---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-012638"
form_type: "8-K"
ticker: "MNSB"
cik: "0001693577"
company_name: "MainStreet Bancshares, Inc."
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T14:07:44.417965+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MainStreet Bancshares Q1 2024 net income $2.77M; NIM 3.24%

## Summary
- Net income of $2.77 million for Q1 2024, with net interest margin compressed to 3.24%.
- Deposit costs increased during the quarter, pressuring margin; management targets improved funding costs.
- Asset quality strong with low past-due and non-performing loans; no adverse portfolio trends.
- CEO highlights Avenu embedded banking solution as a compliant, bank-owned fintech platform.

## SEC filing metadata
- accession: 0001437749-24-012638
- form_type: 8-K
- ticker: MNSB
- cik: 0001693577
- company_name: MainStreet Bancshares, Inc.
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1693577/000143774924012638/0001437749-24-012638-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693577/000143774924012638/main20240308_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-012638
- JSON: https://secwatch.observer/filing/0001437749-24-012638.json
- Plain text: https://secwatch.observer/filing/0001437749-24-012638.txt

## Key facts
- Earnings Releases
  MainStreet Bancshares, Inc. reported first quarter of 2024 results: net income net income of $2.77 million.
  - Period: first quarter of 2024
  - Net income: net income of $2.77 million
  - Result: reported results
  source text: MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported net income of $2.77 million for the first quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1693577/000143774924012638/0001437749-24-012638-index.htm

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