---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-001883"
form_type: "8-K"
ticker: "MNSB"
cik: "0001693577"
company_name: "MainStreet Bancshares, Inc."
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:18:58.168858+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MainStreet Bancshares reports 2024 net loss of $9.98M on software impairment and NPA resolution

## Summary
- Net loss of $9.98M for 2024 due to full impairment of Avenu capitalized intangible software and resolution of nonperforming assets.
- Net interest margin 3.13%; core deposits grew $187M to $1.4B (75% of total deposits).
- Loan portfolio grew 6%; 62% of nonperforming loans resolved; remaining $21.7M in process.
- Total deposits grew 13% to $1.9B; company remains strongly capitalized with good liquidity.

## SEC filing metadata
- accession: 0001437749-25-001883
- form_type: 8-K
- ticker: MNSB
- cik: 0001693577
- company_name: MainStreet Bancshares, Inc.
- filed_at: 2025-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1693577/000143774925001883/0001437749-25-001883-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693577/000143774925001883/main20241120_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-001883
- JSON: https://secwatch.observer/filing/0001437749-25-001883.json
- Plain text: https://secwatch.observer/filing/0001437749-25-001883.txt

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