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MainStreet Bancshares Inc. Reports Strong Second Quarter Earnings

On July 22, 2025, MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the financial holding company for MainStreet Bank, unveiled impressive financial results for the second quarter of the year. The report highlights a remarkable net income of $4.6 million, achieving a net interest margin of 3.75% for the quarter ending June 30, 2025. This indicates a noteworthy increase of $2.1 million and an expansion of 45 basis points compared to the previous quarter.

The financial performance was propelled by a significant uptick in net interest income, which surged by $2.8 million to reach $19.3 million. The earnings per common share experienced commendable growth, rising to $0.53, exceeding market expectations. These figures reflect the company's ongoing commitment to maintaining a strong asset quality alongside robust capital ratios.

Jeff W. Dick, Chairman and CEO of MainStreet Bancshares, expressed pride in the team’s dedicated efforts, stating, “The team's hard work, dedication, and focus on our financial performance were proven with this quarter's results.” He emphasized the commitment to building a strong core banking franchise.

Furthermore, Tom Floyd, Chief Lending Officer of MainStreet Bank, shared insights into the loan portfolio, highlighting its stability and the company’s disciplined credit practices. He noted, “The loan portfolio is in great shape, largely due to our unwavering credit discipline and knowledge of the key players in the community.” The loan-to-deposit ratio remained efficiently utilized at 99%, displaying effective management of deposits in alignment with loan funding needs. This strategic focus directly contributed to the growth of the net interest margin.

MainStreet Bancshares continues to maintain an active share repurchase plan, with approximately $3.1 million in available capacity for future share repurchases as part of its strategic capital plan.

About MainStreet Bank

MainStreet Bank operates six branches located in Herndon, Fairfax, McLean, Leesburg, Clarendon, and Washington, D.C. It serves a wide customer base with 55,000 free ATMs and an entirely integrated online and mobile banking solution. The bank provides business customers with the unique opportunity to “Put Our Bank in Your Office®.” This innovative service allows MainStreet to extend its reach into various business environments across the metropolitan area.

Offering a robust suite of lending products designed for business and professionals, MainStreet Bank stands out for its government contracting lines of credit, commercial lines and term loans, residential and commercial construction financing, and commercial real estate loans. They also collaborate with the SBA to provide 7A and 504 lending solutions.

In terms of technology, MainStreet was the first community bank in the Washington, D.C. metropolitan area to introduce a complete online business banking solution. Additionally, it was the first bank in Virginia to offer CDARS, which provides comprehensive FDIC insurance coverage for multi-million dollar deposits. This commitment to innovation helps enhance the customer experience while ensuring their financial needs are met with efficiency and excellence.

As the quarter concludes, MainStreet Bancshares’ strong financial footing and strategic vision position it favorably for future growth. The forward-looking statements should be interpreted with caution as they entail various risks and uncertainties prevalent in the financial landscape today. The company plans to continue leveraging its competitive advantages while nurturing key client relationships for sustained success in the years ahead.