MainStreet Bank Reports Sustained Profitability

Fairfax, VA – MainStreet Bank (OTC Bulletin Board: MNSB) reported a profitable 2012 after expending diligent efforts to return its loan portfolio to historically strong levels. This marks the fifth consecutive year of profitability for MainStreet Bank. “Loan quality was … Continue reading

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MainStreet Bank Provides Aircharity® Fundraising Tool For Hurricane Sandy

Fairfax, VA – MainStreet Bank (OTC Bulletin Board: MNSB) established an aircharity® account to collect donations to help communities rebuild from the brutal devastation caused by Hurricane Sandy. MainStreet Bank has agreed to waive all fees for donations received through … Continue reading

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David Cordingley Joins MainStreet Bank

Fairfax, VA – MainStreet Bank (OTC Bulletin Board: MNSB) reported that veteran banker David Cordingley has joined the Bank as a Senior Vice President with the commercial lending team. Mr. Cordingley has been involved in a leadership capacity in several … Continue reading

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MainStreet Bank Reports Profitable 3rd Quarter

Fairfax, VA – MainStreet Bank (OTC Bulletin Board: MNSB) reported a profitable 3rd quarter with net income of $191,791. “The Bank originated $54 million in small business loans this year, which is really a considerable accomplishment given the generally low … Continue reading

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MainStreet Bank Opens Fifth Branch – 2nd Quarter

Fairfax, VA – MainStreet Bank (OTC Bulletin Board: MNSB) opened its fifth branch on August 13, 2012. In a simultaneous event, the bank relocated its headquarters from Herndon to Fairfax. The new location, 10089 Fairfax Boulevard, Fairfax, Virginia, hosts a … Continue reading

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Betsy Johns Joins MainStreet Bank Board

Herndon, VA – MainStreet Bank (OTC Bulletin Board: MNSB) announces the addition of Betsy Johns (aka Elizabeth Bennett) to the Board of Directors. Ms. Johns is an organizing shareholder of the bank, and is currently a partner and CFO with … Continue reading

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MainStreet Bank Reports Profitable First Quarter

Herndon, VA – MainStreet Bank (OTC Bulletin Board: MNSB) reported first quarter net income of $132 thousand. The book value is $9.67 per share as of March 31, 2012. The closing price on that same date is $5.80, which approximates … Continue reading

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MainStreet Bank Reports Profitable 2011

Herndon, VA – MainStreet Bank (OTC Bulletin Board: MNSB) reported year-end net income of $1.089 million for 2011, in comparison to $416 thousand through year-end 2010. The book value is $9.83 per share as of December 31, 2011. The closing … Continue reading

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MainStreet Bank Reports 223% Increase in Profitability

Herndon, VA — MainStreet Bank (OTC Bulletin Board: MNSB) reported year-to-date net income of $1.1 million for the nine months ended September 30, 2011, in comparison to $346 thousand through September 30, 2010. The book value is $9.80 per share … Continue reading

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MainStreet Bank Announces Profitable 2008

February 27, 2010 Herndon, VA – MainStreet Bank (OTC Bulletin Board: MNSB) reported a $100 thousand net income for the year-ended December 31, 2008. Chairman, President & CEO Jeff W. Dick said, “We are extremely pleased with our operating results … Continue reading

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