MNSB on Nasdaq

MainStreet Bancshares, Inc.

American state commercial bank that raised $43.8 million in 2022 (SEC Form D). Summary from the record

Price unavailable

Last updated Oct 19, 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.4 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 margin5
714.9%Net margin5
9.4%Revenue growth, 20255
7.1%Return on equity5
$10.6MFree cash flow5

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.

  1. Core Banking$1.6M572%up 20% from 2024
  2. Financial Technology$621.0K528%down 11% from 2024
Business segments by year
Business segments2022202320242025
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.5

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.5

Financial statements

Revenue675$2.2M in 2025−10% since 2021
0$1.0M$2.0M$3.0M2021: $2.4M$2.4M20212022: $2.4M$2.4M2022−0%2023: $2.1M$2.1M2023−11%2024: $2.0M$2.0M2024−7%2025: $2.2M$2.2M2025+9%
Gross profit75$73.6M in 2025−2% since 2022
0$25.0M$50.0M$75.0M$100.0M2022: $75.3M$75.3M20222023: $80.1M$80.1M2023+6%2024: $65.8M$65.8M2024−18%2025: $73.6M$73.6M2025+12%
Net income89675$15.6M in 2025+12% since 2019
-$10.0M0$10.0M$20.0M$30.0M2019: $13.9M$13.9M20192020: $15.7M$15.7M2020+13%2021: $22.2M$22.2M2021+41%2022: $26.7M$26.7M2022+20%2023: $26.6M$26.6M2023−0%2024: -$10.0M-$10.0M20242025: $15.6M$15.6M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
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

Compare MainStreet Bancshares, Inc. with another company

Leadership

Who has led MainStreet Bancshares, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jeff W. Dick2020–now

Chair

  1. Jeff W. Dick2020–now

President

  1. Charles C. Brockett2019–2022
  2. Abdulhamid Hersiburane2020–2022
  3. Jeff W. Dick2022–2024
  4. Todd Youngren2024

Chief financial officer

  1. Thomas J. Chmelik2020–2026
  2. Richard Alexander Vari2026–now
20202025
Board members and other officers (17)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorThomas Haddock named Mar 15, 202234

Timeline

  1. Feb 6, 2020New chief executive Jeff W. Dick becomes CEO13
  2. Feb 16, 2016Founded MainStreet Bancshares, Inc. is founded2

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:

  1. Oct 2, 20264 WENDY ADELER HALL Q3 2026 EDGAR
  2. Oct 2, 20264 MORGAN HIGGENS Q3 2026 EDGAR
  3. Aug 21, 20268-K EDGAR
  4. Aug 14, 2026SCHEDULE 13G/A EDGAR
  5. Aug 14, 2026SCHEDULE 13G/A EDGAR
  6. Aug 7, 202610-Q EDGAR
  7. Jul 29, 2026SCHEDULE 13G EDGAR
  8. Jul 21, 20268-K EDGAR
  9. Jul 20, 20268-K EDGAR
  10. Jul 6, 20268-K EDGAR
  11. Jul 2, 20264 FORM 4 DARRELL GREEN EDGAR
  12. Jul 2, 20264 FORM 4 RAFAEL DELEON EDGAR
  13. Jul 2, 20264 FORM 4 WENDY ADELER HALL EDGAR
  14. Jul 2, 20264 FORM 4 MORGAN HIGGENS EDGAR
  15. Jun 18, 202611-K EDGAR
  16. Jun 10, 2026EFFECT EDGAR
  17. Jun 10, 2026EFFECT EDGAR
  18. Jun 8, 2026CORRESP EDGAR
  19. Jun 4, 20264 FORM 4 06-04-2026 EDGAR
  20. 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.

