---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020493"
form_type: "8-K"
ticker: "MNSB"
cik: "0001693577"
company_name: "MainStreet Bancshares, Inc."
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:17:12.375425+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MainStreet Bancshares Q2 net income $6.9M, up 17% YoY; EPS $1.86, margin 4.45%

## Summary
- Net income $6.9M in Q2 2023, up 17.1% YoY; diluted EPS $1.86.
- Net interest margin (tax-equivalent) 4.45%; ROAA 1.60%, ROAE 14.87%.
- Loan portfolio $1.66B, up 15.7% YoY and 1.3% QoQ; net charge-offs $0.
- Efficiency ratio 53.48%; tangible book value $22.73 per common share.
- Avenu embedded banking platform onboarded first client; expected to accelerate deposit growth.

## SEC filing metadata
- accession: 0001437749-23-020493
- form_type: 8-K
- ticker: MNSB
- cik: 0001693577
- company_name: MainStreet Bancshares, Inc.
- filed_at: 2023-07-24T23:59:59+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/1693577/000143774923020493/0001437749-23-020493-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693577/000143774923020493/main20230525_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020493
- JSON: https://secwatch.observer/filing/0001437749-23-020493.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020493.txt

## Key facts
- Earnings Releases
  MainStreet Bancshares, Inc. reported the quarter ended June 30, 2023 results: net income $6.9 million, EPS $1.86.
  - Period: the quarter ended June 30, 2023
  - Net income: $6.9 million
  - EPS: $1.86
  - Result: reported results
  source text: reported net income of $6.9 million for the quarter ended June 30, 2023, in line with expectations. This represents a 17.1% increase from the year-earlier second quarter. Performance through the first half of 2023 remains very strong (returns are annualized): Return on average assets: 1.60% Return on average equity: 14.87% Net interest margin (tax equivalent): 4.45% Efficiency ratio: 53.48% Allowance for credit losses: 1.04% Liquidity coverage ratio: 124% Core deposit ratio: 74% FDIC insured deposits / total deposits: 76% Net charge-offs: $0 Earnings per common share: $1.86
  evidence_url: https://www.sec.gov/Archives/edgar/data/1693577/000143774923020493/0001437749-23-020493-index.htm

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