919.3K | 0.0% | −13,641 |
| Empowered Funds, LLC | 37,171 | $917.8K | 0.0% | +2,775 |
| UBS Group AG | 33,102 | $817.3K | 0.0% | −80,076 |
| Connor, Clark & Lunn Investment Management Ltd. | 30,385 | $750.2K | 0.0% | −2,671 |
| Aqr Capital Management LLC | 29,408 | $726.1K | 0.0% | New |
| Strs Ohio | 26,100 | $644.4K | 0.0% | +25,600 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How MainStreet Bancshares, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARMainStreet Bancshares, Inc.1
- CIK0001693577
- Employer ID (EIN)81-28710645
- Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inVirginia5
- Fiscal year endsDecember 311
- Industry code (SIC)6022 State Commercial Banks1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address10089 Fairfax Boulevard, Fairfax, VA 220301
- Phone(703) 481-45671
- Shares outstanding7,121,076 as of Jul 31, 202612
- Public float$145.6M as of Jun 30, 20255
- AuditorYount, Hyde & Barbour, P.C., Winchester, Virginia, USA PCAOB ID 613; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceJan 11, 20171
- Filings501 in all: 4 (192), 8-K (143), 10-Q (23), 3 (18), SC 13G/A (12), 5 (9), DEF 14A (8), SCHEDULE 13G/A (8)1
All 36 form types
10-K (7), 11-K (7), CORRESP (7), SC 13G (7), UPLOAD (7), D (5), EFFECT (5), ARS (4), S-8 (4), 10-K/A (3), 4/A (3), S-3 (3), S-3/A (3), SCHEDULE 13G (3), 144 (2), 3/A (2), 424B5 (2), 8-K/A (2), CERT (2), POS AM (2), 10-12B (1), 10-12B/A (1), 10-Q/A (1), 11-K/A (1), 8-A12B (1), FWP (1), PRE 14A (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Mar 13, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Apr 17, 2026
Latest 8-K (8-K) Aug 21, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock | MNSB | Nasdaq |
| Depositary Shares (each representing a 1/40th interest in a share of 7.50% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock) | MNSBP | Nasdaq |
From the cover page of the 10-K filed Mar 13, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks MainStreet Bancshares, Inc. names in Item 1A of its 10-K filed Mar 13, 2026: 45 risks under these headings, as written.5
- Risks Related to Our Business
- Our business, like that of most banking organizations, is highly susceptible to credit risk.
- We have exposure to risks associated with commercial and residential real estate.
- Commercial and industrial loans may expose us to greater financial and credit risk than other loans.
- The small-to-midsized businesses that we lend to may have fewer resources to weather adverse business developments, which may impair a borrower’s ability to repay a loan, and such impairment could have a material adverse effect on our business, financial condition and results of operations.
- The borrowing needs of our customers may increase, especially during a challenging economic environment, which could result in increased borrowing against our contractual obligations to extend credit.
- Our allowance for credit losses may not be adequate to cover actual future losses.
- We may be required to increase our provisions for credit losses and to charge off loans in the future; increases in provision and charge offs could materially adversely affect us.
- Our credit standards and judgments and our ongoing process of credit assessment might not protect us from significant credit losses.
- Our stress tests may not accurately predict our financial condition.
- We are subject to environmental liability risk associated with our lending activities.
- Climate change could have a material negative impact on us.
The other 34 risks
- Changes in interest rates may negatively affect our earnings, income and financial condition as well as the value of our assets.
- Liquidity risk could impair our ability to fund operations, meet our obligations as they become due, and jeopardize our financial condition.
- New lines of business, products, product enhancements, or services may subject us to additional risks.
- We face risks related to our operational, technological, and organizational infrastructure.
- A failure or a breach of our operational systems or infrastructure, or those of third party service providers, could disrupt our business, result in the unauthorized disclosure of confidential or proprietary information, damage our reputation, and cause financial losses.
- The adoption and use of artificial intelligence tools by us and our third-party vendors and service providers may increase the risk of errors, omissions, unfair treatment or fraudulent behavior by our employees, clients, or counterparties, or other third parties.