DateWhoTradeSharesPriceValueFiling
Jun 4, 2026Vari Richard AlexanderChief Financial OfficerSale4,500$23.20$104.4KForm 4
Dec 31, 2025ECHLOV RUSSELLDirectorBuy22$18.93$416Form 4
Dec 9, 2025CHMELIK THOMAS JSenior EVPSale7,238$20.09$145.4KForm 4
Dec 8, 2025CHMELIK THOMAS JSenior EVPSale23,577$19.93$469.9KForm 4
Dec 3, 2025CHMELIK THOMAS JSenior EVPSale9,771$19.82$193.7KForm 4
Nov 24, 2025Brockett Charles C.DirectorBuy742$19.02$14.1KForm 4
Nov 24, 2025DICK JEFF WChairman, President and CEOBuy106$18.99$2.0KForm 4
Sep 8, 2025DICK JEFF WChairman, President and CEOBuy176$22.15$3.9KForm 4
May 29, 2025Brockett Charles C.DirectorBuy120$19.12$2.3KForm 4
Feb 21, 2025DICK JEFF WChairman, President and CEOBuy118$16.46$1.9KForm 4
Dec 12, 2024RUST PATSY IDirectorBuy200$20.63$4.1KForm 4
Dec 12, 2024Manouchehri Ali RBuy5,000$20.69$103.5KForm 4
Dec 11, 2024ECHLOV RUSSELLDirectorBuy18$19.50$351Form 4
Dec 11, 2024ECHLOV RUSSELLDirectorBuy150$19.48$2.9KForm 4
Dec 5, 2024DICK JEFF WChairman, President and CEOBuy103$18.85$1.9KForm 4
Nov 25, 2024Brockett Charles C.DirectorBuy300$18.81$5.6KForm 4
Nov 21, 2024Brockett Charles C.DirectorBuy370$18.24$6.7KForm 4
Nov 21, 2024Baboval Michael BChief Risk OfficerSale2,892$18.25$52.8KForm 4
Aug 29, 2024DICK JEFF WChairman, President and CEOBuy113$16.99$1.9KForm 4
Aug 16, 2024DICK JEFF WChairman, President and CEOBuy698$17.40$12.1KForm 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.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. 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.

FundSharesValueShare of the fundChange
Banc Funds Co LLC545,679$13.5M2.2%+14,738
BlackRock, Inc.404,037$10.0M0.0%+56,429
Alliancebernstein L.P.418,393$9.3M0.0%−136,330
Wellington Management Group Llp336,961$8.3M0.0%−15,745
Vanguard Capital Management LLC262,466$6.5M0.0%−39,021
Dimensional Fund Advisors LP205,014$5.1M0.0%+38,381
First Manhattan Co. Llc.161,731$4.0M0.0%−26,377
Geode Capital Management, LLC152,196$3.8M0.0%+5,028
Marshall Wace, Llp120,194$3.0M0.0%+13,969
State Street Corp109,465$2.7M0.0%+9,254
American Century Companies Inc101,604$2.5M0.0%+49,060
Bridgeway Capital Management, LLC66,551$1.6M0.0%+2,775
Cresset Asset Management, LLC59,040$1.5M0.0%−12,960
Citadel Advisors LLC58,344$1.4M0.0%+34,826
Northern Trust Corp48,150$1.2M0.0%+1,215
Fourthstone LLC47,432$1.2M0.8%−337,370
Vanguard Portfolio Management LLC42,813$1.1M0.0%+3,152
Trexquant Investment LP39,525$975.9K0.0%+22,486
Vanguard Fiduciary Trust Co39,018$963.4K0.0%+67
Squarepoint Ops LLC37,233$919.3K0.0%−13,641
Empowered Funds, LLC37,171$917.8K0.0%+2,775
UBS Group AG33,102$817.3K0.0%−80,076
Connor, Clark & Lunn Investment Management Ltd.30,385$750.2K0.0%−2,671
Aqr Capital Management LLC29,408$726.1K0.0%New
Strs Ohio26,100$644.4K0.0%+25,600

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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