---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-001543"
form_type: "8-K"
ticker: "MNSB"
cik: "0001693577"
company_name: "MainStreet Bancshares, Inc."
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:51:37.043034+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MainStreet Bancshares reports record 2022 net income of $26.7M, up 20% YoY

## Summary
- Record net income of $26.7M for 2022, up 20.3% YoY; EPS $3.26 basic and diluted.
- Net interest margin widened 84 bps to 4.19% for year; Q4 NIM 4.70% vs 3.49% prior year.
- Loan portfolio grew 17.8% to $1.58B; zero nonperforming assets; total assets $1.93B.
- Deposits up 7% to $1.51B; core deposits 69%; efficiency ratio improved to 52% from 55%.
- Avenu embedded banking solution onboarded first client, targeting full operation in 2023.

## SEC filing metadata
- accession: 0001437749-23-001543
- form_type: 8-K
- ticker: MNSB
- cik: 0001693577
- company_name: MainStreet Bancshares, Inc.
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1693577/000143774923001543/0001437749-23-001543-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693577/000143774923001543/main20221222_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-001543
- JSON: https://secwatch.observer/filing/0001437749-23-001543.json
- Plain text: https://secwatch.observer/filing/0001437749-23-001543.txt

## Key facts
- Earnings Releases
  MainStreet Bancshares, Inc. reported the year ended December 31, 2022 results: revenue $70 million, net income $26.7 million, EPS $3.26 earnings per common share (basic and diluted).
  - Period: the year ended December 31, 2022
  - Revenue: $70 million
  - Net income: $26.7 million
  - EPS: $3.26 earnings per common share (basic and diluted)
  - Result: reported results
  source text: solution. The markets rewarded our upward momentum, efficiency, and focus on innovation with solid interest in our shares and improved valuations.” Net interest income reached $70 million in 2022, up 30.8% from the previous year’s $53.5 million. As the Federal Reserve undertook seven interest rate increases in 2022, MainStreet Bank benefited from having an
  evidence_url: https://www.sec.gov/Archives/edgar/data/1693577/000143774923001543/0001437749-23-001543-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.