MainStreet Bancshares Q2 2024 net income $2.6M; deposits up 10.2% YoY

MainStreet Bancshares, Inc.

2024-Q2 EPS reported $0.64 revenue$67,465,000

Net income of $2.6M for Q2 2024; net interest margin settled at 3.15%.
Total deposits $1.8B, up 10.2% YoY; loan growth 8.6% YoY to $1.8B.
Credit quality: net charge-offs 8 bps of avg loans, NPAs 0.99% of assets.
Core deposits 78% of total; BaaS platform Avenu in limited production.
No specific forward guidance; management cites improving NIM outlook.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.