---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-031020"
form_type: "8-K"
ticker: "MNSB"
cik: "0001693577"
company_name: "MainStreet Bancshares, Inc."
filed_at: "2024-10-10T23:59:59+00:00"
generated_at: "2026-05-30T16:42:49.120215+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MainStreet Bancshares guides Q3 loss of $0.04 per share; offloads $21.8M in NPLs

## Summary
- Estimates $0.04 loss per common share for Q3 2024 after charging off $1.9M and selling $21.8M in nonperforming loans.
- Reversed $983K accrued interest; paid $593,519 nonrecurring liquidation expenses; provision of $1M for loan growth.
- Nonperforming loans ended Q3 at $28.3M, up from $20.7M at Q2 despite $21.8M disposition.
- Core net interest margin expanding to 3.25%; GAAP NIM estimated at 3.05% for Q3.
- Avenu embedded banking solution v1 completed Sept. 18, 2024; company notes lessons from other solutions.

## SEC filing metadata
- accession: 0001437749-24-031020
- form_type: 8-K
- ticker: MNSB
- cik: 0001693577
- company_name: MainStreet Bancshares, Inc.
- filed_at: 2024-10-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1693577/000143774924031020/0001437749-24-031020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693577/000143774924031020/main20241009_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-031020
- JSON: https://secwatch.observer/filing/0001437749-24-031020.json
- Plain text: https://secwatch.observer/filing/0001437749-24-031020.txt

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