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 full service branch along with the business development and lending teams. In addition, the corporate offices relocated to the new facility. Although the headquarters moved from Herndon, the original bank branch remains intact. “Our roots are very deep in Herndon, and we will continue to remain very active in the community,” stated Chairman, President & CEO Jeff W. Dick. “We had an opportunity to purchase a larger property in Fairfax back in June 2010 that was just too good to pass up.”

MainStreet Bank reported a loss of $315 thousand for the first six months of 2012. The loss was an
anomaly for the bank, which had ridden through the entire recent recession with positive earnings. The
loss is the result of charge-offs that were associated with two commercial loans. In spite of the recent
charge-offs, the bank anticipates a profitable year-end. The current book value per share is $9.48. The
share price on June 30th closed at 49% of book value, or $4.65.

The bank’s balance sheet reflects total assets at $250 million. Gross loans are at $201 million, total
deposits are at $225 million and the bank remains well capitalized. MainStreet Bank recently introduced a new account called aircharity®. aircharity® is a complete fundraising solution for organized charities as well as groups and individuals who are raising money for any cause. To learn more about aircharity®, visit

MainStreet operates branches in Herndon, Fairfax, Fairfax City, McLean and Clarendon. In addition, MainStreet has an online banking solution called With a robust and easy-to-use online business banking technology, MainStreet has “put our bank” in well over 400 businesses in the Metropolitan area and across the United States. The bank is not restricted by a conventional branching system, as it can offer business customers the ability to Put Our Bank in Your Office®.

MainStreet Bank was the first community bank in the Washington, DC Metropolitan area to offer a full online business banking solution. MainStreet Bank was also the first bank headquartered in the Commonwealth of Virginia to offer CDARS – a solution that provides FDIC insurance on deposits up to $50 million. Further information on the Bank can be obtained by visiting its website at

This release contains forward-looking statements, including our expectations with respect to future events, that are subject to various risks and uncertainties. Factors that could cause actual results to differ materially from management’s projections, forecasts, estimates and expectations include: fluctuation in market rates of interest and loan and deposit pricing, adverse changes in the overall national economy as well as adverse economic conditions in our specific market areas, maintenance and development of well-established and valued client relationships and referral source relationships, and acquisition or loss of key production personnel. Other risks that can affect the Bank are detailed from time to time in our quarterly and annual reports filed with the Board of Governors of the Federal Reserve System. We caution readers that the list of factors above is not exclusive. The forward-looking statements are made as of the date of this release, and we may not undertake steps to update the forward-looking statements to reflect the impact of any circumstances or events that arise after the date the forward-looking statements are made. In addition, our past results of operations are not necessarily indicative of future performance.

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