secwatch.observer — SEC 8-K summary
======================================

Issuer:     MainStreet Bancshares, Inc. (MNSB)
CIK:        0001693577
Form:       8-K
Filed at:   2024-01-22T23:59:59+00:00
Accession:  0001437749-24-001794
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MainStreet Bancshares reports $26.6M net income for 2023; EPS $3.25
-------------------------------------------------------------------

- Full-year 2023 net income $26.6M; diluted EPS $3.35 (GAAP $3.25).
- ROAE 12.66%, ROAA 1.38%, net interest margin (tax-equiv) 4.08%.
- Core deposits rose to 74% in Q4 from 68% in Q3; wholesale deposits fell to 24%.
- Net loans up 8% YoY to $1.73B; tangible book value per share $23.86.
- Earnings call cancelled due to temporary illness; investor meetings arranged via email.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693577/000143774924001794/0001437749-24-001794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693577/000143774924001794/main20231115_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-001794

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer