MainStreet Bank Expands Government Contracting Team

Fairfax, VA – MainStreet Bank (OTC Bulletin Board: MNSB) announced the addition of Jeffrey H. Satterly and Ronald K. Hobson to its Government Contract lending team. Mr. Satterly will lead the team along with senior lenders Ronald Hobson and Michael … Continue reading

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MainStreet Bank Reports Another Record Year

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) reported a 39% increase in its share trading price for 2015 with an average daily volume of 3,550 shares traded. The Bank’s stock started the year at $8.90 per share and ended at … Continue reading

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MainStreet Bank Reports Excellent Balance Sheet Growth

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) reported balance sheet growth of 49% through the nine months ending September 30, 2015 with total assets of $481 million against total assets of $322 million at the same period in 2014. The … Continue reading

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MainStreet Bank Acquires Indirect Consumer Loan Portfolio

Fairfax, VA – MainStreet Bank (OTCQX: MNSB) MainStreet Bank today announced the acquisition of an $80 million portfolio of indirect consumer loans from EagleBank (NASDAQ: EGBN) effective July 24, 2015. EagleBank acquired the indirect consumer loan portfolio in a merger … Continue reading

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MainStreet Bank Reports Solid Performance for First Half of 2015

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) completed the first half of 2015 with net income of $871 thousand, up 63% from the first half of 2014 reported earnings of $536 thousand. The increase was primarily driven by an increase … Continue reading

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MainStreet Bank Reports Strong First Quarter

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) completed the first quarter of 2015 with net income of $465 thousand, which is up substantially from the first quarter of 2014. “We are seeing the results of all of our efforts coming … Continue reading

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MainStreet Bank begins trading on OTCQX Platform

NEW YORK, Feb. 2, 2015 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced MainStreet Bank (Fairfax, VA) (OTCQX: MNSB), a community bank serving the Northern Virginia market with in-person and … Continue reading

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MainStreet Bank Continues Record Performance

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) completed 2014 with fully taxed income of $1.753 million, 73% higher than that reported for 2013. “We had a great year all-around,” said Chairman, CEO and President Jeff W. Dick. “Our loan portfolio … Continue reading

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OTC Markets Group Launches OTCQX Banks Index

New benchmark tracks performance of shareholder-friendly community and regional banks nationwide NEW YORK – January 26, 2015 – OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities, today announced … Continue reading

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MainStreet Sets Course for Growth with $12.75 million Capital Raise

Fairfax, VA – MainStreet Bank (OTCQB: MNSB) announces a successful $12.75 million capital raise through the issuance of common stock. “We were pleased that the offering was significantly oversubscribed. Investors clearly understand that the Washington, DC metropolitan area is a … Continue reading

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