MainStreet Bancshares Inc. Reports 2024 Results
Provided By PR Newswire
Last update: Jan 27, 2025
A challenging year, ending with strong and stable asset quality and strong capital
FAIRFAX, Va., Jan. 27, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the financial holding company for MainStreet Bank reported a loss of $9.98 million for 2024 resulting from the nonrecurring impairment of capitalized intangible software and the resolution of nonperforming assets. The Company remains strongly capitalized with good liquidity.
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