- We rely on third party service providers to provide key components of our business infrastructure, and a failure of these parties to perform for any reason could disrupt our operations.
- Reputational risk and social factors may impact our results.
- We could be subject to losses, regulatory action, or reputational harm due to fraudulent and negligent acts on the part of loan applicants, our employees, and vendors.
- We are subject to claims and litigation pertaining to intellectual property.
- The decreased soundness of other financial institutions could adversely affect us.
- Health emergencies or pandemics may re-emerge.
- Strong competition within our market area could reduce our profits and slow growth.
- Our financial performance will be negatively affected if we are unable to execute our growth strategy.
- We may face increasing deposit-pricing pressures, which may, among other things, reduce our profitability.
- Changes in general business, economic and political conditions, especially in our market area, could adversely affect our growth and earnings.
- Inflationary pressures and rising prices may affect our results of operations and financial condition.
- If we do not adjust to rapid changes in the financial services industry, our financial performance may suffer.
- The results of mainstream media and social media contagion and speculation resulting from externalities could have a broad impact on the banking system and have an adverse effect on us.
- Our stock price and our required liquidity may be negatively impacted by unrelated bank failures and negative customer confidence in financial institutions.
- Additional required capital may not be available.
- We operate in a highly regulated environment, and we may be adversely affected by changes in laws and regulations.
- We may be affected by possible regulatory reform and legislation.
- We may be adversely affected by changes in federal and state tax laws and regulations.
- Our participation in the New Markets Tax Credit (“NMTC”) Program entails certain risks.
- Risks Associated with Our Common Stock
- The market price for the Company’s common stock price may be volatile.
- The Company depends on the Bank for dividends, distributions and other payments.
- Although we have paid cash dividends on shares of our common stock in the past, we may not pay cash dividends on shares of our common stock in the future.
- Our common stock is subordinate to our existing and future preferred stock and to our subordinated notes.
- General Risk Factors
- We will depend on our management team to implement our business strategy and execute successful operations, and we could be harmed by the loss of their services.
- We may not be able to attract and retain skilled people.
- We may be subject to increased litigation which could result in legal liability and damage to our reputation.
- Our reported financial results depend on management’s selection of accounting methods and certain assumptions and estimates.
- The obligations associated with being a public company require significant resources and management attention.
Legal proceedings
From time to time, we are a party to various litigation matters incidental to our ordinary conduct of our business. Management believes that none of these legal proceedings, individually or in the aggregate, will have a material adverse impact on the results of operations or financial condition of the Company.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARTodd Youngren, President
- 17SEC EDGARJeff W. Dick, President
- 18SEC EDGARAbdulhamid Hersiburane, President
- 19SEC EDGARCharles C. Brockett, President
- 20
- 21
- 22SEC EDGARTodd Youngren, EVP, Director
- 23
- 24SEC EDGARWilliam Freesmeier, SVP
- 25SEC EDGARJeff W. Dick, Officer
- 26SEC EDGARThomas J. Chmelik, Officer
- 27
- 28SEC EDGARAbdulhamid Hersiburane, Board member
- 29SEC EDGARRafael E. Deleon, Board member
- 30SEC EDGARDarrell Green, Board member
- 31SEC EDGARElizabeth S. Bennett, Board member
- 32SEC EDGARPatsy I. Rust, Board member
- 33SEC EDGARPaul Thomas Haddock, Board member
- 34SEC EDGARRussell Echlov, Board member
- 35SEC EDGARTerry M. Saeger, Board member
- 36
- 37SEC EDGAROther events
- 38SEC EDGAROther events
- 39
- 40SEC EDGARRegulation FD disclosure
- 41SEC EDGAROther events
- 42SEC EDGARShareholder vote; Other events
- 43SEC EDGAROther events
- 44SEC EDGAROther events
- 45
- 46SEC EDGAROther events
- 47SEC EDGARRegulation FD disclosure
- 48SEC EDGARRegulation FD disclosure
- 49NasdaqNasdaq calendar
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